Insights
UK FCA Consults on Simplifying Climate-Related Reporting for Investment Products
Illinois Interchange Fee Law Maxes Out After Permanent Injunction and Legislative Postponement
Latham in Focus: The False Claims Act’s Next Wave
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.
High Splits
when the holder of the Incentive Distribution Rights (often the General Partner) is receiving distributions at the highest marginal percentage (typically 48 percent, exclusive of the General Partner Interest), it is sometimes said that the holder is “in the high splits.” See Incentive Distribution Rights.
Side Pockets
segregated Hedge Fund accounts that are typically intended to separate illiquid investments from liquid ones.
Decorum
a requirement in all PTAB Proceedings. Every party must act with courtesy and Decorum in all proceedings before the Board, including in interactions with other parties. 37 C.F.R. § 42.1(c).
Send-or-Pay
in a transportation agreement, an obligation of a shipper of Hydrocarbons to pay for certain volumes of transportation Capacity on a Pipeline, independent of whether or not the shipper actually uses the Capacity.
Data Breach
a compromise of security that leads to the accidental or unlawful destruction, loss, alteration, unauthorized disclosure of or access to protected Data. Typically the protected Data is Sensitive Personal Data subject to state Data Breach notification laws, or PHI subject to the HIPAA Breach Notification Rule.

