
Investor–State Dispute Specialists
Investment Arbitration
Institutional-grade counsel for investor–state disputes across Latin America and international forums, advising foreign investors, multinational corporations, and award holders on ICSID and UNCITRAL proceedings, state negotiations, and cross-border enforcement of arbitral awards.
Latin America remains one of the world's most active regions for investment treaty claims. Whether initiating proceedings against a state, defending treaty protections, negotiating resolution, or enforcing and monetizing arbitral awards, Ágora brings institutional discipline and commercial pragmatism to investor–state disputes.
We operate at the intersection of arbitration advocacy, state negotiation, and enforcement execution. Our counsel is not merely about winning at the tribunal—it's about securing recoverable outcomes that preserve client capital and commercial relationships.
Aggressive Strategy + Procedural Discipline
Investor–state disputes require a hybrid posture: aggressive in pursuing treaty rights, disciplined in procedural execution, and commercially pragmatic in resolution strategy. We combine tribunal-facing advocacy with parallel negotiation tracks, always calibrating tactics to the client's business objectives and the realistic enforcement landscape.
Clients engage Ágora for:
- ICSID, UNCITRAL, or ad hoc treaty arbitrations
- Pre-arbitration negotiations with states or state-owned entities
- Award enforcement against sovereign assets
- Award purchase, assignment, and monetization transactions
- Sovereign immunity and asset tracing strategy
International law firms and corporate principals trust Ágora as their Latin America–focused investment arbitration partner, leveraging our regional judgment, procedural knowledge, and enforcement execution capabilities.
What We Do
ICSID & UNCITRAL Arbitration Proceedings
Full-service representation in investor–state arbitrations under ICSID Convention, ICSID Additional Facility, and UNCITRAL rules. We handle jurisdictional strategy, quantum presentation, document production, witness preparation, and post-hearing briefing with institutional rigor.
Negotiation & Settlement with States
Pre-arbitration and concurrent negotiation with sovereigns and state-owned entities. We structure settlement frameworks that achieve recovery while preserving enforcement optionality, and coordinate with local counsel and political advisors when required.
Enforcement of Arbitral Awards
Multi-jurisdictional enforcement of ICSID and non-ICSID awards under applicable conventions. We coordinate recognition proceedings across U.S., EU, and Latin American courts, navigating sovereign immunity defenses and foreign sovereign immunities act complexities.
Award Monetization & Assignment
Structuring transactions for the sale, assignment, or financing of arbitral awards. We advise claimants, funds, and distressed-asset investors on purchase structures, due diligence, and the legal architecture for award monetization.
Our Clients
Foreign Investors
Individuals and entities with treaty-protected investments
Multinational Corporations
Global enterprises with Latin American investment exposure
Award Holders & Funds
Claimants and funds requiring enforcement or monetization
Funders & Distressed-Asset Investors
Litigation funders and award purchasers
Sovereign Clients
Select mandates advising states and SOEs on treaty defense
Jurisdictional Expertise
Venezuela
Deep experience in investor–state claims involving nationalization and expropriation
Latin America
Regional coverage across Colombia, Mexico, Peru, Argentina, and Central America
International Forums
ICSID (Washington), UNCITRAL proceedings, PCA (The Hague), and ad hoc tribunals
Enforcement Jurisdictions
U.S., UK, EU, and Latin American courts for award recognition and asset tracing
Our Differentiators
Institutional rigor meets LatAm execution—from tribunal advocacy to award monetization.
Latin America–Focused Expertise
Deep jurisdictional knowledge across Venezuela/LatAm investor–state disputes—understanding local procedural realities, political dynamics, and enforcement landscapes.
Hybrid Strategic Posture
Combining aggressive arbitration advocacy with pragmatic negotiation and enforcement execution. We calibrate tactics to the realistic recovery horizon.
Enforcement Execution
Not just tribunal wins—recoverable outcomes. We integrate enforcement strategy from day one, coordinating award recognition across multiple jurisdictions.
Award Monetization Capability
Advanced capability in award sale, assignment, and financing. We advise on both sides of award transactions, enabling liquidity options for claimants and structured entry points for investors.
Investment Arbitration FAQs
Integrated Capabilities
Our Team
Strategic Investment Arbitration Counsel
For matters involving investor–state disputes, treaty-based claims, or arbitral award enforcement and monetization, we invite you to engage directly with our practice.


