International arbitration in Latin America: International firms

Debevoise & Plimpton LLP

Debevoise & Plimpton LLP  is praised for its 'great knowledge in a broad range of sectors and great depth in its analysis'. The team is active in a large number of Latin American jurisdictions, including Peru, Ecuador, Panama, Brazil, Mexico, Argentina and Chile. A major recent work highlight was representing Perenco Ecuador against the Republic of Ecuador in an ICSID arbitration pertaining to Ecuador's 2006 amendment of the hydrocarbons law and a subsequent termination-of-contract dispute. The team also acted for Gramercy Funds Management and an affiliate in a dispute against the Republic of Peru arising from Peru's efforts to avoid payment of agrarian bonds issued in exchange for property expropriated by the government, and is representing a co nstruction company in its $600m ICC arbitration with a major oil company over delays and additional cost in a project. The New York-based international dispute resolution group is jointly led by Donald Donovan and David Rivkin, alongside Dietmar Prager who co-heads the Latin America group. Mark Friedman and Ina Popova are highly recommended. London-based recently promoted partner Samantha Rowe  and Patrick Taylor are also names to note; the latter has notable expertise in the oil and gas and telecoms sectors.

Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer LLP has a 'very specialist team with hands-on real-time experience of the issues which investors face with Latin American sovereigns'. The firm is especially strong in high-value treaty cases spanning a large number of jurisdictions in Latin America. Recent highlights saw Elliot Friedman acting for ConocoPhillips in an ICSID arbitration claim by a number of Dutch subsidiaries against Venezuela concerning Venezuela's expropriation of three major oil investments collectively worth over $20bn; and Noiana Marigo assisting Abertis Infraestructuras with an arbitration arising from claims related to the mandatory conversion and freeze of toll tariffs imposed by the government of the Argentine Republic. A team led by the highly regarded energy specialist Nigel Blackaby, Marigo and Friedman successfully represented Tenaris in defeating Venezuela's attempt to annul an ICSID award obtained by the company for the unlawful expropriation of one of its steel-production assets, and in a separate matter, successfully represented Engie in preventing the same state's attempt to annul an award for the unlawful expropriation of its investments in a water and wastewater treatment concession in Argentina. London arbitration practice head Sylvia Noury is recommended for treaty arbitrations, and Caroline Richard  is 'very experienced and keeps a very well blended team working together'. Counsel Alex Wilbraham and associate Jessica Moscoso are also recommended, but former senior associate Ricardo Chirinos moved to White & Case LLP in mid-August 2019.

King & Spalding LLP

King & Spalding LLP is best known for its work in investment treaty and energy disputes, particularly in the oil and gas sector. Clients praise the team's ability of 'staying a step ahead of potential issues, always proposing practical solutions, and shaping strategy to drive results'. The group is jointly led by Houston-based energy dispute specialist Roberto Aguirre Luzi, Doak Bishop, who has a wealth of experience in Latin American disputes, and Harry Burnett, who is based in the New York office. Among the firm's recent caseload is the successful representation of Chevron and its subsidiary Texaco Petroleum Company in a $9.5bn international arbitration proceeding against the Republic of Ecuador administered by the Permanent Court of Arbitration in The Hague. The team is also acting for Sociedad Aeroportuaria Kuntur Wasi and Corporación América in an ICSID arbitration against the Republic of Peru brought under the Argentina – Peru bilateral investment treaty relating to a concession contract and a guarantee agreement, and is representing a group of UK investors in an arbitration against the Republic of Uruguay concerning the expropriation of a mining project. Caline Mouawad is singled out for her 'excellent strategic leadership, hands-on approach and great communication' and is recommended alongside the 'knowledgeable and experiencedEdward Kehoe.

White & Case LLP

White & Case LLP is widely recognised for its ability to handle high-value arbitration, most recently demonstrated in its  ongoing representation of Grupo Unidos por el Canal (and its shareholders), in a dispute with the Panama Canal Authority relating to the US$5.5bn Panama Canal expansion project, among other cases. The arrival of Silvia Marchili and Jorge Mattamouros from King & Spalding LLP in January 2019 has added significant experience in general and construction arbitration, while the mid-August hire of up-and-coming senior associate Ricardo Chirinos from Freshfields Bruckhaus Deringer LLP has further strengthened the bench. Nevertheless, Jonathan Hamilton remains the primary contact: his impressive recent international instructions include representing the firm's major client Republic of Peru in a $250m ICSID arbitration relating to the development of a port, and in a separate matter, acting for the same client in a $1.9bn UNCITRAL investment arbitration brought under the US-Peru Trade Promotion Agreement pertaining the 1969 agrarian reform bonds and related issues. Other notable practitioners include Mexico city-based Rafael Llano Oddone, who assisted Jindal Steel & Power with a dispute against a Bolivian state-owned mining entity, and New York-based Ank Santens, who represented MetLife in a claim against Argentina under the US-Argentina bilateral investment treaty. Andrea Menaker, Carolyn Lamm, the recently promoted partner Francisco Jijón and senior associate Michelle Grando are other names to note.

Arnold & Porter

Arnold & Porter's client roster features a large number of states, including the Dominican Republic, Chile, Peru, Columbia and Panama, which it represents in investor-state arbitrations. Paolo Di Rosa heads the global international arbitration practice, and was part of the team, which also included London-based  Patricio Grané Labat and Dmitri Evseev, that represented the Republic of Costa Rica in a dispute against Infinito Gold regarding exploration permits and a concession for the exploitation of a gold mine. The team is also assisting the Republic of Peru with a series of disputes in the gas transportation sector.  Washington DC-based Whitney DebevoiseGaela Gehring Flores and Mallory Silberman are defending the Republic of Panama against a claim filed by the US subsidiaries of Bridgestone Corporation relating to its IP rights.

Cleary Gottlieb Steen & Hamilton

Cleary Gottlieb Steen & Hamilton advises multinationals, foreign and domestic corporations, states and state-owned entities on a mix of investment treaty cases and commercial arbitrations. Jeffrey Rosenthal and Ari MacKinnon acted for Vitro in a breach of contract dispute against its counter parties; while Howard Zelbo and Claudia Annacker assisted DP World with an ICSID arbitration against the Republic of Peru pertaining the development and operation of a commercial port. Other highlights include representing Petróleo Brasileiro in challenging an arbitral award rendered in an arbitration administrated by the ICDR regarding a drilling contract entered into between Vantage Deepwater Company and Vantage Deepwater Drilling and companies of the Petrobras Group. The team is also increasingly sought out for arbitration matters arising from M&A transactions in Brazil. On the junior level, Buenos Aires-based senior associate Ignacio Zapiola and São Paulo-based Pedro Martini are names to note.

Covington & Burling LLP

Covington & Burling LLP is regularly instructed by investors in both investment treaty disputes and in commercial arbitrations. Miguel López Forastier and Nicole Duclos are recommended.

Dechert LLP

Dechert LLP's practice consists of a 'truly international team with vast experience in international arbitration cases', working both for claimants and respondents. The group is active across the majority of Latin America, and represents various states in significant investment arbitrations, as well as acting for investors in major treaty cases. Demonstrating this, it successfully represented Bolivia in a dispute against South American Silver arising from the revocation of a silver and rare metals mining concession in Northern Potosi; acted for Colombian investors in an ICSID case against the Republic of Chile relating to the expropriation of investment in the public transportation industry; and is assisting a Peruvian company with an ICC arbitration against a Brazilian construction company regarding a gas pipeline project in Peru. Eduardo Silva Romero and Arif H Ali jointly lead the team from the firm's Paris and Washington DC offices respectively, and are supported by Érica Franzetti who is 'extremely effective during cross examination and highly persuasive giving written and oral arguments'. José Manuel García Represa is 'extremely active', while Alvaro Galindo and Juan Felipe Merizalde are also names to note.

Herbert Smith Freehills

Herbert Smith Freehills is particularly experienced in commercial disputes and assisting investors with investor-state arbitration; it also has notable expertise in the mining infrastructure space. Among its recent caseload, it successfully defended the Republic of Costa Rica in investment treaty proceedings arising from the termination of a development site on environmental grounds and continues to represent BHP Billiton in a series of disputes involving its engineer at the Escondida mining project. Other commercial arbitration cases include acting for a South American oil company in an arbitration regarding the breach of an agreement to share proceeds from the joint operation of an oil block, and handling a dispute relating to the development of an off-shore LNG regasification terminal. The highly regarded Christian Leathley heads the Latin America group from the firm's New York office; the team also includes the recently promoted partner Amal Bouchenaki, associate Daniela Páez and Paris-based Thierry Tomasi.

Latham & Watkins

Latham & Watkins is singled out for its 'efficient and effective case analysis as well as its excellent communication'.  The team, led by Paris-based Fernando Mantilla-Serrano, has notable strength in the oil and gas, energy and construction sphere handling a mix of treaty cases and commercial arbitration proceedings. It continues to represent Refinadora Costarricense de Petróleo in an ICC arbitration brought by CNPC, a PRC state-owned oil and gas company, and is representing a multinational mining group in a series of ICC arbitrations arising out of a shareholders' agreement.  On the investment treaty side, Mantilla-Serrano and New York-based Claudia Salomon are representing the Republic of Columbia in an ICSID arbitration brought by Eco Oro Minerals. Sophie Lamb, new partner John Adam and associate Esperanza Barrón-Baratech are also names to note within the 22-strong team.

Three Crowns LLP

Three Crowns LLP has 'one of a handful of top arbitration counsel teams in the world'; clients particularly praise its 'high professional standards, and its credibility with tribunals'. The firm has notable expertise in both investment treaty cases and commercial arbitration, and is regularly instructed by high-profile clients in the energy, construction, utilities, financial services and mining sectors. According to one client, Gaëtan Verhoosel is 'one of the best arbitration advocates in the world'; 'his style is analytical and friendly, unencumbered by excessive emotion, and so he is credible and persuasive'. Carmen Martinez Lopez delivers 'in a friendly and folksy tone, a very persuasive oral argument and a devastating cross-examination'. The duo is representing Naturgy Energy Group in its investment treaty arbitration against the Republic of Colombia regarding the unlawful expropriation of its investment in a power distribution company. Other highlights include successfully representing ConocoPhillips in its treaty claim against Venezuela arising from Venezuela's expropriation of its assets in the Orinoco belt, and acting for a construction company in its dispute with a Colombian state entity around a highway concession contract. Constantine Partasides QCLuke SobotaJan Paulsson and counsel Agustin Sanz are also highly recommended.

Chaffetz Lindsey LLP

David Lindsey and James Hosking jointly head the ten-partner team at dispute resolution boutique Chaffetz Lindsey LLP which boasts particular experience in commercial arbitration. The firm also handles investor-state disputes, acting for both sovereign states and corporate companies. In recent highlights, Hosking defended a mining company in an indemnification claim arising from the sale of assets, and advised the Costa Rican subsidiary of a multinational energy company in an ICC arbitration relating to an EPC contract. The 'diligent and analyticalAníbal Sabater is handling a steady flow of construction disputes and is representing Albacora in a claim against Ecuador for arbitrary taxation measures imposed within a free trade zone, while Lindsey and Yasmine Lahlou are handling an UNCITRAL arbitration arising out of a joint operating agreement related to an offshore oil field in Brazil.

Foley Hoag LLP

Foley Hoag LLP focuses on representing sovereign states and state-owned companies in international commercial and investment arbitrations, and counts a large number of states including Dominican Republic, Ecuador, Panama, Peru and Uruguay as its major clients. It also has experience in arbitrations between states at international tribunals. Among its recent caseload, a team led by Paul ReichlerClara Brillembourgare and Tafadzwa Pasipanodya is representing Uruguay in an UNCITRAL arbitration involving an iron ore mining project; and Mélida Hodgson and Kenneth Figueroa are representing the Republic of Peru in an ICSID arbitration concerning the delay in the construction of a metro line of the Lima subway system. The firm is also advising the state-owned electricity distribution company of the Dominican Republic in a construction dispute with a Brazilian-led consortium relating to the construction of a thermoelectric plant.

Hogan Lovells US LLP

Hogan Lovells US LLP can leverage its impressive global footprint to advise on investor-state disputes, both on the side of investors and of sovereign states, while also handling commercial arbitration. Daniel González and Richard Lorenzo's recent highlights include representing a South American government entity in an ICC dispute related to a long-term water supply and collateral services concession contract; acting for a Dominican power company in IACAC arbitration proceedings concerning the construction of LNG dock facilities in the Dominican Republic; and assisting a Salvadoran telecommunications company with ICDR arbitration proceedings concerning interconnection agreements. Mexico-city based Omar Guerrero Rodríguez is also a name to note.

Reed Smith LLP

Reed Smith LLP's expertise handling arbitration proceedings is 'truly remarkable, with outstanding results'. The firm's recent caseload features a $1.3bn dispute against a state entity for breach of a contract to construct energy facilities, a $200m shareholder dispute, a multimillion-dollar construction dispute, and a $1bn dispute against a state entity for breach of a contract involving petrochemicals. The 'excellent and very efficient' global head of international arbitration José Astigarraga is 'always prepared to provide the necessary legal support to its client and has absolute control on the subject matter'; clients also praise his 'extraordinary performance at arbitration hearings'. Eduardo De la Peña 'deeply understands the main principles connected with the Latin American legal systems', and Cristina Cárdenas  is 'exceptional in tasks and is extraordinarily obsessed with the details'. Clients also recommend Edward Mullins and senior associate Sujey Herrera.

Sidley Austin LLP

Sidley Austin LLP's practice is jointly led by Louis Kimmelman and Marinn Carlson which saw the hire of Tai-Heng Cheng and counsel Simon Navarro at its New York office from Quinn Emanuel Urquhart & Sullivan, LLP. The team is recommended for investment treaty arbitration and commercial disputes. Jennifer Haworth McCandless recently defended a Latin American government in a dispute brought by multiple US investors relating to their real estate investment. Other highlights include representing the Republic of Peru in a dispute with a Chilean investor relating to a factory sited in an environmentally protected area.

Baker Botts L.L.P.

Baker Botts L.L.P. 's client roster spans sovereign states, governmental agencies, state-owned entities, project companies and international energy companies. Among the firm's recent caseload, Alejandro Escobar is advising the Republic of Ecuador in an arbitration proceeding with a Spanish fishing company concerning alleged entitlements to income tax exemptions under the Ecuadorean free zone regime, and is representing a South American state-owned entity in a multimillion-dollar construction dispute; Jay Alexander and Ryan Bull are acting for a South American project company regarding royalty payments; and Andrew Behrman is representing a renewable energy developer and operator in a dispute against the lead contractors for a wind farm project.

Baker McKenzie LLP

Clients single out Baker McKenzie LLP for the 'very global nature of the firm, with its fully integrated offices around the world which provides just the right capabilities for multi-jurisdictional disputes'. The team, led by Bogota-based Claudia Benavides, focuses on commercial, energy and construction arbitration, and has impressive footprint covering seven Latin American jurisdictions. Current highlights include representing a consortium of multinational petroleum companies in an arbitration against Brazil's National Agency for Petroleum regarding the Lula oil reservoir, and representing a large engineering company in a dispute arising from an EPC contract of a power plant in Colombia. Grant Hanessian and Joaquim Muniz stand out for their 'wide experience in the field, solid legal knowledge and client-focus approach'. Maria del Carmen Tovar and Rodrigo Diaz de Valdes are also names to note.

Clyde & Co LLP

Clyde & Co LLP stands out for its notable experience in handling commercial arbitrations in the insurance sector. Clients praise its capability of providing 'creative solutions to difficult problems'. The London-based team includes practice head Peter Hirst who regularly acts as counsel and arbitrator; Neil Beresford who is recommended for Colombia-related mattes; Maurice Kenton who is an international disputes specialist focused on the energy and natural resources sectors; and Alejandro Garcia who specialises in treaty disputes in the renewable energy sector. The group also has a solid practice in Brazil where Sao Paulo-based Stirling Leech and Ricardo Lewandowski, who splits his time between London, Miami and São Paulo, are recommended. The firm's recent caseload includes a mix of construction disputes, share purchase agreement disputes, and reinsurance cases.

Curtis, Mallet-Prevost, Colt & Mosle LLP

Curtis, Mallet-Prevost, Colt & Mosle LLP is praised for its 'strong presentation skills in hearings, in-depth research and cogent written submissions'. It is widely recognised as a market leader representing states and state-owned entities in investment treaty disputes. New York-based group head George Kahale III is representing respondent Venezuela in a series of arbitrations, including an ICSID arbitration commenced by subsidiaries of ConocoPhillips with respect to petroleum projects, and a dispute concerning the nationalisation of a manufacturer and supplier of materials used in the extraction of crude oil. Other highlights include acting for a Mexican state-owned company in an LCIA arbitration in a high-value construction dispute. Claudia Frutos-Peterson  and Gabriela Álvarez Ávila are also recommended members of the team, which, however, lost Kate Brown de Vejar and Miriam Harwood to DLA Piper LLP (US)  and Squire Patton Boggs respectively.


Miami-headquartered, specialist dispute-resolution boutique GST LLP boasts considerable experience in numerous Latin American jurisdictions and has accumulated noteworthy expertise in the agribusiness, infrastructure, and energy and natural resources sectors, in particular. Washington DC-based Ignacio Torterola -a former Deputy Director of the Office of the Argentine Treasury Attorney General- has an extensive track-record representing sovereign states, state-owned entities, and private investors in investor-state arbitration. The firm's recent workload features a mix of investor-state cases and commercial disputes - such as its current ongoing representation of major client, the Bolivarian Republic of Venezuela, in a series of expropriation disputes in the food-distribution sector. Fellow founding partners Diego Gosis and Quinn Smith are also highly recommended. The team was strengthened with the July 2018 hire of associate Pablo Mori, formerly at Peruvian firm Bullard Falla Ezcurra Abogados.

Hughes Hubbard & Reed LLP

Hughes Hubbard & Reed LLP 's 2019 hire of Luis O’Naghten from Baker McKenzie LLP added additional strength to its investment treaty and commercial arbitration offering. The team is representing the investors in a breach of agreement dispute regarding the construction and operation of hydroelectric plants, and continues to act for Huntington Ingalls Industries in its arbitration against the Bolivarian Republic of Venezuela arising from Venezuela's failure to pay for repairs on two Lupo class frigates. John Townsend is recommended for investment treaty arbitration, has 'unique knowledge of international law' and is a 'true strategic thinker'. Nicolas Swerdloff focuses on financial, joint venture, securities, professional liability and sports disputes. Many of the arbitration lawyers also sit regularly as arbitrators.

Norton Rose Fulbright US LLP

Norton Rose Fulbright US LLP has handled a number of high-value commercial arbitration cases in the energy and mining sectors. The firm's recent caseload also features investor-state arbitration which saw a team, led by Martin J. Valasek and Matthew H Kirtland, handling enforcement proceedings against a Latin American state regarding an investment disputes settlement. 'Outstanding practitionerMark Baker is another key name to note in the team which lost Pedro Saghy to Dentons in December 2018.

Quinn Emanuel Urquhart & Sullivan, LLP

Known for its very strong litigation capability globally, Quinn Emanuel Urquhart & Sullivan, LLP's 17-partner international arbitration team is highly experienced in investment treaty arbitration, state-to-state disputes and commercial disputes. Among its recent instructions, David Orta was part of a multi-jurisdictional team that represented a group of foreign investors with stakes in Integradora de Servicios Petroleros Oro Negro in an arbitration arising out of fraudulent and discriminatory actions taken by Petróleos Mexicanos. Other investor-state arbitration highlights include representing 39 US investors in an investment arbitration against Mexico regarding the rights of operating casino business, and acting for Odebrecht in an investment treaty arbitration against the Peruvian government in connection with two sizeable infrastructure projects. Daniel Salinas-SerranoFred Bennett, Stephen Jagusch QC and of counsel Dawn Yamane Hewett are also names to note. Tai-Heng Cheng and Simon Navarro left for Sidley Austin LLP in April 2019.

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden, Arps, Slate, Meagher & Flom LLP 's team is led by the 'extremely solid' Julie Bédard who has particular expertise in handling high-profile Brazil-related arbitrations, and is representing a multinational IT consulting, outsourcing and professional services company in an ICC arbitration arising out of a shareholders’ dispute with the subsidiary of a large Brazilian state-owned bank. Timothy Nelson and Lea Haber Kuck are other names to note.

Vinson & Elkins LLP

Vinson & Elkins LLP  counts Panama Canal Authority as a major client, currently in connection with its defense in a series of arbitrations arising from disputes with construction contractor GrupoUnidos por el Canal relating to the design and construction of the third set of locks for the Panama Canal expansion project. James Lloyd Loftis heads the practice from the firm's Houston office; the team also includes London-based Louise Woods, Washington DC-based Alden Atkins and the recently promoted partner Scott Stiegler. Mark Beeley left for Orrick, Herrington & Sutcliffe (Europe) LLP  in 2018, but in mid-2019 the practice was bolstered with the arrival of Camilo Cardozo  and associate José Sanchez from Paul Hastings LLP.

Winston & Strawn LLP

Winston & Strawn LLP  is particularly experienced in acting for a mix of sovereign states, state-owned entities and investors. Recent highlights include representing Dominion Minerals in its claims against the Republic of Panama concerning the treatment and protection of investments in a copper and gold concession, and acting for the Republic of Ecuador in a series of long-running disputes, including its multibillion-dollar arbitration with Chevron and Texaco. Key practitioners include Ricardo UgarteEric Bloom and Julissa Reynoso, but the team lost Tomas Leonard  to Greenberg Traurig LLP in 2018.

B. Cremades & Asociados

B. Cremades & Asociados' recent caseload features a mix of investment treaty arbitration and commercial disputes, and the firm is particularly active in handling arbitrations relating to major construction projects. The Madrid-based team is led by founding partner Bernardo Cremades who regularly acts as an arbitrator in Latin American-related arbitrations; David Cairns is also recommended. The group is currently acting for an investor in the tourism sector in an ICSID proceeding against Venezuela and represented a Spanish investor in two ICC arbitrations arising from the construction of a power plant in Panama.

Bryan Cave Leighton Paisner LLP

Bryan Cave Leighton Paisner LLP 's recent caseload includes representing a claimant in an ICSID arbitration arising from the expropriation of investments in the hospitality sector, and assisting the Dominican Republic with an investor-state arbitration brought by a Panamanian investor. Pedro Martinez-Fraga is particularly experienced in handing investor-state matters, and regularly acts as both counsel and arbitrator, as is Ryan Reetz who also has notable experience in commercial arbitrations. Domenico di Pietro recently relocated to Miami from the firm's London office.

Clifford Chance

Clifford Chance fields a team of 'amazing legal experts' who are able to 'quickly put down strategies for the short and long term' and have 'a high understanding of business technical issues'. Ignacio Suárez Anzorena  is' just the guy you want in your corner' - he is 'full of energy' and gives 'high-level advice for every situation' -, and José García Cueto is 'deeply familiar with all the complex aspects revolving the world of arbitration'; both are particularly recommended for construction-related arbitration in the energy, infrastructure, and oil and gas sectors. The firm is advising an investor in an ICSID investment treaty dispute against the Republic of Panama, and is representing Galway Gold in an ICSID arbitration against the Republic of Colombia concerning certain concession rights which have been affected by environmental measures adopted by Colombia. Janet Whittaker is also recommended.

DLA Piper LLP (US)

DLA Piper LLP (US) has a strong network of offices in Latin America which was further strengthened with the establishment of a partnership agreement with Argentina's Cabanellas Etchebarne Kelly. The group is jointly led by Paris-based Michael OstroveKate Brown de Vejar, who joined as global co-chair of international arbitration from Curtis, Mallet-Prevost, Colt & Mosle S.C., and New York-based Roger Meltzer. It is particularly active in commercial arbitration and construction-related disputes. Recent highlights include advising Metro de Lima Línea 2 in an ICSID arbitration arising from a PPP project against the Republic of Peru, and handling a series of multimillion-dollar commercial disputes. Gerardo Lozano Alarcón and Carlos Nunez are other names to note. The team lost Marco Schnabl and Cecilia Azar  to Skadden, Arps, Slate, Meagher & Flom LLP and Galicia Abogados S.C. respectively.

Holland & Knight

Holland & Knight's recent highlights include representing Eutelsat in an investment treaty arbitration proceeding against the Mexican government for due to a breach of the provisions of the Mexico-France bilateral investment treaty. In other work, Carlos Vejar is leading advice to a Mexican state-owned entity in a multimillion-dollar construction arbitration relating to the construction of a hydroelectric plant. Other key team members include Luis Rubio Barnetche and Salvador Fonseca, also in the Mexico office; and Adolfo Jimenez and Brian Briz in Miami.

Jones Day

Jones Day has a particular focus on investor-state arbitration and commercial disputes in the energy, mining and construction sectors. Ricardo Puente leads the group from the firm's Miami office. The team also includes Madrid-based Mercedes Fernández, who recently handled an ICC arbitration initiated by a Panamanian company relating to an EPC contract for the construction of an infrastructure project.

Kirkland & Ellis LLP

Kirkland & Ellis LLP handles a mix of investment treaty disputes and commercial arbitration cases. Javier Rubinstein and Lucila Hemmingsen are representing a multinational insurance company in an ICC arbitration involving an M&A dispute in Brazil, and are assisting a major construction company with a multibillion-dollar construction dispute. Lauren Friedman is another name to note.

Shearman & Sterling LLP

Shearman & Sterling LLP is representing the Republic of Panama in an ICSID arbitration relating to a series of infrastructure construction projects and is acting for a Latin American aviation consultancy firm in two disputes with European manufacturers arising from the termination of agency contracts. Christopher RyanHenry Weisburg and recently promoted partner Ximena Herrera are names to note.

Uría Menéndez

Uría Menéndez is regularly instructed on high-value construction disputes, and is particularly active in handling cases involving Argentina, Chile, Colombia, Mexico and Peru. The 28-partner team is also experienced in a broad range of commercial arbitrations and investor-state disputes. Gabriel Bottini defended a Bolivian state-owned company in an arbitration proceeding relating to the development of an iron and steel complex; Jesús Remón and Miguel Virgós  handled a series of construction disputes.

Volterra Fietta

London-based public international law specialist Volterra Fietta acts for both sovereign states and investors in a range of international commercial arbitration, investment treaty cases and state-to-state disputes. Robert Volterra is recommended.