Milbank, Tweed, Hadley & McCloy LLP was recognized in The Lawyer for the largest M&A deal in the Mongolian market between 2009 and 2012. Milbank advised Mongolia's leading coking coal producer Mongolian Mining Corp (MMC) in the acquisition of QGX Coal from Kerry Mining for US$950 million. The Lawyer also highlighted Milbank's role as advisor to MMC in its IPO on the Hong Kong Stock Exchange in 2010, the first IPO on the HKSE by a Mongolian company.
In addition, Milbank is currently representing the lead lenders on the financing of the US$5 billion Oyu Tolgoi gold and copper mine, Mongolia's largest ever financing, and has also advised on other Mongolian financings. One of Milbank's senior partners has advised Mongolian government departments on several high-profile disputes and arbitrations and is a member of the Panel of ICSID Arbitrators by appointment of Mongolia.
