Insights
The CLARITY Act, Treasury Companies, and the (Digital) Commodity Pool
A “Golden Age” of Data Center Dominance
Healthcare & Life Sciences: Drug Pricing Digest — Number 51
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.
Bullet (Maturity)
when the entire principal of a Bond or Term Loan is due and payable on the Maturity Date (i.e., there is little or no Amortization prior to Maturity). Bullet (Maturity) is also known as a Balloon Payment.
Salam
an Islamic finance term meaning a Shari’ah-compliant forward contract (i.e., a forward contract structured to avoid the Gharar or Maisir in a conventional forward contract).
Boolean Search
a search conducted in databases using keywords and connectors (e.g., “and,” “or,” “not”) to include or exclude terms from search results.
Peak Shaving
when a business customer uses its own on-site generator during On-Peak periods to avoid being charged premium utility rates.
Organic Growth Capital Expenditures
investments used in the process of business expansion to increase operating capacity or operating income through the construction and development of new assets, as opposed to mergers and acquisitions