Three Crowns LLP

International disputes specialist Three Crowns LLP continues to receive mandates from significant Spanish and Latin American clients, with both sovereigns and multinational corporations calling upon the firm to represent them in investor arbitrations. Due to a strong presence among Spanish-speaking clients, the firm opened a new Madrid office in autumn 2023, headed by Carmen Martinez Lopez, whose expertise spans a variety of industries, including hydrocarbons, electricity, construction, and pharmaceuticals. The new office has resulted in a growing demand from Latin America and has allowed the team to be more responsive to its clients’ needs due to stronger economic and cultural ties. 2024 saw the practice continue to be involved in significant investment treaty arbitrations, such as its representation of the Republic of Chile in an ICSID claim relating to the construction of the Cardones-Polpaico Electricity Transmission line, co-led by Agustin G. Sanz. Beyond investment treaty work, the firm boasts an impressive repertoire of commercial cases in Latin America in significant industries such as aviation and oil and gas. Gaëtan Verhoosel KC, who splits his time between London and Madrid, has been active in representing Sacyr in a treaty claim against the Republic of Panama. Laura França Pereira is a promising, bilingual associate who is qualified to practise in Brazil, New York and Washington DC.