Jeantet advises Montero Mining and Exploration LTD in its ICSID arbitration proceedings against the Republic of Tanzania

 

Paris, 12 March 2021 – Jeantet is advising Montero Mining and Exploration Ltd (Montero), a Canadian mining exploration and development company specializing primarily in the exploitation, discovery and development of mining properties, in arbitration proceedings brought against the United Republic of Tanzania (Tanzania) before the International Centre for Settlement of Investment Disputes (ICSID).

This dispute arises in the context of the withdrawal of Montero’s title to the Wigu Hill rare earths project, located 170 km southwest of Dar Es Salaam.  Since 2011, Montero has undertaken substantial exploration work on this property. In 2014, economic conditions led Montero to file a Retention Licence application to safeguard its rights to the perimeter, which was granted in 2015 for five years.

In 2017, the Tanzanian government announced its intention to abolish the Retention Licence regime. In 2018, the government abruptly revoked all the Retention Licences, including the one held by Montero, and transferred the rights previously held on these perimeters to Montero.

It was under these conditions that Montero was forced to bring its dispute before the ICSID.

For the purposes of the proceedings, Montero is supported by a third party financial support, Omni Bridgeway Canada, covering the costs and expenses related to the arbitration proceedings against Tanzania.

Jeantet’s team is composed of Thierry Lauriol (partner), Capucine du Pac de Marsoulies (counsel), Martin Tavaut (counsel) and Marine Lecomte (associate).

Our last press releases

Jeantet advises SILVERSUN on the raising of senior and RCD financing

Paris, April 1, 2025 – Jeantet advised Silversun, a leading player in the construction and development of photovoltaic power plants, in setting up its €13 million revolving credit line to finance projects in the development and construction phases in France, with the support of Crédit Agricole du Languedoc, LCL and Arkéa Capital. Jeantet also assisted […]

Paris | FINANCING

+

Jeantet advised the LOOPING GROUP in its acquisition of PARC SAINT-PAUL

Paris, 24 March 2025 – Jeantet advised the Looping Group, the leading European operator of regional leisure parks, announced the acquisition of Parc Saint-Paul, one of the most iconic theme parks of the region of Oise in France and ranking amongst the 10 most important theme parcs in France. Created in 2011, the Looping Group […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advised BAYWA R.E in the sale of a 47 MWp french solar project to COMMERZ REAL

Paris, 20 March 2025 – Jeantet advised BayWa r.e. in the sale of the project Amance, a ready-to-build 47 MWp solar park project in eastern France, to Commerz Real (for its Klimavest fund). Developer BayWa r.e. has agreed to sell to a fund managed by the German investment manager Commerz Real the 47MWp Amance photovoltaic […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advises the banking pool composed of Arkea banque entreprises et institutionnel, banque populaire grand ouest and BPIFrance for the financing of the development, construction and operation of a CSR heating facility in Brest

Paris, March 12, 2025 – Jeantet advised the banking pool consisting of Arkéa Banque Entreprises et Institutionnels, Banque Populaire Grand Ouest and BPIFRANCE on a financing package worth around €63 million in principal to finance the development, construction and operation of a solid recovered fuel (SRF) cogeneration boiler, enabling the simultaneous production of electricity and […]

Paris | BANKING AND FINANCE LAW

+

Jeantet advises M2i and PROLOGUE, its controlling shareholder, in the context of the proposed acquisition of a majority block of M2i shares by SKOLAE, prior to the filing of a simplified tender offer on M2i shares

Paris, 5 February, 2025 – Jeantet has advised M2i (a company listed on the Euronext Growth Paris market), specialized in training in IT, AI, Digital, Management and Soft Skills, as well as Prologue (a company listed on the Euronext Growth Paris market), its controlling shareholder, in the context of the acquisition project of a majority […]

Paris | CAPITAL MARKETS AND STOCK EXCHANGE LAW

+

Jeantet advised TIS Inc. in the context of the Series B fundraising of Alice & Bob

Paris, February 3, 2025 – Jeantet advised TIS Inc. in the context of the Series B fundraising of Alice & Bob. Jeantet’s team was composed of Guillaume Fornier (Partner, Corporate/M&A), Georges-Dominic Sardi and Emma Rouhaud (Associates, Corporate/M&A). TIS was also advised by the law firm Nishimura & Asahi (Gaikokuho Kyodo Jigyo), with a team led […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advises SOGESTRAN in the acquisition of REEDEREI JAEGERS GMBH

Paris, 20 January, 2025 – Jeantet advised the French Sogestran group in the negotiation and signing of a binding agreement on 18 December 2024, according to which the Sogestran Group will acquire Reederei Jaegers GmbH, specialized in inland waterway liquid bulk transport, during the first quarter of 2025. This transaction, including the acquisition of 57 […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet has assisted NatWest Markets plc in connection with a €240 Million NAV Line to Clarion Partners Europe

16 December 2024 The Facility includes sustainability features which align with built environment decarbonisation ambitions of both businesses. Clarion Partners Europe, the real estate investment fund manager specialising in European logistics and industrial assets, has agreed to a €240 million NAV Line facility with NatWest for one of its co-mingled funds, which reports under Article […]

Paris | BANKING AND FINANCE LAW

+

Jeantet advises SBV and SMBV in connection with the Paris FC sale

Paris, 9 December, 2024 – Jeantet has advised Sports Bridge Ventures (SBV) and Sports Bridge Media Ventures (SBMV), in connection with the sale of their respective stakes in Paris Football Club to Alter Paris, holding company of Mr. Pierre Ferracci (current chairman of the Paris FC), in the context of the transaction with the Arnault […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advises QUADPACK on its acquisition by PSB INDUSTRIES

Paris, 21 November, 2024 – Jeantet is advising the listed company Quadpack Industries on its acquisition by PSB Industries, both specialized in the development, manufacture and distribution of packaging for the cosmetics industry, for approximately EUR 140 million. Quadpack Industries, a Catalan-based company listed on Euronext Growth Paris, and PSB Industries (the parent of the […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+

Jeantet advised WEINBERG CAPITAL PARTNERS in its investment in MARCEL VILLETTE GROUP, a specialist in landscaping and green space maintenance

Paris, 5 November, 2024 – Jeantet advised Weinberg Capital Partner’s WCP Impact Dev #1 in the context of the carve-out of the Marcel Villette Group, a leading player in the maintenance and creation of green spaces in Ile-de-France, in partnership with its CEO, Armand Joyeux and key executives. Founded in 1929 by Marcel Villette, the […]

Paris | CORPORATE – M&A – PRIVATE EQUITY

+