03 Feb Dispute Resolution
Due to the ongoing economic recession in Mongolia and the fall of commodity prices, many projects and deals did not procure expected outcome of contractual parties. Also, such economic hardship contributes to defaults and lead to disputes and litigation. In addition globalisation, foreign investment and trade fuel rise in the number of international disputes in or outside of Mongolia involving a Mongolian party or Mongolian assets. Such involvement of international aspect also complicates enforcement of court decisions and arbitral awards. The MDS KhanLex team is capable of dealing with such tricky situation by assisting the client and implementing with effective litigation strategy. We have been representing clients both locally and internationally in complicated disputes and litigation in Mongolian courts and arbitration. Also, we have a successful track record of assisting and advising our clients and or global law firms in international arbitration such as ICC and foreign courts, including High Court of London. Recently, we also took part as local counsel in successful mediation by SIAC Mediation Center in Singapore. Our litigation practice is led by Maizorig Janchivdorj, Partner of the firm. Maizorig successfully represented Ulaanbaatar Railways JSC, the Mongolian national railway company, in its US$55 million jurisdiction battle against Standard Bank PLC in High Court in London. He also advised a client on multi-million dollars EPC related dispute administered by the ICC International Court of Arbitration. In addition to Maizorig, our team of dispute resolution practice includes Sugarnyam Peljee, Uchralbayar Iderkhangai and Batbuyan Sodnomjamts.