US Patent 9624700 Paddle latch

A paddle latch comprising a housing, a latch member and a bolt; wherein the bolt is mounted for sliding axial movement between a first, deployed, position and a second, retracted, position. The latch member is configured to move the bolt between said first and second positions upon actuation by a user. The paddle latch further comprises an adjustment mechanism. The adjustment mechanism is configured to provide selective adjustment of the deployed position of the bolt with respect to the housing.