Services

Turner Commodities Law, PLLC provides targeted legal and strategic support to energy and commodities market participants. The firm is designed to function as an experienced, senior-level resource that can plug into trading, risk, treasury, and executive teams as needed.

Trading & Commercial Support

• Day-to-day support for physical and financial trading desks in power, gas, LNG, NGLs, crude, refined products, and renewables.
• structuring, drafting, and negotiation of asset management agreements.
• Review and negotiation of confirmations, long-form deals, and structured transactions.
• Develop a wide range of corporate documentation for forming, operatng, amd dissolving your business and for meeting the ongoing corporate niceties ofthe business.
• Portfolio-wide assessment of documentation, collateral, and risk allocation.
• Practical guidance on market conduct, risk limits, and governance in trading operations.

Master Agreements & Documentation

• Preparation and negotiation of ISDA, EEI, NAESB, and other industry-standard master trading agreements.
• Development of bespoke master frameworks for complex or non-standard products.
• Schedule and annex negotiations that reflect credit, collateral, tax, and regulatory objectives.
• Documentation playbooks and fallback approaches for use by internal legal and commercial teams.

Credit, Collateral & Risk Governance

• Design and documentation of credit support, margining, and collateral structures across trading relationships.
• Integration of trading, treasury, and corporate liquidity considerations into collateral and netting terms.
• Policies and procedures for margin calls, stress testing, and risk escalation.
• Training and guidance for commercial, risk, and back-office teams on documentation and risk provisions.

Corporate & Strategic Transactions

• Legal support for acquisitions, divestitures, and joint ventures involving trading businesses and energy assets.
• Assessment of trading books, contracts, and risk positions in M&A and financing transactions.
• Structuring and documenting commodity-linked finance and prepay arrangements.
• Coordination with in-house and external counsel on corporate, tax, and regulatory workstreams.

Energy Transition & ESG-Driven Structures

• Virtual power purchase agreements (VPPAs) and other renewable power structures for corporates and load-serving entities.
• Transactions involving renewable energy certificates and other environmental attributes.
• Development of transition-focused trading and risk-management products.
• Advising on the intersection of commercial strategy, regulatory expectations, and ESG objectives.