Ignacio Wernicke

Ignacio is an associate in our Buenos Aires office. Before joining Dechamps International Law, he worked in the dispute resolution department of two Argentine law firms and in a National Commercial Court in Buenos Aires.

Ignacio is the current head coach of the University of Buenos Aires’ team for the Willem C. Vis International Commercial Arbitration Moot 2023-2024. He was also part of the Case Committee in charge of preparing the case of the 2023 edition of the Cross-Examination Moot competition.

• Representing Latin American Regional Aviation Holding S. de R.L. in an ICSID arbitration against Uruguay (ICSID Case No. ARB/19/16) under the Panama-Uruguay BIT. Claim related to measures taken by Uruguay that affected the claimant’s investment in Pluna Líneas Aéreas Uruguayas S.A., a local airline. The arbitral tribunal rendered an award in favour of our client for over US$ 50 million.
• Representing Romania in an ICSID arbitration initiated by Fin.Doc S.r.l. and others (ICSID Case No. ARB/20/35) under the Energy Charter Treaty. Claim related to measures allegedly taken by Romania in the renewable energy sector. The arbitral tribunal dismissed all the claims on the merits and ordered the claimants to reimburse half of Romania’s costs.
• Representing Diamante Trading Investments Ltd. and others in an UNCITRAL arbitration against Venezuela (PCA Case No. 2019-49) under the Barbados-Venezuela and Spain-Venezuela BITs. Claim related to measures taken by Venezuela that affected the claimants’ investments in the food distribution sector. The amount in dispute is over US$100 million. The arbitration is ongoing.
• Representing Deutsche Lufthansa AG in an UNCITRAL arbitration against Venezuela (PCA Case No. 2022-03) under the Germany-Venezuela BIT. Claim related to measures taken by Venezuela that affected the company’s investments in the airline industry. The amount in dispute is over US$280 million. The arbitration is ongoing.
• Representing a global nuclear power plant constructor in an ICC arbitration arising out of the termination of an EPC contract. The arbitration is ongoing. The amount in dispute is confidential.
• Representing EcuadorTLC in an UNCITRAL arbitration against Ecuador. Claim related to the early termination of two oil contracts (Ecuadorian law). The amount in dispute is confidential. The arbitration is ongoing.
• Representing an Argentine company in a CEMA arbitration against another Argentine company in its claim concerning violations of a natural gas supply contract (Argentine law). The arbitral tribunal rendered an award in favour of our client upholding its claim in full plus full costs and rejecting the counterclaim filed by the counterparty. The award is confidential.