International Arbitration 2026

CHILE Trends and Developments

Trends and Developments Contributed by: Ricardo Vásquez, Juan Araya Allende and Álvaro Jara Burotto Vásquez Urra Abogados Vásquez Urra Abogados is a Santiago-based dis - putes boutique focused on complex litigation and arbitration. The firm acts as counsel in international commercial arbitration, investment arbitration and high-stakes domestic arbitration, and also sits as arbitrator in selected matters. Its arbitration work covers ad hoc and institutional proceedings seated in Chile and abroad and governed by a range of sub - stantive laws. The practice is particularly active in post-M&A and shareholder disputes, construction

and infrastructure, energy and mining, regulated in - dustries, financial services, trade and cross-border commercial conflicts. The firm represents Chilean and foreign companies, investors and sovereign enti - ties, and regularly works with international law firms on multi-jurisdictional mandates. Related strengths in civil litigation and regulatory law support the arbitra - tion practice where court applications, set-aside pro - ceedings, enforcement issues and sector regulation intersect with the arbitral process. trade, financial regulation, constitutional and administrative law, and foreign investment, with vast experience in the resolution of complex conflicts. He previously served as Director of International, Trade Policy and Sustainable Development at the Ministry of Finance of Chile, National Director of Customs of Chile and Director of InvestChile.

Authors

Ricardo Vásquez is founding partner of Vásquez Urra Abogados and head of its litigation and arbitration practice. He acts as counsel in complex civil litigation, international commercial arbitration and

investment arbitration across energy, mining, construction, financial services, regulated industries and post-M&A disputes. His practice covers ad hoc and institutional arbitrations under the ICC, UNCITRAL, ICSID and CAM Santiago rules, seated in Chile and abroad. He also sits as arbitrator and is a member of the ICSID Panel of Arbitrators, the Beijing Arbitration Commission/Beijing International Arbitration Centre (BAC/BIAC) panel and the CAM Santiago list of arbitrators, among others.

Álvaro Jara Burotto is an attorney at Vásquez Urra Abogados who specialises in construction and infrastructure, commercial arbitration and international law. He dvises clients on contract drafting,

administration and strategic management for engineering, energy and infrastructure projects in Chile and across Central America. His experience in both contract management and dispute resolution enables him to provide strategic advice throughout the lifecycle of complex construction projects, from contract negotiation to arbitration. He has served as secretary to arbitral tribunals in arbitrations administered by CAM Santiago, and he is also professor of Private International Law and International Dispute Resolution.

Juan Araya Allende is an attorney at Vásquez Urra Abogados with over 20 years’ experience in regulatory and financial matters, specialising in litigation, national and international dispute resolution, negotiation,

mediation and arbitration in a wide range of industries. His professional practice focuses on the areas of public law, economic law, international

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