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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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Paige Mills Outlines Modest Approach to Enforce IP Rights

InsideCounsel.com

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May 2, 2016

Bass, Berry & Sims attorney Paige Mills authored an article for InsideCounsel on the ways owners can enforce their IP rights by using a more measured approach in today's marketplace full of social media outlets. In the article, Paige references examples of brand owners that used social media campaigns to try and stop alleged IP abusers, and in the process were labeled as "bullies." Before considering this approach, Paige suggests IP owners ask themselves a series of questions before deciding to "wake the Internet." If action is warranted, Paige recommends writing a letter to the alleged brand abuser and keep in mind the following guidelines:

  1. Write a letter that is well tailored to the facts of the current situation.
  2. If the other side has an arguable defense, address that defense on the front end and state clearly why it would not apply.
  3. Provide picture evidence.
  4. Do not make unreasonable demands.
  5. Do not claim that the letter is subject to copyright and that you will sue the recipient if he or she publishes the letter.
  6. Do not explicitly threaten to sue the alleged infringer.
  7. Do not give a drop-dead date for response.
  8. Follow up.

The full article, "How to Enforce Your IP Rights Without Waking the Internet," was published by InsideCounsel.com on April 27, 2016, and is available online or in the PDF below.

This content is part of a series of articles focused on intellectual property issues published by InsideCounsel.com and authored by Bass, Berry & Sims attorneys. Click the links below to read other articles in the series.

Download Document - InsideCounsel (April 27, 2016)

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