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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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Tim Garrett Authors Article on Culture Wars in the Workplace

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September 29, 2016

Bass, Berry & Sims attorney Tim Garrett authored an article for Workforce magazine outlining how the workplace can be considered the unintended battleground for cultural wars. In the article, Tim identifies the causes of this reality and the tension it creates; highlights certain "false" solutions; and provides a more effective, practical solution for working toward a coherent, team-oriented, positive work environment. As Tim points out in the article, "employers have recognized the differing constituencies in the workplace and have begun evaluating how to balance the needs and rights they present. Savvy management knows that true leadership involves managing relationships in a way that promotes the desired workplace narrative." He offers employers the following practical solutions to help create this type of work environment:

  • Focus on relationships, not rules.
  • Affirm what is best in others, rather than focusing on fearing the worst.
  • Reinforce that all work has dignity and all workers deserve respect.
  • Require performance management.
  • Approach performance management with humility.

The full article, "Arming for the Workplace Cultural Dynamics," was published by Workforce on September 29, 2016, and is available online.


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