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EU Directive on Representative Actions

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.

Bleed Off

not just what happens to the oil and gas industry when commodity prices hit rock bottom. The process of slowly Venting fluid from a vessel or system in order to equalize or relieve pressure from the vessel or system, and make the next phase of the operation possible. This process is often used at the end of a high-pressure test / treatment.

Word of the Day®

Parent

the main document in a Family (typically a cover email). Children are attached to Parents to comprise a single Document Family.

Word of the Day®

Forum Shopping

the process of selecting the most advantageous forum in which to commence legal proceedings in circumstances in which there is a choice.

Word of the Day®

Qualified Institutional Buyer (QIB)

large Institutional Investors that must have at least US$100 million invested in Securities or under management. Qualified Institutional Buyers are the permitted Purchasers of Securities in Rule 144A Financing. See Rule 144A.

Word of the Day®

Freemium

a pricing strategy that offers a basic version of a product to users for free with the goal of selling them additional features for a fee.

Word of the Day®

In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.

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