Insights
IPO Market Gears Up for Late-Year Surge in New Listings
FDA Publishes Complete Response Letters for Unapproved Drug Applications
Healthcare & Life Sciences: Drug Pricing Digest — Number 54
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.
Item 10
shorthand for Item 10 of Regulation S-K, which imposes additional disclosure requirements and restrictions when a non-GAAP financial measure is included in certain formal SEC filings. See also Regulation G.
“X” Clause
An exception to the general Subordination scheme in an Indenture. It allows a junior noteholder to retain shares or obtain new shares of a reorganised company under a Plan of Reorganisation that provides senior noteholders with payment in full or securities that are senior to those received by the junior noteholders.
Accretive
an acquisition is “accretive” if it is expected to increase Distributable Cash Flow per Unit either immediately or over time after taking into account the cost of the acquisition
Payment Token
a Token that operates like a store of value or medium of exchange to enable the purchase and sale of goods or services, or to facilitate other transactions, in a similar manner to Fiat.
Plain Meaning
the Ordinary and Customary Meaning given to a term by those of ordinary skill in the art at the time of the invention.
In each episode of Connected With Latham, we discuss ideas, developments, and trends shaping the global economy.
FDIC Issues Proposal on Signage and Advertising Requirements
The FDIC seeks to avoid overburdening financial services providers with regulations regarding its logo after assessing market feedback and implementation issues.
What Lies Ahead for Advanced Plastics Recycling Industry After EPA Withdrawal of Proposed TSCA SNURs?
The proposed rules would have triggered EPA risk reviews and restrictions on the industry.
SEC Staff Clarifies That Liquid Staking Activities Do Not Implicate US Federal Securities Laws
The Staff provides the market with additional crypto clarity, holding that liquid staking does not qualify as a security under the Howey test.
UK Supreme Court Hands Down Combined Judgment Affecting Consumer Finance Sector
The judgment brings clarity regarding the fiduciary duty and unfair relationships. The consumer finance sector now awaits the FCA’s plans for a new redress scheme covering commission arrangements.
The End of the “Shareholder Rule” Exception to Legal Advice Privilege
Landmark decision means companies can assert legal advice privilege against their shareholders in litigation before the English courts.
The CLARITY Act, Treasury Companies, and the (Digital) Commodity Pool
Considerations on the proposed expansion of CFTC commodity pool regulation.
A “Golden Age” of Data Center Dominance
A new executive order seeks to streamline funding for and construction of data center projects by reducing regulatory red tape.
UK Adequacy Holds Firm Under New Data (Use and Access) Act 2025
The DUAA introduces several reforms to UK data protection law, but their implications are relatively limited in practice.