is a full-service firm providing best-in-class legal and business consulting services in global commodities and other commercial matters, including principal trading and investments.
commodiLAB Partners
is a full-service firm providing best-in-class legal and business consulting services in global commodities and other commercial matters, including principal trading and investments.
Our philosophy is your laboratory of ideas.
A laboratory whose approach is innovative, practical, and cost-conscious.
Expertise

Over 20 years on the market
Our 20+ years of deep and direct involvement in commodities markets

Energy, agriculture and metals
markets (energy, agriculture and metals) span all major jurisdictions and participants.

Global trading companies
Among our current and former clients are global trading companies e.g. Louis Dreyfus, Castleton, World Fuel

Top Wall Street banks
Among our current and former clients are global trading companies e.g. Louis Dreyfus, Castleton, World Fuel

Major investment funds
major investment funds (e.g. Balyasny, Highbridge) and numerous sophisticated counterparties across the entire spectrum of the value chain.

Worldwide jurisdictions
markets (energy, agriculture and metals) span all major jurisdictions and participants.
We will be glad to assist if commodities is your area or if you need an experienced commercial counsel for other matters
42
commodiLAB Partners
is a full-service firm providing best-in-class legal and business consulting services in global commodities and other commercial matters, including principal trading and investments.
Our philosophy is your laboratory of ideas.
A laboratory whose approach is innovative, practical, and cost-conscious.

Over 20 years on the market
Our 20+ years of deep and direct involvement in commodities markets

Energy, agriculture and metals
markets (energy, agriculture and metals) span all major jurisdictions and participants.

Global trading companies
Among our current and former clients are global trading companies e.g. Louis Dreyfus, Castleton, World Fuel

Top Wall Street banks
Among our current and former clients are global trading companies e.g. Louis Dreyfus, Castleton, World Fuel

Major investment funds
major investment funds (e.g. Balyasny, Highbridge) and numerous sophisticated counterparties across the entire spectrum of the value chain.

Worldwide jurisdictions
markets (energy, agriculture and metals) span all major jurisdictions and participants.
We will be glad to assist if commodities is your area or if you need an experienced commercial counsel for other matters
Services

Physical delivery and derivatives
We are ambidextrous in both physical delivery and derivatives/financially settled markets, and we are experts in logistics.

Quick look consulting
We are ambidextrous in both physical delivery and derivatives/financially settled markets, and we are experts in logistics.

Long-term relationships
Among our current and former clients are global trading companies e.g. Louis Dreyfus, Castleton, World Fuel

de facto in-house counsel
Among our current and former clients are global trading companies e.g. Louis Dreyfus, Castleton, World Fuel
Our services are always tailored to your specific situation, and we deliver those services efficiently, promptly and at a reasonable cost.
commodities

Physical delivery and derivatives
We are ambidextrous in both physical delivery and derivatives/financially settled markets, and we are experts in logistics.

Quick look consulting
We are ambidextrous in both physical delivery and derivatives/financially settled markets, and we are experts in logistics.

Long-term relationships
Among our current and former clients are global trading companies e.g. Louis Dreyfus, Castleton, World Fuel

de facto in-house counsel
Among our current and former clients are global trading companies e.g. Louis Dreyfus, Castleton, World Fuel
Our services are always tailored to your specific situation, and we deliver those services efficiently, promptly and at a reasonable cost.
Covered commodities

Energy
Crude oil
Natural gas
Diesel/biodiesel
Jet fuel
Gasoline
LNG
NGLs
Ethanol
Marine fuels/bunkers
Coal

Agriculture/softs
Crude oil
Natural gas
Diesel/biodiesel
Jet fuel
Gasoline
LNG
NGLs
Ethanol
Marine fuels/bunkers
Coal

Crude oil
Natural gas
Diesel/biodiesel
Jet fuel
Gasoline
LNG
NGLs
Ethanol
Marine fuels/bunkers
Coal

Crude oil
Natural gas
Diesel/biodiesel
Jet fuel
Gasoline
LNG
NGLs
Ethanol
Marine fuels/bunkers
Coal

Crude oil
Natural gas
Diesel/biodiesel
Jet fuel
Gasoline
LNG
NGLs
Ethanol
Marine fuels/bunkers
Coal

Crude oil
Natural gas
Diesel/biodiesel
Jet fuel
Gasoline
LNG
NGLs
Ethanol
Marine fuels/bunkers
Coal

Energy
We are ambidextrous in both physical delivery and derivatives/financially settled markets, and we are experts in logistics.

Quick look consulting
We are ambidextrous in both physical delivery and derivatives/financially settled markets, and we are experts in logistics.

Long-term relationships
Among our current and former clients are global trading companies e.g. Louis Dreyfus, Castleton, World Fuel

de facto in-house counsel
Among our current and former clients are global trading companies e.g. Louis Dreyfus, Castleton, World Fuel
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
Expert witness services
Bespoke, aggressive advocacy or independent expertise in many contentious and bet-the-company trials and arbitration proceedings before the LCIA, ICC and other major international forums
Trading agreements
Negotiation and deployment of customized or standard purchase and sale agreements,
tailored to any commodity (established or exotic) in any jurisdiction.
Negotiation, implementation and enforcement of key 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
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
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
© 2025. commodiLAB Partners LLC. All rights reserved.
