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Name: Sh.Tsolmon
Firm Name: Ashid Advocates LLP
Country: Mongolia
Expertise: Project Finance

Telephone: +976 70140701
Fax: +976 70140701

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Professional Biography:

Tsolmon is a managing partner of Ashid Advocates LLP and leading Mongolian lawyer. She graduated the School of Law, National University of Mongolia (LL.B) and Law School, Tsinghua University (LL.M). While she was at Tsinghua University, Tsolmon was a Managing Editor at Tsinghua Law Review which is the first law review published in English in China.

Prior to joining our firm, she worked at international law firms in charge of global transactions involving Mongolia related projects. She has advised on some of the largest and most significant energy, infrastructure and real estate projects in Mongolia in recent years across oil, mining and metals, power and construction sectors. Tsolmon specializes in complex financings involving banks, export credit agencies and project bonds.

She gained extensive experience in drafting and negotiation of various construction contracts (EPPM, EPCM, EPC, EPS, FIDIC Books), and involved in the construction management contract dispute representing one of the giant Mongolian companies against the largest project management corporation in Australia at the London Court of International Arbitration.

Recently, she represented the Bank of China, Tokyo branch on financing of real estate development project initiated by the Chinese developer in Mongolia. Further, she acted for Mongolian largest corporation in construction of US$100 million hotel development project with South Korean reputable engineering companies. Therefore, she acted for the leading Mongolian corporation on development of 195MW Power Plant in the southern part of Mongolia and 300MW Power Plant in the northern region of Mongolia.

Tsolmon successfully represented clients in various courts in Mongolia. Most recently, she obtained a major victory in the Civil Court No.2 of the First Instance in Ulaanbaatar on behalf of the largest Chinese real estate developer in relation to land title dispute against South Korean real property developer.

Tsolmon involved in various working groups in relation to drafting bills of Minerals Law, Investment Law, Petroleum Law and tax related laws (General Tax Law, VAT Law, Corporate Income Tax, Customs Tax and Tariff Law).

Tsolmon is admitted to practice law in Mongolia, and she is a member of Mongolian Bar Association and a member of Barristers’ Association.

Tsolmon is fluent in English, Chinese (Mandarin) and Russian.

Firm Overview:

Ashid Advocates LLP– is a full service Mongolian law firm based in Ulaanbaatar, Mongolia. Founded in 2015, Ashid Advocates LLP has already established a reputation in the Mongolian challenging market, and became one of the leading firms in Mongolia by representing clients in complex, high-stakes regulatory, litigation, and transactional matters. As result of our hardwork and constant trust of our clients, Ashid Advocates LLP, the leading law firm of Mongolia, has been ranked in BAND 4 Leading Law Firms Recommended Law Firms in Mongolia, Asia Pacific 2018 by the World well known and reputable research and ranking institution LEGAL 500.

Composed of attorneys graduated from the top universities in Mongolia and abroad, including National University of Mongolia, Harvard University, Tsinghua University, Peking University, Moscow State University, the Renmin University of People’s Republic of China, National University of Singapore, who are proficient in English, Chinese, Russian and French, we offer a full range of legal services for Mongolian and international clients and advises in all legal spheres. In particular, we have demonstrated success in areas that include minerals, energy, petroleum, aviation, manufacturing, construction, capital markets, financial services, company law, foreign investment, civil and administrative litigation, criminal investigation and prosecution, and arbitration.

Our clients come from numerous sectors including minerals exploration and exploitation, petroleum, real estate & construction, banking & finance, energy, infrastructure, transportation, medicine, and trading. Ashid Advocates has been advising Mongolian and foreign investors, global banks, government authorities and non-government organizations, international organizations and foreign embassies, and individuals regarding Mongolian law matters. We do also cooperate with international law firms on their clients’ transactions in Mongolia.

We believe delivering consistent and successful results is achieved through building true partnerships with our clients. We do this by understanding the industries and economic climate in which clients operate and the current and potential legal issues that impact their business. Most importantly, because Ashid Advocates is an Ulaanbaatar based firm that operates out of a single office, we are able to control costs and billing rates in a manner that is nearly impossible in large, multi-office or multinational law firms.

In addition, Ashid Advocates generously gives back to the community, providing significant pro bono legal services and charitable contributions to more than 40 local, national organizations and individuals every year.