International Arbitration Guide
Describe the international arbitration governing bodies/structure in your jurisdiction.
Paraguay is an arbitration-friendly jurisdiction, starting with provisions of its Constitution.
Paraguay also ratified several international instruments, which impact directly or indirectly on arbitration. A key milestone of the country’s openness towards international arbitration was the ratification of the New York Convention of 1958.
At a legislative level, Paraguay enacted Law 1879/2002 on Arbitration and Mediation, inspired almost in its entirety by the UNCITRAL Model Law.
Describe any unique circumstances in your country that affect international arbitration (i.e., change in government, etc.).
The judicial procedure continues to be the most common option for dispute resolution, largely due to the lack of knowledge on the part of many about the virtues of arbitration. However, arbitration has had great growth in recent years.
Please provide a brief overview of your firms international arbitration capabilities (team members, experience as litigators in arbitration as well as experience as arbitrators).
Altra Legal was founded in 2014 and quickly gained a leading position in the Paraguayan legal market. With unique expertise in International Arbitration, Altra Legal is the only Paraguayan law firm with a genuinely international dispute resolution practice.
Our team members represent clients or act as arbitrators in several ICSID, Permanent Court of Arbitration, ICC, and sports arbitration cases, as well as before the Paraguayan Chamber of Commerce Arbitration Centre (CAMP).
In which areas does your firm handle arbitration? (i.e., international investment, infrastructure, public works, energy, construction, etc.)
International investment, construction, infrastructure, public works, transportation, intellectual property, oil and gas, agriculture and livestock, banking, among others.
Which industries does your firm serve in this area (i.e., energy, insurance, public concessions, etc.)?
Energy, Oil and Gas, Construction, Investment, Transportation, Banking, IP, Public concessions, among others.
Does your firm provide lawyer representation or certified arbitrator resources, or both? Please describe.
Altra Legal provides lawyer representation and certified arbitrator resources in several arbitral institutions such as ICSID, ICC, AMCHAM, TAS, CCL, PCA, CAMP (Centro de Arbitraje y Mediacian Paraguay), among others. Further, we represent clients and act as arbitrators in ad hoc cases.