Insights
LathamTECH in Focus: Trade Secrets — Goldmine or Landmine?
First Circuit Reins In Broad Theory of Liability Under Anti-Kickback Statute by Adopting “But-For Causation” Standard
FDIC Conducts Regulatory Review and Purge
Report
Litigation 2024 Year in Review and 2025 Outlook
A view of the landscape in Europe and the UK.
LathamTECH 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.
Bank Book
shorthand for the Confidential Information Memorandum (or CIM) used to Syndicate the bank loans.
Custodian
the person or entity in charge of the record or control of an ESI File. Sometimes, but not always, a Custodian is the author of the document. Other times they are a much-loved elementary school staff member.
High Splits
when the holder of the Incentive Distribution Rights (often the General Partner) is receiving distributions at the highest marginal percentage (typically 48 percent, exclusive of the General Partner Interest), it is sometimes said that the holder is “in the high splits.” See Incentive Distribution Rights.
Abstract
a document showing the Encumbrances and Liens associated with a certain Property. The Abstract includes the names of all the Property owners and documents that affect the Property, such as Mortgages, Deeds, Covenants, restrictions, Property taxes, and the like.
R-squared
a measure of how a Hedge Fund's returns are correlated compared to the broader market. Zero (0) indicates no correlation; one (1) indicates perfect correlation; minus-1 indicates a perfect inverse correlation.
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
Week 7 in Review: Rollbacks, Rescissions, and Reserves
The administration continues to advance its agenda via executive orders amid confusion around rollbacks and rescissions.
Competing Stablecoin Bills Reflect Consensus and Divergence on Key Issues
Stablecoin regulation is a top priority for lawmakers, and three recent proposals reflect differing perspectives on how to achieve regulatory clarity while balancing safety and innovation.
Omnibus Package Released: EU Commission Proposes Amendments to Sustainability Obligations
The Commission’s proposal seeks to reshape EU Sustainability requirements by amending CSRD, CSDDD, EU Taxonomy, and CBAM.
Week 6 in Review: Tracking Moves on Healthcare, National Security, Government Contracts, and DEI
The administration also turned its focus to copper imports, bird flu, and a proposed new path to American citizenship.
FCA Updates on Growth and the Consumer Duty
Speech focuses on the regulatory change agenda, and confirms that firms are no longer expected to have a Consumer Duty board champion.
Court Dismisses Portions of Lawsuit Against California Climate Disclosure Laws
Supremacy Clause and Dormant Commerce Clause claims against SB 253 and SB 261 were dismissed, while claims under the First Amendment proceed to discovery.
SEC Withdraws Appeal of Court Decision to Vacate Its Dealer Rules
The SEC’s move is part of a recent shift toward a less enforcement-centric approach that is set to reshape the regulatory framework for digital assets in the US.
Environmental Groups, Biofuel Trade Association Challenge Amendments to the California Low Carbon Fuel Standard
Stakeholders should anticipate potential delays and market impacts amid the ongoing legal challenges and the Office of Administrative Law’s recent disapproval.