Insights
Eighth Circuit Vacates FTC’s Click-to-Cancel Rule Days Before Compliance Deadline
LathamTECH in Focus: Navigating National Security: The Impact of FDI Reviews on Tech M&A
One Big Beautiful Bill: New Law Disrupts Clean Energy Investment
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.
Decentralized Application
a digital program that runs on a P2P network of computers and utilizes Smart Contracts to access a Blockchain network and enforce each term of agreement between two parties.
Metadata
a description of the properties of a File. Some of the most common Metadata fields describe the Date Created, Date Last Modified, date last accessed, and who authored the document. Parties typically negotiate exchanging certain Metadata fields prior to a document review and Production. Basically, Metadata is a set of data that gives you data about your data.
Money Market
the global financial market for short-term borrowing and lending. Short-term paper such as Treasury Bills and Commercial Paper are bought and sold in the Money Market.
Contiguity
when two parcels of land are connected to each other, without a gap. Contiguity is critical when assembling property interests to create a project site or a route for pipelines and T-Lines. Imagine a T-Line with a foot of conductor missing somewhere — those electrons cannot be trained to jump. If needed, Title Insurance Policies can include an Endorsement insuring Contiguity.
363 Sale
named after a section of the Bankruptcy Code, an auction-like procedure for a bankrupt entity to sell assets, subject to the judge’s approval. Often there is a stalking horse bidder that has already arranged to purchase the assets. If the stalking horse bidder is outbid (which does happen), the stalking horse bidder gets a breakup fee for its trouble.