Insights
The Dynamics of European Covenant Lite — 2025
In Practice: EU Proposed Securitisation Disclosure Reforms: Is the Remedy Worse Than the Affliction?
DOJ Focuses FCPA Enforcement With New Guidelines
Resource
Demystifying Spinoffs: Complex “IPOs” With a Sophisticated Tax Overlay
Key considerations when spinning off a business segment or division.
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.
Administrative Agent Fee
the annual fee paid to the Administrative Agent for administering a Credit Facility; sometimes referred to as the Agency Fee.
Pay by Weight
a system by which waste disposal fees increase with the weight of waste disposed.
Wheeling
the transmission of electricity by one company or utility over the system of another utility.
Bear Market
bad times. Hang in there for a Bull Market.
Angel Investor
an investor that provides capital for a business start-up, usually in exchange for convertible Preferred Stock or equity ownership.
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
EBA Publishes No Action Letter on Interaction Between MiCA and PSD2
In the short term, firms are likely to face dual authorisation and significant regulatory requirements.
EPA Proposes Repeal of Power Plant GHG Emissions Standards
If finalized, the rule would eliminate both Obama- and Biden-era limits on GHG emissions from fossil fuel-fired power plants.
SEC Staff Clarifies That Certain Protocol Staking Activities Do Not Implicate the Registration Requirements of the US Federal Securities Laws
The Staff clarifies that protocol staking does not qualify as a security under the Howey Test, clearing the way for market participants to engage in staking.
FCA’s Final Proposals for PISCES: A New Era for Private Market Trading
The FCA sets the stage for a groundbreaking private-public crossover market with PISCES, embracing a “private-plus” approach.
US Supreme Court Clarifies Scope of Review Under NEPA
The decision emphasizes the importance of judicial deference to agencies on NEPA and narrows the scope of environmental analyses.
SEC Staff Withdraws Statement on Broker-Dealer Custody of Digital Asset Securities and Issues Crypto FAQs
The Staff’s most recent actions continue to set the stage for notice-and-comment rulemaking long-awaited by the digital asset industry.
Latest Developments in Fight Over California’s Climate Disclosure Laws
A preliminary injunction motion is set for May, the judge issued a scheduling order, and CARB announced a public workshop to kick off a rulemaking to implement the laws.
100 Days In: FDA Updates and Trends to Watch
Recent developments include leadership changes, workforce reductions, and policy shifts at HHS and FDA, reshaping agency operations under President Trump’s administration.
Data Protection Compliance Audits to Take Effect in China in 2025
The measures outline requirements and procedures for self-initiated and regulator-mandated compliance audits from May 1, 2025.