Insights
California Cap-and-Trade Reauthorization: What It Means for Market Participants
LathamTECH in Focus: The EU Data Act: A Digital Game-Changer
Navigating the US Outbound Investment Rules: Key Insights and Strategies
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.
Bacteria
microscopic single-celled organisms. Bacteria can be harmful (causing infection) or beneficial (aiding in decomposition or fermentation) depending on the context.
Service Mark
similar to a Trademark, except a Service Mark is a word, phrase, symbol and/or design that distinguishes the source of a service rather than goods.
Green Waste
any waste that can be Composted. Green Waste is mostly composed of refuse from gardening and cooking. It is also known as biological waste.
Junk Bond
another name for a High Yield Bond or Non-Investment Grade Bond. “Junk Bond King” Michael Milken pioneered the use of Junk Bonds for corporate financing and M&A deals, but his novel approach to the interpretation of relevant legal regulations earned him a stint in federal prison and a life-time ban from being involved in the Securities industry.
Loss Payee
the person or persons to whom a property insurance company writes a check for proceeds of a claim. Secured Lenders want to be named a Loss Payee because the damaged or destroyed property is the Collateral securing the Lenders’ loan, so they want to ensure that any proceeds received in respect of such Collateral are used to either purchase replacement Collateral or repay debt.

