Our representation of energy trading, marketing and financial companies is well regarded and long-standing. We have represented trading and marketing companies since the 1970s and major financial intermediaries, including the New York Mercantile Exchange, since the early 1980s. We provide this client group a broad array of services, including commercial, transactional, regulatory, tax, litigation/dispute resolution and creditors' rights/bankruptcy. Our representation of trading, marketing and financial companies includes advice and counseling regarding:
- Acquisition/disposition of energy assets, including "hard" physical assets and contractual assets;
- Contract documentation for master agreements, physical commodity transactions, including wholesale and retail power and gas, crude oil, jet fuel, fuel oil supply agreements, financial transactions, including swaps, options and other derivatives, and credit support documentation;
- Proceedings before FERC and other federal agencies on rate, policy, tariff, and investigative matters, on behalf of energy commodity market participants and end users;
- Dispute resolution and litigation before federal and state trial and appellate courts involving complex commodity issues, including terminations and liquidations of forward contracts, tolling agreements and swap agreements;
- Bankruptcies involving energy and commodities issues, including the Enron, PCA and PGE National Energy Group bankruptcies;
- General corporate matters;
- State energy transaction taxes and regulatory requirements affecting marketing companies;
- Environmental matters and compliance, including oil spill management and compliance;
- Compliance with U.S. restrictions on international trade and sanctions;
- Import and export authorization for power and natural gas; LNG; and
- Maritime and shipping.
Our lawyers have been at the cutting edge of the development, evolution, and restructuring of the energy markets for over 25 years. Sutherland's work for energy trading, marketing and financial companies has tracked the commodization of the energy markets. As the business has changed, so has our expertise. We know the economics of the industry and the government programs that affect it, and we are positioned to respond effectively and creatively to the legal challenges faced by key participants in the energy markets.
© 2012 Sutherland Asbill & Brennan LLP