LEGAL SUPPORT AND CONTRACT NEGOTIATION //
Our consultants draw on vast legal experience and provide a range of legal services tailored to suit the needs of each client.
We offer:
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Preparation of negotiation packages and standard master agreement templates for counterparties, including manuals for election sheets/schedules, appendices and annexes. We advise on the following spectrum of industry documentation:
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European Federation of Energy Traders ("EFET") General Agreements for Electricity and Gas.
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International Swaps and Derivatives Association ("ISDA") Master Agreements.
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Cross Product Master Agreements ("CPMA").
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EFET Master Netting Agreements ("MNA").
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Grid Trade Master Agreements ("GTMA").
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Levy Exemption Certificates Agreements ("LECs").
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General Agreement to RECs Certificate and/or Guarantee of Origin Transactions ("RECs").
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Analysis of deal flow and documentation guidelines; analysis of contractual enforcement in EU countries.
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Legal assistance for energy OTC business and support for different products, due diligence and compliance verification services.
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Analysis of legal risks pertaining to clearing rules:
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ISDA and EFET Documentation Implications of EMIR Compliance including credit support provisions, clearing issues, key elections, coverage of clearing relationships, confidentiality waivers relating to EMIR's reporting and record keeping obligations.
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Assistance with licensing requirements and procedural steps relating to wholesale trading operations and registration, according to national law.
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Advice on contractual arrangements, for example with trading platforms, hub operators, TSOs and brokers.