Company
commodiLAB Partners LLC is a full-service firm focusing on legal and business consulting services in global commodities and other commercial matters, including principal trading and investments.
Philosophy
commodiLAB Partners is your laboratory of ideas. A laboratory whose approach is innovative, practical, and cost-conscious.
Services
Our 20+ years of deep and direct involvement in commodities markets (energy, agriculture and metals) span all major jurisdictions and participants.
Among our current and former clients are global trading companies (e.g. Louis Dreyfus, Castleton, World Fuel), top Wall Street banks (e.g. Goldman Sachs, CIBC), major investment funds (e.g. Balyasny, Highbridge) and numerous sophisticated counterparties across the entire spectrum of the value chain.
Our services are always tailored to your specific situation, and we deliver those services efficiently, promptly and at a reasonable cost.
If commodities is your area or if you need an experienced commercial counsel for other matters, let us know and we will be glad to assist.
Expertise
We are ambidextrous in both physical delivery and derivatives/financially settled markets, and we are experts in logistics.
We value long-term relationships and, when necessary, can serve as your de facto in-house counsel (often at a fraction of the cost you would pay "on the street").
Beyond that, and in addition to providing broad transactional services, negotiating commercial agreements, and resolving disputes – in commodities and beyond – we are well positioned to be your trusted partner in principal trading matters, including financing, storage and transportation.
Covered commodities
Energy
Agriculture/softs
Electricity
Base metals
Precious metals
Other commodities
Logistics & Transportation
Vessel charterparties
Rail tariffs
Contracts of affreightment
Trucking agreements
Barge agreements
Pipeline tariffs (liquids, natural gas)
Storage contracts
Bills of lading
Import/export
Transloading
Customs and freight forwarding
Terminaling agreements
Quality inspections
Examples of work
Trading agreements
Negotiation of bespoke purchase and sale agreements, in virtually any commodity (established or exotic)
Negotiation of bespoke agreements for delivery, storage, throughput, transportation (vessels, barges, rail, truck, pipeline), financing, transloading, terminaling, extraction, leasing, offtake, intermediation, bills of lading, consignment and many other logistics areas
Industry-specific master agreements to enable physical and derivatives trading (ISDA, NAESB, EFET, EEI, DMA, ScoTA, WSPP, LEAP), as well as commodity-specific trader GTCs (form and customized—i.e. BP Oil, STUSCO, STASCO, Chevron, Trafigura, Vitol, J. Aron, etc.)
Major commodity exchanges
ICE, NordPool, CME, JAO, various US ISOs (ERCOT, PJM, NYISO, MISO, WSPP), London Metal Exchange, and other exchanges worldwide
Regulatory and compliance work
FERC, CFTC, FDA, and various European and Asian regulators
Dispute resolution
Major arbitration forums worldwide (LCIA, AAA, Society of Maritime Arbitrators, SIAC, NFGA, Green Coffee Association) and other key venues and courts in the US, Europe and Asia
Risk, credit and trade finance
Negotiation and placement of irrevocable standby and documentary LCs, bank guaranties, receivables factoring agreements, commitment letters, and other related trade finance instruments; expertise with secured ISDAs, intercreditor agreements, collateralized loans, and lien perfection matters
In-house general counsel work
Broad contract advice, credit and treasury work, vendor management, risk management, corporate governance, M&A, restructuring and Chapter 11, real estate, software and licensing
Direct contact
Lenny A. Budyonny
President
commodiLAB Partners LLC
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