Abstract: This invention relates to a latch for selectively binding lower and upper portions of a container. The latch includes a base having a front face, a rear face, a connected end, and a selectively engageable binding end. The rear face further includes an upward hook, a downward hook, and a binding tooth. The latch is characterized in that the upward hook and the downward hook are configured to engage the lower portion of the container and permit both axial and pivotal movement of latch. The axial movement is between an upward position and a low profile position The pivotal movement is about the connected end such that binding end can move between a disengaged and an engaged position.