Paris—Dentons advised the European Federation of Energy Traders (EFET) and issued for the benefit of the EFET members the French law legal opinions regarding enforceability of certain provisions of the EFET General Agreements concerning the delivery and acceptance of electricity and natural gas.

The Capital Markets team of Dentons Paris advised in particular on the close-out netting, the validity, the enforceability and the collateral arrangements of the EFET General Agreements.

EFET promotes competition, transparency and open access in the European energy sectors. EFET Agreements are used to document transactions between parties in different jurisdictions for the delivery and acceptance of electricity and gas.

EFET has commissioned legal opinions on the enforceability of the EFET General Agreements and collateral arrangements in various jurisdictions.

For this transaction, the Capital Markets team of Dentons Paris assisted the European Federation of Energy Traders, with a team including Julien Bacus, Partner, Charles Tissier, Senior Associate and Maximilien Plaisant, Associate.

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