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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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Thought Leadership

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Thought Leadership Spotlight

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 and Sylvia Yi Author Article Outlining Impact of 2016 Sanctions

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December 17, 2015

Bass, Berry & Sims attorneys Thad McBride and Sylvia Yi provided a look ahead to potential developments in U.S. sanctions in 2016 and the impact on the manufacturing industry. "Like many years that have preceded it, 2016 should be an eventful 12 months with respect to U.S. economic sanctions and embargoes," they predict. With the constant evolution of foreign policy, manufacturers must keep a close watch on developments and with whom they do business. While business opportunities should open up in Cuba, Iran, Burma and Liberia, it is likely that other business may be further restricted – especially in the case of any party affiliated with Islamic State.

The full article, "Looking Ahead to US Sanctions in 2016," was published by IndustryWeek on December 16, 2015 and is available online.


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