Melville Erdenedalai

Mongolia

Analysis

Overview

Melville Erdenedalai provides legal services related to banking and finance, corporate and M&A, and international arbitrationIts industry strengths are in the energy, mining and infrastructure sectors. The firm’s founders Chris Melville and Erdenedalai Odkhuu frequently lead its key deals and cases. The firm acquired the Mongolian business and assets of Hogan Lovells on 1 December 2017 after its decision to withdraw from the market. It has now entered into an association agreement with Hogan Lovells. 

Client feedback 

“Helpful and responsive. Speaks good English.” – Corporate and M&A 

General business law

Work highlights 

Acted as Mongolian law legal advisers to European Bank for Reconstruction and Development (EBRD) in connection with a long-term dollar-MNT swap facility with Bank of Mongolia. This is one of very few derivatives transactions entered into in the Mongolian market under the ISDA contractual framework. 

Advising Talon Petroleum, an ASX-listed oil and gas explorer on farm-in arrangements with Telmen Resource JSC in respect of a 33% interest in the proposed Gurvantes XXXV Production Sharing Agreement, located onshore in Mongolia. This transaction will represent a high-profile investment into the Mongolian methane gas sector and will be important for investor confidence in the country. 

Advised the Ministry of Finance of Mongolia on Mongolian law aspects of its exchange offer and new issuance of $600 million sovereign bonds, called Nomad’. 

Key clients 

Progress Rail Locomotives