Insights
Episode 106 — The FDA’s New Playbook: Biosimilars, National Priority Vouchers, and the Plausible Mechanism Pathway
Sustainability & ESG: Building Value at Scale
Healthcare & Life Sciences: Drug Pricing Digest — Number 61
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.
Bear Hug Letter
an offer letter by an acquiror to buy a Target at a price considerably in excess of the Target’s current share price. Called a Bear Hug because the high price is hard to resist.
Carve-Out Provision
a provision that creates an exception to a more general provision. For example, an act of war may be carved-out of events that constitute a Material Adverse Change.
Fraud Proof
a message alerting Lightweight Nodes (which do not independently validate Blocks and are susceptible to accepting invalid Blocks that Full Nodes identify as valid) that a Block is invalid and should not be added to the Blockchain.
White Knight
in a hostile takeover situation, a friendly bidder who makes a rival bid for the Target in an effort to prevent a hostile bidder from acquiring the Target.
Insurgent
not the Target Company, but the other party in a Proxy Contest
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
Federal Agencies Move to Return the Endangered Species Act to 2019 Interpretation
Proposed rules would reverse Biden-era regulations under the ESA and return to the regulatory framework implemented during the first Trump administration.
OCC and FDIC Withdraw From Leveraged Lending Guidance
Banks subject to the Agencies’ jurisdiction will now be expected to manage leveraged lending using general risk management principles for safe and sound lending.
Privy Council Issues Pivotal Judgment on Misrepresentation
The Credit Suisse judgment has significant implications for claims in deceit.
SEC Staff Issues No-Action Letter for Fuse Crypto Token
The NAL provides incremental clarity for innovators in the digital asset space and reduces legal risk for similarly structured rewards tokens.
Less Tickbox, More Toolbox: 4 Key Takeaways From Latest SFO Guidance on Corporate Compliance Programmes
Internal controls must be tailored, proportionate, and risk-based — not just a “paper exercise.”
Trump Administration Proposes New Rule Defining Waters of the United States
The proposed rule would scale back federal jurisdiction under the Clean Water Act.
The Road Ahead for Fintech Rulemaking
As the fintech landscape evolves, federal banking regulators are taking decisive steps to integrate stablecoins and payments innovations into the traditional banking system.
Federal Reserve Board Finalizes Revisions to Its Supervisory Rating Framework
The FRB will focus on overall safety and soundness rather than single deficiencies, allowing more large financial institutions to qualify as “well managed.”