The Legal 500

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AV ISIDORA GOYENECHEA 2800, FLOOR 43, LAS CONDES, SANTIAGO, PO 755-0647, CHILE
Tel:
Work +56 2 2928 2200
Email:
Web:
www.carey.cl

Chile

Banking and finance
Banking and finance - ranked: tier 1

Carey

Carey’s ‘high-quality team always does an excellent job and gets transactions closed on time and on the best terms possible’. It is widely respected for its assistance to domestic and foreign clients with bilateral and syndicated loans; liability management; public and private offerings and placements of capital and debt; securitisation; project financing; and structured products. Recent matters include advising Aela Energía, as borrower, on a long-term $435m loan to finance the construction of two wind farms. On the lender side, the team acted for Banco Security, Compañía de Seguros de Vida Consorcio Nacional de Seguros, and CN Life Compañía de Seguros de Vida in the granting of three credit line agreements for the financing of three photovoltaic solar plants; and also advised Export Development Canada on a $300m loan agreement to Codelco. Other headline matters saw the practice assist JP Morgan Securities and Merrill Lynch, as initial purchasers, on a $1bn senior notes issue by Cencosud (guaranteed by Cencosud Retail); while on the regulatory side, it advised City National Bank of Florida (and parent company BCI), on obtaining regulatory approval for the establishment and operation of leasing subsidiary City National Capital Finance from the Chilean Superintendency of Banks and Financial Institutions (SBIF) and the Central Bank of Chile. The department is led by Diego Peralta, who ‘has deep knowledge of Chile’s banking system and is always well informed of the latest developments in the legal banking sector’; Felipe Moro, ‘an excellent lawyer with great knowledge of project finance and who is great at identifying potential risks to sponsors at early stages’; and Francisco Ugarte who has a broader corporate finance and private equity profile. Other names to note are Francisco Guzmán and counsel Patricia Silberman while at the associate level Fernando Noriega, Diego Lasagna and Alejandra Daroch are notable lawyers.

Leading lawyers

Diego Peralta - Carey

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 1

Carey

Carey’s ‘level of service is excellent and the team is very skilful’. The antitrust practice group handles merger control, collusion, abuse of dominance and compliance; has extensive experience representing domestic and international clients in litigation before the Antitrust Court (TDLC) and the Supreme Court, and in investigations before the National Economic Prosecutor (FNE); and regularly represents clients in regulatory matters. Recent headline work includes defending Cencosud in an investigation against three supermarkets for alleged price-fixing by the National Economic Prosecutor (FNE). It also assisted Maersk Line A/S and Hamburg Süd, which recently merged, in a concentration proceeding before the FNE; this was one of the first concentration proceedings before the authority under the new merger control regime that came into force in 2017. The co-department heads are Claudio Lizana, who ‘has the expertise to anticipate possible problems and deal with them in advance’, and Lorena Pavic. Francisca Levin, José Pardo, Camila Albornoz and Carolina Veas are experienced associates.

Leading lawyers

Claudio Lizana - Carey

Lorena Pavic - Carey

[back to top]

Corporate and M&A (including compliance)
Corporate and M&A (including compliance) - ranked: tier 1

Carey

Absolutely a top-tier law firm for M&A’, Carey is widely respected for its experience in structuring M&A deals. The practice advises multinationals, funds and foreign companies investing in the country, along with local companies expanding their businesses in Chile and the region, on the full range of transactional matters and company law. It can assemble multidisciplinary teams so as to manage issues such as tax structuring, financing and corporate governance issues, as well as handling the establishment of partnerships, joint ventures and strategic alliances. The firm also fields lawyers with sector expertise in mining, infrastructure, energy, and finance, as well as construction, healthcare, telecoms and aquaculture. Headline work saw managing partner Jaime Carey team up with Cristián Eyzaguirre and Francisco Guzmán to advise UnitedHealth Group on its $2.7bn acquisition of Chilean healthcare company, Banmédica, which has a presence in Chile, Colombia and Peru. ‘Well known in the market’, Salvador Valdés assisted Brookfield Asset Management with the $1.3bn sale of its 27.8% stake in Transelec to China Southern Power Grid International, a state-owned company. Other key matters include advising Scotiabank on its $2.2bn acquisition of a majority stake of BBVA Chile, which saw Scotiabank become the third largest private-sector bank in Chile. Claudio Lizana, Pablo Iacobelli and Guillermo Acuña are also highly rated, along with Marcos Ríos, the ‘inestimableJorge Carey, Francisco Ugarte, Jorge Ugarte, and Cristián Figueroa, who is ‘a very capable lawyer’. Patricia Silberman is a key counsel.

Leading lawyers

Cristián Eyzaguirre - Carey

Jaime Carey - Carey

Pablo Iacobelli - Carey

Salvador Valdés - Carey

Next generation lawyers

Francisco Guzmán - Carey

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 1

Carey

Carey’s ‘level of service is extraordinary; it is at the highest possible level for international standards’. The practice is highly rated for complex litigation and arbitration; recent highlights include acting for major Spanish construction company, Sacyr, in a series of highway construction concessions-related claims and associated proceedings against the Ministry of Public Works; it also successfully advised Chilean real estate and construction company, Inmobiliaria Paz, in a $30m dispute with Inversiones Traf, regarding a promissory real estate sales agreement. On the arbitral front, the team is currently representing G&M and Adexus in three separate cases, along with handling associated counterclaims for damages. Gonzalo Fernández is ‘an outstanding professional, whose level of commitment, dedication and trust he inspires in clients is difficult to replicate in other professionals’; and Aldo Molinari is ‘an excellent litigator’. Ricardo Reveco is also highly rated. Ricardo Reveco handles civil, commercial, administrative and environmental cases and is highly rated; and Juan Carlos Riesco was raised to the partnership.Other active clients include Formula E, Wenco, Enel, Barrick Gold and Ewos.

Leading lawyers

Gonzalo Fernández - Carey

[back to top]

Environment
Environment - ranked: tier 1

Carey

Carey’s full-service environmental, indigenous and regulatory practice is highly rated for large, complex matters in areas such as mining, non-conventional renewable energy and aquaculture; and the environmental litigation team regularly works alongside the firm’s disputes resolution group on administrative disputes. Highlights included advising Hidronor, which operates in the industrial waste sector, on strategic environmental analysis and associated advice concerning the development of a new phase of the largest security landfill for industrial waste in southern Chile. In contentious matters, the team defended concrete producer Melón against a claim for alleged environmental contamination damage filed by fishing organisations. Alberto Cardemil is highly rated; Rafael Vergara has vast experience in regulatory and environmental evaluation procedures, due diligence and audits; and counsel Felipe Meneses focuses on environmental and indigenous law, territorial planning and regulatory matters, including complex administrative disputes and litigation.

Leading lawyers

Rafael Vergara - Carey

Next generation lawyers

Felipe Meneses - Carey

[back to top]

Insurance
Insurance - ranked: tier 1

Carey

Carey’s practice covers regulatory advice (including the incorporation and registration of insurance, reinsurance and broker companies), complex dispute resolution and loss adjustment procedures. In addition, the team assists regulated entities with their relations with the insurance regulator; advises on corporate governance and significant bet-the-company litigation; and acts for lenders and borrowers in the structuring of their project finance insurance and reinsurance packages. Recent highlights include advising Parque Arauco on the insurance programme review of its assets in Chile, Peru and Colombia; and assisting Scotiabank with the insurance aspects of its formal offer to acquire Spanish bank BBVA, along with its related local life insurance company and insurance brokerage entity. The team also advised Integro Insurance Brokers on the renewal of its professional indemnity policy; and assisted Starbucks Coffee Chile with the loss-adjustment process surrounding a major damages and business interruption claim caused by flooding in Santiago. Marcos Ríos, Pablo Iacobelli and Matías Vergara are the key advisers.

Next generation lawyers

Matías Vergara - Carey

[back to top]

Intellectual property
Intellectual property - ranked: tier 1

Carey

Carey is highly rated for its prosecution and litigation experience involving trade marks and industrial designs, geographical indications, designations of origin, plant varieties, and domain names; and the firm has handled some of Chile’s most significant patent infringement cases of recent years. Other areas of strength include pharmaceutical regulatory matters, copyright, anti-counterfeiting, licensing, labelling and advertisements, and IP management. Key work includes advising Universidad Católica, one of the most prestigious universities in Chile, on protecting its patent portfolio in Chile; and assisting Wenco, through a subsidiary, with the defence of a civil action filed by Austral Plastic, claiming infringement of a design patent. The practice also successfully defended G2 Fiscalía Privada, a major local private investigation company, against a trade mark opposition matter. Other active clients include Adidas, Nestlé, Pfizer, PepsiCo and Bristol Mayers Squibb. Guillermo Carey is ‘an excellent attorney’; and Francisco Carey, and counsels Fernando García and Paulina Silva are also names to note.

Leading lawyers

Guillermo Carey - Carey

Next generation lawyers

Fernando García - Carey

[back to top]

Labour and employment
Labour and employment - ranked: tier 1

Carey

Carey advises national and multinational companies on hirings, compensation packages, terminations, labour law-related auditing, and labour due diligence for M&A deals. Other areas of expertise include internal investigations, social security-related matters and employee taxation, and the practice is regularly involved in collective bargaining procedures, labour law litigation and immigration matters. The team recently advised M&A and private equity consulting firm Mesoamerica on the labour and employment due diligence procedures surrounding the acquisition of a majority stake in Unifood; and acted for Deloitte Auditores y Consultores in a complex collective bargaining procedure with a union representing some 640 employees. Department head Oscar Aitken and Francisca Corti, along with associate Francisco Arce, are the key names.

Leading lawyers

Oscar Aitken - Carey

Next generation lawyers

Francisca Corti - Carey

[back to top]

Projects and infrastructure
Projects and infrastructure - ranked: tier 1

Carey

Carey has significant experience in industry sectors such as mining, shipyards, ports and airports, hospitals, and real estate, as well as in power and renewable energy – including wind, solar and hydro power. Recent highlight mandates include advising Asociación Chilena de Seguridad on the legal structuring of a major hospital expansion project; and assisting a major power transmission line company with the project finance for transmission lines and substation construction projects. Rafael Vergara, Oscar Aitken and Juan Francisco Mackenna are all highly active and well regarded, as are Alberto Cardemil, José Miguel Bustamante, and Juan Pablo Stitchkin; Felipe Moro is singled-out as ‘a very good lawyer who has great understanding of his clients’ needs’;

Leading lawyers

Rafael Vergara - Carey

[back to top]

Public law
Public law - ranked: tier 1

Carey

Carey’s public law group is experienced in administrative and constitutional litigation as well as advising on constitutional rights, public procurement issues, regulatory compliance, and legislative and regulatory enactment. The team frequently acts before the Public Procurement Court, the Constitutional Court, the Transparency Council and the General Comptroller of the Republic (GCR); indeed recent work included assistance to Red Salud UC Christus with the preparation and filing of objections (and associated hearings before the GCR) against administrative acts issued by the Superintendence of Health. The ‘very capableLorena Pavic is department head; Ignacio Gillmore is also highly rated.

[back to top]

Real estate
Real estate - ranked: tier 1

Carey

Carey has broad experience in the development, financing, construction and sale of real estate projects, including residential, commercial and industrial property, as well as projects involving mining, energy, hotels, casinos, shopping centres and office buildings. Representative advice typically includes corporate, regulatory and tax structuring issues and the assessment of potential dispute resolution claims. Recent mandates saw the team act for high-profile real estate developer Sencorp in the negotiation of joint venture agreements entered into with a pension fund administrator for the development of a combined office-and-commercial project in Santiago. The recommended names are Oscar Aitken, Juan Pablo Stitchkin and practice director Eduardo Martin.

Next generation lawyers

[back to top]

TMT
TMT - ranked: tier 1

Carey

Carey fields a group of lawyers who are highly specialised in telecoms media, technology, internet, data protection, artificial intelligence, cybersecurity, crypto currencies and IT matters. Work highlights include advising British Telecoms on the day-to-day regulatory and labour aspects of its activities in Chile, including electronic signature issues and telecoms’ concession applications. The team also acted for Motorola Mobility in litigation proceedings against Scale, its main marketing contractor. Alfonso Silva, who is ‘singled out for seeing the big picture’, is recommended for the regulatory and transactional aspects of the telecoms sector; and Eduardo Martin is director of regulatory matters. Other active clients include WOM (formerly known as Nextel Chile), VTR GlobalCom, Timwe, Nintendo Corporation and Zerofox.

Leading lawyers

Alfonso Silva - Carey

Next generation lawyers

Eduardo Martin - Carey

[back to top]

Tax
Tax - ranked: tier 1

Carey

Carey’s managing partner Jaime Carey and Jessica Power advise domestic and foreign clients on personal and corporate tax planning, as well as local and international tax consulting. The team assisted international spirits company Bacardi with the tax aspects of the sale of its Chilean and Uruguayan subsidiaries to Argentine beverage company, Cepas Group; advised Chilean real estate company Sencorp on the sale of real estate assets, which involved several VAT issues; and acted for Graña y Montero on the tax aspects of the sale of Chilean subsidiary CAM Chile. Alejandra Risso and Mariela Riquelme are key tax and audit directors. Additional active clients include UnitedHealth, Scotiabank, Codelco, Siemens and Air Products.

Leading lawyers

Jessica Power - Carey

[back to top]

Chile: Energy and natural resources

Electricity/oil and gas
Energy and natural resources: electricity - ranked: tier 1

Carey

Energy and natural resources: oil and gas - ranked: tier 1

Carey

Carey’s ‘does an outstanding job across the board; the team always ensures the right lawyers are available to answer clients’ questions and provides a very high level of Chilean legal knowledge’. The firm’s broad practice covers oil and gas, transmission and distribution matters, and energy project development, including tender processes for power supply and transmission infrastructure, and litigious and regulatory matters. Other areas of strength include land rights, electric and maritime concessions, indigenous affairs and water rights. Recent transactional highlights include advising Masisa on the $15m sale of its CoGen power plant to Neoelectra, which included both biomass and water supply agreements; and acting for Sonnedix Chile Holding on the $11.8m acquisition of a majority stake in Cox Energy Chile. Juan Francisco Mackenna, José Miguel Bustamante, and water law specialist Alberto Cardemil are the names to note.

Leading lawyers

José Miguel Bustamante - Carey

[back to top]

Mining
Energy and natural resources: mining - ranked: tier 1

Carey

Carey advises foreign and local mining companies, sponsors and lenders on significant mining projects. The practice group’s scope ranges across metallic and non-metallic mining sectors, and handles mining, water, and land use rights, as well as environmental, community and technical and regulatory issues. It recently advised Codelco on the development of its Radomiro Tomic copper project in northern Chile; and advised Kinross on the constitution of a group of mining concessions. Other highlights include advising Teck Quebrada Blanca on the expansion of its hypogene project; the assistance included mining legal easements litigation against the State to obtain the right to use surface land for additional project expansion and new facilities. Rafael Vergara and Alberto Cardemil are ‘truly fantastic’; and Francisco Corona is a key counsel.

Leading lawyers

Rafael Vergara - Carey

[back to top]

Latin America: International firms

Local practitioners of note (by country)

Francisco Orrego Vicuña at London barristers’ chambers 20 Essex Street is highly regarded as ‘one of the world’s leading arbitrators’; he has a wealth of knowledge and experience of handling disputes involving Latin American parties, as well as those relating to Europe, the Middle East and Africa. He is also on the ICDR’s Energy Arbitrators List. Andrés Jana at Bofill, Mir & Álvarez Jana regularly acts as a member or delegate in major arbitral forums, including UNCITRAL, the ICC, ICSID and the ICIA. Jana is ‘not only incredibly experienced in international arbitration, but also has brilliant legal mind and an outstanding knowledge of Chilean procedural law’. At Carey, Gonzalo Fernández and Aldo Molinari recently represented Sacyr Vallehermoso in a series of disputes with the Ministry of Public Works relating to the construction of highways; Fernández was appointed as Chile’s representative at the Paris-based International Court of Arbitration in July 2018. Yrarrázaval, Ruiz-Tagle, Goldenberg, Lagos & Silva’s Arturo Yrarrázaval is a highly-regarded arbitrator. At Claro & Cia., Nicolás Luco has notable expertise in the energy and mining sectors, and Felipe Ossa is experienced in the energy and banking industry arbitrations. Other notable names include Pedro Pablo Gutiérrez at Gutiérrez, Waugh, Jimeno & Asenjo, Cristián Conejero Roos at Philippi Prietocarrizosa Ferrero DU & Uría and Esteban Ovalle at Ovalle Gazzana Bulnes Abogados. Carlos Eugenio Jorquiera serves as president of the Centre for Arbitration and Mediation at the Santiago Chamber of Commerce.

[back to top]



Chile

Banking and finance
Banking and finance - ranked: tier 1

Carey

Carey’s ‘high-quality team always does an excellent job and gets transactions closed on time and on the best terms possible’. It is widely respected for its assistance to domestic and foreign clients with bilateral and syndicated loans; liability management; public and private offerings and placements of capital and debt; securitisation; project financing; and structured products. Recent matters include advising Aela Energía, as borrower, on a long-term $435m loan to finance the construction of two wind farms. On the lender side, the team acted for Banco Security, Compañía de Seguros de Vida Consorcio Nacional de Seguros, and CN Life Compañía de Seguros de Vida in the granting of three credit line agreements for the financing of three photovoltaic solar plants; and also advised Export Development Canada on a $300m loan agreement to Codelco. Other headline matters saw the practice assist JP Morgan Securities and Merrill Lynch, as initial purchasers, on a $1bn senior notes issue by Cencosud (guaranteed by Cencosud Retail); while on the regulatory side, it advised City National Bank of Florida (and parent company BCI), on obtaining regulatory approval for the establishment and operation of leasing subsidiary City National Capital Finance from the Chilean Superintendency of Banks and Financial Institutions (SBIF) and the Central Bank of Chile. The department is led by Diego Peralta, who ‘has deep knowledge of Chile’s banking system and is always well informed of the latest developments in the legal banking sector’; Felipe Moro, ‘an excellent lawyer with great knowledge of project finance and who is great at identifying potential risks to sponsors at early stages’; and Francisco Ugarte who has a broader corporate finance and private equity profile. Other names to note are Francisco Guzmán and counsel Patricia Silberman while at the associate level Fernando Noriega, Diego Lasagna and Alejandra Daroch are notable lawyers.

Leading lawyers

Diego Peralta - Carey

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 1

Carey

Carey’s ‘level of service is excellent and the team is very skilful’. The antitrust practice group handles merger control, collusion, abuse of dominance and compliance; has extensive experience representing domestic and international clients in litigation before the Antitrust Court (TDLC) and the Supreme Court, and in investigations before the National Economic Prosecutor (FNE); and regularly represents clients in regulatory matters. Recent headline work includes defending Cencosud in an investigation against three supermarkets for alleged price-fixing by the National Economic Prosecutor (FNE). It also assisted Maersk Line A/S and Hamburg Süd, which recently merged, in a concentration proceeding before the FNE; this was one of the first concentration proceedings before the authority under the new merger control regime that came into force in 2017. The co-department heads are Claudio Lizana, who ‘has the expertise to anticipate possible problems and deal with them in advance’, and Lorena Pavic. Francisca Levin, José Pardo, Camila Albornoz and Carolina Veas are experienced associates.

Leading lawyers

Claudio Lizana - Carey

Lorena Pavic - Carey

[back to top]

Corporate and M&A (including compliance)
Corporate and M&A (including compliance) - ranked: tier 1

Carey

Absolutely a top-tier law firm for M&A’, Carey is widely respected for its experience in structuring M&A deals. The practice advises multinationals, funds and foreign companies investing in the country, along with local companies expanding their businesses in Chile and the region, on the full range of transactional matters and company law. It can assemble multidisciplinary teams so as to manage issues such as tax structuring, financing and corporate governance issues, as well as handling the establishment of partnerships, joint ventures and strategic alliances. The firm also fields lawyers with sector expertise in mining, infrastructure, energy, and finance, as well as construction, healthcare, telecoms and aquaculture. Headline work saw managing partner Jaime Carey team up with Cristián Eyzaguirre and Francisco Guzmán to advise UnitedHealth Group on its $2.7bn acquisition of Chilean healthcare company, Banmédica, which has a presence in Chile, Colombia and Peru. ‘Well known in the market’, Salvador Valdés assisted Brookfield Asset Management with the $1.3bn sale of its 27.8% stake in Transelec to China Southern Power Grid International, a state-owned company. Other key matters include advising Scotiabank on its $2.2bn acquisition of a majority stake of BBVA Chile, which saw Scotiabank become the third largest private-sector bank in Chile. Claudio Lizana, Pablo Iacobelli and Guillermo Acuña are also highly rated, along with Marcos Ríos, the ‘inestimableJorge Carey, Francisco Ugarte, Jorge Ugarte, and Cristián Figueroa, who is ‘a very capable lawyer’. Patricia Silberman is a key counsel.

Leading lawyers

Cristián Eyzaguirre - Carey

Jaime Carey - Carey

Pablo Iacobelli - Carey

Salvador Valdés - Carey

Next generation lawyers

Francisco Guzmán - Carey

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 1

Carey

Carey’s ‘level of service is extraordinary; it is at the highest possible level for international standards’. The practice is highly rated for complex litigation and arbitration; recent highlights include acting for major Spanish construction company, Sacyr, in a series of highway construction concessions-related claims and associated proceedings against the Ministry of Public Works; it also successfully advised Chilean real estate and construction company, Inmobiliaria Paz, in a $30m dispute with Inversiones Traf, regarding a promissory real estate sales agreement. On the arbitral front, the team is currently representing G&M and Adexus in three separate cases, along with handling associated counterclaims for damages. Gonzalo Fernández is ‘an outstanding professional, whose level of commitment, dedication and trust he inspires in clients is difficult to replicate in other professionals’; and Aldo Molinari is ‘an excellent litigator’. Ricardo Reveco is also highly rated. Ricardo Reveco handles civil, commercial, administrative and environmental cases and is highly rated; and Juan Carlos Riesco was raised to the partnership.Other active clients include Formula E, Wenco, Enel, Barrick Gold and Ewos.

Leading lawyers

Gonzalo Fernández - Carey

[back to top]

Environment
Environment - ranked: tier 1

Carey

Carey’s full-service environmental, indigenous and regulatory practice is highly rated for large, complex matters in areas such as mining, non-conventional renewable energy and aquaculture; and the environmental litigation team regularly works alongside the firm’s disputes resolution group on administrative disputes. Highlights included advising Hidronor, which operates in the industrial waste sector, on strategic environmental analysis and associated advice concerning the development of a new phase of the largest security landfill for industrial waste in southern Chile. In contentious matters, the team defended concrete producer Melón against a claim for alleged environmental contamination damage filed by fishing organisations. Alberto Cardemil is highly rated; Rafael Vergara has vast experience in regulatory and environmental evaluation procedures, due diligence and audits; and counsel Felipe Meneses focuses on environmental and indigenous law, territorial planning and regulatory matters, including complex administrative disputes and litigation.

Leading lawyers

Rafael Vergara - Carey

Next generation lawyers

Felipe Meneses - Carey

[back to top]

Insurance
Insurance - ranked: tier 1

Carey

Carey’s practice covers regulatory advice (including the incorporation and registration of insurance, reinsurance and broker companies), complex dispute resolution and loss adjustment procedures. In addition, the team assists regulated entities with their relations with the insurance regulator; advises on corporate governance and significant bet-the-company litigation; and acts for lenders and borrowers in the structuring of their project finance insurance and reinsurance packages. Recent highlights include advising Parque Arauco on the insurance programme review of its assets in Chile, Peru and Colombia; and assisting Scotiabank with the insurance aspects of its formal offer to acquire Spanish bank BBVA, along with its related local life insurance company and insurance brokerage entity. The team also advised Integro Insurance Brokers on the renewal of its professional indemnity policy; and assisted Starbucks Coffee Chile with the loss-adjustment process surrounding a major damages and business interruption claim caused by flooding in Santiago. Marcos Ríos, Pablo Iacobelli and Matías Vergara are the key advisers.

Next generation lawyers

Matías Vergara - Carey

[back to top]

Intellectual property
Intellectual property - ranked: tier 1

Carey

Carey is highly rated for its prosecution and litigation experience involving trade marks and industrial designs, geographical indications, designations of origin, plant varieties, and domain names; and the firm has handled some of Chile’s most significant patent infringement cases of recent years. Other areas of strength include pharmaceutical regulatory matters, copyright, anti-counterfeiting, licensing, labelling and advertisements, and IP management. Key work includes advising Universidad Católica, one of the most prestigious universities in Chile, on protecting its patent portfolio in Chile; and assisting Wenco, through a subsidiary, with the defence of a civil action filed by Austral Plastic, claiming infringement of a design patent. The practice also successfully defended G2 Fiscalía Privada, a major local private investigation company, against a trade mark opposition matter. Other active clients include Adidas, Nestlé, Pfizer, PepsiCo and Bristol Mayers Squibb. Guillermo Carey is ‘an excellent attorney’; and Francisco Carey, and counsels Fernando García and Paulina Silva are also names to note.

Leading lawyers

Guillermo Carey - Carey

Next generation lawyers

Fernando García - Carey

[back to top]

Labour and employment
Labour and employment - ranked: tier 1

Carey

Carey advises national and multinational companies on hirings, compensation packages, terminations, labour law-related auditing, and labour due diligence for M&A deals. Other areas of expertise include internal investigations, social security-related matters and employee taxation, and the practice is regularly involved in collective bargaining procedures, labour law litigation and immigration matters. The team recently advised M&A and private equity consulting firm Mesoamerica on the labour and employment due diligence procedures surrounding the acquisition of a majority stake in Unifood; and acted for Deloitte Auditores y Consultores in a complex collective bargaining procedure with a union representing some 640 employees. Department head Oscar Aitken and Francisca Corti, along with associate Francisco Arce, are the key names.

Leading lawyers

Oscar Aitken - Carey

Next generation lawyers

Francisca Corti - Carey

[back to top]

Projects and infrastructure
Projects and infrastructure - ranked: tier 1

Carey

Carey has significant experience in industry sectors such as mining, shipyards, ports and airports, hospitals, and real estate, as well as in power and renewable energy – including wind, solar and hydro power. Recent highlight mandates include advising Asociación Chilena de Seguridad on the legal structuring of a major hospital expansion project; and assisting a major power transmission line company with the project finance for transmission lines and substation construction projects. Rafael Vergara, Oscar Aitken and Juan Francisco Mackenna are all highly active and well regarded, as are Alberto Cardemil, José Miguel Bustamante, and Juan Pablo Stitchkin; Felipe Moro is singled-out as ‘a very good lawyer who has great understanding of his clients’ needs’;

Leading lawyers

Rafael Vergara - Carey

[back to top]

Public law
Public law - ranked: tier 1

Carey

Carey’s public law group is experienced in administrative and constitutional litigation as well as advising on constitutional rights, public procurement issues, regulatory compliance, and legislative and regulatory enactment. The team frequently acts before the Public Procurement Court, the Constitutional Court, the Transparency Council and the General Comptroller of the Republic (GCR); indeed recent work included assistance to Red Salud UC Christus with the preparation and filing of objections (and associated hearings before the GCR) against administrative acts issued by the Superintendence of Health. The ‘very capableLorena Pavic is department head; Ignacio Gillmore is also highly rated.

[back to top]

Real estate
Real estate - ranked: tier 1

Carey

Carey has broad experience in the development, financing, construction and sale of real estate projects, including residential, commercial and industrial property, as well as projects involving mining, energy, hotels, casinos, shopping centres and office buildings. Representative advice typically includes corporate, regulatory and tax structuring issues and the assessment of potential dispute resolution claims. Recent mandates saw the team act for high-profile real estate developer Sencorp in the negotiation of joint venture agreements entered into with a pension fund administrator for the development of a combined office-and-commercial project in Santiago. The recommended names are Oscar Aitken, Juan Pablo Stitchkin and practice director Eduardo Martin.

Next generation lawyers

[back to top]

TMT
TMT - ranked: tier 1

Carey

Carey fields a group of lawyers who are highly specialised in telecoms media, technology, internet, data protection, artificial intelligence, cybersecurity, crypto currencies and IT matters. Work highlights include advising British Telecoms on the day-to-day regulatory and labour aspects of its activities in Chile, including electronic signature issues and telecoms’ concession applications. The team also acted for Motorola Mobility in litigation proceedings against Scale, its main marketing contractor. Alfonso Silva, who is ‘singled out for seeing the big picture’, is recommended for the regulatory and transactional aspects of the telecoms sector; and Eduardo Martin is director of regulatory matters. Other active clients include WOM (formerly known as Nextel Chile), VTR GlobalCom, Timwe, Nintendo Corporation and Zerofox.

Leading lawyers

Alfonso Silva - Carey

Next generation lawyers

Eduardo Martin - Carey

[back to top]

Tax
Tax - ranked: tier 1

Carey

Carey’s managing partner Jaime Carey and Jessica Power advise domestic and foreign clients on personal and corporate tax planning, as well as local and international tax consulting. The team assisted international spirits company Bacardi with the tax aspects of the sale of its Chilean and Uruguayan subsidiaries to Argentine beverage company, Cepas Group; advised Chilean real estate company Sencorp on the sale of real estate assets, which involved several VAT issues; and acted for Graña y Montero on the tax aspects of the sale of Chilean subsidiary CAM Chile. Alejandra Risso and Mariela Riquelme are key tax and audit directors. Additional active clients include UnitedHealth, Scotiabank, Codelco, Siemens and Air Products.

Leading lawyers

Jessica Power - Carey

[back to top]

Chile: Energy and natural resources

Electricity/oil and gas
Energy and natural resources: electricity - ranked: tier 1

Carey

Energy and natural resources: oil and gas - ranked: tier 1

Carey

Carey’s ‘does an outstanding job across the board; the team always ensures the right lawyers are available to answer clients’ questions and provides a very high level of Chilean legal knowledge’. The firm’s broad practice covers oil and gas, transmission and distribution matters, and energy project development, including tender processes for power supply and transmission infrastructure, and litigious and regulatory matters. Other areas of strength include land rights, electric and maritime concessions, indigenous affairs and water rights. Recent transactional highlights include advising Masisa on the $15m sale of its CoGen power plant to Neoelectra, which included both biomass and water supply agreements; and acting for Sonnedix Chile Holding on the $11.8m acquisition of a majority stake in Cox Energy Chile. Juan Francisco Mackenna, José Miguel Bustamante, and water law specialist Alberto Cardemil are the names to note.

Leading lawyers

José Miguel Bustamante - Carey

[back to top]

Mining
Energy and natural resources: mining - ranked: tier 1

Carey

Carey advises foreign and local mining companies, sponsors and lenders on significant mining projects. The practice group’s scope ranges across metallic and non-metallic mining sectors, and handles mining, water, and land use rights, as well as environmental, community and technical and regulatory issues. It recently advised Codelco on the development of its Radomiro Tomic copper project in northern Chile; and advised Kinross on the constitution of a group of mining concessions. Other highlights include advising Teck Quebrada Blanca on the expansion of its hypogene project; the assistance included mining legal easements litigation against the State to obtain the right to use surface land for additional project expansion and new facilities. Rafael Vergara and Alberto Cardemil are ‘truly fantastic’; and Francisco Corona is a key counsel.

Leading lawyers

Rafael Vergara - Carey

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Latin America: International firms

Local practitioners of note (by country)

Francisco Orrego Vicuña at London barristers’ chambers 20 Essex Street is highly regarded as ‘one of the world’s leading arbitrators’; he has a wealth of knowledge and experience of handling disputes involving Latin American parties, as well as those relating to Europe, the Middle East and Africa. He is also on the ICDR’s Energy Arbitrators List. Andrés Jana at Bofill, Mir & Álvarez Jana regularly acts as a member or delegate in major arbitral forums, including UNCITRAL, the ICC, ICSID and the ICIA. Jana is ‘not only incredibly experienced in international arbitration, but also has brilliant legal mind and an outstanding knowledge of Chilean procedural law’. At Carey, Gonzalo Fernández and Aldo Molinari recently represented Sacyr Vallehermoso in a series of disputes with the Ministry of Public Works relating to the construction of highways; Fernández was appointed as Chile’s representative at the Paris-based International Court of Arbitration in July 2018. Yrarrázaval, Ruiz-Tagle, Goldenberg, Lagos & Silva’s Arturo Yrarrázaval is a highly-regarded arbitrator. At Claro & Cia., Nicolás Luco has notable expertise in the energy and mining sectors, and Felipe Ossa is experienced in the energy and banking industry arbitrations. Other notable names include Pedro Pablo Gutiérrez at Gutiérrez, Waugh, Jimeno & Asenjo, Cristián Conejero Roos at Philippi Prietocarrizosa Ferrero DU & Uría and Esteban Ovalle at Ovalle Gazzana Bulnes Abogados. Carlos Eugenio Jorquiera serves as president of the Centre for Arbitration and Mediation at the Santiago Chamber of Commerce.

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Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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