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The half-brother of UK prime minister Boris Johnson has warned he may bring a US$50 million investment treaty claim against Mongolia for denial of justice over its failure to pursue a fraud prosecution against his local business partner.
03 August 2022
A US appeals court has rejected three Chinese state-owned entities’ second attempt to revive an investment treaty claim against Mongolia over an iron ore deposit.
26 August 2021
Canadian miner Turquoise Hill Resources has settled an arbitration with its majority shareholder Rio Tinto concerning US$2.3 billion in funding for a troubled copper and gold project in Mongolia, while an investor-state claim over tax measures continues.
12 April 2021
The chairman of a gold mining company which last year won an HKIAC award against members of one of Mongolia’s most prominent families has been imprisoned in the country after being convicted of fraud.
26 September 2017
A tribunal at the Permanent Court of Arbitration has thrown out a claim by three Chinese state-owned enterprises against Mongolia, marking the first time a state has prevailed on a “narrow” reading of an expropriation clause common to around 70 bilateral investment treaties signed by China.
07 July 2017
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