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 ‘highly professional and knowledgeable practice is outstanding’. It has longstanding experience in advising Chilean and foreign lenders, investors and borrowers on secured and unsecured syndicated and bilateral loan facilities; debt restructurings; public and private offerings and placements; and equity and debt securities. The practice is also highly regarded for securitisations; project financings; structured products; and derivative transactions. Felipe Moro led advice to SunPower, as sponsor and parent company of Total SunPower El Pelícano, on the project financing of the construction, commission, operation and maintenance of a 100MW photovoltaic plant and its related transmission lines and civil engineering works; and Diego Peralta, who is ‘a highly experienced lawyer in Chile for financial matters’, acted for International Finance Corporation (IFC) on the execution of a $30m loan agreement and the issuing of promissory notes under Chilean Law. Other highlights saw two independent teams act for both the lender and borrower on a $100m credit agreement granted by Rabobank Chile, The Bank of Nova Scotia, Banco de Crédito del Perú and Export Development Canada. Francisco Ugarte is also recommended.

Leading lawyers

Diego Peralta - Carey

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 1

Carey

Carey’s group covers all areas of antitrust law and regulatory matters, including litigation before the Antitrust Court (TDLC), civil courts and the Supreme Court, as well as investigations by the National Economic Prosecutor (FNE). It is also recommended for assisting with the approval of complex M&A deals and joint ventures before the TDLC. In addition the practice assists clients with designing compliance programmes and codes of good practice, and benefits from the firm’s strong corporate, finance, tax and public law departments. Co-department head Claudio Lizana successfully led advice to global beer brewer SABMiller (SAB) on a joint voluntary notification that sought the FNE’s approval of SAB’s sale to Anheuser-Busch InBev; and co-department head Lorena Pavic defended Cencosud against a headline case submitted by FNE against Cencosud and two other supermarkets for alleged price collusion.

Leading lawyers

Claudio Lizana - Carey

Lorena Pavic - Carey

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 1

Carey

As well as its speed and full-service approach’, Careycharacterises itself by always looking out for its clients’ best interests’. The firm is highly rated in the market for its structuring of M&A deals, including takeovers through tender offers; minority share purchases; acquisitions of companies or assets; private equity transactions; and the purchase of companies or assets during insolvencies and reorganisations. It is also recommended for providing assistance on tax, finance, corporate governance issues, and the establishment of joint ventures and strategic alliances; and notable sector expertise includes mining, infrastructure, energy, financial institutions, construction, healthcare, telecoms and aquaculture. In 2016, the firm launched a private equity and fund formation practice group, led by Cristián Eyzaguirre, ‘a brilliant lawyer, who thinks out of the box and looks for creative solutions to fulfil clients’ needs’; and recently promoted partner Francisco Guzmán, who is ‘not only a great lawyer with deep technical knowledge, but also gives great support so as to close deals successfully’. Recent highlights saw Claudio Lizana lead advice to Melón on the sale of Melón Morteros to a subsidiary of French company Financière Dry Mix Solutions; Jaime Carey, Pablo Iacobelli and Guillermo Acuña act for Qatar Airways in the acquisition of a 10% stake of LATAM Airlines Group through the subscription of a $608m capital increase; and Marcos Ríos assist Fairfax Financial with the $240m acquisition of the commercial and consumer insurance operations of American International Group in Argentina, Colombia, Chile and Uruguay. Other key advisers include Salvador Valdés, Diego Peralta, Jorge Ugarte, Francisco Ugarte and senior partner Jorge Carey. Cristián Figueroa was promoted to the partnership.

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 is well known for advising on high-value, complex cases, including commercial and civil disputes; the practice’s expertise also includes criminal, labour, antitrust and tax-law issues, as well as national and international arbitration cases. Recent highlights saw the team successfully defend AFP Provida, which manages pension plans for Chilean workers, against an attempt to annul its merger with Metlife. Gonzalo Fernández and Aldo Molinari are recommended; and Ricardo Reveco is ‘an experienced litigation expert, who is always available with the best quality advice on sensitive matters’.

Leading lawyers

Gonzalo Fernández - Carey

[back to top]

Environment
Environment - ranked: tier 1

Carey

Carey has a full-service environmental, indigenous and regulatory practice, which regularly acts on large, complex matters, such as mining, energy and aquaculture projects; it also has a robust environmental litigation team. Recent highlights saw the practice act for Compañía Minera Nevada in an administrative dispute and litigation, which included a sanctioning process for alleged non-compliance regarding a gold mine construction project and the review of the environmental license granted. On the transactional side, the team advised Danone on the environmental matters and permitting issues attendant to the sale of its Chilean subsidiary. Rafael Vergara, Alberto Cardemil and counsel Felipe Meneses are recommended.

Next generation lawyers

Felipe Meneses - Carey

[back to top]

Insurance
Insurance - ranked: tier 1

Carey

Carey is highly rated for its advice on incorporation and registration matters, complex dispute resolution and loss adjustment processes; and it has substantial expertise in representing lenders and borrowers in the structuring of their project finance insurance and reinsurance packages. Transactional highlights saw the team advise Fairfax Financial Holdings on the Chilean aspects of its $240m regional acquisition of AIG’s commercial and consumer insurance operations, which involved its businesses in Argentina, Colombia, Chile and Uruguay. The practice also acted for Fennia Mutual Insurance Company in the preparation of a memorandum, which related to statutory labour-accident insurance and employer-liability issues; and advised Aela Generación on the structuring and negotiation of an insurance and reinsurance package, including insurance and reinsurance endorsements for three wind farms. On the contentious side, the team successfully represented international insurance and reinsurance company Travelers Syndicate in the defence and settlement of an insurance loss dispute. Other active clients include Liberty International and Integro Insurance Brokers. Marcos Ríos, Pablo Iacobelli, Diego Peralta and Guillermo Acuña are recommended.

Next generation lawyers

Matías Vergara - Carey

[back to top]

Intellectual property
Intellectual property - ranked: tier 1

Carey

Acting for some of the world’s largest multinationals, international organisations and significant local companies and institutions, Carey is experienced in advising on the prosecution and litigation of trade marks, patents and industrial designs, as well as geographical indications, designations of origin, plant varieties and domain names. The firm fields both lawyers and patent specialists, and its scope of practice also includes copyright, anti-counterfeiting, licensing, franchising and distributorship, consumer protection and product liability; other areas of strength are labelling and advertisement, data protection, trade secrets, intangible assets’ valuation and IP management. Recent highlights saw the team advise La Perla Global Management (UK) on the filing of a nullity action against a third party’s unlawful registration of the worldwide famous trade mark LA PERLA; it also acted for The North Face Apparel Corporation, Wrangler Apparel Corporation, Sporloisirs and Adidas in initiating and co-ordinating a successful raid in Santiago, which involved a seizure of counterfeited products bearing the trade marks of The North Face, Wrangler, Lacoste and Adidas. Also of note, the team advised Wenco on the registration of the industrial design and copyright of an innovative product. Other active clients include Boehringer Ingelheim, Nestlé, Pfizer, PepsiCo, Bristol Mayers Squibb and Oracle. Guillermo Carey, Francisco Carey and recently promoted partner Ignacio Gillmore, and counsels Fernando García and Paulina Silva are recommended.

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 has vast experience in assisting national and multinational companies with their hiring processes, compensation packages, terminations, labour auditing and subcontracting. Other areas of strength include corporate policies, labour law due diligence during M&A deals, internal investigations, and employee taxation. The firm also regularly advises on collective bargaining processes and labour law litigation. It acted for packaging solutions group Amcor Flexibles in the labour law due diligence surrounding the acquisition of Alusa, the largest flexible packaging business in South America; and it advised a global mining contractor in two trials, regarding anti-union practices and wrongful termination litigation. Oscar Aitkenhas excellent insight into the labour law authorities’; and Francisca Corti was made partner.

Leading lawyers

Oscar Aitken - Carey

[back to top]

Projects and infrastructure
Projects and infrastructure - ranked: tier 1

Carey

Carey’s recent highlights saw the team advise Total SunPower, as sponsor and parent company of Total SunPower El Pelícano, on the development and financing of the construction, commission, operation and maintenance of a 100MW photovoltaic (PV) plant and its related transmission lines and civil engineering works. Other matters included the team’s assistance to Asociación Chilena de Seguridad with the preparation of contracts and tender documents for the construction of a new workers’ hospital in Chile; while in lender-side work, it acted for Banco Security and Banco Consorcio in the financing of the development, construction and commissioning of two distributed-generation PV facilities. The department is headed by Rafael Vergara, Oscar Aitken and Juan Francisco Mackenna, alongside Alberto Cardemil, Felipe Moro, José Miguel Bustamante and Juan Pablo Stitchkin. Juan Guillermo Levine retired from the practice.

Leading lawyers

Rafael Vergara - Carey

[back to top]

Public law
Public law - ranked: tier 1

Carey

Carey’s public law practice covers administrative and constitutional litigation, constitutional rights, public procurement and regulatory compliance. Recently, the team successfully defended pension fund manager ProVida in a high-profile case in which the Chilean Pensions Supervisor sought the invalidation of administrative law resolutions authorising ProVida’s merger with its parent company, MetLife. Department head Lorena Pavicbrings great experience to the group’; and Fernando García is also highly rated.

[back to top]

Real estate
Real estate - ranked: tier 1

Carey

Carey is highly rated for its experience in the development, financing, construction and sale of real estate projects; and the practice regularly assists with leases, the securitisation of portfolios and real estate asset management. The practice also has particular sector expertise in residential, commercial, hotels and casinos, as well as conservation parks, shopping centres, office buildings and educational centres. Its advice also includes the corporate, finance and tax structuring of projects and related real estate disputes. Transactional highlights saw the team advise Unicef on the acquisition of its new South American headquarters in Santiago, which included the legal due diligence of the property and negotiation of the acquisition documents. Department heads Oscar Aitken and Juan Pablo Stitchkin and counsel Eduardo Martin are highly rated.

Next generation lawyers

[back to top]

TMT
TMT - ranked: tier 1

Carey

Carey’s lawyers are specialised in telecoms, media, technology, internet, data protection and IT matters; and the practice group handles regulatory, corporate, financial and contractual issues, as well as TMT-related disputes and antitrust matters. It advised Motorola Solutions on regulatory issues; and assisted Wom with the corporate and regulatory aspects of its mobile telephone and trunking operations in Chile. The client list also includes VTR GlobalCom, TVO Holdings, Televisa and GoGo Air. The ‘outstanding’ and ‘dedicatedAlfonso Silva, and of counsel Eduardo Martin, are both highly rated.

Leading lawyers

Alfonso Silva - Carey

Next generation lawyers

Eduardo Martin - Carey

[back to top]

Tax
Tax - ranked: tier 1

Carey

Carey’s ‘truly fantastic and reliable team’ recently represented 100-plus taxpayers (predominantly wealthy families) in Chile’s ‘Extraordinary Tax Amnesty Program’, which involved Chilean taxpayers’ declaration and payment of tax on previously undeclared overseas assets and income. Other matters saw the team advise construction company VINCI Construction on the tax structuring of its joint venture with Astaldi Italy to construct Santiago’s new airport; and it assisted Acciona Energía with securing VAT exemption for the importation of materials for a solar farm project. Alberta Investment Management Corporation is another client. The team also includes highly rated certified accountants. Jessica Power and Jaime Carey are highly praised.

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 is ‘a strong, reliable firm with excellent professionals’. The highly rated practice covers oil and gas, power purchase agreements (PPAs), transmission and distribution, and energy project development; it also assists with M&A, financing, litigation and regulatory aspects. The team acted for San Juan (Latin America Power) in the execution of PPAs with Metro, the state-owned company that operates Santiago’s subway. Other highlights saw the team advise Andes Mainstream on a successful energy supply bidding process; and it acted for Trina Solar in a joint venture with Grenergy Renovables for the development, construction and operation of two solar plants. Department heads Juan Francisco Mackenna and José Miguel Bustamante, who ‘enjoys excellent relations with clients’, are recommended; water law expert Alberto Cardemil is ‘a very good, reliable and loyal lawyer’.

Leading lawyers

José Miguel Bustamante - Carey

[back to top]

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

Carey

Carey’s highly-rated practice covers the metallic and non-metallic mining industries, including water law issues, land-use surface rights and environmental-law matters; it also assists with contracts and financing. The team acted for Teck Quebrada Blanca in the expansion of its $6.2bn hypogene project, including mining legal-easement trials against the State of Chile for the right to use surface land. It also advised Teck Relincho on a high-value copper project, which included mining concessions, surface land and environmental matters; acted for Quantum Pacific Exploration in an agreement with Asset Chile to finance an exploration programme in northern Chile; and advised Kinross on the corporate restructuring of its mining assets. Other active clients include Codelco, Minera Valle Central, Kinross and Antofagasta Minerals. Rafael Vergara and Alberto Cardemil and counsel Francisco Corona are the key names.

Leading lawyers

Rafael Vergara - Carey

[back to top]

Latin America: International firms

Local practitioners of note (by country)

Based in Chile but a member of London barristers’ chambers 20 Essex Street, Francisco Orrego Vicuña is a highly regarded arbitrator who has handled disputes involving Latin American parties, as well as cases relating to Europe, the Middle East and Africa. He sits on the ICDR’s Energy Arbitrators’ list. Bofill, Mir & Álvarez Jana’s founding litigation and arbitration partner Andrés Jana is closely involved, as a member or delegate, in major arbitral forums including UNCITRAL, the ICC, ICSID and the LCIA. Carey represented the Republic of Chile in an ICSID arbitration over alleged breach of the Spanish-Chilean BIT, with chairman Jorge Carey and Gonzalo Fernández acting alongside Arnold & Porter Kaye Scholer LLP. Arturo Yrarrázaval Covarrubias leads on arbitration matters at Yrarrázaval, Ruiz-Tagle, Goldenberg, Lagos & Silva. Other key contacts include Felipe Ossa at Claro & Cia.; Pedro Pablo Gutiérrez at Gutiérrez, Waugh, Jimeno & Asenjo; and Carlos Eugenio Jorquiera, who 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 ‘highly professional and knowledgeable practice is outstanding’. It has longstanding experience in advising Chilean and foreign lenders, investors and borrowers on secured and unsecured syndicated and bilateral loan facilities; debt restructurings; public and private offerings and placements; and equity and debt securities. The practice is also highly regarded for securitisations; project financings; structured products; and derivative transactions. Felipe Moro led advice to SunPower, as sponsor and parent company of Total SunPower El Pelícano, on the project financing of the construction, commission, operation and maintenance of a 100MW photovoltaic plant and its related transmission lines and civil engineering works; and Diego Peralta, who is ‘a highly experienced lawyer in Chile for financial matters’, acted for International Finance Corporation (IFC) on the execution of a $30m loan agreement and the issuing of promissory notes under Chilean Law. Other highlights saw two independent teams act for both the lender and borrower on a $100m credit agreement granted by Rabobank Chile, The Bank of Nova Scotia, Banco de Crédito del Perú and Export Development Canada. Francisco Ugarte is also recommended.

Leading lawyers

Diego Peralta - Carey

[back to top]

Competition and antitrust
Competition and antitrust - ranked: tier 1

Carey

Carey’s group covers all areas of antitrust law and regulatory matters, including litigation before the Antitrust Court (TDLC), civil courts and the Supreme Court, as well as investigations by the National Economic Prosecutor (FNE). It is also recommended for assisting with the approval of complex M&A deals and joint ventures before the TDLC. In addition the practice assists clients with designing compliance programmes and codes of good practice, and benefits from the firm’s strong corporate, finance, tax and public law departments. Co-department head Claudio Lizana successfully led advice to global beer brewer SABMiller (SAB) on a joint voluntary notification that sought the FNE’s approval of SAB’s sale to Anheuser-Busch InBev; and co-department head Lorena Pavic defended Cencosud against a headline case submitted by FNE against Cencosud and two other supermarkets for alleged price collusion.

Leading lawyers

Claudio Lizana - Carey

Lorena Pavic - Carey

[back to top]

Corporate and M&A
Corporate and M&A - ranked: tier 1

Carey

As well as its speed and full-service approach’, Careycharacterises itself by always looking out for its clients’ best interests’. The firm is highly rated in the market for its structuring of M&A deals, including takeovers through tender offers; minority share purchases; acquisitions of companies or assets; private equity transactions; and the purchase of companies or assets during insolvencies and reorganisations. It is also recommended for providing assistance on tax, finance, corporate governance issues, and the establishment of joint ventures and strategic alliances; and notable sector expertise includes mining, infrastructure, energy, financial institutions, construction, healthcare, telecoms and aquaculture. In 2016, the firm launched a private equity and fund formation practice group, led by Cristián Eyzaguirre, ‘a brilliant lawyer, who thinks out of the box and looks for creative solutions to fulfil clients’ needs’; and recently promoted partner Francisco Guzmán, who is ‘not only a great lawyer with deep technical knowledge, but also gives great support so as to close deals successfully’. Recent highlights saw Claudio Lizana lead advice to Melón on the sale of Melón Morteros to a subsidiary of French company Financière Dry Mix Solutions; Jaime Carey, Pablo Iacobelli and Guillermo Acuña act for Qatar Airways in the acquisition of a 10% stake of LATAM Airlines Group through the subscription of a $608m capital increase; and Marcos Ríos assist Fairfax Financial with the $240m acquisition of the commercial and consumer insurance operations of American International Group in Argentina, Colombia, Chile and Uruguay. Other key advisers include Salvador Valdés, Diego Peralta, Jorge Ugarte, Francisco Ugarte and senior partner Jorge Carey. Cristián Figueroa was promoted to the partnership.

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 is well known for advising on high-value, complex cases, including commercial and civil disputes; the practice’s expertise also includes criminal, labour, antitrust and tax-law issues, as well as national and international arbitration cases. Recent highlights saw the team successfully defend AFP Provida, which manages pension plans for Chilean workers, against an attempt to annul its merger with Metlife. Gonzalo Fernández and Aldo Molinari are recommended; and Ricardo Reveco is ‘an experienced litigation expert, who is always available with the best quality advice on sensitive matters’.

Leading lawyers

Gonzalo Fernández - Carey

[back to top]

Environment
Environment - ranked: tier 1

Carey

Carey has a full-service environmental, indigenous and regulatory practice, which regularly acts on large, complex matters, such as mining, energy and aquaculture projects; it also has a robust environmental litigation team. Recent highlights saw the practice act for Compañía Minera Nevada in an administrative dispute and litigation, which included a sanctioning process for alleged non-compliance regarding a gold mine construction project and the review of the environmental license granted. On the transactional side, the team advised Danone on the environmental matters and permitting issues attendant to the sale of its Chilean subsidiary. Rafael Vergara, Alberto Cardemil and counsel Felipe Meneses are recommended.

Next generation lawyers

Felipe Meneses - Carey

[back to top]

Insurance
Insurance - ranked: tier 1

Carey

Carey is highly rated for its advice on incorporation and registration matters, complex dispute resolution and loss adjustment processes; and it has substantial expertise in representing lenders and borrowers in the structuring of their project finance insurance and reinsurance packages. Transactional highlights saw the team advise Fairfax Financial Holdings on the Chilean aspects of its $240m regional acquisition of AIG’s commercial and consumer insurance operations, which involved its businesses in Argentina, Colombia, Chile and Uruguay. The practice also acted for Fennia Mutual Insurance Company in the preparation of a memorandum, which related to statutory labour-accident insurance and employer-liability issues; and advised Aela Generación on the structuring and negotiation of an insurance and reinsurance package, including insurance and reinsurance endorsements for three wind farms. On the contentious side, the team successfully represented international insurance and reinsurance company Travelers Syndicate in the defence and settlement of an insurance loss dispute. Other active clients include Liberty International and Integro Insurance Brokers. Marcos Ríos, Pablo Iacobelli, Diego Peralta and Guillermo Acuña are recommended.

Next generation lawyers

Matías Vergara - Carey

[back to top]

Intellectual property
Intellectual property - ranked: tier 1

Carey

Acting for some of the world’s largest multinationals, international organisations and significant local companies and institutions, Carey is experienced in advising on the prosecution and litigation of trade marks, patents and industrial designs, as well as geographical indications, designations of origin, plant varieties and domain names. The firm fields both lawyers and patent specialists, and its scope of practice also includes copyright, anti-counterfeiting, licensing, franchising and distributorship, consumer protection and product liability; other areas of strength are labelling and advertisement, data protection, trade secrets, intangible assets’ valuation and IP management. Recent highlights saw the team advise La Perla Global Management (UK) on the filing of a nullity action against a third party’s unlawful registration of the worldwide famous trade mark LA PERLA; it also acted for The North Face Apparel Corporation, Wrangler Apparel Corporation, Sporloisirs and Adidas in initiating and co-ordinating a successful raid in Santiago, which involved a seizure of counterfeited products bearing the trade marks of The North Face, Wrangler, Lacoste and Adidas. Also of note, the team advised Wenco on the registration of the industrial design and copyright of an innovative product. Other active clients include Boehringer Ingelheim, Nestlé, Pfizer, PepsiCo, Bristol Mayers Squibb and Oracle. Guillermo Carey, Francisco Carey and recently promoted partner Ignacio Gillmore, and counsels Fernando García and Paulina Silva are recommended.

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 has vast experience in assisting national and multinational companies with their hiring processes, compensation packages, terminations, labour auditing and subcontracting. Other areas of strength include corporate policies, labour law due diligence during M&A deals, internal investigations, and employee taxation. The firm also regularly advises on collective bargaining processes and labour law litigation. It acted for packaging solutions group Amcor Flexibles in the labour law due diligence surrounding the acquisition of Alusa, the largest flexible packaging business in South America; and it advised a global mining contractor in two trials, regarding anti-union practices and wrongful termination litigation. Oscar Aitkenhas excellent insight into the labour law authorities’; and Francisca Corti was made partner.

Leading lawyers

Oscar Aitken - Carey

[back to top]

Projects and infrastructure
Projects and infrastructure - ranked: tier 1

Carey

Carey’s recent highlights saw the team advise Total SunPower, as sponsor and parent company of Total SunPower El Pelícano, on the development and financing of the construction, commission, operation and maintenance of a 100MW photovoltaic (PV) plant and its related transmission lines and civil engineering works. Other matters included the team’s assistance to Asociación Chilena de Seguridad with the preparation of contracts and tender documents for the construction of a new workers’ hospital in Chile; while in lender-side work, it acted for Banco Security and Banco Consorcio in the financing of the development, construction and commissioning of two distributed-generation PV facilities. The department is headed by Rafael Vergara, Oscar Aitken and Juan Francisco Mackenna, alongside Alberto Cardemil, Felipe Moro, José Miguel Bustamante and Juan Pablo Stitchkin. Juan Guillermo Levine retired from the practice.

Leading lawyers

Rafael Vergara - Carey

[back to top]

Public law
Public law - ranked: tier 1

Carey

Carey’s public law practice covers administrative and constitutional litigation, constitutional rights, public procurement and regulatory compliance. Recently, the team successfully defended pension fund manager ProVida in a high-profile case in which the Chilean Pensions Supervisor sought the invalidation of administrative law resolutions authorising ProVida’s merger with its parent company, MetLife. Department head Lorena Pavicbrings great experience to the group’; and Fernando García is also highly rated.

[back to top]

Real estate
Real estate - ranked: tier 1

Carey

Carey is highly rated for its experience in the development, financing, construction and sale of real estate projects; and the practice regularly assists with leases, the securitisation of portfolios and real estate asset management. The practice also has particular sector expertise in residential, commercial, hotels and casinos, as well as conservation parks, shopping centres, office buildings and educational centres. Its advice also includes the corporate, finance and tax structuring of projects and related real estate disputes. Transactional highlights saw the team advise Unicef on the acquisition of its new South American headquarters in Santiago, which included the legal due diligence of the property and negotiation of the acquisition documents. Department heads Oscar Aitken and Juan Pablo Stitchkin and counsel Eduardo Martin are highly rated.

Next generation lawyers

[back to top]

TMT
TMT - ranked: tier 1

Carey

Carey’s lawyers are specialised in telecoms, media, technology, internet, data protection and IT matters; and the practice group handles regulatory, corporate, financial and contractual issues, as well as TMT-related disputes and antitrust matters. It advised Motorola Solutions on regulatory issues; and assisted Wom with the corporate and regulatory aspects of its mobile telephone and trunking operations in Chile. The client list also includes VTR GlobalCom, TVO Holdings, Televisa and GoGo Air. The ‘outstanding’ and ‘dedicatedAlfonso Silva, and of counsel Eduardo Martin, are both highly rated.

Leading lawyers

Alfonso Silva - Carey

Next generation lawyers

Eduardo Martin - Carey

[back to top]

Tax
Tax - ranked: tier 1

Carey

Carey’s ‘truly fantastic and reliable team’ recently represented 100-plus taxpayers (predominantly wealthy families) in Chile’s ‘Extraordinary Tax Amnesty Program’, which involved Chilean taxpayers’ declaration and payment of tax on previously undeclared overseas assets and income. Other matters saw the team advise construction company VINCI Construction on the tax structuring of its joint venture with Astaldi Italy to construct Santiago’s new airport; and it assisted Acciona Energía with securing VAT exemption for the importation of materials for a solar farm project. Alberta Investment Management Corporation is another client. The team also includes highly rated certified accountants. Jessica Power and Jaime Carey are highly praised.

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 is ‘a strong, reliable firm with excellent professionals’. The highly rated practice covers oil and gas, power purchase agreements (PPAs), transmission and distribution, and energy project development; it also assists with M&A, financing, litigation and regulatory aspects. The team acted for San Juan (Latin America Power) in the execution of PPAs with Metro, the state-owned company that operates Santiago’s subway. Other highlights saw the team advise Andes Mainstream on a successful energy supply bidding process; and it acted for Trina Solar in a joint venture with Grenergy Renovables for the development, construction and operation of two solar plants. Department heads Juan Francisco Mackenna and José Miguel Bustamante, who ‘enjoys excellent relations with clients’, are recommended; water law expert Alberto Cardemil is ‘a very good, reliable and loyal lawyer’.

Leading lawyers

José Miguel Bustamante - Carey

[back to top]

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

Carey

Carey’s highly-rated practice covers the metallic and non-metallic mining industries, including water law issues, land-use surface rights and environmental-law matters; it also assists with contracts and financing. The team acted for Teck Quebrada Blanca in the expansion of its $6.2bn hypogene project, including mining legal-easement trials against the State of Chile for the right to use surface land. It also advised Teck Relincho on a high-value copper project, which included mining concessions, surface land and environmental matters; acted for Quantum Pacific Exploration in an agreement with Asset Chile to finance an exploration programme in northern Chile; and advised Kinross on the corporate restructuring of its mining assets. Other active clients include Codelco, Minera Valle Central, Kinross and Antofagasta Minerals. Rafael Vergara and Alberto Cardemil and counsel Francisco Corona are the key names.

Leading lawyers

Rafael Vergara - Carey

[back to top]

Latin America: International firms

Local practitioners of note (by country)

Based in Chile but a member of London barristers’ chambers 20 Essex Street, Francisco Orrego Vicuña is a highly regarded arbitrator who has handled disputes involving Latin American parties, as well as cases relating to Europe, the Middle East and Africa. He sits on the ICDR’s Energy Arbitrators’ list. Bofill, Mir & Álvarez Jana’s founding litigation and arbitration partner Andrés Jana is closely involved, as a member or delegate, in major arbitral forums including UNCITRAL, the ICC, ICSID and the LCIA. Carey represented the Republic of Chile in an ICSID arbitration over alleged breach of the Spanish-Chilean BIT, with chairman Jorge Carey and Gonzalo Fernández acting alongside Arnold & Porter Kaye Scholer LLP. Arturo Yrarrázaval Covarrubias leads on arbitration matters at Yrarrázaval, Ruiz-Tagle, Goldenberg, Lagos & Silva. Other key contacts include Felipe Ossa at Claro & Cia.; Pedro Pablo Gutiérrez at Gutiérrez, Waugh, Jimeno & Asenjo; and Carlos Eugenio Jorquiera, who serves as president of the Centre for Arbitration and Mediation at the Santiago Chamber of Commerce.

[back to top]


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