Insights
FCA Consults on Changes to the UK Short Selling Regime
The LathamTECH Podcast — Transatlantic Crypto Insights: Stablecoins
Top Five US IP Litigation Developments for Companies Based in Asia Heading Into 2026
Resource
The Latham FPI Guide
Updated guide includes the topics that are of most interest to foreign private issuers and their advisors when engaging in US capital markets transactions.
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.
Side-Car
a facility which the Borrower incurs in lieu of, but in accordance with the restrictions contained in the Incremental Facility but which is documented outside of the Facility Agreement.
Algorithm
a system for solving a specific class of problems. Algorithms are the step-by-step instructions given to a computer in order to produce a desired outcome. In the Cryptocurrency world, each Consensus model follows a certain Algorithm.
Unit Majority
during the Subordination Period, means at least a majority of the aggregate number of Outstanding Common Units and Outstanding Subordinated Units, voting as separate classes. After the Subordination Period, means at least a majority of the aggregate number of Outstanding Common Units.
Dry Closing
a lending transaction in which all of the documents are executed and delivered but no money flows, pending satisfaction of one or more Conditions Subsequent, at which point the Financial Closing will occur (i.e., the loans will be made).
Hard Call
a prepayment premium that has to be paid both for Voluntary Prepayments and Mandatory Prepayments. Even a Hard Call provision may include negotiated exceptions for certain Mandatory Prepayment provisions.

