Ashid Advocates’ core practice lies in banking and finance, corporate and M&A and restructuring and insolvency. Led by partner Tsolman Shar, the firm also has experience in handling disputes.
General business law
Work highlights
Advised Elite Fortune, a Hong Kong construction development group, on the development of a construction project in the Yarmag area in Ulaanbaatar, Mongolia. The firm also drafted EPC-turnkey contract and conducted due diligence on the target companies holding the land rights as well as drafting the acquisition contracts.
Represented Oshee, a Polish food manufacturer, in a dispute against the Mongolian trading corporation Delger International on its failure to pay for the products supplied by the client.
Advised Polish Investment and Trade Agency on the establishment of its representative office in Mongolia, which is a part of the client’s global expansion plan to promote direct investment into Poland and support the foreign expansion of Polish businesses.
Successfully defended Archetype Mongolia in a dispute against Mongolian companies Burkhan Khaldun and Dayan Taij over the architectural design service contract. The plaintiffs claimed the client failed to obtain proper permission from the Competent Authority and sought advance payment and other losses and damages arising from the alleged failure.
Key clients
Mercy Corps Mongolia, Poh Golden Ger Resources Mongolia, Talpa Global
