Insights
Decoding the Exchange Act ABS Definition: A Practical Guide to Classifying Structured Finance Transactions
Federal Court Partially Upholds Illinois Law Limiting Interchange Fees
California Adopts Uniform Antitrust Premerger Notification Regime
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.
Dematerialization
a term used in economics to describe the absolute or relative reduction of materials needed to support economic functions in society.
Riparian Right
the right belonging to landowners to use water that flows naturally either on or adjacent to their Property.
Mainnet
the operating copy of a Blockchain that effectuates the purpose of such Blockchain. For example, the Bitcoin Mainnet operates to transfer Bitcoin from one public address to another.
In contrast, see Testnet.
Debenture
a Bond with a maturity longer than 10 years. Bonds with a maturity of 10 years or less are usually called Notes.
Clawback
when a bankruptcy court requires a creditor to return assets or payments that are determined to be Preferential Transfers or Fraudulent Transfers. Clawback actions are always highly fact-specific and may involve a range of potential defenses, even if the statutory elements for a prima facie claim are met.

