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What colorful method does Claire Miley use to keep up with the latest healthcare regulations as they relate to proposed transactions? 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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Danielle Sloane Discusses DOJ's Latest Healthcare Fraud Charges Against 301 Individuals

Bloomberg BNA

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June 27, 2016

Bass, Berry & Sims attorney Danielle Sloane discussed the Department of Justice's (DOJ’s) June 22 announcement charging 301 individuals for participation in various healthcare fraud schemes. This nationwide operation set the record for the number of individuals charged in one takedown. Speaking to the breadth of the operation, Danielle points out "'that the government's enforcement team is deep, far reaching and has no plans to reduce their focus on the healthcare community.'" Danielle also stated that "[t]he takeaway is that healthcare providers and suppliers, whether big or small, need to carefully ensure they are following the litany of complex rules that apply to them, because the consequences can be unforgiving."

The full article, "Government Snags 301 People in Nationwide Health-Care Fraud Sweep," was published by Bloomberg BNA on June 22, 2016, and is available online.


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