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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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Privacy Perils: Social Media - When Private Doesn't Always Mean Undiscoverable

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December 18, 2015

Social media has dramatically changed how we interact with each other. The digital footprint left by individuals on sites like Facebook, Twitter, LinkedIn and YouTube is at the forefront of today's litigation. It is standard practice today to use social media sites as evidence to research parties; establish or refute facts; determine or rebut state of mind or health; and identify, impeach or bolster the credibility of witnesses. Courts have held there is no reasonable expectation of privacy for social media accounts, since "private" is not necessarily the same as "not public." Even when you limit who can see your photos or read your status updates, that information still may be discoverable. Practically, a requesting party is more likely to convince a court the information is discoverable if at least some part of social media content is publicly available. When a social media account is not publicly available, discovery is much less likely. Keep this in mind when posting on social media websites, and ensure that you have implemented appropriate privacy settings.

Privacy Perils imageCheck out our series, Privacy Perils, to learn what steps you can take to guard your personal and company data. For more information about this topic and other cyber security concerns, please contact Bob Brewer, Tony McFarland, Elizabeth Warren or a member of our Privacy & Data Security team.

 


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