July 29, 2012

Jurisdiction claim upheld for Khan Resources action against Mongolia | Russian Legal Information Agency (RAPSI).

Jurisdiction claim upheld for Khan Resources action against Mongolia | Russian Legal Information Agency (RAPSI).: "The ruling, necessitated by Mongolia’s objection to the tribunal’s jurisdiction over the claim, has opened the doors for the tribunal to rule both on the merits of the claim and on the amount of damages accrued.

Khan filed the arbitration action in January 2011 on the basis of an illegal expropriation claim. In its initial filing, Khan alleged that the Mongolian government had “caused substantial loss and damage to claimants and their investments through expropriatory, unlawful, unfair, and discriminatory treatment” in connection with the Dornod uranium deposit in northeastern Mongolia."

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