This article gives an outline of the compliance and voluntary carbon markets, the differences between carbon credits and offsets, developments in the exchange-traded markets, as well as recent market initiatives. Its aim to provide a helpful introduction for in house lawyers, compliance professionals and other relevant functions who may be new to these markets.
Mercatis Law Europe is delighted to announce its return to London, and from Monday 21st March 2022 will be taking up residence in its new offices at 1A Middle Temple Lane, Temple, London, EC4Y 9AA. In these turbulent times London remains an important hub for shipping, international trade, finance, insurance and commercial litigation/alternative dispute resolution. As a specialist commodities law […]
The UK has launched its post-Brexit “cap and trade” carbon trading system called the UK Emissions Trading Scheme (UK ETS). This client alert briefly summarises the new policy framework in which the UK ETS will operate, identifies the sectors to which it will apply and considers the trading documentation used to trade UK ETS allowances (UKAs).
In this article we outline some of the key differences between SIAC and LCIA arbitration and some of the factors to consider when selecting your arbitral forum in the context of the energy and commodity trading sector.
It can be challenging for a privately held SME to fund its existing and future business activities. COVID-19 has made matters far more uncertain and difficult, particularly in those sectors hardest hit by the pandemic. This Client Alert explores some of the financing options that may be available to an SME.
The global COVID-19 pandemic and the recent oil price shocks are compounding the issues arising from an already oversupplied LNG market, providing for additional challenges to LNG traders globally. In this client alert we will identify the most common clauses typically found in SPAs to help mitigate challenging market conditions.
In August 2019, we published a Client Alert entitled “Smart Contracts in the Physical Commodity Markets”. This new Client Alert covers recent developments concerning the treatment of smart contracts under English law.
PJ Legal is changing its name to Mercatis Law and has hired Simon Jones from Reed Smith. These developments reflect our strong international growth over the past year. We now advise commodities and energy businesses in Singapore, Europe and the UK.
This Client Alert briefly explains what a duty of good faith is, how it can be incorporated into an English law contract and what constitutes breach. It explains why care should be taken before agreeing to an express duty of good faith and that a better approach is to draft complete contracts rather than rely on ambiguous catch-all provisions.