Insights
State of Distressed Debt: Latham's Sobolewski on Debtors' Playbook
Latham in Focus: Healthcare and Life Sciences — Alternative Deal Structures
Congress Enacts Changes to Outbound Investment Security Program
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.
Infra Petita
literally less than what was sought, but often used to mean that a Tribunal has not considered all of the issues that have been submitted to it. Under some Procedural Laws this can be a ground for challenging the Award.
Journaling
Dear Diary, journaling is ... an archiving solution that allows all messages to be preserved in an external repository. Journaling is used frequently in heavily regulated industries.
Sweat Equity
where a party receives an ownership interest in a business or project in return for non-financial contributions, such as their work or effort (and, by proxy, their blood, sweat and tears). Founder Shares are considered Sweat Equity.
Allogenic
relating to or involving tissues or Cells that are genetically dissimilar and hence immunologically incompatible, even though they come from individuals of the same species.
Air Rights
the legal right to develop the space above a piece of Property, building, or other structure. Air Rights can be transferred separately from the building Lot, so they have significant value for vertical development in urban areas such as New York City.
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
HM Treasury Proposes to Significantly Reduce Scope of UK BMR
Under the proposals, only designated benchmarks or benchmark administrators would be regulated.
OCC Continues to Move Digital Assets Into the Banking System
The OCC affirmed that certain cryptoasset activities are part of, or incidental to, the business of banking and conditionally approved five national trust bank charters for digital asset entities.
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.