Mongolia

IFLR1000 Reviews

Financial and corporate
KhanLex Partners LLP

Founded in 2011, KhanLex Partners has long been one of Mongolia’s premier law firms. It qualified in Mongolian law only and organised itself into core practice areas departments, headed by a partner and co-practiced by another partner. 

 

Focusses/ specialisms    

The firm’s core practice areas are banking and finance, capital markets and corporate M&A. It has a strong focus on finance, infrastructure, general commercial and corporate law and dispute resolution. It has also worked on a wide range of green finance projects, including green housing financing, residential retrofitting, establishment of dedicated green finance corporations and renewables. 

 

Key clients 

Notable clients include ADB, Khan Bank, Development Finance Asia, EBRD, European Union, US International Development Finance Corporation, UPC Renewables Asia Pacific, Clean Energy Asia and Green Climate Fund. 

 

Client feedback: 32nd edition (2022/2023) 

Project finance 

"Good experience in energy industry, good quality of work, works in timely manner." 

 

Restructuring 

"They gave a comprehensive analysis of potential Russian structures and advice." 

 

Mayer Brown

Mayer Brown is a large international law firm with offices in 27 cities across the Americas, Asia, Europe and the Middle East. Key figures of the firm’s Mongolia office include partner Jason T. Elder and Tom Kollar. 

 

Focusses / specialisms 

The firm is recognised for its work in the foreign financial and corporate practice. It has a comprehensive track record representing Mongolian banks, international banks and development finance institutions in global capital markets and financing transactions. Sectors of activities include sovereign, oil & gas, financial Institutions, real estate, chemicals, insurance, energy and mining. 

 

Key clients 

Key clients of the firm include Trade and Development Bank of Mongolia, Mongolian Mortgage Corporation HFC, MIK Holding JSC and Development Bank of Mongolia. 

 

Client feedback: 32nd edition (2022/2023) 

Banking 

“Excellent legal service, responsive, good customer care, wide range of legal experts in different fields.” 

Melville Erdenedalai

Melville Erdenedalai is a Mongolian law firm that was formed in 2017 by partners Chris Melville and Erdenedalai Odkhuu following acquisition of the business and assets of Hogan Lovells’ Mongolian office. The firm now works in association with Hogan Lovells on the basis of an agreement. 

 

Focusses / specialisms 

The firm is recognised for its work in the financial and corporate and project development practices. It provides Mongolian and English law advice and is strong in transactional banking and finance, M&A, energy, mining and infrastructure.  

The banking and finance team advises on complex derivatives transactions, restructuring and project finance. Much of their work is cross-border. 

 

Client feedback: 32nd edition (2022/2023) 

Financial restructuring 

“Extremely technically proficient and well connected in Mongolia. Responsive and able to address client's commercial needs.” 

Nomin & Advocates

Nomin & Advocates is a full-service law firm in Mongolia with advising foreign and domestic clients from its base in Ulaanbaatar. The firm also offers an official translation service to its clients.

 

Focusses / specialisms

It is best known for its work in incorporation, finance, M&A, securities, capital markets, corporate governance and restructuring and insolvency and is strong in the energy, infrastructure and mining sectors.

 

Key clients

Key clients of the firm include XacBank, Mandal Insurance, SB Energy, Green Gobi Energy, Tenuun Gerel Construction, DBM Asset Management and Toyoko Inn.

 

Client feedback: 31st edition (2020/2021)

Project development

"Strong legal research and advice. Process preparation and guidance. Legal documents. Interfacing with the counterparty."

 

Project development: Energy

"Local laws in Mongolia and implications for renewable energy projects. Cost-effective and time-efficient."

"We had to enter the contract with a governmental office really quick then reflect the condition to a contract with the main local vendor. Nomin & Advocates did very well in drafting the contract and confirming the details of related regulations. We are satisfied with their quality and speed of the work."

 

Restructuring: Corporate

"1. Very timely response. 2. Direct and clear advice. 3. Strong advocate for our position - offer advice on how to accomplish a given goal, not why a certain thing cannot be done, rather how it can be done. 4. Effective working directly with 3rd parties such as governmental agencies, legal representation of counterparties, etc. 5. Costs are reasonable."