Close X
Attorney Spotlight

What colorful method does Claire Miley use to keep up with the latest healthcare regulations as they relate to proposed transactions? Find out more>

Search

Close X

Experience

Search our Experience

Experience Spotlight

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.

CLARCOR
Close X

Thought Leadership

Enter your search terms in the relevant box(es) below to search for specific Thought Leadership.
To see a recent listing of Thought Leadership, click the blue Search button below.

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.

Read More >

John Speer Authors Law360 Article on CFPB's Target of Overdraft Program

Law360

Publications

March 15, 2016

Bass, Berry & Sims attorney John Speer authored an article on the Consumer Financial Protection Bureau's (CFPB) criticism of overdraft practices and the fees generated from them. On February 3, the CFPB sent a letter to 25 of the largest retail banks in the nation encouraging them to provide alternative accounts without overdraft prevention and advertise those "low-risk" alternatives to reduce the use of overdraft programs by consumers. Following this letter, the CFPB announced its "two-year policy priorities," which further implement the rules set forth related to overdrafts, as well as outlines how the Bureau will use its rule-making authority to accomplish its objectives. As John explains in the article, "[w]hile the CFPB does not have regulatory or supervisory authority to require banks to offer or eliminate particular services or to control the fees charged for them, it has identified parts of overdraft programs, including the fees charged, and their negative affect on consumers that require action on its part."

The full article, "CFPB Targets Overdraft Programs," was published by Law360 on March 14, 2016, and is available online.


Related Professionals

Related Services

Notice

Visiting, or interacting with, this website does not constitute an attorney-client relationship. Although we are always interested in hearing from visitors to our website, we cannot accept representation on a new matter from either existing clients or new clients until we know that we do not have a conflict of interest that would prevent us from doing so. Therefore, please do not send us any information about any new matter that may involve a potential legal representation until we have confirmed that a conflict of interest does not exist and we have expressly agreed in writing to the representation. Until there is such an agreement, we will not be deemed to have given you any advice, any information you send may not be deemed privileged and confidential, and we may be able to represent adverse parties.