Insights
Activist Investing Today: Latham's Drewry, Dubofsky on Rising M&A Activism, Exxon Robo-Voting
Lexology In-Depth: Acquisition and Leveraged Finance 12th Edition
FDA Moves to Streamline Approach to Biosimilars
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.
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.
‘33 Act
another name for the Securities Act
Cash-and-Carry
a term that refers to purchasing a cash instrument and holding it for a period of time.
Anticipation
a Ground of Unpatentability or ground for rejecting a patent claim based on the prior invention or disclosure of the claimed invention by another, or the inventor’s own disclosure of the claimed invention by publication, Prior Sale or Prior Use. See 35 U.S.C. § 102(b). Anticipation requires that all claim elements appear in a single prior art reference.
Anticipation also means a lack of Novelty.
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
FCA Consults on Changes to the UK Short Selling Regime
Changes largely focus on streamlining administrative requirements to reduce the regulatory burden.
The 2025 US Government Shutdown: Impact on Court Operations
Federal funding lapse could slow filings and hearings as US courts shift schedules and staffing.
US Banking Regulators Propose to Refocus Supervision on Material Risks and Eliminate Use of Reputation Risk
The proposals align with Trump administration policy by emphasizing supervision of material and quantifiable financial risks.
New York Establishes CERCLA-Like Liability for Inactive Hazardous Waste Disposal Sites
New statute allows the government to recover costs and natural resource damages from a broad set of PRPs.
UK Regulators Finalise Updates Bank Remuneration Rules
The regulators have tweaked the final rules in places to grant more flexibility to firms.
SEC Staff Issues No-Action Letter for DePIN Token Distributions
The first of what may be a series of crypto no-action letters supports the view that programmatic token distributions serving as network incentives are not securities.
The 2025 US Government Shutdown: Update on IRS Operations
As the shutdown continues, taxpayers should expect longer wait times and ramifications for the 2026 filing season.
FCA Consults on Motor Finance Redress Scheme
The proposed scheme covers three types of arrangements that are presumed to be unfair.