Adell & Merizalde
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LATAM dispute resolution boutique Adell & Merizalde offers a cross-jurisdiction ‘one firm approach’ from its three offices in Bogotá, Santo Domingo, and Panama. The team boasts a client roster of private companies and sovereigns, to which it provides advice on commercial and investment matters. Notably, it served as lead counsel to the Republic of Costa Rica in an ICSID arbitration relating to the expropriation of certain properties stemming from the construction of a large hydroelectric plant. Stephan Adell, based in Santo Domingo, is a dual Bolivian-French national and is experienced in handling energy and construction disputes. Juan Felipe Merizalde in Bogotá has extensive experience acting as both counsel and arbitrator in significant disputes. Both partners dedicate 100% of their time to international arbitration. Associates Francisco Batlle, based in Santo Domingo, and Nicolás Córdoba, based in Bogota, support the practice heads.
Legal 500 Editorial commentary
Key clients
- Republic of Costa Rica
- Grupo HNG
Work highlights
Represents the Republic of Costa Rica in an ICSID investment arbitration launched by German investors.


