Mongolia

asialaw Analysis

General business law
KhanLex Partners

Operating under its motto Local Knowledge to Global Players, KhanLex Partners is one of Mongolia’s premier law firms, with strong expertise in finance, infrastructure, general commercial and corporate law, and dispute resolution. The firm has advised on many of Mongolia’s landmark deals over the past decade. An innovator in law practice, the firm is now developing its expertise in the area of climate finance in Mongolia. Key figures include partner and chief executive Uchralbayar Iderkhangai, Batjargal Gombosuren and Namuun Odkhuu. 


Work highlights  

Advised the largest commercial bank of Mongolia – Khan Bank on changing its legal form, conducting an IPO and becoming a publicly listed company. 

Advised Frontclear, a Netherlands-based money markets company, on a global master repurchase agreement transaction with a local Mongolian bank. 

Advised Steppe Beverage on issuing convertible bonds on the Mongolian OTC market. 

Key clients 

Bank of China, Binance, Monbeef, UPC Renewables Mongolia, Ureca. 

Melville Erdenedalai

Melville Erdenedalai provides legal services related to banking, finance, corporate and M&A, and international arbitration. Its 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 December 1, 2017 after its decision to withdraw from the market. It has now entered into an association agreement with Hogan Lovells. 


Work highlights 

Advised the Ministry of Finance of Mongolia on matters of Mongolian law in relation to its exchange and tender offer in respect of existing sovereign bonds due in 2023 and 2024 and the issuance of new $517 million sovereign bonds, called “Hunnu.    

Advised the European Bank for Reconstruction and Development on restructuring of its $102.8 million loan to MCS Group and with respect to the MCS Group debt in 2019.   

Key clients 

World Bank Group.