Phanar Legal and Novus Law Group Enter Into Strategic Alliance for UK-Mongolian Business
Phanar Legal and Novus Law Group are pleased to announce a strategic alliance to serve the needs of UK-Mongolian business. Whilst remaining separate for legal and regulatory reasons, for UK and Mongolian clients the firms operate as a single firm for client purposes offering clients both English law and Mongolian law expertise. The firms’ combined expertise encompasses all commercial law areas such as Capital Markets, M&A, Joint Ventures and Finance (including export credit finance and aircraft finance) across a number of industry sectors, including mining, transportation, infrastructure, real estate and construction, retail and technology.
Batbayar B, Managing Partner of Novus Law Group commented: “We are delighted at entering into this strategic relationship with Phanar Legal which gives us incredible international reach and capability whilst remaining true to our Mongolian heritage and identity. Phanar Legal is the ideal partner for us and we are already working with them on exciting joint projects with more in the pipeline. The cultural fit between our firms is truly exceptional and stands us in good stead to go from strength to strength.”
Philip Rogers, Senior Partner of Phanar Legal commented: “As the UK reaches outward to the rest of the world Mongolia is a key market for us. With Oyu Tolgoi, the UK is already the largest foreign investor in the country, and together with Novus Law, we are ideally equipped to serve the legal needs of UK-Mongolian trade and investment flows. Novus Law Group and Phanar Legal are both young and dynamic firms sharing the same values around exceptional client service and a global perspective applied locally.”
Her Britannic Majesty’s Ambassador to Mongolia, Philip Malone, commented: “It is pleasing to see this alliance between a British and a Mongolian professional firm come into being which will no doubt play an important role in building strong commercial links between our two countries.”
UK Trade Envoy to Mongolia, Julian Knight MP, commented: “The UK is renowned for the strength of its professional services firms. This is a great example of how professional services firms can work together to promote international trade and investment between the UK and Mongolia.”
All enquiries regarding the strategic alliance should be directed to:
Philip Rogers, Senior Partner, Phanar Legal, +44 20 3915 5618, email: philip.rogers@phanarlegal.com
Batbayar B, Managing Partner, Novus Law Group, +976 7010 4575, email: batbayar@novus-law-group.local