Insights
AI Act Update: EU Resolves to Change Rules and Extend Deadlines
Drug Pricing and Market Access: CMS Update With Rujul Desai
Financial Regulation: May 2026 Edition
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.
Feeder Fund
a Hedge Fund that feeds money into a Master-Feeder Fund, which in turn makes the investments on behalf of the entire group of Feeder Funds. See Master-Feeder Fund.
Pendency
the period when the PTAB Proceeding is ongoing. PTAB Proceedings are normally pending for no more than one year after Institution. This can be extended by up to six months for good cause or adjusted by the PTAB in the case of Joinder. 37 C.F.R. § 42.200(c).
Ethane
a gaseous hydrocarbon chain consisting of two carbon atoms. Ethane is often a component of unrefined Natural Gas. Ethane is considered to be Dry Gas and is sometimes colloquially referred to as “C2.”
Somatic Cell
any Cell of the body other than reproductive Cells.
Pari Passu
If your Latin is a little rusty, this means “on equal footing” or equality of treatment, e.g., in a right of payment. In Startups, Pari Passu typically describes classes of Preferred Stock that have the same rights (as set forth in a company’s Charter).

