Insights
A Look at UK, EU, and US Cartel Enforcement Trends
Key Regulatory Updates for Hong Kong Listed Companies — July/August 2024
The Demise of Chevron Deference and Its Impact on the Healthcare and Life Sciences Industries
Featured Resource
UK Online Safety Act 2023
A primer on the new law for relevant service providers, within and beyond the UK.
Energy & Infrastructure — Battery Energy Storage Trends
The Book of Jargon Series – Word of the Day®
The Book of Jargon® is a series of practice area and industry-specific glossaries published by Latham & Watkins.
Special Purpose Vehicle (SPV)
an entity created for a specific purpose, as opposed to a general operating entity. Can be (but isn’t always) a Bankruptcy Remote Vehicle, used for acquiring specific assets.
Unitranche
a type of debt that combines Senior Debt and Subordinated Debt into one instrument in order to simplify the debt structure and accelerate the acquisition process. The Borrower would typically pay a blended Interest Rate falling between the rates which would have been applicable for Senior Debt and Subordinated Debt.
Obligor
The collective name for Borrowers and Guarantors.
Raiden Network
technology that allows near-instant and low-fee transactions of Cryptocurrency using Ethereum’s technology.
Tax Shield
the inverse of the ratio of taxable income to cash distributions, expressed as a percentage. The higher the percentage, the lesser the amount of a cash distribution will be currently taxable to an MLP Unitholder.