Insights
UK Proposes Insurer Resolution Regime
French HATVP Introduces New Lobbying Guidelines
Enforcement of “Interlocking Directorates” Accelerates With DOJ-Announced Resignations and FTC Consent Agreement
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The Latham FPI Guide
Includes the topics that are of most interest to foreign private issuers and their advisors when engaging in US capital markets transactions.
EU Directive on Representative Actions
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.
Par/Par Value
in Bond land, Par Value is the stated value or face value of a Bond. So if a $1,000 Bond is redeemed at Par, it is redeemed for the full $1,000 (plus accrued Interest up to the redemption date). Bonds are said to be redeemed “above Par” or “below Par” if redeemed for more or less (as applicable) than their Par Value. The term is also used in loan world to describe the stated principal amount of a loan.
Immunotherapy
a treatment to stimulate or restore the ability of the immune system to fight infection and disease. The passive immunization of a person by administration of preformed Antibodies actively produced in another individual.
Bleed Off
not just what happens to the oil and gas industry when commodity prices hit rock bottom. The process of slowly Venting fluid from a vessel or system in order to equalize or relieve pressure from the vessel or system, and make the next phase of the operation possible. This process is often used at the end of a high-pressure test / treatment.
Parent
the main document in a Family (typically a cover email). Children are attached to Parents to comprise a single Document Family.
Forum Shopping
the process of selecting the most advantageous forum in which to commence legal proceedings in circumstances in which there is a choice.
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