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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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Thad McBride Quoted in USA Today on Addition of Kim Jong Un to U.S. Sanctions List

USA Today

Media Mentions

July 6, 2016

Bass, Berry & Sims attorney Thad McBride was quoted in an article in USA Today that addressed the addition of North Korean leader Kim Jong Un to the U.S. sanctions list. In addition to the North Korean leader, 22 additional individuals and entities were designated and added to the sanctions list for human rights abuses. As Thad points out in the article, "the sanctions are mostly symbolic, especially since they include Kim Jong Un, but more action could follow." These designations follow the "executive order signed by President Obama in March [giving] the U.S. Treasury broad authority 'to cut them (North Korea) off from the U.S. economy. What the government has been doing is piece-by-piece and person-by-person ratcheting up the sanctions.'"

The full article, "U.S. Puts N.K. Leader Kim Jong Un on Sanctions List for Human Rights Abuses," was published by USA Today on July 6, 2016, and is available online.


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