Pérez-Llorca and Miranda & Amado merger will create a new major Ibero-American arbitration platform

The Ibero-American law firm Pérez-Llorca and the Peruvian firm Miranda & Amado have announced their complete merger, which will establish one of the most robust transatlantic arbitration platforms between Europe and Ibero-America.

The agreement unites Pérez-Llorca's consolidated European (Spain and Portugal), Mexican, and Colombian arbitration practice with Miranda & Amado's leading position in investment arbitration and commercial disputes in Peru and the Andean region. The combined practice will be made up of recognized specialists including José Daniel Amado (founding partner of Miranda & Amado), Félix J. Montero (senior partner in Pérez-Llorca's Litigation and Arbitration area), and Mauricio Raffo (co-head of Miranda & Amado's Dispute Resolution area), among others.

Pérez-Llorca boasts a solid European track record, with at least a dozen publicly referenced cases in various specialized publications. Among the most notable is their representation of the German investor in SolEs Badajoz GmbH v. Kingdom of Spain (ICSID Case No. ARB/15/38), where an award of approximately 41 million euros plus costs was obtained under the Energy Charter Treaty (award of July 31, 2019). Partners Fernando Bedoya, Ignacio Santabaya, Laura Ruiz, and Silvia de Paz are also key members of the team, which particularly stands out for its expertise in renewable energy, construction, energy, engineering, and corporate disputes under ICC, CAM, LCIA, and other rules. They represent clients in international commercial arbitrations, as well as in litigation related to international arbitration, including clients such as Técnicas Reunidas, Acciona, ConocoPhillips, United Nations, Duro Felguera, Pan American Energy, Telefónica, Aldesa, INECO, among others.

Miranda & Amado brings one of the most respected arbitration practices in Latin America. Among its key cases are Gasoducto Sur Peruano S.A. (in liquidation) v. Republic of Peru (ICSID Case No. ARB/24/29, claim of approximately US$2 billion), Bear Creek Mining Corporation v. Republic of Peru (ICSID Case No. ARB/14/21, award of approximately US$30.4 million), APM Terminals Callao S.A. v. Republic of Peru (II) (ICSID Case No. ARB/21/28, final award of December 2024), the Camisea consortium case (Pluspetrol Perú Corporation and others v. Perupetro S.A., ICSID Case No. ARB/12/28), and relevant ICC arbitrations such as Quanta Services / Redes Andinas (one of the highest awards against Peru) and Lamsac v. Municipality of Lima. The team includes Cristina Ferraro Delgado, Luis Alonso Navarro, and Giovanni Priori.

The merger with Miranda & Amado joins the existing capabilities of the team composed of Alejandro Linares (former Magistrate and President of the Constitutional Court of Colombia), David Araque, and Felipe Suescún de Roa in Bogotá (known for their participation in landmark cases such as Reficar v. CB&I, ICC) and the Mexico City disputes team led by Antonio González Martínez and María Elena Huerta Ávila, strengthening capabilities in energy, infrastructure, and cross-border commercial arbitrations.

The combined platform will feature fully operational local law offices in Madrid, Barcelona, Bogota, Medellin, Lisbon, Mexico City, Monterrey, and Lima, in addition to offices in Brussels, London, New York, Singapore, and Abu Dhabi.

The Firm will offer its clients seamless coverage throughout the Ibero-American region for disputes in renewables, energy, infrastructure, mining, construction, and mergers and acquisitions (M&A), under the rules of ICSID, ICC, LCIA, CAM, CCB, CIIAM, ICDR, SIAC, and UNCITRAL.

The transaction remains subject to partner approval and other customary conditions.