Beverly's work spans more than 30 years and the full scope of commercial agreements and structured transactions, including crude oil processing and products offtake, crude oil forward sale, terminaling and throughput and joint venture agreements; inventory financing and consignment arrangements and marketing and distribution contracts. She assists trading companies with myriad regulatory, commercial and credit issues arising from the purchase, sale, storage, exchange, financing, marine transportation and processing of oil liquids and renewable fuels. She also advises clients on the commercial aspects of purchasing oil-related assets and businesses.
Beverly's extensive knowledge of trade issues includes the foreign assets control programs applicable to U.S. persons, extraterritorial sanctions laws, antiboycott laws, short supply controls and other export restrictions. She counsels firms regarding transactions and investments that involve the governments, nationals and products of countries subject to trade sanctions and helps them obtain licenses from the U.S. Department of the Treasury to enter into transactions otherwise prohibited or with respect to blocked property. Beverly also advises her clients on federal taxes and fees due on importation of liquid commodities, state motor fuel, sales and use, gross receipts and oil spill taxes.
“Lawyers are not supposed to be obstacles to a deal; instead they should be facilitators. Clients rely on us and our assessment of risks attendant to their transactions. We work with what clients want and our role is to reduce or manage the risk, so that clients can structure, execute and close a deal.”
Represented client in long-term inventory financing arrangement.
Helped client with ethanol tolling and processing arrangement.
Represented Morgan Stanley Capital Group in structured prepayments and financing of crude oil.
Represented Morgan Stanley Capital Group in long-term storage tank lease agreement.
Represented client in negotiating supply agreement.
Helped avoid idling of refining operations at CCB Coryton Refinery inventory.
Represented client in Cypress Crude Oil credit facility arrangements.
Counseled a major energy trader in multitiered deal.
Represented client in offtake arrangements.
Represented oil client in supply arrangements.
Represented client in offtake arrangements.
Represented financial services firm in the acquisition of asphalt refineries and terminals.
Helped client with export finance agreement.
Helped client secure long-term jet fuel supply arrangement.
Represented client in agreement with crude oil terminaling company.
Helped develop refined oil supply and terminaling agreements.
Advised client on various commercial matters concerning alternative fuels.
Advised a client on the availability of the Section 40 credit.
Counseled on crude oil inventory financing.
Helped a refiner with an IRS audit of sales.
Represented oil refiner in federal excise tax matter.
Represented a major financial services client in its acquisition of an energy company.
Helped client evaluate and document risk analysis for oil and alternative fuels agreements.
Advised crude oil suppliers in developing processing agreements.
Represented client in heating oil agreement.
Represented client in structured finance deal with Egyptian General Petroleum Corporation.
Helped U.S. commodities trader with energy tax filings.
Counseled client in crude oil sale and products purchase arrangement.
Advised client on energy trading sanction issues.
Advised client on motor fuels tax dispute.
Advised investment firm on tax matters.
Represented investment banker in equity transaction.
Aided client in developing joint venture.
Counseled client in pipeline-related transaction.
Advised client on tax credits for alternative fuels.
Advised petroleum firms on environmental and excise tax issues.
Represented offshore energy trading firms in various legal matters.
Represented a non-U.S. company in Iraqi crude enforcement proceedings.
Represented trading firms and non-energy companies on sanction prohibitions, anti-boycott laws and the Foreign Corrupt Practices Act.
Represented trading company in crude oil inventory and sales agreements.
Counseled trading companies in inventory repurchase and financing agreements.
Counseled fuel suppliers in developing residual fuel marketing and supply agreements.
Represented jet fuel supplier in long-term supply agreements.
Represented refined products suppliers in long-term arrangements in multiple countries.
Represented client in customs duties, foreign trade and TTB issues.
Advised energy company on state and federal tax and registration issues.
29th European Credit Education Group Conference (June 21-23, 2015)
Sutherland will sponsor the International Energy Credit Association’s 29th European Credit Education Group Conference at The Metropole in Rome, Italy, June 21-23. Partners Mark Aspinall and Beverly ...
In the News
As Nuclear Pact Kicks in, Western Firms Still Face Barriers to Doing Business in Iran (January 18, 2016)
The Wall Street Journal
Partner Beverly Rudy is quoted in an article by The Wall Street Journal regarding the barriers that many Western companies may encounter when doing business in Iran despite the newly implemented ...
Sutherland Represents Freepoint Commodities in Joint Acquisition of St. Croix Oil Storage Terminal (December 2, 2015)
HOUSTON-Sutherland Asbill & Brennan LLP is pleased to announce that the firm represented commodities merchant Freepoint Commodities LLC, in a joint venture with private equity firm ArcLight Capital ...
Member, Taxation Section, American Bar Association
Member, Environment, Energy and Resources Section, American Bar Association
Member, Gulf 2000
Member, International Energy Credit Association
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