Эх сурвалж: www.legalbusinessonline.com
Mongolia’s meltdown reduces legal work, but there’s hope for rebound
Just over five years ago, Mongolia was the world’s fastest-growing economy, recording a staggering 17 percent in 2011, thanks to China’s booming demand for the landlocked country’s minerals. But the economy’s 1 percent growth in 2016 was its lowest in seven years, and this decline brought Mongolia to the brink of recession.
Shearman, S&C, Milbank star in $4.4 bln financing for Mongolia mega mine
Shearman & Sterling has advised Mongolian company Erdenes Oyu Tolgoi on a $4.4 billion financing to expand the country’s massive Oyu Tolgoi copper mine, with Sullivan & Cromwell representing co-owner Rio Tinto, and Milbank, Tweed, Hadley & McCloy counselling the lenders.