Insights
Latham in Focus: Healthcare & Life Sciences Competition Considerations
Redressing the Balance of Power in Restructuring Plans: Petrofac in the Court of Appeal
European Commission Consults on CBAM Extension and Announces Plans to Protect EU Exporters
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.
Early Bird Fee
from the common phrase "the early bird catches the worm" and used to signify a payment or fee made to those quick off the mark. For example, in the context of an amendment, the Issuer/Borrower could structure the fees offered such that any Lender or Bondholder who agrees to the amendment within a short period of time following the Borrower's or Issuer's request receives an additional fee compared to Lenders or Bondholders accepting later.
Redemption Rights
the right to Redemption held by certain Stockholders as set forth in a corporation’s Charter. This right is often negotiated for in connection with a Preferred Stock Financing, but is becoming less common of late (and is rarely seen in West Coast VC Financings).
Orange List
non-exhaustive enumeration of specific circumstances that may give rise to doubts about an Arbitrator’s Impartiality or Independence in the IBA Guidelines on Conflicts of Interest in International Arbitration.
Jantzi Social Index / JSI
a socially screened, market capitalization-weighted index of 50 Canadian companies that satisfy a broad set of ESG criteria. Launched in 2000, the JSI assesses how some Canadian companies engage with the local community, maintain Corporate Governance, manage employee relations, affect the surrounding environment, and impact human rights.
Key Money
a payment made to a building owner, manager, or landlord by a potential tenant or Property Manager in an attempt to secure a desired Tenancy or Property Management Agreement Key Money is typically used to improve the real Property at issue.