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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: Don't "Play" Around with Some Google Apps

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June 23, 2017

A group of researchers at the University of Michigan has discovered that hundreds of applications in Google Play, whose function is to turn Android phones into a server that allows the user to connect their phone directly to their home PC, leave open insecure ports available on the smartphone. This vulnerability provides attackers the means to hack into the smartphone and steal data, including contacts, text messages, and photos, or even install malware.

The researchers scanned 100,000 popular apps in the Google Play app store to determine if any of them allowed the user to connect directly to their PC to send text messages, transfer files or use the phone to connect to the Internet. They found that 1,632 apps allowed the connections. Of the 1,632 apps, 410 of those had zero or weak protection and allows access to open ports. Of that subset, the researchers manually analyzed 57 of those apps and confirmed that the apps left ports open and exploitable by any hacker on the same local Wi-Fi network, another app on the same device (even one with restricted privileges), or a script that runs in the victim's browser when they merely visit a website. 

It is important to note that neither Google nor the user can fix the flaw — it is up to the app developers. The only thing you can do is to uninstall the vulnerable app. When the researchers alerted four different app developers of the flaw, only one developer responded to the inquiry and indicated that they patched it. 

No matter what kind of smartphone you own, be cautious when downloading apps, including reading the app's Privacy Policy and Terms of Use and keep up-to-date on vulnerabilities of apps that you have on your phone. Although convenient, not all apps need to be downloaded.

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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