Carey > Santiago, Chile > Firm Profile
Carey Offices
AV ISIDORA GOYENECHEA 2800
FLOOR 43, LAS CONDES
SANTIAGO, PO 755-0647
Chile
Carey > The Legal 500 Rankings
Chile > Banking and finance Tier 1
The 19-strong practice at full-service legal powerhouse Carey houses experts in advising creditors, investors, and borrowers on the gamut of banking and financial transactions. Its representative expertise covers bilateral and syndicated loans (whether secured or unsecured), as well as liability management work. Other areas of strength are public and private offerings and placements of capital and debt, securitisations, project financing, structured product deals and derivatives operations. The group is co-led by six experienced partners, namely: Diego Peralta, whose recent highlights include leading advice to Qatar Airways (and its affiliates) on the debtor-in-possession financing for LATAM Airlines during the latter’s reorganisation; lending, project finance, structured product and derivatives specialist Felipe Moro; Fernando Noriega, who focuses on banking law, loan deals and project financing; Salvador Valdés, a go-to lawyer for several investment banks and asset managers; Francisco Ugarte, who assists both corporations and financial institutions with regulatory and finance work; and Alejandra Daroch, who has broad banking and finance experience.Practice head(s):
Diego Peralta; Salvador Valdés; Francisco Ugarte; Felipe Moro; Fernando Noriega; Alejandra Daroch
Testimonials
‘They handle the financing contract very well, having a quick review in case of need or eventuality.‘
‘We work with Felipe Moro, who is very agile in his response, which helps a lot to be able to have an accurate response in a short time to be able to continue concentrating and solving the problem.‘
‘The members of the Carey firm are very knowledgeable about projects from their beginnings and are always attentive to any problem that may arise. The proposals and solutions they propose demonstrate their experience and ability to provide answers at the level requested. They even go further by offering various solutions for different problems.’
‘They have extensive experience and knowledge of the legal requirements of the field, including areas such as project finance, banking, corporate and financial contracts, among others. In particular, partner Felipe Moro and his team provide us with constant timely support.’
‘They not only understand the regulated industry in which we are active, but also project finance methodology, corporate governance, relationships with authorities, and the thinking of the foreign investor. They compare favorably and stand out compared to similar offices, demonstrating an extremely high spirit of collaboration, availability and flexibility.‘
‘Availability and flexibility, along with holistic knowledge of business and industry, and government relations.‘
Key clients
Goldman Sachs
Atento Holding Chile
International Finance Corporation
US International Development Finance Corporation
Sociedad de Transmisión Austral
BlackRock
Corporación Interamericana para el Financiamiento de Infraestructura
Qatar Airways Investments
Banco de Crédito e Inversiones
CorpGroup
DNB Bank Asa
Itaú Corpbanca
Canadian Imperial Bank of Commerce
Renewable Resources Group
Aguas Pacífico
Grünenthal
Digital Bridge
Work highlights
- Advised Qatar Airways Investments (as one of the lenders) on the $3.7bn super priority debtor-in-possession loan financing granted to LATAM Airlines Group, which related to US insolvency Chapter 11 cases.
- Advised International Development Finance Corporation, DNB Bank, Itaú Corpbanca, BCI and others, as lenders to Alto Maipo and Strabag, in relation to a restructuring support agreement during a Chapter 11 procedure.
- Advised Canada’s Imperial Bank of Commerce on the amendment and extension of a corporate revolving credit facility that was granted to Capstone.
Chile > Bankruptcy, insolvency and restructuring Tier 1
The ‘very dedicated‘ sixteen-strong insolvency and restructuring team at market stalwart Carey houses both experienced insolvency litigators and corporate lawyers, who are specialists in M&A and financial distress operations. The group’s track record includes playing lead roles during complex restructurings and financings, as well as related asset acquisitions; and its client base spans a range of industries such as insurance, mining, banking, airlines and tourism. The practice is co-led by several experienced partners, namely: Ricardo Reveco, who heads a team of insolvency litigators and ‘stands out in the national market‘; Salvador Valdés, a go-to adviser for corporate clients during high-stakes bankruptcies; Francisco Ugarte, who acts for both debtors and creditors in insolvencies; financial distress deal specialist Cristián Figueroa; and Alejandra Daroch, an expert in advising international and domestic clients on distressed M&A and debt restructuring. In a boost for the team, former associate Roberto Villaseca, whose disputes practice encompasses bankruptcy and insolvency issues, was raised to the partnership in December 2022. Key associate Francisco Torm is also on hand for restructuring and insolvency proceedings.Practice head(s):
Ricardo Reveco; Salvador Valdés; Francisco Ugarte; Cristián Figueroa; Alejandra Daroch; Roberto Villaseca
Testimonials
‘Extraordinary knowledge of the subject and a great capacity for work from the entire team.‘
‘Carey is the leader in the restructuring arena in Chile.‘
‘Very good availability and empathy with the client – very clear when advising on the risks to which clients are exposed during the different scenarios that arise.‘
‘Very dedicated to matters – a lot of knowledge that stands out nationally.‘
‘Good analysis of situations and excellent teamwork with the client.‘
‘Excellent management of legal knowledge.‘
‘Great capabilities and dedication to work – very involved in clients’ needs.‘
‘Ricardo Reveco stands out in the national market in this space – a lot of knowledge of theoretical and practical issues, and of the players in this area.‘
Key clients
Corp Group Banking – Corp Group Interhold
Vivocorp – Inversiones Terra
Sencorp – Sendero
Tanner Servicios Financieros
HRV
Valle Nevado
Moneda Asset Management
Consorcio Financiero
Qatar Airways
Banco Santander Chile
Fondo de Inversión Inmobiliario X (Banchile Administradora General de Fondos)
Codelco
Estate of Claudio Avendaño
Work highlights
- Advised Corp Group Banking and Corp Group Interhold (and their affiliates) on the restructuring of their assets and liabilities during a Chapter 11 proceeding before the Bankruptcy Court of Delaware.
- Advised Banco Santander (Chilean creditor in LATAM’s Chapter 11 reorganisation process) on derivatives and the commercial alliance between the brands (further to debts exceeding $600m).
- Advised Vivocorp, Inversiones Terra and their affiliates on the restructuring of their debts.
Chile > Capital markets Tier 1
A legal powerhouse, Carey fields a 41-strong capital markets practice that is consistently mandated by issuers and bond and stockholders on corporate and securitised bonds, trade effects, and public and private securities. Standing out for its ‘commitment to clients', the team is also expert in high-profile securities offerings, including cross-border IPOs, capital increases, debt issuances and securitisations. The practice group consists of a raft of active partners, including Diego Peralta, an expert in the creation of financial products; local bond issuance specialist Salvador Valdés; Francisco Ugarte, who structures debt and equity deals in the local and international capital markets; Felipe Moro, whose practice covers US private placements and 144A/Reg.S transactions; and investment funds expert Cristián Eyzaguirre. Also integral to the group are: Jorge Ugarte, whose practice includes liability management deals; securities specialist Cristián Figueroa, who ‘stands out for his knowledge and expertise'; Chile and New York-qualified Patricia Silberman; Fernando Noriega, who advises on local and international securities offerings; and bonds and securities practitioner Alejandra Daroch.Practice head(s):
Diego Peralta; Salvador Valdés; Francisco Ugarte; Felipe Moro; Cristián Eyzaguirre; Jorge Ugarte; Cristián Figueroa; Patricia Silberman; Fernando Noriega; Alejandra Daroch
Testimonials
‘A team of highly-prepared lawyers who are leaders in their fields.‘
‘Stands out for its commitment to clients in seeking tailored solutions – great availability and response times.‘
‘Cristián Eyzaguirre stands out for his knowledge and expertise, and for the ability to explain legal and regulatory terms to clients’ commercial teams in simple language.‘
‘The team at Carey is an experienced, knowledgeable, accessible and responsive group of outstanding partners and associates who provide excellent service to their clients and work collaboratively with international counsel on some of the most complex cross-border securities transactions involving Chilean companies and the U.S. capital markets. As one of the leading firms in Chile, the Carey team is involved in many high profile capital markets transactions and has a perspective on cross-border transactions that few local firms can match.‘
‘The Carey team is very responsible and responsive, on par with major U.S. law firms in New York.‘
‘Patricia Silberman is an outstanding lawyer who is qualfied in both the U.S. and Chile and well experienced in U.S. capital markets transactions. She has the distinction of having worked at major U.S. law firms in New York City for five years before moving back to Chile and is completely comfortable with both U.S. and Chilean legal concepts. As a result, she is able to seamlessly bridge U.S. and Chilean law issues, which makes it very easy to work with her and and the rest of the Carey team. Diego Peralta is also an excellent capital markets lawyer that we have worked with in the past.‘
Key clients
Tianqi Lithium Corporation
Scotiabank
Falabella
Banco de Chile
Patria Investments
BICE
SMU
Softbank Latin America Fund
HSBC Bank Chile
IXM Chile
Codelco
Work highlights
- Advised Tianqi Lithium Corporation on its $2bn IPO and listing on the Hong Kong Stock Exchange.
- Advised The Bank of Nova Scotia on the acquisition of a 16.76% stake in Scotiabank Chile (and other Chilean subsidiaries of the Said family), by means of a share purchase and share exchange.
- Advised UBS (London branch), Daiwa Capital Markets America and BNP Paribas on the update of the global medium term note programme of Coopeuch.
Chile > Competition and antitrust Tier 1
The 13-strong antitrust and regulated markets department at full-service firm Carey acts on the full array of competition issues. The ‘available and flexible' team is particularly focused on cartel and abuse-of-dominance investigations before Chile’s National Economic Prosecutor (Fiscalía Nacional Económica/FNE), along with major merger-control clearances. It further assists with both contentious and non-contentious procedures before the Antitrust Court (Tribunal de la Libre Competencia/TDLC), as well as Chile’s Supreme Court. Additionally, the practice has extensive experience in advising companies on antitrust and regulatory internal audits, and the design of antitrust compliance programmes and codes of practice. Following the departure of former co-head Claudio Lizana in December 2022, the group is co-led by antitrust, regulation, and litigation expert Lorena Pavic (‘the best antitrust lawyer in Chile'), whose caseload routinely comprises TDLC and Supreme Court litigation, as well as multi-jurisdictional merger cases before the FNE; and recently-promoted partner José Pardo, whose experience includes representing clients from the food, transportation, manufacturing, retail, energy, technology, mining, and pharmaceutical sectors before Chile’s TDLC.Practice head(s):
Lorena Pavic; José Pardo
Testimonials
‘Knowledge of both local and international aspects.‘
‘A comprehensive view of clients’ businesses and depth to the analysis, while always looking for safe and innovative alternatives.’
‘A team that is available and flexible.‘
‘Lorena Pavic is the best antitrust lawyer in Chile – her experience, intelligence, analytical skills and creativity are endless.‘
‘Carey’s team is very professional, with in-depth technical and specific knowledge of antitrust law. They are always up to date on relevant cases and sentences as well as with regulatory updates. They adjust to the internal reality and quickly understand the lines of business and its specificities.‘
‘Both Lorena Pavic and Jose Pardo are very close and very professional lawyers, simple and very concrete. They do not give ambiguous opinions, which is much appreciated and they support their argument very well. They are studious, respond effectively and timely.‘
Key clients
Cencosud
Enap
Bayer
Codelco
WOM
Work highlights
- Advised DPDHL Group and JF Hillebrand on the mandatory ex-ante notification before the FNE, in relation to DPDHL Group’s cross-border acquisition of JF Hillebrand Group.
- Advised ThyssenKrupp Industrial Solutions (TKIS) on a mandatory ex-ante notification before the FNE, which concerned FLSmidth & Co’s acquisition of TKIS’ mining sector-related plant technology and industrial solutions.
- Assisted ENAP with FNE investigations.
Chile > Compliance Tier 1
The five-member compliance and anti-corruption team at full-service market stalwart Carey is consistently mandated by both international and domestic clients on complex compliance issues. The team’s expertise encompasses the negotiation and drafting of specialised contractual provisions (covenants, representations, warranties and compliance termination clauses), as well as the design and conduct of compliance due diligence processes for M&A deals and joint ventures. Alongside the firm’s white-collar crime practice, the department assists clients facing criminal enforcement actions; and its track record includes successfully defending legal entities and individuals in high-profile cases involving alleged bribery, money laundering and influence trafficking. Leading the compliance group, Guillermo Acuña (who is also corporate and M&A co-head), is an expert in anti-corruption compliance programmes, multi-jurisdictional exposure to bribery allegations, and internal investigations. Flanking Acuña is associate Pablo Albertz, whose practice comprises corporate-crime risk management, money laundering prevention, and white-collar crime litigation; and senior counsel and criminal law expert Rodrigo Aldoney, whose workload extends to compliance matters and who arrived from BCP Abogados in February 2022.Practice head(s):
Guillermo Acuña
Key clients
SUSI Partners
Enel Chile
Nabiax
Synlab International
BoaCompra
NH Foods
Safra National Bank of New York (Rep Office in Chile)
Codelco
Hewlett Packard Financial Services
MAE Holding Chile
Cencosud
Work highlights
- Advised SUSI Partners on the design and implementation of a compliance programme/ crime prevention model in accordance with the Corporate Criminal Liability Act.
- Assisted Enel Chile with updating its crime prevention model in accordance with cybercrime legislation.
- Assisted Synlab International with conducting compliance due diligence for the acquisition of a group of companies.
Chile > Consumer and advertising law Tier 1
Carey‘s advertising and consumer law department has a strong market reputation for consumer protection litigation and administrative matters, including voluntary collective procedures before SERNAC. The department also comprises experts in e-commerce, consumer compliance models, recalls, product imports, safety and warranty policies, and advertising and marketing campaigns. With ‘advice that is always at the highest level‘, the team is additionally sought out for its expertise in class action litigation, along with defence-side matters involving product liability, misleading advertising and consumer safety. Among the firm’s numerous experienced advisers, Guillermo Carey‘s recent caseload includes assisting Algramo with updating its consumer-facing commercial contracts and policies; and Aldo Molinari (‘provides invaluable advice‘) who is a specialist in civil and commercial disputes, along with administrative and environmental regulatory litigation. Notable growth for the group saw the promotion of the ‘brilliant‘ Mónica Pérez (whose broad litigation practice covers consumer protection law), to partner in December 2022. At associate level, Eduardo Reveco (a March 2022 re-hire from PAGBAM Schwencke Chile) and Kureusa Hara both advise on consumer and advertising-related matters.Practice head(s):
Guillermo Carey; Aldo Molinari; Mónica Pérez; Kureusa Hara
Testimonials
‘Something that characterises Carey is that despite being the largest firm in Chile, the close and immediate attention it gives clients is similar to a boutique.‘
‘Advice that is always at the highest level, regardless of the complexity of the matter.‘
‘They have the right lawyers for day-to-day work, as well as for more complex issues.‘
‘A team of lawyers with a strategic outlook and excellent knowledge of jurisprudence and Chile’s litigious environment.‘
‘The flexibility and willingness to provide comprehensive coverage of consumer-related issues make them exceptional in the Chilean market.‘
‘Aldo Molinari without a doubt provides invaluable advice during complex trials.‘
‘Mónica Pérez is a faithful disciple of Aldo Molinari who, with the same rigour and excellence, guarantees extraordinary service provision.‘
‘Mónica Pérez is brilliant, methodical and a perfectionist. There is no aspect that is left to chance when working with her.‘
Key clients
Adidas Chile
Algramo
Amazon
Banco Internacional
Bayer
Blanco y Negro
Clorox Chile
The Clorox Company
Comercializadora Asiamerica Compañía
Decathlon
Empresas Iansa
Galderma Chile Laboratorios
Garmin
General Motors Financial
Herbalife
Hughes de Chile
HunterDouglas Chile
Iansagro
Isapre Cruz Blanca
Kaizen Gaming International
Kraft-Heinz
Laboratorios Andrómaco
LDA
Mastercard International Incorporated
Mercado Libre Chile
Nestlé Chile
Nu Skin Enterprises Chile
Pepsico
Evercrisp Snack Productos De Chile
Porsche Volkswagen Servicios Financieros Chile
Softys Chile
Starlink Chile
Wild Foods
Wom
Yandex.Go Israel
Work highlights
- Advised LDA on the recall process for certain lines of pet food products that contained a defective raw material.
- Advising Blanco y Negro on the preparation of a response to an obligatory information request from SERNAC.
- Assisted Adidas Chile with inspection procedures by SERNAC, information requirements, responses to consumer complaints, and Chilean Consumer Law authority procedures.
Chile > Corporate and M&A Tier 1
Market leviathan Carey fields ‘lawyers with deep knowledge, specialisation and experience in M&A issues‘. The huge, 64-strong team is consistently involved in the structuring of headline M&A deals, including takeovers through public offerings, minority share purchases, acquisitions of companies and asset-packages, private equity deals, and asset purchases during insolvency processes and in the context of reorganisations. The firm’s numerous active practitioners included senior partner Jorge Carey, whose broad practice encompasses M&A, and corporate and business law; managing partner Jaime Carey T who routinely assists with landmark international transactions; Pablo Iacobelli – ‘the best M&A lawyer in Chile‘; and Salvador Valdés, who frequently acts for investment and private equity funds on the acquisition of strategic companies. Francisco Ugarte, Marcos Ríos and Cristián Figueroa, along with Cristián Eyzaguirre, Jorge Ugarte, Alejandra Daroch and Jaime Carey A are also highly-regarded M&A specialists; Guillermo Acuña advises on the corporate side of aviation matters; Patricia Silberman is ‘creative and commercial‘; and Francisco Guzmán assists with M&A, venture capital and private equity deals. Josefina Marshall is the senior associate to note. Former partner Claudio Lizana departed to establish his own practice in December 2022.Practice head(s):
Pablo Iacobelli; Salvador Valdés; Francisco Ugarte; Marcos Ríos; Guillermo Acuña; Cristián Eyzaguirre; Jorge Ugarte; Francisco Guzmán; Cristián Figueroa; Patricia Silberman; Alejandra Daroch; Jaime Carey Jr.
Testimonials
‘Lawyers with deep knowledge, specialisation and experience in M&A issues.’
‘Exceptional treatment, and extraordinary work and results – analytical and with knowledge of the market and its trends.’
‘Clearly a great option for the implementation of projects at an international level.’
‘Great knowledge of the market and its trends, great listening skills, and strategists by nature.’
‘Carey has the deepest bench in Chile – commercial, resourceful and creative in its approach, and very deal-friendly.’
‘The M&A team works seamlessly and in true partnership with other regional firms on multi-jurisdictional deals.’
‘Pablo Iacobelli is first and foremost the best M&A lawyer in Chile. With his easy demeanour Pablo is effective in achieving what the client needs – a smart, no nonsense lawyer.
‘Patricia Silberman is technically very good – she is also creative and commercial.’
Key clients
Enel Chile
The Bank of Nova Scotia
Hapag-Lloyd
Patria
Omers Infrastructure Chile
Equinix
PSP Investments
Black Diamond Capital
Sonnedix
Nippon Ham
Grupo Axo
IFC and Calverton
Christus Health
Masisa
Tengram Capial Partners
Work highlights
- Advised Enel Chile on the bidding process to sell its corporate interest in Enel Transmisión Chile for $1.35bn.
- Advised The Bank of Nova Scotia on the acquisition of a 16.76% stake in Scotiabank Chile (and other Chilean subsidiaries) from the Said family.
- Advised Hapag-Lloyd on the approximately $1bn acquisition of the port terminals and inland logistics business of SAAM, a Chilean listed multinational company that provides foreign trade services.
Chile > Data privacy Tier 1
The eight-strong data protection group at ‘market leader' Carey covers a vast range of privacy work, in addition to cybersecurity and technology matters. The team regularly works alongside the firm’s consumer protection and compliance practices to provide seamless advice on both B2B (business-to-business) and B2C (business-to-consumer) matters, which involve data privacy and cybersecurity issues. Its track record additionally includes playing a major role in the drafting of Chile’s main privacy and cybersecurity bills. The principal advisers are past president of the American-Chilean Chamber of Commerce, Guillermo Carey (‘first-rate experience'), who leads the firm’s the life sciences, technology and consumer law groups; and counsel José Ignacio Mercado, an ‘excellent professional' for privacy, data protection and cybersecurity work. From the firm’s enviable associate ranks, Elias Mohor's wide-ranging practice covers privacy, personal data and information security.Practice head(s):
Guillermo Carey; José Ignacio Mercado
Testimonials
‘A very impressive multidisciplinary approach.‘
‘The team supports clients very well!‘
‘Guides clients on how proposed bills in Chile may or may not affect them, as well as supporting them through comparisons with laws already in force in Europe.‘
‘Market leader Carey provides strategic, commercial and litigation advice to a wide range of companies.‘
‘Guillermo Carey has first-rate experience, extensive knowledge, and provides business-oriented advice with innovative solutions.‘
‘Personalised attention and good availability – special mention to José Ignacio Mercado.‘
‘José Ignacio Mercado always responds and always looks for solutions to the problems raised – an excellent professional.‘
Key clients
Algramo
Itrend
Pepsico
Pagseguro
Pedidos Ya
Napse
Porsche
Adidas
Bakelite Syntethics
Fuente Chilena
NotCo
Wildfoods
LatamFit
Biomarin
Bristol-Myers-Squibb
Oracle
Coopeuch
ALD Automotive
Sovos
Amcham
Work highlights
- Assisted Pepsico with the legal assessment and development of several legal documents required for the implementation of a new website, which entailed a combined analysis (both from the privacy and consumer protection standpoint).
- Advised Algramo on the structuring of privacy policies and assessment of privacy matters in relation to its products and services.
- Advised Brazilian credit-card payment platform PagSeguro on its entry into Chile, including reviewing and updating its privacy and IT policies.
Chile > Dispute resolution: arbitration Tier 1
Full-service legal giant Carey is consistently sought out for high-stakes national and international commercial and investment arbitrations; the sizeable, 28-strong practice is particularly experienced in arbitral disputes involving the construction, energy, mining, media and pharma sectors. The department acts under a broad range of local and international institutions, including: the Arbitration and Mediation Centre of the Santiago Chamber of Commerce (CAM Santiago); the International Court of Arbitration (ICC); and the International Centre for Settlement of Investment Disputes (ICSID). The team also has experience acting under United Nation Commission on International Trade Law (UNCITRAL) rules. The group features several experienced figures, namely: renowned arbitrator and President of the Chilean Chapter of the Spanish Arbitration Club since 2023, Gonzalo Fernández; national and international arbitration specialist Juan Carlos Riesco; Ricardo Reveco, who acts in commercial arbitrations concerning corporate conflicts; and commercial and investment arbitration expert Aldo Molinari. The second line of active advisers features commercial arbitration practitioner Mónica Pérez, along with alternative dispute resolution specialist Roberto Villaseca, both of whom are at partner level since November 2022.Practice head(s):
Gonzalo Fernández; Ricardo Reveco; Aldo Molinari; Juan Carlos Riesco; Mónica Pérez; Roberto Villaseca
Testimonials
‘Carey’s team is reliable, with extensive experience in litigation and arbitration. It quickly answers the customer’s needs.‘
‘Ricardo Reveco: in addition to litigation and conflict resolution, he knows liquidation processes and company reorganisation, which makes him unique in the market. In addition, he is a great strategist, he presents the alternatives to the client with his recommendation and advises global companies, with a presence in several jurisdictions. For this he can draw on knowledge of markets abroad, particularly New York, and speaks English.‘
Key clients
Algonquin Power & Utilities
Metlife Chile Seguros de Vida
Blanco y Negro
NOKIA Solutions and Networks Chile
Piscicultura Tierra Del Fuego
Liberty Compañía de Seguros Generales
Mapfre Compañía de Seguros Generales de Chile
Work highlights
- Representing Liberty and Mapfre in a dispute initiated by Empresa Portuaria Iquique and Iquique Terminal Internacional in relation to the amount of indemnification to be paid by the insurers for damage suffered by the Port of Iquique further to an earthquake in 2014.
Chile > Dispute resolution: litigation Tier 1
Market stalwart Carey fields a hefty 28-strong practice that is routinely sought out for heavyweight civil and commercial lawsuits. Its representative experience covers shareholder issues, construction claims, environmental and sanctioning procedures, and disputes related to concessions, with the team frequently leveraging the firm’s regulated markets expertise in relation to sectors such as energy, healthcare and pensions. A quartet of experienced partners spearhead the practice: departmental head and commercial and regulatory litigation specialist Gonzalo Fernández; bankruptcy and insolvency expert Ricardo Reveco; Aldo Molinari, who focuses on civil and commercial litigation, along with administrative and environmental regulatory disputes; and Juan Carlos Riesco, whose practice encompasses civil and commercial disputes, and antitrust and regulatory litigation. In a further boost to the team's litigation capabilities and capacity, Mónica Pérez, whose broad practice covers pre-litigious advice to mining, insurance, energy, automotive and retail clients; and Roberto Villaseca, whose workload includes international trade disputes as well as bankruptcy and insolvency issues, were both promoted to partner in late 2022.Practice head(s):
Gonzalo Fernández; Aldo Molinari; Juan Carlos Riesco; Mónica Pérez; Roberto Villaseca
Key clients
Bayer
Gmac Comercial Automotriz Chile
Laboratorios Andrómaco
Bayer
Nova Austral
Deloitte
Compañía Minera Cielo Azul
Porsche Inter Auto
H&M
Sun Dreams
Teck
PepsiCo
Work highlights
- Acted for Sun Dreams in several lawsuits before different courts (including the Supreme Court and the Constitutional Tribunal) against Chile’s gambling regulator, in relation to the regulations for casino license renewals.
- Acted for Compañía Minera Cielo Azul in three lawsuits filed by Cielo Azul for the constitution of legal mining easements.
- Acted for Nueva Unión in a claim filed by Christie, which affects one of the largest privately-owned properties in Chile (acquired by Nueva Unión in 2009 for the development of a large mining project).
Energy and natural resources > Electricity and hydrocarbons
The 13-member department at legal giant Carey has enviable experience in energy projects. The team’s track record covers advice to developers and financial entities on some of Chile’s most significant projects, including coal, natural gas, hydroelectric power, liquified natural gas, solar, wind and geothermal developments, along with floating storage and regasification-unit projects. Clients also turn to the group for its credentials in regulatory work, energy supply agreements, energy M&A, and joint ventures. It additionally acts for bidders and tenderers on electricity, oil and gas-related public and private bidding processes, as well as in relation to the construction of electric transmission lines. The team is co-led by energy regulatory and projects specialists Juan Francisco Mackenna and José Miguel Bustamante, along with José Tomás Hurley, who focuses on the development of energy projects and associated infrastructure. Within the associate ranks, Pablo Morales maintains a vibrant energy projects practice; and Carmenmaría Poblete is an expert in renewable energy projects and natural resources-related deals.Practice head(s):
Juan Francisco Mackenna; José Miguel Bustamante; José Tomás Hurley
Testimonials
‘Carey’s Energia team satisfactorily delivers the services expected from a top-notch firm, asserting its prestige in the market.‘
‘Experience and knowledge of the energy market which allows them adequate support in complex M&A negotiations, financing, etc.‘
‘José Miguel Bustamante is a very good leader of Carey’s energy practice.‘
‘José Miguel Bustamante is a lawyer who is very knowledgeable about the industry and the challenges associated with regulation and the practical reality in Chile. He generates a lot of confidence, and is very reasonable and practical.‘
‘The team with a lot of experience in the development, financing and transactions of energy projects. The key figures are partners Juan Francisco Mackenna, José Miguel Bustamante and Julio Recordon, along with associate Pablo Morales.‘
Key clients
Corporación Nacional del Cobre de Chile (CODELCO)
Atlas Renewable Energy
Fotones
Interconexión Eléctrica
Celeo Redes
Enel Chile
Sonnedix
BlackRock
Brookfield Renewables
Tikuna
Teck Resources
Barrick Gold Corporation
Minera Valle Central
Minsur – Minera Andes del Sur
Kinross
Arauco
Aftermath Silver
Hudbay Minerals
Sichuan Tianqi Lithium Industries
Melón
Marimaca Copper Corp
New Century Resources
Quiborax
Antofagasta Minerals
Work highlights
- Advised Codelco on the negotiation of a large power purchase agreement with Colbún.
- Advised Interconexión Eléctrica on the public tender carried out by the Chilean Electricity Regulator for the construction and exploitation of national transmission facilities.
- Advised Enel Chile on the sale of all its interests in Enel Transmisión Chile to SAESA.
Energy and natural resources > Mining Tier 1
The ‘great team' at Carey is routinely involved in the development and financing of Chile’s most significant mining projects. The firm also fields a go-to practice for major mining sector-related M&A transactions; and regularly advises domestic and foreign metallic and non-metallic minerals companies on their exploration, exploitation and processing activities. Other key areas for the team include mining, water and land use surface rights; environmental and community issues; agreements for mining projects; and mining-related litigation. Jointly leading the group, Rafael Vergara (‘the best mining lawyer in Chile') acts for many of the world’s largest global mining companies; Alberto Cardemil is a renowned water rights specialist; and counsel Francisco Corona regularly acts on major mining transactions. At associate level, Maximiliano Urrutia focuses primarily on natural resources, mining and energy work; and Esteban Fresno's track record includes the corporate governance aspects of a copper project development.Practice head(s):
Rafael Vergara; Alberto Cardemil; Francisco Corona
Testimonials
‘The team has a lot of experience. It compares positively with other firms due to its level of expertise in each area.‘
‘A great team and the product delivered is excellent.’
‘The team is at a very good level and understands clients’ needs.‘
‘Rafael Vergara is the best mining lawyer in Chile – his experience translates into the level of advice he delivers.‘
Key clients
Teck Resources
CODELCO (National Copper Corporation of Chile)
Barrick Gold Corporation
Minera Valle Central
Minsur – Minera Andes del Sur
Kinross
Arauco
Aftermath Silver
Hudbay Minerals
Sichuan Tianqi Lithium Industries
Melón
Marimaca Copper Corp
New Century Resources
Quiborax
Antofagasta Minerals
Work highlights
- Advised KGHM on the sale of shares (owned by Sumitomo) in the Sierra Gorda project.
- Advised Nueva Unión (subsidiary of Teck Resources and Newmont Goldcorp) on the implementation of a copper project.
- Advised Marimaca on the implementation of its Marimaca Copper project in the Region of Antofagasta.
Chile > Environment Tier 1
Carey's ‘extremely professional team' is consistently sought out for its expertise in environmental impact assessments, as well as environmental sanctioning proceedings for clients from across the mining, energy, infrastructure, water utilities, aquaculture and agriculture sectors. The full-service, 15-strong environmental, indigenous and regulatory practice also acts in complex administrative disputes and environmental litigation, including defence-side work before the Environmental Courts. Among the team’s several active figures, Rafael Vergara's broad practice encompasses natural resources, mining, water rights and energy law, along with environmental, ESG and surface land issues; Alberto Cardemil is a water rights and supply expert; and co-head of the firm’s litigation group Aldo Molinari acts in administrative and environmental regulatory litigation. Both raised to partner level in late 2022, Manuel José Barros focuses on Environmental Impact Assessment System work, environmental audits, administrative proceedings, and litigation; and the ‘highly qualified' Julio Recordon is a specialist in the environmental law aspects of energy, mining, aquaculture, forestry, health and real estate projects. In August 2022, former senior associate Tomás De La Maza moved in-house at Frutura.Practice head(s):
Rafael Vergara; Alberto Cardemil; Manuel José Barros; Julio Recordon
Testimonials
‘A very large firm that covers all areas of law and an extremely professional team with business vision.’
‘Meets the deadlines agreed with the client.‘
‘The environment team led by Julio Recordon is a very reliable group.‘
‘Julio Recordon is highly qualified, being able to provide practical solutions to complex regulatory problems.‘
‘Manuel José Barros is an excellent professional and very committed to clients – great prestige that has been earned in the field.‘
Key clients
Sonnedix
Nova Austral
Empresa Eléctrica Carén (Latin American Power Group)
Work highlights
- Assisted Sonnedix, the global solar independent power producer, with its defence of a case filed before the 2nd Environmental Court, challenging the environmental approval of its Meseta de Los Andes solar PV plant.
- Advised Empresa Eléctrica Carén (Latin America Power) on the final approval of two hydroelectric plants in the Carilafquén and Malalcahuello rivers.
- Assisted Chilean salmon farmer and processor Nova Austral with its defence of five suits brought before the 3rd Environmental Court, challenging the imposition of sanctions by the Superintendence of the Environment.
Chile > Insurance Tier 1
Full-service legal giant Carey fields a nine-strong team that acts for insurers, reinsurers, brokers and insureds on regulatory issues, underwriting and contentious work. With ‘extensive experience in the insurance market’, it consistently advises major international businesses on the structuring of significant bancassurance alliances in the local market, as well as portfolio transfers. On the litigation front, the multi-disciplinary practice is able to leverage the firm’s specialists in construction, energy, investments, data protection, finance and labour during high-stakes losses, loss adjustment processes, disputes, litigation, and arbitration. The practice’s principal figures are Matías Vergara, who acts in major insurance disputes, as well as assisting domestic and international insurance companies on their day-to-day matters; Pablo Iacobelli, an expert in insurance companies’ regulatory corporate issues and insurance-related M&A deals; and Marcos Ríos, whose broad transactional practice comprises insurance and reinsurance work. Key support comes from specialist senior associate Jorge Soto whose past experience includes time at Solunion Seguros de Credito (Mapfre Seguros- Euler Hermes).Practice head(s):
Matías Vergara; Pablo Iacobelli; Marcos Ríos
Testimonials
‘The Carey insurance practice is a consolidated team with extensive experience in the insurance market.‘
‘The team has an excellent mix of the purely legal and commercial aspects, which allows them to address large insurance businesses’ problems holistically.‘
‘Carey’s team has great expertise in insurance issues per se, but also in corporate and M&A matters involving insurance, allowing them to offer excellent service to their clients.‘
Key clients
Liberty Mutal
MetLife
BNP Paribas Cardif
Marsh
AIG UK
Utmost
Klare
Everest Group
Coopeuch
NotCo
Work highlights
- Advised BNP Paribas Cardif on the negotiation of a 10-year bancassurance alliance with Banco Itaú.
- Advised Everest Group on the incorporation of its Chilean non-life subsidiary, Everest Compañía de Seguros Generales Chile, to carry out insurance and reinsurance business.
- Advised Klare, a Chilean digital insurance broker and subsidiary of Banco Santander – Chile, on corporate and regulatory matters (among other issues).
Chile > Intellectual property Tier 1
‘A constant support in matters that are a priority for brands', Carey's large intellectual property (IP) practice is consistently sought out for the identification and protection of IP rights. The team’s substantial experience covers the prosecution and litigation of trade marks, patents and industrial designs, along with geographical indications, designations of origin, plant varieties, and domain names. The department’s expertise further encompasses copyright, anti-counterfeiting, privacy, licensing, trade secrets, intangible asset valuations, and IP management. Guillermo Carey is a go-to practitioner for pharmaceutical laboratories requiring advice on regulatory matters and patent infringements; and Francisco Carey is ‘highly specialised in patent prosecution and litigation' (in addition to trade marks, licensing and anti-counterfeiting). The second line of key advisers comprises counsel Fernando García, a well-known specialist in invention patents, and director Jorge Fuentes, who advises companies on the design and implementation of IP-based transformative innovation strategies. Within the firm’s associate pool, Catalina Aldunate specialises in trade marks, domain names, anti-counterfeiting and licensing; and Carla Encalada‘s workload covers trade marks, patents and domain names, along with IP litigation.Practice head(s):
Guillermo Carey; Francisco Carey; Fernando García; Jorge Fuentes
Testimonials
‘Without a doubt, something that characterises Carey is its precision and speed. The advice always goes beyond what is strictly requested.‘
‘Always looks for new ways to provide clients with solutions – a constant support in matters that are a priority for brands.’
‘Carey’s IP team has shown the ability to anticipate conflicts and resolve complex situations favourably, offering clients alternatives that best suit their internal scenarios.’
‘Excellent analysis capabilities, thoroughness in the legal opinions issued, and speed in responding to the client.‘
‘Excellent service.‘
‘Francisco Carey is one of the best IP lawyers around. He is always available and takes on his clients’ problems as his own. He is also very judicious in his advice, always weighing all possible scenarios.’
‘Francisco Carey is highly specialised in patent prosecution and litigation.’
‘Fernando García is a standout counsel.‘
Key clients
Nestlé
Essity
Codelco
Crocs
Algramo
IMDEX
Clorox
Wenco
WildFoods
Mercado Libre
Work highlights
- Assisted Wenco with the defence of its registered patents in three nullity actions, which were filed by KD Pack.
- Advised Altunis (part of business group Cipriani), on the registration and opposition procedures to obtain and consolidate protection over the trade mark “CIPRIANI” in Chile.
- Advised Catalina Abbott, a well-known Chilean artist, on the enforcement of her copyright to an artwork that was used for labelling wines bottles by Viu Manent Winery.
Chile > Labour and employment Tier 1
With ‘deep knowledge of the different aspects of labour law‘, full-service law firm Carey houses a 16-strong team that is sought out by both local and international companies for labour and employment advice. The group’s work scope ranges from corporate employment issues to labour litigation, union matters, and immigration and global mobility matters; recent mandates include cases before the Labour Courts regarding wrongful dismissals, sexual harassment allegations, violations of fundamental rights, anti-union practices, and work-related accidents. Co-heading the group, Oscar Aitken‘s practice incorporates collective bargaining, internal investigations, outsourcing, terminations, benefits, and compensation structures; Francisca Corti (‘great leadership and vision‘) specialises in employment and corporate immigration law; and recently-raised partner Francisco Arce predominantly assists employers with employment issues, union matters and collective bargaining, social security and labour litigation. At associate level, Valentina Kuscevic, Carla Karzulovic and Constanza Trisotti are all up-and-coming young practitioners of note. Since publication, Kuscevic has been promoted to counsel - effective as of November 2023.Practice head(s):
Óscar Aitken; Francisca Corti; Francisco Arce
Testimonials
‘Professionalism, depth of advice, and collaboration teamwork with the client.’
‘Carey’s work team stands out for the precision and rigour of the analyses it performs, and for being permanently up to date on the latest legal reforms, which are highly frequent in labour law.’
‘Gets involved with the internal realities of clients, managing to empathise and give a timely and comprehensive look at both the problems and solutions proposed (and in line with the particular characteristics of each client company.’
‘Great speed and solid knowledge.’
‘The quality of the work is such that once drafts are received, they are approved and signed by the company (almost without any modifications), which does not happen with other law firms.’
‘Deep knowledge of the different apects of labour law aspects and how they impact their clients, especially those that have a legal impact abroad. This allows them to have a complete vision of matters, which sets its lawyers apart from competitors, who mostly limit themselves to analysing local law aspects.’
‘Francisca Corti – high-level professional qualities and always available for clients.’
‘Francisca Corti – great leadership and vision.’
Key clients
Sinovac
Equinix
The Not Company
Liberty Latin America
Tata Consultancy Services
Mundo Pacífico
Blanco y Negro
Nestlé
Precision, Pulley & Idler
Merck
Work highlights
- Advised Sinovac on the purchase of a property in Santiago, in order to set up production facilities, which included the relocation of a group of expatriates and the onboarding of national employees.
- Advised Equinix on the labour asppects of its expansion into Chile and Peru relating to its acquisition of four data centres from Empresa Nacional de Telecomunicaciones.
- Advised Liberty on the labour and employment aspects of its 50/50 joint venture agreement with América Móvil to combine their respective Chilean operations (VTR and Claro Chile, respectively).
Chile > Life sciences Tier 1
The seven-strong life sciences team (including two pharmacists) at Carey is routinely mandated to advise companies and corporations from the pharmaceutical, cosmetics, medical devices, in vitro diagnostics and food sectors. ‘Undoubtedly the best life sciences team in Chile', its experience covers pharmaceutical company incorporations, sanitary registrations, public law issues, administrative procedures, and product liability and data privacy issues. The practice also houses experts in advertising, regulatory matters, and clinical and scientific investigations. On the alimentary side, the team advises on infant milk formulas, nutritional foodstuffs, animal food products, and the import, labelling and commercialisation of alcoholic beverages in Chile. The group is jointly led by Guillermo Carey, a member of the Advisory Council of the Ministry of Science and Technology; and life sciences, biotechnology, and public law specialist Ignacio Gillmore (‘the best life sciences lawyer in Chile'). At counsel level, José Ignacio Mercado focuses on life sciences work; and within the associate ranks, ‘outstanding' Cristina Busquets predominantly assists with food and beverage-related matters, as well as animal-feed regulations; José Santos Ossa is a regulatory specialist; and Camila Suárez's practice covers pharma-related IP issues.Practice head(s):
Guillermo Carey; Ignacio Gillmore
Testimonials
‘Carey has undoubtedly the best life sciences team in Chile.‘
‘Specialised knowledge in the pharmaceutical field and provides excellent service and innovative strategies.‘
‘The team has unique expertise in the food industry, which is very difficult to find in the Chilean legal market.‘
‘Ignacio Gillmore is undoubtedly the best life sciences lawyer in Chile.‘
‘Ignacio Gillmore’s legal and technical knowledge of this subject is outstanding compared to his peers. Ignacio always responds and is attentive to always providing the best service – he is clearly a benchmark lawyer in his country.‘
‘Ignacio Gillmore is an excellent lawyer and always available for emergencies.‘
‘Associate Cristina Busquets is outstanding – clients love working with her.‘
‘Cristina Busquets is always ready to give quick and quality advice on day-to-day matters. She has great knowledge regarding the food and pharmaceutical industries.’
Key clients
Merck
Bristol Myers Squibb
NotCo
Takeda
Biogen
Novartis
GlaxoSmithKline
Boehringer Ingelheim
Roche
Novo Nordisk
Work highlights
- Assisted Boehringer Ingelheim, Roche and Novartis with a consultation (filed by a local distributor of pharmaceutical products) before the Antitrust Court for the review of pricing differences between public and private sale channels.
- Assisted Novartis with an administrative sanitary proceeding ordered by the Public Health Institute, in relation to the distribution of a pharmaceutical product without market authorisation.
- Assisted Takeda with an administrative sanitary sanctioning proceeding, which was ordered by the Public Health Institute for the alleged infringement of pharmacovigilance laws and regulations.
Chile > Projects and infrastructure Tier 1
Full-service market giant Carey is consistently mandated to advise on the development, financing and execution of high-stakes projects. The firm’s extremely large 47-strong infrastructure, project development and project finance practice comprises specialists in energy infrastructure, including thermoelectric, hydroelectric, wind, photovoltaic, biomass, and oil-and-gas matters. The team is also active in projects involving mining, roads, hospitals, medical centres and telecoms, as well as the industrial, housing, hospitality, ports and airports sectors. Among the practice’s several active partners, Rafael Vergara is a mining deal expert; Oscar Aitken jointly leads the firm’s construction and engineering practice alongside real estate head Juan Pablo Stitchkin; and Juan Francisco Mackenna and José Miguel Bustamante are both sought out for major energy and infrastructure projects. Also integral to the department are renowned water rights practitioner Alberto Cardemil; Felipe Moro, an adviser on project development and finance matters; Fernando Noriega, whose broad practice includes project finance; and José Tomás Hurley, who assists with the development of energy projects and associated infrastructure issues. Key senior associate Juan Pablo Vukasovic also has wide-ranging projects expertise.Practice head(s):
Rafael Vergara; Óscar Aitken; Juan Francisco Mackenna; Alberto Cardemil; Felipe Moro; José Miguel Bustamante; Juan Pablo Stitchkin; Fernando Noriega; José Tomás Hurley
Testimonials
‘The Carey office is the one with the greatest prestige and tradition in the infrastructure area in Chile. They are very competent and very capable.’
‘Oscar Aitken is the best infrastructure and construction contracts lawyer in Chile. He is a leading practitioner in the sector, extremely competent and a partner of his customers. A true “trusted advisor”.‘
Key clients
Lima Airport Partners
Minera Centinela (Antofagasta Minerals)
Aguas Pacífico
BlackRock
Statkraft
Brookfield
Corporación Interamericana para el Financiamiento (CIFI)
Teck
Marimaca Copper Co
Work highlights
- Acted as international counsel to Lima Airport Partners on the contractual strategy and preparation of the bidding documents and contracts for the airport’s expansion.
- Advised Antofagasta Minerals on the preparation and negotiation of contracts, as well as the project management of work packages for the expansion of the Centinela development project.
- Advised Nueva Unión (subsidiary of Teck Resources and Newmont Goldcorp) on the implementation of a mega-value copper project.
Chile > Public law Tier 1
Carey’s wide-ranging public law practice covers administrative and constitutional law, along with Chile’s regulated markets and high-stakes litigation. The team’s representative workload encompasses administrative and constitutional litigation, constitutional rights, and public procurement and public concessions. In litigation, the team regularly appears before the Ordinary Courts, Court of Appeals and Supreme Court, along with Expert Panels, the Constitutional Court, Public Procurement Court, Transparency Council, and General Comptroller of the Republic. It is also consistently mandated on sanctioning procedures, regulatory compliance, state-owned companies’ regulations, and legislative enactments. The group is co-led by senior counsel Patricio Zapata, a renowned specialist in administrative, constitutional, and regulatory law, whose experience includes serving as a President of the Citizen Council of Observers of the Constituent Process (under President Michelle Bachele’s second term); and Ignacio Gillmore, an expert in administrative contracts, public tenders and administrative litigation. From the firm’s enviable associate pool, senior Juan Ignacio Alarcón advises on regulatory issues, sanctioning procedures, public policy, and administrative contracting and concessions; while Sergio Cifuentes, Martin Canessa, Carolina Baeza and José Ignacio Millañir all maintain active public law practices. Since publication the team has been further strengthened with the hire of administrative law specialist Camilo Lledó (formerly at Chahuán Letelier Lledó) as a partner - effective as of Janaury 2024.Practice head(s):
Patricio Zapata; Ignacio Gillmore
Key clients
Arauco
Ontario
Track
Strabag
Metrogas
ANFP
Sun Dreams
Melón
GNL Quintero
Work highlights
- Advised Arauco on a series of conferences with Arauco’s board of directors regarding Chile’s proposed new Constitution.
- Advised Track Group on the bidding process for the Telematic Monitoring of Convicts contract (carried out by the Gendarmería de Chile).
- Assisted Metrogas with a legal report regarding the unconstitutionality of certain rules contained in the Natural Gas Bill.
Chile > Real estate Tier 1
‘A great law firm that is very thorough in its analysis’, Carey’s large real estate department has wide-ranging experience in the financing, development and construction of real estate projects; and its sector coverage ranges from the residential, commercial, industrial and hospitality segments, to casinos, agro-housing, conservation parks, shopping centres, office buildings and educational facilities. The group is also routinely mandated on property purchases, sales, leases, portfolio securitisations, and real estate asset management; and it is further able to leverage the firm’s broader expertise in corporate, regulatory, tax, and dispute resolution matters. The team is led by Juan Pablo Stitchkin, who focuses on advising both domestic and foreign clients on real estate developments, claim management work, and project administration (among other issues); and counsel Eduardo Martin, whose broad practice also incorporates real estate work. At senior associate level, Tomás Varela advises on land use, building permits, title reviews, leases, and sale and purchase agreements; and Javiera Avilés is experienced in transactions involving office buildings, shopping centres, and multifamily residential projects, particularly on the construction side. Since publication, Varela has been promoted to counsel - effective as of November 2023.Practice head(s):
Juan Pablo Stitchkin; Eduardo Martin
Testimonials
‘Rated for its commitment, adaptability, and the great sense of urgency with which the lawyers always respond.‘
‘It is easy to find good lawyers who are very specialised and with experience, but finding real commitment and flexibility is more complicated.’
‘Carey is a great law firm that is very thorough in its analysis.’
‘Solid teamwork and knowledge – a real one-stop shop. Very creative in bringing solutions so that parties can reach agreements.’
‘The team understands not only the legal side of a transaction, but also the rationale behind it; and it is always available and delivers quick responses.’
‘Facilitates solutions to day-to-day operational problems and has a well-established reputation, meaning counterparties also rely on the work produced by Carey – this means things get concluded faster.’
‘The firm’s people are very available and they let you know this, so that clients are comfortable contacting them at any time.’
‘Juan Pablo Stitchkin and his team transmit knowledge and confidence in the work done. Juan Pablo and his team are very clear about what a contract contains and they say everything about what it should contain – they are able to answer any question or point, and every point is well-thought out.’
Key clients
Grupo Axo
SMU
Sencorp
H&M
Agroveen
Altos del Ciprés
National Audubon Society
Work highlights
- Advised Grupo Axo on real estate matters, including the due diligence, revision and negotiation of the agreements for the acquisition of Komax.
- Advised SMU on the drafting and negotiation of 21 lease agreements executed with Inmobiliaria Santander.
- Advised H&M on the preparation and negotiation of a memorandum of understanding, as well as several long-term lease agreements for shopping centres.
Chile > Tax Tier 1
The 19-strong tax practice at market giant Carey houses go-to specialists for heavyweight national and international transactional structuring. The group is also sought out for high-stakes tax litigation, tax planning, and tax due diligence and has over recent years notably strengthened its transfer-pricing practice, broadening it to include financial (in addition to legal) analysis. The interdisciplinary department, comprising lawyers, certified accountants and an economist, is co-led by domestic and international taxation specialist, Jessica Power (the first woman to be elected as partner at the firm, back in 2008); Manuel José Garcés, whose practice incorporates personal and corporate tax planning, foreign investments, and tax litigation; former Ministry of Finance tax policy head, Manuel Alcalde; and managing partner and private wealth expert, Jaime Carey T. Among key associates from the firm's considerable ranks: Pedro Gutierrez assists with the taxation of business reorganisations and audit defences; Daniela Pfeffer’s experience includes acting for energy sector companies on structuring cross-border acquisitions; and Diego Hormazábal advises on tax law, and family companies and holdings.Practice head(s):
Jessica Power; Manuel José Garcés; Manuel Alcalde; Jaime Carey
Key clients
Zurich Santander
Indura/Air Products
OTPP/SAESA
ProVida
CMPC
Qatar Airlines
Nestlé
NotCo
Santander
Patria Investments
Chile > TMT Tier 1
Market stalwart Carey houses a large, 16-strong practice with broad experience in the regulatory, corporate, financial and contractual aspects of the TMT, and sports and entertainment sectors. The practice’s specialisms include technology contracting, internet and net neutrality, Internet of Things (IoT), online content transmission, online platforms and cloud technologies. It also advises on AI, data protection, cybersecurity, robotics, blockchain, smart contracts, and cryptocurrencies. On the regulatory side, the group is experienced in obtaining licenses for telecoms services, including fixed, mobile and satellite services. Among the ‘very good’ multidisciplinary team’s leading practitioners, Alfonso Silva is a deeply experienced telecoms industry expert; Guillermo Carey acts for several high-impact technology companies on technology transfers and internationalisation issues; and at counsel level, Eduardo Martin is an adviser on TMT-related regulatory, commercial and transactional issues, while José Ignacio Mercado is a privacy, data protection and cybersecurity expert. Senior associate Raúl Mazzarella is also on hand to advise on TMT sector-related regulatory issues and deals.Practice head(s):
Alfonso Silva; Guillermo Carey; Eduardo Martin; José Ignacio Mercado
Testimonials
‘A very good multidisciplinary team with specialists in several areas.‘
‘Able to provide a more personalised service.‘
Key clients
Crystal Lagoons
Algramo
NotCo
SMU
Knapp
Fuente Chilena
AmCham
ALD Automotive
Caja Compensación Los Héroes
WOM
Fondo Nacional de Infraestructura
Intelsat
British Telecoms
Grupo Werthein
Digital Bridge
Blanco & Negro
Work highlights
- Advised Intelsat on the Chilean corporate, contractual and regulatory aspects of its in-flight connectivity services for the LatAm Airlines fleet in Chile, Ecuador, Colombia and Peru.
- Advised British Telecoms on the provision of its telecoms services in Chile.
- Advised Desarrollo País on the commercial, corporate, M&A and regulatory aspects of the Humboldt Project, an approximately 14,000km optic fibre submarine cable that will join South America with the Australian continent.
Chile > Venture capital Tier 1
The longstanding venture capital (VC) practice at full-service firm Carey is consistently mandated by local and international VC funds to advise on significant company purchases and sales. The sizeable group also assists start-ups during initial stages, as well as internationalisation processes. Heading up the ‘very solid’ team is Francisco Guzmán, the current President of the Chilean Venture Capital Association (ACVC), who plays a vital role in promoting Chile as an attractive destination for investors. Guzmán’s recent track record includes advising large corporate ventures, such as CMPC Ventures and Agunsa, as well as VC investors Genesis Ventures and Manutara Ventures, on their investments in tech start-ups. He also assists start-ups with their internationalisation plans. Within the firm’s enviable associate pool, the broad practices of Carlos Alcalde and Andrés Latorre cover VC deals; Sebastián Melero’s experience includes advising a fintech, which grants micro-loans to individuals and SMEs, on a financing round; and Carolina Miller focuses on commercial and corporate matters, M&A, and VC transactions.Practice head(s):
Francisco Guzmán
Testimonials
‘The team is very solid, has great knowledge of the industry, and can advise appropriately during negotiations, achieving better conditions.‘
‘Speedy and highly appreciated response times.‘
‘Francisco Guzmán is a great guide on how to carry out and negotiate a deal.‘
Key clients
Softbank Latin American Fund
Zapping TV
Legria
Jeeves
Manutara Ventures
Agunsa
Tengram Capital Partners
Screen Capital
Shinkansen
CMPC Ventures
Weboost
NuBank
Banchile Inversiones
Checkeados
Kredito
Genesis Ventures
Aurus Ventures
Work highlights
- Advised Manutara Ventures on a series-B financing round to Xepelin Holdings and totalling $111m.
- Advised Softbank Latin American Fund on the local aspects of the series-B equity financing round of Laika, a Colombian start-up developer of an e-commerce platform for pet products.
- Advised Zapping, a Chilean start-up that provides subscription-based live TV services through the internet, on the acquisition of Brazilian company Guigo Television.
Chile > Water law Tier 1
The seven-strong water rights practice group at full-service firm Carey advises on the development of a range of projects that require the use of water, including mining, agribusiness, water utilities, chemical facilities and fisheries, as well as water supply for human consumption, and hydroelectric generation in run-of-river, reservoir and tidal power plants. The practice routinely assists with the strategic planning of water rights for projects and related administrative processes before the Chilean Water Authority; and its water law expertise further covers the sale and acquisition of rights of use and water supply. Other areas of strength are compliance audits and tenders; and legal reports for litigation or strategic purposes, as well as water law-related judicial defence strategies. Heading up the practice, member of the board of directors of public water utility Aguas Nuevo Sur Maule, Alberto Cardemil, focuses on water law, natural resources transactions and litigation, along with corporate and commercial law. Cardemil is supported by associate Camila Lavín, who has longstanding experience in water, agribusiness and regulatory law.Practice head(s):
Alberto Cardemil
Key clients
Ferrero Rocher Group
Empresa Sanitaria de Los Lagos
Pan American Silver Corp
Westchester Agriculture Asset Management
Agroveen
Electrolux Chile
Continental Grain Company
Work highlights
- Advised Pan American Silver Corp on a due diligence report on environmental and water rights, which related to the acquisition of Yamana Gold’s mining operations.
- Advised Nutland and Agrichile on the administrative and judicial procedures and applications to acquire, modify or regularise water rights.
- Advised Westchester on a water rights due diligence for the enhancement, development and operation of its agricultural asset portfolio in Chile.
Chile > Dispute resolution: white-collar crime Tier 2
Specialising in complex litigation cases at both national and international levels, the criminal law practice at full-service firm Carey ranges from economic and tax crimes, to cybercrime, violations of anti-corruption laws, domestic and international asset laundering, and breaches of industrial and IP laws. The multidisciplinary team advises clients from the earliest of stages, its assistance covering risk prevention and analyses, internal investigations, and how to react to criminal contingencies. It additionally represents clients’ interests during administrative and judicial proceedings throughout the country. The group is co-led by renowned Chilean litigator Gonzalo Fernández, who also heads the firm’s litigation, compliance and anti-corruption team; and senior counsel Rodrigo Aldoney (a February 2022 hire from BCP Abogados), whose expertise covers economic crimes, fraud and environmental offences. Aldoney also advises corporate boards on criminal risks and internal corporate investigations. At associate level, senior Eduardo Alcaíno and semi-senior Caterina Ravera (who has just completed her LLM), both maintain active white-collar crime practices.Practice head(s):
Gonzalo Fernández; Rodrigo Aldoney
Key clients
Coopeuch
Work highlights
- Assisted Coopeuch with an investigation that was initiated after a criminal complaint was filed for unfair administration against Coopeuch’s employees,who intentionally falsified financial and accounting records preventing the detection of erroneous payments made to businesses partners.
Carey > Firm Profile
Carey is Chile’s largest full-service law firm. The corporate, litigation and regulatory groups comprise specialized attorneys in all areas of law. Clients include some of the world’s largest multinationals, international organizations, and some of the most important local companies and institutions.
Carey is a member of several prestigious international legal networks such as World Services Group, PRAC, FLI, Terralex, The Interlex Group, Employment Law Alliance, RIELA, and ALAE.
Practice areas and industries: Carey’s practice areas and industries are: agribusiness; antitrust and regulated markets; arbitration; aviation; banking and finance; capital markets; China desk; compliance and anti-corruption; construction and engineering; consumer law and advertising; corporate immigration; criminal law; data protection; direct sales; education; energy; entertainment and culture; environmental law and litigation; ESG; family companies and holdings; fintech; fishing and aquaculture; food and beverage; funds; government procurement; health and digital health; hospitality and gaming; infrastructure and project development; insolvency, bankruptcy and restructuring; insurance and reinsurance; intellectual property; international trade and customs; labor and employment law; licensing, franchising and distributorship; life sciences; litigation; logistics and transportation; maritime and ports; mergers and acquisitions; mining; private equity; public law; real estate; sports law; tax law; telecommunications, media and technology; venture capital; water rights.
Main Contacts
Department | Name | Telephone | |
---|---|---|---|
Chairman | Jorge Carey | jcarey@carey.cl | +56 2 2928 2221 |
Managing Partner | Jaime Carey | jacarey@carey.cl | +56 2 2928 2224 |
Partner | Rafael Vergara | rvergara@carey.cl | +56 2 2928 2210 |
Partner | Diego Peralta | dperalta@carey.cl | +56 2 2928 2216 |
Partner | Alfonso Silva | asilva@carey.cl | +56 2 2928 2232 |
Partner | Oscar Aitken | oaitken@carey.cl | +56 2 2928 2223 |
Partner | Pablo Iacobelli | piacobelli@carey.cl | +56 2 2928 2215 |
Partner | Salvador Valdés | svaldes@carey.cl | +56 2 2928 2224 |
Partner | Guillermo Carey | gcarey@carey.cl | +56 2 2928 2612 |
Partner | Gonzalo Fernández | gfernandez@carey.cl | +56 2 2928 2203 |
Partner | Francisco Ugarte | fugarte@carey.cl | +56 2 2928 2201 |
Partner | Marcos Ríos | mrios@carey.cl | +56 2 2928 2208 |
Partner | Juan Francisco Mackenna | jfmackenna@carey.cl | +56 2 2928 2210 |
Partner | Jessica Power | jpower@carey.cl | +56 2 2928 2226 |
Partner | Guillermo Acuña | gacuna@carey.cl | +56 2 2928 2215 |
Partner | Lorena Pavic | lpavic@carey.cl | +56 2 2928 2482 |
Partner | Alberto Cardemil | acardemil@carey.cl | +56 2 2928 2211 |
Partner | Felipe Moro | fmoro@carey.cl | +56 2 2928 2231 |
Partner | Cristián Eyzaguirre | ceyzaguirre@carey.cl | +56 2 2928 2209 |
Partner | Francisco Carey | fcarey@carey.cl | +56 2 2928 2638 |
Partner | Ricardo Reveco | rreveco@carey.cl | +56 2 2928 2213 |
Partner | José Miguel Bustamante | jmbustamante@carey.cl | +56 2 2928 2211 |
Partner | Juan Pablo Stitchkin | jpstitchkin@carey.cl | +56 2 2928 2223 |
Partner | Aldo Molinari | amolinari@carey.cl | +56 2 2928 2213 |
Partner | Jorge Ugarte | jugarte@carey.cl | +56 2 2928 2201 |
Partner | Francisco Guzmán | fguzman@carey.cl | +56 2 2928 2217 |
Partner | Ignacio Gillmore | igillmore@carey.cl | +56 2 2928 2612 |
Partner | Cristián Figueroa | cfigueroa@carey.cl | +56 2 2928 2209 |
Partner | Francisca Corti | fcorti@carey.cl | +56 2 2928 2212 |
Partner | Matias Vergara | mvergara@carey.cl | +56 2 2928 2208 |
Partner | Juan Carlos Riesco | jcriesco@carey.cl | +56 2 2928 2203 |
Partner | Patricia Silberman | psilberman@carey.cl | +56 2 2928 2224 |
Partner | Manuel José Garcés | mgarces@carey.cl | +56 2 2928 2207 |
Partner | Manuel Alcalde | malcalde@carey.cl | +56 2 2928 2226 |
Partner | Fernando Noriega | fnoriega@carey.cl | +56 2 2928 2216 |
Partner | Francisco Arce | farce@carey.cl | +56 2 2928 2212 |
Partner | Alejandra Daroch | adaroch@carey.cl | +56 2 2928 2231 |
Partner | José Tomás Hurley | jthurley@carey.cl | +56 2 2928 2211 |
Partner | Jaime Carey Jr. | jca@carey.cl | +56 2 2928 2215 |
Partner | José Pardo | jpardo@carey.cl | +56 2 2928 2482 |
Partner | Manuel José Barros | mjbarros@carey.cl | +56 2 2928 2211 |
Partner | Julio Recordon | jrecordon@carey.cl | +56 2 2928 2381 |
Partner | Mónica Pérez | mperez@carey.cl | +56 2 2928 2203 |
Partner | Roberto Villaseca | rvillaseca@carey.cl | +56 2 2928 2213 |
Meet The Team(s)
Lawyer Profiles
Photo | Name | Position | Profile |
---|---|---|---|
Guillermo Acuña | Partner of Carey and co-head of the firm’s Corporate / Mergers &… | View Profile | |
Oscar Aitken | Partner of Carey and co-head of the Labor and the Construction and… | View Profile | |
Manuel Alcalde | Partner at Carey and co-head of Carey’s Tax Group. | View Profile | |
Rodrigo Aldoney | Senior Counsel of Carey. | View Profile | |
Francisco Arce | Partner of Carey and co-head of the firm’s Labor Group. | View Profile | |
Manuel José Barros | Partner of Carey and co-head of the firm’s Environment Group. | View Profile | |
José Miguel Bustamante | Partner of Carey and co-head of the firm’s Energy Group. | View Profile | |
Alberto Cardemil | Partner of Carey and co-head of the firm’s Natural Resources and Environmental… | View Profile | |
Jaime Carey | Carey’s Managing Partner and co-head of the firm’s Tax Group. | View Profile | |
Jorge Carey | Chairman of Carey. | View Profile | |
Francisco Carey | Partner of Carey and co-head of the firm´s Intellectual Property and Information… | View Profile | |
Guillermo Carey | Partner of Carey and co-head of the firm’s Intellectual Property and Information… | View Profile | |
Jaime Carey A | Partner of Carey and co-head of the firm’s Mergers & Acquisitions Group. | View Profile | |
Francisca Corti | Partner of Carey and co-head of the firm’s Labor and Corporate Immigration… | View Profile | |
Alejandra Daroch | Partner of Carey and co-head of the firm’s Corporate / Mergers &… | View Profile | |
Cristián Eyzaguirre | Partner of Carey and member of the firm´s Mergers & Acquisitions and… | View Profile | |
Gonzalo Fernández | Partner of Carey and co-head of the firm’s Litigation Group. | View Profile | |
Cristián Figueroa | Partner of Carey and co-head of the firm’s Corporate / Mergers &… | View Profile | |
Manuel José Garcés | Partner at Carey and co-head of Carey’s Tax Group. | View Profile | |
Fernando García | Counsel of Carey’s Intellectual Property and Information Technology Group. | View Profile | |
Ignacio Gillmore | Partner of Carey and co-head of the firm’s Life Sciences and Biotechnology… | View Profile | |
Francisco Guzmán | Partner of Carey and co-head of the firm’s Venture Capital, Private Equity,… | View Profile | |
José Tomás Hurley | Partner of Carey and co-head of the firm’s Energy Group. | View Profile | |
Pablo Iacobelli | Partner of Carey and co-head of the firm’s Corporate / Mergers &… | View Profile | |
Juan Francisco Mackenna | Partner of Carey and co-head of the firm’s Energy Group. | View Profile | |
Eduardo Martin | Counsel of Carey’s Corporate / TMT (Telecommunications, Media & Technology) Group. | View Profile | |
José Ignacio Mercado | Counsel of Carey’s Data Protection and Technology Group. | View Profile | |
Aldo Molinari | Partner of Carey and co-head of the firm´s Litigation Group. | View Profile | |
Felipe Moro | Partner of Carey and co-head of the firm’s Banking and Finance Group. | View Profile | |
Fernando Noriega | Partner of Carey and co-head of the firm’s Banking & Finance /… | View Profile | |
José Pardo | Partner of Carey and co-head of the firm’s Antitrust and Regulated Markets… | View Profile | |
Lorena Pavic | Partner of Carey and co-head of the firm’s Antitrust and Regulated Markets… | View Profile | |
Diego Peralta | Partner of Carey and co-head of the firm’s Banking and Finance Group. | View Profile | |
Mónica Pérez | Partner of Carey and co-head of the firm’s Litigation Group. | View Profile | |
Jessica Power | Partner of Carey’s Tax Group. | View Profile | |
Julio Recordon | Partner of Carey and co-head of the firm’s Environment Group. | View Profile | |
Ricardo Reveco | Partner of Carey and co-head of the firm’s Litigation and Insolvency and… | View Profile | |
Juan Carlos Riesco | Partner of Carey and co-head of the firm’s Litigation Group. | View Profile | |
Marcos Ríos | Partner of Carey and co-head of the Corporate / Mergers & Acquisitions… | View Profile | |
Patricia Silberman | Partner of Carey and co-head of the Corporate / Mergers & Acquisitions… | View Profile | |
Alfonso Silva | Partner and head of Carey’s Corporate / TMT (Telecoms, Media & Technology)… | View Profile | |
Juan Pablo Stitchkin | Partner of Carey and co-head of the Construction and Engineering Group and… | View Profile | |
Jorge Ugarte | Partner of Carey and co-head of the firm´s Corporate / Mergers and… | View Profile | |
Francisco Ugarte | Partner of Carey and co-head of the firm’s Corporate / Mergers &… | View Profile | |
Salvador Valdés | Partner of Carey, , focusing on corporate matters, mergers and acquisitions, capital… | View Profile | |
Matías Vergara | Partner of Carey and co-head of the Insurance and Reinsurance / Customs… | View Profile | |
Rafael Vergara | Partner of Carey and co-head of the firm´s Natural Resources and Environment… | View Profile | |
Roberto Villaseca | Partner of Carey and co-head of the firm’s Litigation Group. | View Profile | |
Patricio Zapata | Senior Counsel of the Public Law Group. | View Profile |
Staff Figures
Other fee-earners : + 270 Total staff : + 550Languages
Spanish English (fluent) Italian French German Chinese (Mandarin) HebrewMemberships
TerraLex The Interlex Group Pacific Rim Advisory Council (PRAC) World Services Group (WSG) FLI Employment Law Aliance RIELA ALAEOther
Equity partners : 44- Banking and finance
- Bankruptcy, insolvency and restructuring
- Capital markets
- Competition and antitrust
- Compliance
- Consumer and advertising law
- Corporate and M&A
- Data privacy
- Dispute resolution: arbitration
- Dispute resolution: litigation
- Energy and natural resources > Electricity and hydrocarbons
- Energy and natural resources > Mining
- Environment
- Insurance
- Intellectual property
- Labour and employment
- Life sciences
- Projects and infrastructure
- Public law
- Real estate
- Tax
- TMT
- Venture capital
- Water law
Top Tier Firm Rankings
- Dispute resolution: white-collar crime