Company
commodiLAB Partners LLC 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.
In addition, commodiLAB is a trader of physical commodities, specializing in fertilizers, refined fuels, and certain ags. We also take physical positions in precious metals and critical industrial metals.
Trading & advisory expertise
Among our current and former trading counterparties, clients and industry partners are global commodity trading houses and merchants (e.g. Cargill, Bunge, Louis Dreyfus, Castleton, World Fuel, Hartree, Bergen Energi), top Wall Street banks (e.g. Goldman Sachs, CIBC), major investment and hedge funds (e.g. D.E. Shaw, 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.
Services provided
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 performing broad transactional services, negotiating commercial agreements, providing expert witness services, and resolving disputes – in commodities and beyond – we are 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
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
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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