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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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J. Akele Parnell

Associate

Nashville
(615) 742-7895 TEL
(615) 742-2777 FAX

J. Akele Parnell

Associate

Nashville
(615) 742-7895 TEL
(615) 742-2777 FAX
Nashville
(615) 742-7895 TEL
(615) 742-2777 FAX

Akele Parnell advises clients on a broad range of corporate matters including securities law issues, mergers and acquisitions, and corporate governance. His clients include public and private companies across several industries including healthcare, food and beverage, and others. 

Akele joined Bass, Berry & Sims after earning a law degree and a Master of Public Health from Washington University. He earned a B.A. in history from Auburn University.

Memberships

American Health Lawyers Association (AHLA)

Nashville Council of Health Care Attorneys

Napier-Loopy Bar Association 

Valor Collegiate Academy – Academic Achievement Committee, Apprentice to the Board

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Representative Experience

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Accolades

Scholar in Law Award 

Brown School Scholarship 

Women & the Law – Undergraduate Instructor (Fall 2012)

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