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Ricardo E. Ugarte

Partner in Chicago

Chair, International Arbitration Practice

Admissions

  • Illinois

Court Admissions

  • Northern District of Illinois
  • USCA - 9th Circuit

Education

Languages

  • French
  • Spanish
  • Italian

Ricardo Ugarte has nearly 30 years of litigation and international arbitration experience. His practice is focused on high-stakes international commercial arbitration as well as investment treaty arbitration for clients in a wide variety of industries, including oil and gas, power, renewable energy, mining/metals, financial services, telecommunications, pharmaceutical, and transportation.

Ricardo has a global disputes practice and currently divides his time between the firm’s Chicago and London offices. During the course of his practice, Ricardo has represented clients in disputes filed in the United States, Asia, Latin America, the Middle East, and numerous jurisdictions in Europe (including England, France, The Netherlands, Spain, Sweden, and Switzerland).

He has tried high-profile arbitrations, some with stakes well in excess of US$1 billion, and has appeared as counsel in UNCITRAL, ICC, ICSID, AAA-ICDR, and SCC arbitrations. He has represented clients in several areas of law, such as contract and commercial law, fraud, product liability, insurance coverage, and issues of criminal law that arise in civil disputes, as well as international law.

Ricardo is currently counsel of record in numerous investment and commercial arbitrations filed before ICSID, the ICC, and under the UNCITRAL Arbitration Rules. In light of his investment treaty experience, Ricardo was elected to serve on the ICC’s Task Force on Investor-State Arbitrations.

Honors & Awards

Ricardo is regularly recognized in the field of international arbitration by various publications. He has been recognized in The Best Lawyers in America© for International Arbitration since 2012, and was honored as “Lawyer of the Year in International Arbitration” by Best Lawyers® 2019. Ricardo is ranked by Who’s Who Legal for Arbitration and was included on the National Law Journal's ADR Champions 2017 list. He is regularly ranked in Chambers as well as The Legal 500 in numerous jurisdictions. Ricardo was listed under “Most Influential Minority Lawyers in Chicago” by Crain's Custom Media in 2017. 

In addition, he served as lead counsel in an international arbitration that was recognized as one of the “Biggest Defense Wins, 2011–2013” by The American Lawyer.

Credentials

Ricardo received a B.A., with general and special honors, from the University of Chicago in 1990 and a J.D. from Northwestern University School of Law in 1993.

Publications & Speaking Engagements

Publications

  • Co-authored “Recent US Federal Court Ruling Permits Discovery in Aid of CIETAC Proceeding,” The Recorder, April 21, 2020
  • Co-authored “Arbitration Proceedings In The Age Of Virtual Hearing Rooms,” Law360, April 9, 2020
  • Co-authored the Switzerland chapter in Global Arbitration Review Investment Treaty Arbitration Know-How, October 2013, 2014, and 2015
  • Co-authored “Pharmaceuticals: A New Frontier in Investment Treaty Arbitration,” Global Arbitration Review, September 6, 2013
  • Co-author of “Ensuring Party Equality in the Process of Designating Arbitrators in Multi-Party Arbitration,” Journal of International Arbitration, Vol. 27.1, February 2010

Speaking Engagements

  • Speaker, “Drafting Enforceable & Effective International Arbitration Clauses,” Washington University in St. Louis School of Law International Arbitration & Dispute Resolution Symposium, March 2019
  • Speaker, “Trends in International Arbitration and the Role of Dubai,” Dubai, May 2018
  • Speaker, “Important Trends in International Dispute Resolution,” ICDR Young & International, Chicago, April 2018
  • Speaker at National Law University in New Delhi on “Investment Arbitration,” September 2015
  • Key Note Speaker at Centre for Alternative Dispute Resolution in New Delhi on “Investment and Commercial Arbitration in India: Prospects and Challenges,” September 2015
  • Speaker, Basel Institute, Switzerland, “Investment Treaties: Additional Rights To Protect Against Unjust Foreign Tax Measures in Africa,” June 2015
  • Speaker, “CPR Administered Arbitration Rules for International Disputes,” Geneva, Switzerland, March 2015
  • Speaker, Belgrade, Serbia, “Investment Treaty Arbitration (Eastern Europe),” May 2014
  • Speaker, Geneva Session of Swiss Arbitration Association, “Latin American Perspectives on International  Commercial Arbitration,” May 2014
  • Guest Lecturer, Graduate Institute, Geneva, Switzerland, “Environmental Law Claims in the Context of Investment Arbitration,” March 2014
  • Speaker at the ICC Second Annual Conference on International Arbitration in the Middle East and North Africa, “Arbitrating Oil and Gas disputes in the Middle-East,” March 2014
  • Guest Lecturer, Loyola University, “Investment Treaty Arbitration: Jurisdictional Principles,” March 2013
  • Speaker regarding denial of benefits, abuse of rights, and forum shopping issues arising under International Investment Treaties at a seminar hosted by the United Nations and the Organization of American States, December 2012
  • Chair of panel at ICC’s Annual Miami Conference concerning International Arbitration in Latin America on the topic of arbitration costs, November 2012
  • Speaker re “Investor-State Arbitration: Effective Means to Resolve Disputes Between a Foreign Investor and the Host State,” hosted by Practising Law Institute, September 2011
  • Speaker re international commercial arbitration and investment treaty arbitration at seminar hosted by the Chamber of Commerce of Lima, Peru, October 2011
  • Speaker re “Investor-State arbitrations at invitation of counsel for ICSID,” sponsored by the University of Monterrey, Mexico, April 2011

Ricardo E. Ugarte

Partner in Chicago

Chair, International Arbitration Practice

Ricardo Ugarte has nearly 30 years of litigation and international arbitration experience. His practice is focused on high-stakes international commercial arbitration as well as investment treaty arbitration for clients in a wide variety of industries, including oil and gas, power, renewable energy, mining/metals, financial services, telecommunications, pharmaceutical, and transportation.

Ricardo has a global disputes practice and currently divides his time between the firm’s Chicago and London offices. During the course of his practice, Ricardo has represented clients in disputes filed in the United States, Asia, Latin America, the Middle East, and numerous jurisdictions in Europe (including England, France, The Netherlands, Spain, Sweden, and Switzerland).

He has tried high-profile arbitrations, some with stakes well in excess of US$1 billion, and has appeared as counsel in UNCITRAL, ICC, ICSID, AAA-ICDR, and SCC arbitrations. He has represented clients in several areas of law, such as contract and commercial law, fraud, product liability, insurance coverage, and issues of criminal law that arise in civil disputes, as well as international law.

Ricardo is currently counsel of record in numerous investment and commercial arbitrations filed before ICSID, the ICC, and under the UNCITRAL Arbitration Rules. In light of his investment treaty experience, Ricardo was elected to serve on the ICC’s Task Force on Investor-State Arbitrations.

Honors and Awards

Chambers Global
Chambers and Partners
Chambers Europe
Chambers and Partners
Legal
500
The Legal 500 United States
Legal
500
The Legal 500 Latin America
Legal
500
The Legal 500 Europe, Middle East & Africa
Legal
500
The Legal 500 United Kingdom
Best Lawyers
Best Lawyers in America
Lawyer of
the Year
The Best Lawyers in America©
2011-2013
Biggest
Defense Wins
The American Lawyer
Most Influential
Minority Lawyers
Chicago
Crain’s

Ricardo is regularly recognized in the field of international arbitration by various publications. He has been recognized in The Best Lawyers in America© for International Arbitration since 2012, and was honored as “Lawyer of the Year in International Arbitration” by Best Lawyers® 2019. Ricardo is ranked by Who’s Who Legal for Arbitration and was included on the National Law Journal's ADR Champions 2017 list. He is regularly ranked in Chambers as well as The Legal 500 in numerous jurisdictions. Ricardo was listed under “Most Influential Minority Lawyers in Chicago” by Crain's Custom Media in 2017. 

In addition, he served as lead counsel in an international arbitration that was recognized as one of the “Biggest Defense Wins, 2011–2013” by The American Lawyer.

Ricardo received a B.A., with general and special honors, from the University of Chicago in 1990 and a J.D. from Northwestern University School of Law in 1993.

Education

Northwestern University
JD, 1993
University of Chicago
BA, 1990

Admissions

IL
Illinois

Languages

fr
French
es
Spanish
it
Italian

Court Admissions

N.D.
Ill.
Northern District of Illinois
9th
Cir.
USCA - 9th Circuit

Publications

  • Co-authored “Recent US Federal Court Ruling Permits Discovery in Aid of CIETAC Proceeding,” The Recorder, April 21, 2020
  • Co-authored “Arbitration Proceedings In The Age Of Virtual Hearing Rooms,” Law360, April 9, 2020
  • Co-authored the Switzerland chapter in Global Arbitration Review Investment Treaty Arbitration Know-How, October 2013, 2014, and 2015
  • Co-authored “Pharmaceuticals: A New Frontier in Investment Treaty Arbitration,” Global Arbitration Review, September 6, 2013
  • Co-author of “Ensuring Party Equality in the Process of Designating Arbitrators in Multi-Party Arbitration,” Journal of International Arbitration, Vol. 27.1, February 2010

Speaking Engagements

  • Speaker, “Drafting Enforceable & Effective International Arbitration Clauses,” Washington University in St. Louis School of Law International Arbitration & Dispute Resolution Symposium, March 2019
  • Speaker, “Trends in International Arbitration and the Role of Dubai,” Dubai, May 2018
  • Speaker, “Important Trends in International Dispute Resolution,” ICDR Young & International, Chicago, April 2018
  • Speaker at National Law University in New Delhi on “Investment Arbitration,” September 2015
  • Key Note Speaker at Centre for Alternative Dispute Resolution in New Delhi on “Investment and Commercial Arbitration in India: Prospects and Challenges,” September 2015
  • Speaker, Basel Institute, Switzerland, “Investment Treaties: Additional Rights To Protect Against Unjust Foreign Tax Measures in Africa,” June 2015
  • Speaker, “CPR Administered Arbitration Rules for International Disputes,” Geneva, Switzerland, March 2015
  • Speaker, Belgrade, Serbia, “Investment Treaty Arbitration (Eastern Europe),” May 2014
  • Speaker, Geneva Session of Swiss Arbitration Association, “Latin American Perspectives on International  Commercial Arbitration,” May 2014
  • Guest Lecturer, Graduate Institute, Geneva, Switzerland, “Environmental Law Claims in the Context of Investment Arbitration,” March 2014
  • Speaker at the ICC Second Annual Conference on International Arbitration in the Middle East and North Africa, “Arbitrating Oil and Gas disputes in the Middle-East,” March 2014
  • Guest Lecturer, Loyola University, “Investment Treaty Arbitration: Jurisdictional Principles,” March 2013
  • Speaker regarding denial of benefits, abuse of rights, and forum shopping issues arising under International Investment Treaties at a seminar hosted by the United Nations and the Organization of American States, December 2012
  • Chair of panel at ICC’s Annual Miami Conference concerning International Arbitration in Latin America on the topic of arbitration costs, November 2012
  • Speaker re “Investor-State Arbitration: Effective Means to Resolve Disputes Between a Foreign Investor and the Host State,” hosted by Practising Law Institute, September 2011
  • Speaker re international commercial arbitration and investment treaty arbitration at seminar hosted by the Chamber of Commerce of Lima, Peru, October 2011
  • Speaker re “Investor-State arbitrations at invitation of counsel for ICSID,” sponsored by the University of Monterrey, Mexico, April 2011

Thought Leadership

Ricardo E. Ugarte

Capital Partner in Chicago and London

  • Email
  • Download vCard
  • +1 (312) 558 5600 (Chicago)
  • +44 (0)20 7011 8757 (London)
  • Email
  • Download vCard
  • +1 (312) 558 5600 (Chicago)
  • +44 (0)20 7011 8757 (London)

Admissions

  • Illinois

Court Admissions

  • Northern District of Illinois
  • USCA - 9th Circuit

Education

Ricardo Ugarte is a multi-lingual partner who focuses his practice on international arbitration, international litigation, and complex commercial litigation. He has advised a wide variety of clients, including oil and energy companies, financial institutions, telecom concerns, insurers, pharmaceutical companies, construction companies, manufacturers, and foreign sovereigns in a broad range of international disputes. During the course of Ricardo’s practice, he has counseled clients in international arbitrations and lawsuits filed in various fora in the U.S., Latin America, the Middle East, and Europe. He has tried high-profile arbitrations and has appeared as counsel in UNCITRAL arbitrations and arbitrations conducted under the auspices of the International Chamber of Commerce, the Stockholm Chamber of Commerce, ICSID, and the Permanent Court of Arbitration. Ricardo has counseled clients in several areas of law, such as contract and commercial law, fraud, product liability, insurance coverage, and issues of criminal law that arise in civil disputes.

Honors & Awards

Ricardo is regularly recognized in the field of international arbitration by various publications. He has been recognized in The Best Lawyers in America© for International Arbitration since 2012, and was honored as “Lawyer of the Year in International Arbitration” by Best Lawyers® 2019. Ricardo is ranked by Who’s Who Legal for Arbitration and was included on the National Law Journal's ADR Champions 2017 list. He is regularly ranked in Chambers as well as The Legal 500 in numerous jurisdictions. Ricardo was listed under “Most Influential Minority Lawyers in Chicago” by Crain's Custom Media in 2017. 

In addition, he served as lead counsel in an international arbitration that was recognized as one of the “Biggest Defense Wins, 2011–2013” by The American Lawyer.

Credentials

Ricardo received a B.A., with general and special honors, from the University of Chicago in 1990 and a J.D. from Northwestern University School of Law in 1993.

Publications & Speaking Engagements

Publications

  • Co-authored “Recent US Federal Court Ruling Permits Discovery in Aid of CIETAC Proceeding,” The Recorder, April 21, 2020
  • Co-authored “Arbitration Proceedings In The Age Of Virtual Hearing Rooms,” Law360, April 9, 2020
  • Co-authored the Switzerland chapter in Global Arbitration Review Investment Treaty Arbitration Know-How, October 2013, 2014, and 2015
  • Co-authored “Pharmaceuticals: A New Frontier in Investment Treaty Arbitration,” Global Arbitration Review, September 6, 2013
  • Co-author of “Ensuring Party Equality in the Process of Designating Arbitrators in Multi-Party Arbitration,” Journal of International Arbitration, Vol. 27.1, February 2010

Speaking Engagements

  • Speaker, “Drafting Enforceable & Effective International Arbitration Clauses,” Washington University in St. Louis School of Law International Arbitration & Dispute Resolution Symposium, March 2019
  • Speaker, “Trends in International Arbitration and the Role of Dubai,” Dubai, May 2018
  • Speaker, “Important Trends in International Dispute Resolution,” ICDR Young & International, Chicago, April 2018
  • Speaker at National Law University in New Delhi on “Investment Arbitration,” September 2015
  • Key Note Speaker at Centre for Alternative Dispute Resolution in New Delhi on “Investment and Commercial Arbitration in India: Prospects and Challenges,” September 2015
  • Speaker, Basel Institute, Switzerland, “Investment Treaties: Additional Rights To Protect Against Unjust Foreign Tax Measures in Africa,” June 2015
  • Speaker, “CPR Administered Arbitration Rules for International Disputes,” Geneva, Switzerland, March 2015
  • Speaker, Belgrade, Serbia, “Investment Treaty Arbitration (Eastern Europe),” May 2014
  • Speaker, Geneva Session of Swiss Arbitration Association, “Latin American Perspectives on International  Commercial Arbitration,” May 2014
  • Guest Lecturer, Graduate Institute, Geneva, Switzerland, “Environmental Law Claims in the Context of Investment Arbitration,” March 2014
  • Speaker at the ICC Second Annual Conference on International Arbitration in the Middle East and North Africa, “Arbitrating Oil and Gas disputes in the Middle-East,” March 2014
  • Guest Lecturer, Loyola University, “Investment Treaty Arbitration: Jurisdictional Principles,” March 2013
  • Speaker regarding denial of benefits, abuse of rights, and forum shopping issues arising under International Investment Treaties at a seminar hosted by the United Nations and the Organization of American States, December 2012
  • Chair of panel at ICC’s Annual Miami Conference concerning International Arbitration in Latin America on the topic of arbitration costs, November 2012
  • Speaker re “Investor-State Arbitration: Effective Means to Resolve Disputes Between a Foreign Investor and the Host State,” hosted by Practising Law Institute, September 2011
  • Speaker re international commercial arbitration and investment treaty arbitration at seminar hosted by the Chamber of Commerce of Lima, Peru, October 2011
  • Speaker re “Investor-State arbitrations at invitation of counsel for ICSID,” sponsored by the University of Monterrey, Mexico, April 2011

Ricardo E. Ugarte

Capital Partner in Chicago and London

  • Email
  • Download vCard
  • +1 (312) 558 5600 (Chicago)
  • +44 (0)20 7011 8757 (London)
  • Email
  • Download vCard
  • +1 (312) 558 5600 (Chicago)
  • +44 (0)20 7011 8757 (London)

Ricardo Ugarte is a multi-lingual partner who focuses his practice on international arbitration, international litigation, and complex commercial litigation. He has advised a wide variety of clients, including oil and energy companies, financial institutions, telecom concerns, insurers, pharmaceutical companies, construction companies, manufacturers, and foreign sovereigns in a broad range of international disputes. During the course of Ricardo’s practice, he has counseled clients in international arbitrations and lawsuits filed in various fora in the U.S., Latin America, the Middle East, and Europe. He has tried high-profile arbitrations and has appeared as counsel in UNCITRAL arbitrations and arbitrations conducted under the auspices of the International Chamber of Commerce, the Stockholm Chamber of Commerce, ICSID, and the Permanent Court of Arbitration. Ricardo has counseled clients in several areas of law, such as contract and commercial law, fraud, product liability, insurance coverage, and issues of criminal law that arise in civil disputes.

Honors and Awards

Chambers Global
Chambers and Partners
Chambers Europe
Chambers and Partners
Legal
500
The Legal 500 United States
Legal
500
The Legal 500 Latin America
Legal
500
The Legal 500 Europe, Middle East & Africa
Legal
500
The Legal 500 United Kingdom
Best Lawyers
Best Lawyers in America
Lawyer of
the Year
The Best Lawyers in America©
2011-2013
Biggest
Defense Wins
The American Lawyer
Most Influential
Minority Lawyers
Chicago
Crain’s

Ricardo is regularly recognized in the field of international arbitration by various publications. He has been recognized in The Best Lawyers in America© for International Arbitration since 2012, and was honored as “Lawyer of the Year in International Arbitration” by Best Lawyers® 2019. Ricardo is ranked by Who’s Who Legal for Arbitration and was included on the National Law Journal's ADR Champions 2017 list. He is regularly ranked in Chambers as well as The Legal 500 in numerous jurisdictions. Ricardo was listed under “Most Influential Minority Lawyers in Chicago” by Crain's Custom Media in 2017. 

In addition, he served as lead counsel in an international arbitration that was recognized as one of the “Biggest Defense Wins, 2011–2013” by The American Lawyer.

Ricardo received a B.A., with general and special honors, from the University of Chicago in 1990 and a J.D. from Northwestern University School of Law in 1993.

Education

Northwestern University
JD, 1993
University of Chicago
BA, 1990

Admissions

IL
Illinois

Languages

fr
French
es
Spanish
it
Italian

Court Admissions

N.D.
Ill.
Northern District of Illinois
9th
Cir.
USCA - 9th Circuit

Publications

  • Co-authored “Recent US Federal Court Ruling Permits Discovery in Aid of CIETAC Proceeding,” The Recorder, April 21, 2020
  • Co-authored “Arbitration Proceedings In The Age Of Virtual Hearing Rooms,” Law360, April 9, 2020
  • Co-authored the Switzerland chapter in Global Arbitration Review Investment Treaty Arbitration Know-How, October 2013, 2014, and 2015
  • Co-authored “Pharmaceuticals: A New Frontier in Investment Treaty Arbitration,” Global Arbitration Review, September 6, 2013
  • Co-author of “Ensuring Party Equality in the Process of Designating Arbitrators in Multi-Party Arbitration,” Journal of International Arbitration, Vol. 27.1, February 2010

Speaking Engagements

  • Speaker, “Drafting Enforceable & Effective International Arbitration Clauses,” Washington University in St. Louis School of Law International Arbitration & Dispute Resolution Symposium, March 2019
  • Speaker, “Trends in International Arbitration and the Role of Dubai,” Dubai, May 2018
  • Speaker, “Important Trends in International Dispute Resolution,” ICDR Young & International, Chicago, April 2018
  • Speaker at National Law University in New Delhi on “Investment Arbitration,” September 2015
  • Key Note Speaker at Centre for Alternative Dispute Resolution in New Delhi on “Investment and Commercial Arbitration in India: Prospects and Challenges,” September 2015
  • Speaker, Basel Institute, Switzerland, “Investment Treaties: Additional Rights To Protect Against Unjust Foreign Tax Measures in Africa,” June 2015
  • Speaker, “CPR Administered Arbitration Rules for International Disputes,” Geneva, Switzerland, March 2015
  • Speaker, Belgrade, Serbia, “Investment Treaty Arbitration (Eastern Europe),” May 2014
  • Speaker, Geneva Session of Swiss Arbitration Association, “Latin American Perspectives on International  Commercial Arbitration,” May 2014
  • Guest Lecturer, Graduate Institute, Geneva, Switzerland, “Environmental Law Claims in the Context of Investment Arbitration,” March 2014
  • Speaker at the ICC Second Annual Conference on International Arbitration in the Middle East and North Africa, “Arbitrating Oil and Gas disputes in the Middle-East,” March 2014
  • Guest Lecturer, Loyola University, “Investment Treaty Arbitration: Jurisdictional Principles,” March 2013
  • Speaker regarding denial of benefits, abuse of rights, and forum shopping issues arising under International Investment Treaties at a seminar hosted by the United Nations and the Organization of American States, December 2012
  • Chair of panel at ICC’s Annual Miami Conference concerning International Arbitration in Latin America on the topic of arbitration costs, November 2012
  • Speaker re “Investor-State Arbitration: Effective Means to Resolve Disputes Between a Foreign Investor and the Host State,” hosted by Practising Law Institute, September 2011
  • Speaker re international commercial arbitration and investment treaty arbitration at seminar hosted by the Chamber of Commerce of Lima, Peru, October 2011
  • Speaker re “Investor-State arbitrations at invitation of counsel for ICSID,” sponsored by the University of Monterrey, Mexico, April 2011