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Find out how Gardner Bell's experience promoting financial and economic development initiatives both locally and abroad informs his role as an attorney. Find out more>

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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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Securities Law Exchange BlogSecurities Law Exchange blog offers insight on the latest legal and regulatory developments affecting publicly traded companies. It focuses on a wide variety of topics including regulation and reporting updates, public company advisory topics, IPO readiness and exchange updates including IPO announcements, M&A trends and deal news.

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Michael Moschel Comments on Protected Concerted Activities for Employees

Human Resource Executive/HREOnline

Media Mentions

May 25, 2016

Bass, Berry & Sims attorney Michael Moschel discussed the significance of the appeals court decision in MikLin Enterprises Inc. v. National Labor Relations Board regarding protected concerted activity for employees. In the case, the court upheld an earlier NLRB decision that found MikLin Enterprises violated sections of the National Labor Relations Act by terminating and disciplining employees who participated in protected concerted activity, as well as encouraging other workers to badger union supporters via social media. Unease between MikLin Enterprises, which owns and operates 10 Jimmy John's sandwich restaurant franchises, and employees attempting to unionize dates back to 2007 when a group attempted to organize employees at the 10 franchises. Michael explains that the 8th Circuit upheld the NLRB decision for two primary reasons: first, "the discipline was one incident that was part of a larger employer/union dispute over organizing and collective bargaining." Secondly, Jimmy John's had recently been the subject of media reports concerning customers who had been sickened from the norovirus. "Thus, the 'protected' speech was addressing a recent public health scare and was not simply a private matter between the company and its workers," added Michael.

The full article, "Caution Around Concerted Activities," was published by Human Resource Executive/HREOnline on May 25, 2016, and is available online.


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