Highly focused on arbitration, Chilean boutique Ugarte & Correa has significant experience in large-scale ICC, ICSID, UNCITRAL, CAM Santiago and CCL Lima cases, as well as ad hoc arbitrations. Appreciated by clients for ‘the level of attention to detail and first-class forensic technique’, the team’s clients are predominantly multinational mining exploitation, industrial services, energy, healthcare, agro-alimentary and investment companies. The firm’s partners also regularly sit as arbitrators on commercial disputes. In recent highlights, the practice represented US specialty chemicals manufacturing company, Albemarle, in international arbitration with Corfo, the matter set to define the commission calculation basis that Albemarle should pay to the Chilean state for lithium exploitation. The practice’s principal figures are international and domestic arbitration expert José Joaquín Ugarte, who is currently handling disputes valued at over $1bn; Pablo Correa, whose experience includes several successful international and domestic arbitrations before arbitration and mediation chambers, such as the ICC and Santiago Chamber of Commerce; and dual-qualified (Chile and New York) commercial and investment disputes specialist Liat Tapia. Promoted to partner in August 2023, national and international arbitration practitioner Karl Conrads' recent experience includes working as a foreign associate in King & Spalding LLP's international arbitration group in New York between July 2022 and July 2023.
Testimonials
Collated independently by Legal 500 research team.
- ‘Clients appreciate the level of attention to detail and first-class forensic technique.’
‘The lawyers’ writings, communications and arguments are excellent.’
Key clients
- Albemarle
- Desarrollos Renovables Latinoamérica
Work highlights
- Acted for Albemarle in an international arbitration with Corfo, which will define the commission calculation basis that Albemarle should pay to the Chilean state for lithium exploitation until 2044.
- Acted for Canal Las Mercedes on its disputes with Colbún, further to the collapse of a tunnel that impeded over 1,000 farmers from irrigating 17,000 hectares.