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In June 2016, AmSurg Corp. and Envision Healthcare Holdings, Inc. (Envision) announced they have signed a definitive merger agreement pursuant to which the companies will combine in an all-stock transaction. Upon completion of the merger, which is expected to be tax-free to the shareholders of both organizations, the combined company will be named Envision Healthcare Corporation and co-headquartered in Nashville, Tennessee and Greenwood Village, Colorado. The company's common stock is expected to trade on the New York Stock Exchange under the ticker symbol: EVHC. Bass, Berry & Sims served as lead counsel on the transaction, led by Jim Jenkins. Read more.

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Inside the FCA blogInside the FCA blog features ongoing updates related to the False Claims Act (FCA), including insight on the latest legal decisions, regulatory developments and FCA settlements. The blog provides timely updates for corporate boards, directors, compliance managers, general counsel and other parties interested in the organizational impact and legal developments stemming from issues potentially giving rise to FCA liability.

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

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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.


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