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In addition to Mark Manner's busy corporate legal practice, he has established himself as a respected and avid astronomer. Read 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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Thought Leadership

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Blueprint for an IPO

Companies go public to raise capital to fuel growth, pay down debt and provide liquidity to shareholders. Although all issuers and offerings are different, the basic process of going public remains relatively constant. Blueprint for an IPO identifies the key players, details the process and identifies the obligations companies will face after going public.

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Privacy Perils: Choose Your "Friends" Wisely

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November 29, 2016

By press release on Monday, November 14, 2016, adult website operator Friend Finder Network, Inc. (FFN) confirmed it was addressing "a security incident involving certain customer usernames, passwords and email addresses."  Among FNN's adult websites are AdultFriendFinder.com, cam.com and Penthouse.com. Subsequent reports by various sources peg the number of compromised accounts at over 400 million across several of FFN's websites, placing it second behind only Yahoo's announced breach earlier this year of over 500 million accounts. The purloined FFN customer data apparently dates back as much as 20 years, and may include personally sensitive information such as dates of last visit and site membership status. The FFN hack comes on the heels of last year's incursion into Life Media, Inc.'s Ashley Madison site. Additional facts concerning the FFN hack can be found on numerous news and industry online publications. The corollary to Billie Dawn's proclamation "Never do nothing you wouldn't want printed on the front page of The New York Times" is never frequent any website unless you are prepared to explain it to the public. And your mother.

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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