Insights
Supreme Court: Highlights and Implications of the 2023-2024 Term
Restructuring Plans and the Price of Dissent
Charging Ahead: Grappling With the Characterisation of Fixed and Floating Charges
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.
Gas War
when network participants try to obtain priority positioning in Blockchain transactions by paying above the network average for Gas on their submitted transaction. Paying more to obtain priority is usually done to gain a fleeting advantage or avoid a steep loss, or to secure an NFT in an in-demand Drop. Gas War is also known as Priority Gas Auction (PGA).
Tagging
the act of classifying documents in Review Software as responsive, not relevant, Privileged, interesting, etc. In the olden days, lawyers physically applied tags to paper documents one by one. They also had to walk three hours uphill in the snow to work each day, both ways.
Grandfathering
the use of a Property that violates current Zoning laws but is permitted as such use predates the enactment of such laws.
Bullet (Maturity)
when the entire principal of a Bond or Term Loan is due and payable on the Maturity Date (i.e., there is little or no Amortization prior to Maturity). Bullet (Maturity) is also known as a Balloon Payment.
Salam
an Islamic finance term meaning a Shari’ah-compliant forward contract (i.e., a forward contract structured to avoid the Gharar or Maisir in a conventional forward contract).
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
FCA Findings on Firms’ Treatment of Politically Exposed Persons
Regulator finds that firms could improve how they conduct anti-money laundering checks when dealing with UK PEPs.
US Supreme Court Curtails Agency Power: Implications for Fintech and Crypto
Recent Supreme Court administrative law rulings change the power dynamic between the executive and the judiciary in critical areas of statutory interpretation, enforcement, and immunity from legal challenge.
UK Court of Appeal Rules NCA’s Refusal to Investigate Cotton Imports From Uyghur Region Unlawful
The ruling propels UK law enforcement to increase its investigative powers under POCA, and businesses to enhance their supply chain due diligence.
China’s Ministry of Finance Publishes Corporate Sustainability Disclosure Standards
The Standards provide a framework for all Chinese companies’ sustainability disclosures and the applicability extends beyond listed companies.
FDIC Expands Resolution Plan Requirements for Banks With Assets of US$50 Billion or More
Insured depository institutions with US$50 billion to less than US$100 billion in average total assets are subject to new resolution reporting standards, with enhanced reporting for those with average total assets of US$100 billion or more.
German Federal Government Lays Foundation for CCS in Germany
The key principles for a Carbon Management Strategy and draft act on the revision of the Carbon Storage Act create new opportunities for investors and project developers.