Abstract: A latch having a multiple function prevailing-torque mechanism which facilitates engagement and disengagement of the drawbolt and the strike of the latch and provides a simplified construction enabling ease of assembly and adjustment, with the prevailing-torque mechanism serving to retain the component parts in assembled arrangement and in appropriate adjustment. A further latch arrangement includes a positive lock which serves to retain the actuating lever of the latch in a stowed or latched location.