Investigations, Enforcement & Disputes

Turner Commodities Law, PLLC assists clients in responding to investigations, enforcement inquiries, and disputes arising out of trading, asset management, and structured transactions. The focus is on understanding the commercial context, the governing documents, and the practical impacts on trading, liquidity, and reputation.

Regulatory & Enforcement Matters

• Responding to inquiries and investigations by energy and commodities regulators and market monitors.
• Assessing trading patterns, documentation, and communications in connection with market conduct reviews.
• Coordinating with internal legal, compliance, and risk teams to develop coherent response strategies.
• Advising on remedial measures, policy updates, and training tied to investigation outcomes.

Internal Reviews & Risk Assessments

• Internal investigations into trading, risk management, credit, or collateral issues.
• Review of deal structures, approvals, and risk governance for complex or distressed positions.
• Assessments of documentation, valuation, and close-out methodologies for trading portfolios.
• Support for board, risk committee, and senior management briefings.

Contract & Trading Disputes

• Disputes related to master trading agreements, confirmations, and bespoke structured transactions.
• Issues involving force majeure, events of default, termination rights, and close-out calculations.
• Allocation of losses, gains, and collateral across counterparties and related entities.
• Support for litigation and arbitration teams, including contract analysis and expert-style input on market practice.

Bankruptcy & Distress Situations

• Advising on the treatment of master agreements, structured transactions, and collateral in bankruptcy.
• Analysis of safe harbor provisions, close-out rights, and setoff/netting positions.
• Coordination with restructuring and bankruptcy counsel on trading and risk-related issues.
• Valuation, unwind, and restructuring of positions in distressed counterparties or assets.

Across investigations, enforcement, and disputes, the emphasis is on delivering clear, practical options that integrate legal, commercial, credit, and reputational considerations.