Latin America - Latin America: International firms

Debevoise & Plimpton LLP

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Debevoise & Plimpton LLP has a large team of international arbitration specialists located across its international offices. The practice group evidences a healthy generational spread from prestigious senior figures and seasoned practitioners, through to younger partners, and a deep and specialised associate bench; much of Latin America-focused team is based in New York. The firm has an established record in investor-state and commercial disputes, often representing multinationals in cases against Latin American sovereigns or businesses; it also acts for Latin American entities in cases against entities outside of the region. Multilingual practitioner Dietmar Prager is co-chair of the Latin America practice group and is a recognised leader in international arbitration, notably in investor-state disputes, where he frequently represents investors. Hugely experienced, Mark Friedman is co-chair of the international dispute resolution practice and a preeminent figure in investor-state and commercial disputes; he led on the Perenco Ecuador case, obtaining a record $390m award from the Ecuadorian state. A member of the International Court for Arbitration of the ICC and ‘a very complete lawyer’, New York and Paris-qualified Ina Popova divides her time between the two cities and is particularly noted for energy, mining, and TMT sector disputes. Dual-qualified (Colombia/New York) and a native Spanish-speaker, Laura Sinisterra was raised to the partnership in July 2022; already an experienced practitioner in both investor-state and commercial arbitration, she is praised as being ’an excellent interrogator of witnesses and experts’. Sinisterra and Prager teamed up to co-lead on both the Freeport-McMoRan & Sociedad Minera Cerro Verde, and SMM Cerro Verde Netherlands, cases against Peru – the former a $1bn+ case under the US-Peru FTA; the latter a $250m+ case under the Netherlands-Peru BIT. London-based Patrick Taylor has a global practice but is increasingly involved in Latin America matters; he has a certain focus on upstream oil and gas, energy and telecoms cases. Up-and-coming figure Guilherme Recena Costa  moved in house as head-of-legal for Latin America at Barrick Gold in October 2022; and senior partner David W Rivkin retired in Febraury 2023 after over 40 years at the firm - he now acts as an independent arbitrator.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team is extraordinary. It has a series of people who are very good at what they do and stand out for their work. In addition, it should be noted that each one of them brings vast experience and added value.'
  • ‘They are very dedicated lawyers with a very high work ethic. In addition, being very technical, they are great strategists and know how to listen.’

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Key clients

  • Tethyan Copper Company (co-owned by Antofagasta Minerals and Barrick Gold Corporation)
  • Freeport-McMoRan

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Work highlights

  • Represented Tethyan Copper Company, a mining company jointly owned by Antofagasta Minerals of Chile and Barrick Gold Corporation of Canada, in a multibillion-dollar investment dispute arising out of a mining project in Balochistan province, Pakistan.  
  • Represented Freeport-McMoRan and Sociedad Minera Cerro Verde in an ICSID arbitration brought against the Government of Peru under the United States-Peru Free Trade Agreement.

Abbreviated data is displayed for this firm.