Insights
Biotechs Turn to Licensing, Collaboration Deals for Capital
Key Takeaways From SEC’s First “Off-Channel Communications” Settlement With Stand-Alone Registered Investment Adviser
Institute Insights Podcast: SEC’s Climate Disclosure Rules
Protect the House: New Criminal Offence Raises Risks Amid Accountability Crackdown
North American Sponsors: How to Successfully Unlock European Capital
Featured Resource
Financial Statement Requirements in US Securities Offerings
Latham’s updated companion guides help US issuers and non-US issuers navigate US securities laws for financial statement requirements.
Energy & Infrastructure — Battery Energy Storage Trends
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.
Passporting
the facility available to Issuers to use one Base Prospectus approved by the competent authority of its home member state for a public offer of its Securities or the admission of its Securities to trading on a Regulated Market of another member state pursuant to the Prospectus Directive.
Domicile
Has legal significance, and generally requires (i) residence and (ii) the intent to remain in the place of residence. In US Bankruptcy, the Domicile of the Debtor is important in determining whether a person is eligible to be a Debtor (Bankruptcy Code Section 109), which exemptions the Debtor may be entitled to (Bankruptcy Code Section 722), and in which venue the Debtor may properly file a Petition (28 U.S.C. § 1408).
Two-Meter Test
a very mobile and inexpensive way to test for geothermal prospects. Probes are inserted into the ground at a two-meter depth to measure the temperature. Over the course of a year, the test will create a temperature gradient that is highly predictive of temperatures at even greater depth.
Mercury
used to describe the rules regarding execution of documents governed by English law arising from the decision in Mercury v. HMRC [2008] EWHC 2721. These can have significant implications for the logistics of Closing. Like the element, Mercury is potentially poisonous.
Naked Short Selling
short selling a Security without first borrowing the Security or ensuring that the Security can be borrowed, as is required under Regulation SHO.