In the Commodities and International Trade markets IY LEGAL has wide ranging experience in: Biofuels, Derivatives, Freight and Commodity Futures, Swaps and Hedges, OTC trades, Metals, Coal, Ore, Petcoke and Mining, Oil and Gas trading, Power and LNG, Grains and Soft Commodities, Sale of Goods, Storage, Trade and Commodity finance, Forex, Cartels, Anti-dumping, international trade sanctions; Online trading platforms for commodities and financial markets including MTFs and OTFs; and Fintech.
We advise on agreements and deals across most sectors, whether physical or futures contracts, spot sales or long term supply/off-take agreements, including those on standard or customary forms provided by the leading trade associations, SCoTA, LOGIC, EFET, etc, or incorporating Incoterms, as well as assisting with bespoke situations and agreements. Our expertise also covers: trade finance and pre-payment facilities; power purchasing agreements; transportation and carriage terms; FSRU and FLNG projects and JVs. We also advise upon MiFID II, MiFIR and other regulations.
We have extensive experience representing traders in arbitrations, including those under ICC, LCIA, UNCITRAL, LMAA, LME, GAFTA, FOSFA, Sugar Association, Coffee Trade Federation and other popular trade association rules, covering the full range of disputes, involving cargo quality, quantity and specification; rejection; liens and retention of title; delays and demurrage; safe ports; carriage contracts and bills of lading; LOIs; LCs, UCP600 and Guarantees; trade finance instruments, arrangements and issues; ECA financing; standard T&Cs; on and off-shore storage contracts; swaps, hedges, derivatives and options; EU competition regulations, Cartels and Anti-dumping.
IY LEGAL has won the following recent Awards for its Commodities & International Trade work:
Shipping & Trade Firm of the Year in England 2024, 2021, 2020, 2019 (Global Law Experts Annual Awards)
Shipping & Trade Law Firm of the Year in England 2024, 2021, 2020 (Corporate Intl Global Awards)
Shipping & Trade Firm of the Year in England 2018 (Client Choice Corporate Intl Magazine Global Awards)
Boutique Commodities Firm of the Year in England 2017 (Corporate Intl Magazine Global Awards) Corporate Intl Magazine Award.
While he was practising as a solicitor, Andrew Iyer was described by 'The Legal 500' as:
"Sharp, to the point and efficient. [Iyer] responds with electrifying speed and is always contactable."
'Shipping & Trade Firm of the Year in England' 2023
Corporate Intl Magazine Global Awards“Iyer has a deep understanding of international markets and an impressive track record in arbitration and commercial disputes”
From 'Chambers Guide to the Legal Profession' while Andrew Iyer was practising as a solicitorShipping & Trade Firm of the Year in England 2020
Global Law Experts Annual AwardsWinner of the International Law Office 'Client Choice Award for Energy & Natural Resources UK'
While Andrew Iyer was practising as a solicitor“[Iyer] is very cost effective, efficient and proactive - he takes the initiative in speeding up recalcitrant opponent lawyers to the negotiating table”
From the 'International Law Office, Client Choice Guide' while Andew Iyer was practising as a solicitorEnergy & Natural Resources Law Expert of the Year in England 2020
Leaders in Law Global Awards“[Iyer] has the experience to instantly recognise the problems being encountered and the professional expertise to always provide sound, concise and, most importantly, clear legal advice”
From the 'International Law Office, Client Choice Guide' while Andew Iyer was practising as a solicitor'Energy & Natural Resources Firm of the Year in England' 2023
Corporate Intl Magazine Global Awards'Arbitration Advisers of the Year' 2021
Global Business Magazine
“Sharp, to the point and efficient. [Iyer] responds with electrifying speed and is always contactable”
From 'The Legal 500' while Andew Iyer was practising as a solicitor“Andrew Iyer continues to glean high praise from clients”
From 'The Legal 500' while Andrew Iyer was practising as a solicitor“[Iyer is] one of the most experienced energy lawyers that I have come across. His energy practice has a unique offshore flavour which suits our requirements”
From the 'International Law Office, Client Choice Guide' while Andrew Iyer was practising as a solicitor“[Iyer is] an extraordinarily fine lawyer with the full portfolio of skills, from negotiating contracts to claims, disputes and arbitrations - he’s the whole package!”
From 'Chambers Guide to the Legal Profession' while Andrew Iyer was practising as a solicitor'Leading Arbitration Specialist UK' 2022
AI Global Excellence Awards“an extraordinarily fine lawyer with the full portfolio of skills, from negotiating contracts to claims, disputes and arbitrations - he’s the whole package!”
From 'Chambers Guide to the Legal Profession' while Andrew Iyer was practising as a solicitor
