OUR CLIENTS
The firm is proud to represent major financial and corporate players, both local and foreign, in sophisticated transactions in Mongolia and overseas. The following is a representative list of our clients.
Financial Institutions
Bank of China
Blue Orchard Finance
Canadian Imperial Bank of Commerce
China Development Bank
Credit Suisse (Hong Kong) Limited
Citibank
The Export-Import Bank of China
Export-Import Bank of Korea
International Investment Bank
Korea Exchange Bank
Macquarie Bank
Mongol Daatgal LLC (the Mongolian national insurance company)
Morgan Stanley Asia Limited
Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V. (FMO)
Savings Bank of Mongolia
Société Générale
Visa International Corporation (USA)
World Bank
Corporate Clients
Adamas Mining LLC Alloy Steel International Ltd
Asia Pacific Breweries Limited
Avon Beauty Products
Boldtumur Eruu Gol LLC
Black Morgan Inc. LLC
Camex’a Pte Ltd
CGGC Mongolia LLC
CBS Television
CPS International
GEOX S.p.A
Daewoo Securities (Hong Kong) Limited
Genie Oil and Gas Inc.
Gotland Oilfields Ltd
Herbalife International Inc
H.S. Securities Co., Ltd
HUNNU Coal Limited
Korea Southern Power Ltd
LG International Corporation
Mining Tech Invest Pte Ltd
Mitsui & Co., Ltd
Mongolian Securities Stock Holding Company
Nuclear Energy Mongolia LLC
ORIX Corporation
Philip Morris International Ltd
Prophecy Coal Corp.
Runge Limited
Samsung C&T Corporation
Song Do Medical Center
SRK Consulting Ltd
Xanadu Mines Ltd
Institutional Clients
Mongolian European Business Council
Mongolian Innovators Association
Mongolian Bible Association
Focus on Children (USA)
Save the Children Japan
Joyful Care Charitable Foundation
World Vision International Mongolia
- The Korea Exchange Bank and the Export-Import Bank of Korea in the collection of a US$ 7.4 million letter of credit receivable from one of the largest Mongolian banks;
- Gazprombank in enforcing a pledge agreement through court proceedings;
- LG International Corporation of Korea in the collection of a US$32 million letter of credit receivable;
- Mongol Daatgal LLC (the largest Mongolian insurance company) in litigation relating to a tender offer;
- Various individuals and mining companies in administrative cases against the Mineral Resources Authority of Mongolia;
- Ingosstrakh Insurance Company of Russia in pursuing claims against the Mongolian Reinsurance Company;
- International Finance Corporation in court proceedings concerning asset recovery and the enforcement of a loan agreement;
- Cosmo Tobacco LLC in arbitration proceedings concerning an investment dispute with Korean investors;
- A foreign financial institution in the recovery of outstanding debts from a Mongolian bank through foreign court proceedings;
- A foreign client in an international arbitration case against a Mongolian company;
- A Toronto SE listed company in suing a Mongolian company to enforce an option agreement to claim ownership of a Mongolian based exploration JV Company.
- The Export – Import Bank of China, China Development Bank, and Macquarie Bank in perfecting security interests in accordance with Mongolian laws;
- Bank of China in setting up a representative office in Mongolia;
- Visa International in drafting a program security agreement with a Mongolian commercial bank and Citibank and JPMorgan Chase with the implementation of a special credit card program;
- Credit Suisse International in swap arrangements with the Central Bank of Mongolia;
- The Securities Market Assessment Project of the European Bank of Reconstruction and Development in various matters;
- CPSI International in drafting a loan agreement and security arrangements with Tree Global Mongolia;
- International Investment Bank, China Development Bank, and other foreign banks in loan transactions with Mongolian commercial banks;
- United Overseas Bank Limited (a Singaporean multinational banking organisation) in the registration of mortgage documents with the Mongolian Ship Registry;
- Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V., a Dutch bank, in subordinated Tier 2 and senior syndicated credit facilities for a Mongolian bank;
- Gazprombank, Korea Exchange Bank, and the Export-Import Bank of Korea in enforcing various contracts and recovering debts in Mongolia through court litigation.
- Asia Pacific Breweries Limited in a joint venture establishment with a Mongolian partner and its acquisition of an equity stake in Mongolia’s largest joint stock company
- Russian Railways in joint venture arrangements with the Mongolian Government and its railway business operations in Mongolia
- Just Group LLC in an acquisition and debt restructuring relating to the Olon Ovoot gold mine
- Savings Bank of Mongolia in the acquisition of Mongol Post Bank of Mongolia
- Daewoo Securities (Hong Kong) Limited for its acquisition of an equity stake in a Mongolian brokerage and dealer company
- Coca-Cola Company in due diligence matters and a lending transaction with its Mongolian bottler
- ORIX in the establishment of a copper smelting plant in Mongolia and other investments
- Song Do Hospital (a South Korean hospital) in establishing a modern hospital and diagnostic center in Mongolia
- A Mongolian company in distribution arrangements for the world-famous brands LLumar® and Mul-T-Lock®
- Philip Morris Kazakhstan Ltd in all of its legal matters in Mongolia
- Runge Limited and SRK Consulting in establishing a local Mongolian office
- SouthGobi Sands LLC in relation to its whole business operations in Mongolia
- Credit Suisse (Hong Kong) Limited and Morgan Stanley Asia as underwriters for the IPO of a Mongolian mining company on the HKSE
- Australian Xanadu Mines Ltd in its IPO on the ASX and Central Asia Mineral Exploration LLC and Mongolia Investment Group Limited in their IPOs on the HKSE
- China Mining Resource Limited in relation to its acquisition of an interest in a Mongolian mining company, conducting legal due diligence, and advising on the structuring of its operations
- Mitsui & Co. Ltd in relation to its trading business in the mining industry in Mongolia and Mongolian law matters
- Aluminum Corporation of China Limited (Chalco) in relation its coal off-take agreement with Erdenes Tavan Tolgoi JSC
- Genie Oil & Gas Inc., in relation its bid for an interest in the production sharing agreement with the Mongolian government and the structuring, and development of its business in Mongolia
- Samsung C&T and Korea Southern Power Corporation in their bid for an interest in the combined heat and power plant with a capacity of 587 MWt concession arrangement
- CH2M Hills, a leading full-service engineering, construction, and operations company, on Mongolian law matters in its bid for an interest in an EPC contract for construction of a power plant for the Oyu Tolgoi project
- China Yantze Power Co., Ltd on the energy legal framework of Mongolia, including corporate structuring, licensing, energy regulatory, exporting and importing, construction, and setting up energy facilities, for concessions in the energy and power transmitting fields
- Inter RAO UES, one of the largest Russian energy companies, in drafting a power sales agreement, a heat sales agreement, and a coal off-take agreement
- Olon Ovoot LLC on the establishment of a power sub-plant in Umnugobi province
- Various other foreign investors conducting legal due diligence, providing legal opinions, advising, and assisting on their project financings
- Coca-Cola Company and Red Bull in a trademark infringement case
- Mongol Daatgal LLC in a name dispute with Mongolian Insurance Group LLC
- Philip Morris International, Spirit Product International Company, and Herbalife in a range of IP matters in Mongolia
- Various companies such as HIS (a Japanese company) in trademark and patent registration matters
- Mongolian Airlines Group LLC in defending its trademark and company name rights through court proceedings
- Savings Bank in relation to its tax structuring
- Various Mongolian and foreign invested companies in tax related disputes with the Mongolian Tax authorities
- Various investors in tax planning and double taxation matters.
- New Yarmag Housing Project in relation to a 4,000 housing project development, including project financing and investment matters
- Middle Asia Cement Company Limited (Luks Group Limited) in due diligence matters relating to the acquisition of one of the biggest real estate companies in Mongolia
- Billion Famous Investment Limited (a Hong Kong-based Dutch company) in relation to an agreement with the Mongolian Government to build 10,000 apartments in Ulaanbaatar, the Mongolian capital
- Korean, Chinese, Malaysian, and Hong Kong investors in the development of a high-end apartment complex in Mongolia
- Various Government agencies and private developers in implementing a Government program for the development of a 100,000-unit housing project