Insights
Key Elements of the Football Governance Act 2025
Italian Council of Ministers Approves in a Preliminary Review the Legislative Decree Modifying the Consolidated Financial Act
Navigating New Obligations Under the CCPA’s Updated Regulations
Report
One Big Beautiful Bill: Key Business and Investment Impacts
The Act makes permanent many expiring TCJA provisions and changes key features of US tax law applicable to businesses and investments.
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.
B Reorg
a Stock-for-Stock Acquisition treated as a Tax-Free Reorg under Section 368(a)(1)(B) of the US Internal Revenue Code if, among other things, the acquiring corporation exchanges solely its own voting Stock (or voting Stock of its 80 percent Parent) for 80 percent of the combined voting power and 80 percent of the total number of Shares of all Classes of a of a Target corporation’s non-voting Stock
Markman
a pretrial hearing conducted by the district court for the purposes of Claim Construction. The district court hears evidence and arguments about how to interpret key claim language. Also referred to as a Claim Construction hearing.
Delay and Pray
A variation on the predominant means of restructuring in some countries, in which the maturities of debt instruments are extended through out-of-court agreements, without deleveraging of the company or formulation of a business plan and financial projections that would lead to repayment or refinancing of debts; see Amend and Extend and Amend and Pretend.
Maturity Date
generally, in the Startup context, the date on which a Convertible Promissory Note or other Debt outstanding must be repaid in full.
Points to Consider (PTC)
documents issued by the FDA that are not necessarily regulations or guidelines, but represent the thinking of the FDA at a certain point in time. Points to Consider can serve to clarify FDA thinking with regard to different topics such as processes, policies and procedures.
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
UK Regulators Finalise Updates Bank Remuneration Rules
The regulators have tweaked the final rules in places to grant more flexibility to firms.
SEC Staff Issues No-Action Letter for DePIN Token Distributions
The first of what may be a series of crypto no-action letters supports the view that programmatic token distributions serving as network incentives are not securities.
The 2025 US Government Shutdown: Update on IRS Operations
As the shutdown continues, taxpayers should expect longer wait times and ramifications for the 2026 filing season.
FCA Consults on Motor Finance Redress Scheme
The proposed scheme covers three types of arrangements that are presumed to be unfair.
The 2025 US Government Shutdown: What It Means for Federal Litigation
The shutdown’s effect on federal court proceedings is in flux. For now, most litigants should expect business as usual in the nation’s courthouses, at least in private civil matters.
CARB Publishes List of Companies Subject to California Climate Disclosure Laws
The agency simultaneously issued a survey to validate the list.
Navigating the 2025 US Government Shutdown
With the government shutdown in effect, many federal agencies are operating with limited staff, leading to delays in regulatory approvals, permits, and federal contracts.
Treasury Invites Public Input on GENIUS Act Implementation
The request for comment aims to help Treasury devise clear guidelines for stablecoin issuers, promote international coordination, and protect consumers from potential risks.