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Attorney Spotlight

In addition to Mark Manner's busy corporate legal practice, he has established himself as a respected and avid astronomer. Read more>


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Experience Spotlight

On December 1, 2016, Parker Hannifin Corporation and CLARCOR Inc. announced that the companies have entered into a definitive agreement under which Parker will acquire CLARCOR for approximately $4.3 billion in cash, including the assumption of net debt. The transaction has been unanimously approved by the board of directors of each company. Upon closing of the transaction, expected to be completed by or during the first quarter of Parker’s fiscal year 2018, CLARCOR will be combined with Parker’s Filtration Group to form a leading and diverse global filtration business. Bass, Berry & Sims has served CLARCOR as primary corporate and securities counsel for 10 years and served as lead counsel on this transaction. Read more here.

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Thought Leadership

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Thought Leadership Spotlight

Blueprint for an IPO

Companies go public to raise capital to fuel growth, pay down debt and provide liquidity to shareholders. Although all issuers and offerings are different, the basic process of going public remains relatively constant. Blueprint for an IPO identifies the key players, details the process and identifies the obligations companies will face after going public.

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Mark Mamantov Comments on Impact of Border Region Retail Tourism Development District Act

Media Mentions

February 8, 2016

Bass, Berry & Sims attorney Mark Mamantov provided insight for an article outlining details of the Border Region Retail Tourism Development District Act (Border Region Act), a program created in 2011 that allows for incentives "to increase tourism and the competitiveness of [Tennessee] with bordering states by empowering local governments to encourage the development of extraordinary retail or tourism facilities..." As Mark points out in the article, "[t]he key to the border region act is that developers and cities are reimbursed for money spent in border regions. And state sales tax reimbursements from border region sales can only be used for border region projects."

The article discusses The Pinnacle project, a 200-acre commercial development in Bristol, Tennessee, which utilized incentives under the Border Region Act to entice retailers such as Bass Pro Shops, Marshall's and Dick's Sporting Goods to locate in Tennessee rather than neighboring states. Mark led the team at Bass, Berry & Sims that worked on the financing for that project.

The full article, "Border Tax Breaks Reel in Bass Pro in Bristol, East Ridge," was published by the Times Free Press on February 7, 2016, and is available online.

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