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Attorney Spotlight

Learn about Richard Arnholt's diverse government contracts practice and why he chose to pursue a career in the legal field. Read more>

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Experience Spotlight

In June 2017, Pinnacle Financial Partners, Inc. (NASDAQ: PNFP) closed a $1.9 billion merger with BNC Bancorp (NASDAQ: BNCN) pursuant to which BNC merged with and into Pinnacle. With the completion of the transaction, Pinnacle becomes a Top 50 U.S. Bank. The merger will create a four state footprint concentrated in 12 of the largest urban markets in the Southeast. 

Bass, Berry & Sims has served Pinnacle as primary corporate and securities counsel for more than 15 years and served as counsel on the transaction. Our attorneys were involved in all aspects related to the agreement, including tax, employee benefits and litigation. 

Read more details about the transaction here.

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Thought Leadership

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Regulation A+

It seems that lately there has been a noticeable uptick in Regulation A+ activity, including several recent Reg A+ securities offerings where the stock now successfully trades on national exchanges. In light of this activity, we have published a set of FAQs about Regulation A+ securities offerings to help companies better understand this "mini-IPO" offering process, as well as pros and cons compared to a traditional underwritten IPO.

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Labor Talk Blog: NLRB Regional Director Finds that Scholarship Football Players at Northwestern are Employees, not "Primarily Students" and Orders Union Election

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March 26, 2014

Readers of this blog will recall our post on January 30 of this year, found here, regarding the effort by certain Northwestern University football players to unionize scholarship players on the team. Many pundits (including this one) predicted that even this National Labor Relations Board (NLRB) would not find that the players were employees. Wrong (at least so far)!

After a recent hearing, the Regional Director of the NLRB found that the scholarship players are, in fact, employees. The Regional Director found that the scholarship players are not "primarily students" of the university. One prediction this writer still believes will hold true — this issue will continue a reflective analysis of the primary role of major college athletics in this country. As mentioned, the College Athletes Players Association (CAPA), the union affiliated with the Steelworkers and attempting to organize the players, is targeting primarily the Division I football and basketball players. That is where the largest commercialization in college sports has occurred.

Stay tuned – more analysis (and a likely appeal of the Regional Director's decision) to come.


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