Insights
One Big Beautiful Bill: Key Business and Investment Impacts
UK Supreme Court Hands Down Combined Judgment Affecting Consumer Finance Sector
Regional Foundations, Global Ambitions: A Blueprint for California Recruiting
Report
One Big Beautiful Bill: Key Business and Investment Impacts
The Act makes permanent many expiring TCJA provisions and changes key features of US tax law applicable to businesses and investments.
Latham in Focus Video Series
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.
Pairs Trading
an investment strategy that involves matching a long position with a short position in two historically correlated stocks.
Slug
Technically, any land or acquatic gastropoda mollusk without a shell. Universally detested by gardeners as an obnoxious and highly destructive pest. Think of a snail without a shell. In restructuring, people speak of a Slug of debt generally when they mean a tranche of debt, or sometimes a large quantity of debt.
Yates Memo
named after author Deputy Attorney General Sally Yates, the memo formally titled “Individual Accountability for Corporate Wrongdoing” emphasized the Department of Justice’s focus on holding individual corporate executives accountable for corporate wrongdoing. The memo set forth six steps to reinforce the Department of Justice’s pursuit of individual wrongdoing.
Temporary Taking
when a government takes Property by Condemnation for a finite period of time.
Pathological Arbitration Clause
literally, a diseased provision for Arbitration, meaning that the provision is unworkable.
Typically, a clause will be pathological because it provides for conflicting or non existent matters, such as an Arbitral Institution that does not exist or court and Arbitration proceedings at the same time.