Barros & Errázuriz‘s substantial 57-strong practice is consistently sought out for complex and high-stakes deals, including private acquisitions, cross-border takeovers (including those of listed companies), the acquisition of controlling and minority interests, divestitures and corporate restructuring processes. Clients additionally appreciate the team’s access to the expertise in business-related taxation, antitrust, banking, finance, bankruptcy and competition housed at the firm – as well as the deep knowledge of the energy, real estate and telecoms sectors. Among the firm’s numerous experienced partners, corporate department head Pablo Guerrero is ‘a born leader for complex corporate transactions‘; M&A and foreign investment specialist Bernardo Simian is ‘always present during discussions‘; Fernando Barros advises on investment projects, business strategies, and corporate and financial structures (in addition to heading the tax department); Cristián Barros‘ broad transactional practice includes M&A work; and Emilio Vásquez and Carlos Ducci both advise on corporate law, foreign investment, M&A and joint ventures. Corporate law and M&A expert Sergio Eguiguren; Luis Alberto Letelier, whose workload includes M&A matters; José Tomás Errázuriz, who advises on corporate law, in addition to being dispute resolution head; and Vicente Cordero, a partner since 2020, are additional key practitioners. The corporate-focused Lucas Marinovic became a partner in March 2022, while counsel Daniela Peña is also experienced in corporate issues, M&A and restructuring.
Corporate and M&A in Chile
Barros & Errázuriz
Pablo Guerrero; Emilio Vásquez; Carlos Ducci; Sergio Eguiguren; Vicente Cordero
‘A very good team – its availability and commercial focus stand out when resolving problems.‘
‘Great work, with the willingness and flexibility to find solutions.‘
‘What makes this practice unique is its knowledge of the funds industry in Chile, added to its vast commercial experience and international network of contacts. The lawyers are highly respected both in Chile and abroad, and always show willingness to understand their clients’ businesses.‘
‘The corporate and M&A team is an experienced group with great commercial sensitivity during complex and international M&A transactions.‘
‘Pablo Guerrero is a born leader for complex corporate transactions, providing clients with guidance during the key aspects of negotiations. His expertise is obvious during meetings with other lawyers, where he is able to articulate agreements excellently.‘
‘Bernardo Simian is always present during discussions and his very good handling of issues is noted – despite delegating, he always knows the details and particularities of our requirements.‘
BTG Pactual Timberland
Moneda Asset Management
- Advised Colbún on the $1.29bn sale of Colbún Transmisión.
- Advised a consortium (comprising Canadian British Columbia Investment Management Corporation, APG and BTG Pactual Timberland Investment Group on the $385.5m acquisition of 461 properties from Forestal Arauco.
- Advised Globalvía Licitaciones e Infraestructura Chile on the $323m acquisition of a 34% stake in Brookfield Americas Infrastructure Holdings Chile I.
‘On par with major New York law firms‘, Chilean behemoth Carey houses ‘an outstanding group of partners and associates‘ who are ‘experienced, knowledgeable, accessible and responsive‘. The 54-strong practice is sought out for its expertise in a broad range of M&A deals, such as takeovers via public offerings, minority share purchases, acquisitions of companies and asset packages, private equity transactions, and insolvency and reorganisation-related acquisitions. Within the large partner pool, Jorge Carey is a go-to adviser for both government institutions and private industry; managing partner Jaime Carey T is a tax expert with deep knowledge of M&A and foreign investment transactions; Claudio Lizana focuses on corporate law, M&A, antitrust regulation and merger control; Pablo Iacobelli is a deeply experience corporate and transactional specialist; while Salvador Valdés is highlighted as ‘very skilled‘, and Francisco Ugarte and Cristián Figueroa are also true M&A experts. Additional key partners include Marcos Ríos and Patricia Silberman, who are both Chile and US-qualified; corporate aviation expert Guillermo Acuña; Cristián Eyzaguirre and Jorge Ugarte, both of whom act on M&A and private equity matters; and Francisco Guzmán, who leads the firm’s commercial office in Miami. The senior bench was further strengthened with the raising of Jaime Carey A and Alejandra Daroch to the partnership; and senior associate Josefina Marshall is also noted. Since publication, Lizana has left to establish his own boutique practice - effective December 2022.
Jorge Carey; Jaime Carey T; Claudio Lizana; Pablo Iacobelli; Salvador Valdés
‘The Carey team 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 transactions involving Chilean companies.‘
‘As one of the leading firms in Chile, the Carey team is involved in many high-profile cross-border M&A transactions, and has a perspective on cross-border transactions that few local firms can match.‘
‘The Carey team is very responsible and responsive, and on par with major New York law firms.‘
‘They are friendly lawyers, who are specialists that are flexible and find solutions. The lawyers that stand out are Jorge Ugarte and Alejandra Daroch.‘
‘Salvador Valdés is very skilled, committed, balanced, conciliatory and creative. He also has a wide network, which helps clients a lot.‘
‘Patricia Silberman is an outstanding partner with extensive US legal experience, who provides excellent service on cross-border M&A transactions.‘
‘Cristián Figueroa is a highly knowledgeable and experienced lawyer, who is able to navigate the complexities of transactions that have no precedent and involve extensive discussions with the Chilean regulators.’ He also works collaboratively with international counsel and makes the coordination of Chilean and non-Chilean legal matters very smooth, which provides the client with seamless legal advice across all aspects of cross-border M&A transactions.‘
‘We have worked very closely with Cristián Figueroa on a number of highly complex and unprecedented reorganisation transactions that he has led from the Chilean side. With Cristián on the team, you can be confident that the Chilean law side is under control.‘
Capstone Mining Corp
Birch Hill Equity Partners
Brookfield Infrastructure Partners
Asterion Industrial Partners
Liberty Latin America
- Advised Urbaser, an environmental services provider, on its €3.5bn sale to Platinum Equity.
- Advised Capstone Mining Corp on a $3.3bn joint venture with Mantos Copper.
- Advised private equity firm Cinven on its €1.24bn acquisition of a 79% stake in fibre optic business Ufinet Latam.
Cariola Díez Pérez-Cotapos
The ‘very complete' 44-strong practice at Cariola Díez Pérez-Cotapos is consistently sought out for its expertise in joint ventures, private equity and venture capital deals, as well as the acquisition of private and public companies. It also houses specialists in mergers and spin-offs, along with corporate restructuring transactions; and boasts a recent transactional track-record that is particularly strong in the mining, energy, infrastructure, insurance, media, and banking (/financial service) sectors, among others. The practice group houses a core group of highly in-demand partners; namely senior figures Francisco J Illanes (‘a leading lawyer in the local legal environment' who also has extensive international experience); corporate law expert Sergio Díez; M&A specialist Gerardo Varela; and Cristián Herrera, who advises on corporate/M&A, foreign investment and securities regulations; while Juan Pablo Matus and recently promoted Tomás Vidal ‘both demonstrate great technical knowledge'. Corporate, natural resources and mining law specialist Carlos Pérez-Cotapos; mining contracts expert Gonzalo Grez; and Andrea Saffie are also integral to the practice, as is José Luis Letelier, who has longstanding corporate law, M&A and foreign investment expertise. At senior associate level, María Francisca Salas and Sergio Balharry are active M&A advisers.
José Luis Letelier; Francisco J Illanes; Sergio Díez; Gerardo Varela; Cristián Herrera; Juan Pablo Matus; Carlos Pérez-Cotapos; Gonzalo Grez; Andrea Saffie; Tomás Vidal; Sebastián Obach
‘Maintains solid work teams with a balance between experienced and junior lawyers, who have very good skills and good potential for professional growth.‘
‘Cariola has a very complete team of lawyers both at partner and associate level. The involvement and availability of the partners on our deal was total.‘
‘A very competent team that is always available, and provides a solid understanding of local law and substantiated answers.‘
‘A business-focused team that speaks the same language as clients.‘
‘The lawyers have the professional knowledge and ability to analyse very complex matters, and deliver diverse options -a practical approach, with a view to solving problems without losing sight of the options and risk analysis.‘
‘Francisco J Illanes is a leading lawyer in the local legal environment.‘
‘Both Juan Pablo Matus and Tomás Vidal demonstrate great technical knowledge ; and they are both very involved and available at all times. I would recommend them for future business in Chile.‘
- Advised América Móvil (Claro Chile) on a joint venture with Liberty Latin America (VTR) to combine their respective operations in Chile on a 50/50 basis.
- Advised South 32 on two conditional agreements with Sumitomo Metal Mining and Sumitomo Corporation to acquire a 45% interest in the Sierra Gorda copper mine in Chile for $1.5bn.
- Advised Gemini Investments on a $60m Series B financing round for Burn to Give, the largest insurtech fundraising round in Latin America to date.
Claro & Cia.
The 36-strong M&A group at renowned blue-chip player and market stalwart Claro & Cia. routinely assists with due diligence and structuring issues, negotiations, and the drafting and completion of complex acquisition agreements, including share and asset deals, cross-border mergers, takeovers and exchange offers; it is particularly well known for its M&A work involving publicly-listed clients. The practice is led by renowned M&A partner José María Eyzaguirre B, who focuses on complex cross-border transactions, with a specific focus on tender offers, public transactions and corporate governance issues; Rodrigo Ochagavía, an M&A expert in deals involving regulated sectors such as energy, pension funds and insurance; energy M&A specialist Matías de Marchena; and Felipe Larraín, who is active in cross-border transactions involving foreign investors. Also integral to the practice are: Ariel Mihovilovic, who primarily advises on the acquisition and sale of energy sector assets; funds specialist Juan José León; and cross-border transactions expert José María Eyzaguirre F. Counsel Patricio Smart is also noted.
José María Eyzaguirre B
‘The lawyers have a great business vision that complements their work very well.‘
Inversiones y Rentas
Stone Canyon Industries Holdings
Link Capital Partners
- Assisting LATAM with its multibillion-dollar Chapter 11 reorganisation proceeding.
- Advised State Grid International Development on its €2.5bn purchase of equity interests in Compañía General de Electricidad, CGE Servicios and their Chilean subsidiaries.
- Advised Aker Horizons AS on its $1bn acquisition of a 75% interest stake in Mainstream Renewable Power.
Philippi Prietocarrizosa Ferrero DU & Uría
The ‘very effective M&A team’ at the Chilean office of multijurisdictional, full-service law player Philippi Prietocarrizosa Ferrero DU & Uría focuses on corporate advisory and investment matters including M&A, divestitures, joint ventures, spin-offs, and other strategic and financial transactions. The M&A and corporate practice is particularly specialised in deals involving the energy, finance, infrastructure, healthcare, pharmaceutical and technology sectors. Among the department’s highly-rated partners: Alberto Pulido A is a senior figure of note across corporate, M&A and finance matters; particularly active, Federico Grebe is a leading M&A, private equity and corporate law expert; Andrés Sanfuentes has broad M&A-transactions experience; Carlos Alberto Reyes advises on major energy transactions; and Juan Pablo Wilhelmy is a commercial deal specialist. The second line of key advisers includes principal associate Constanza Rodríguez, whose transactional practice includes public offers; and senior associate Guillermo Vial, an increasingly integral corporate and M&A team member, particularly as regards venture capital and fintech. In 2021, the firm merged absorbed the energy and natural resources-focused Carcelén, Desmadryl, Guzmán & Tapia, while experienced partner Tomás Acosta returned to the Madrid office of allied firm Uría Menéndez after two years in Santiago. Since research concluded, the firm has hired Chile’s former ambassador to China, Luis Schmidt Montes, to lead its China Desk (effective July 2022), an initiative in which mining partner Juan Paulo Bambach is also involved.
Federico Grebe; Andrés Sanfuentes; Juan Pablo Wilhelmy; Alberto Pulido A; Carlos Alberto Reyes; José Tagle Q
‘Very professional and available, with timely knowledge and responses.‘
‘It is a very effective M&A team that is clear, direct and solves problems – very different from other teams that unnecessarily complicate certain situations just to increase work hours.‘
‘The lawyers respond very quickly and with business-oriented solutions.‘
Manulife Investment Management
Bolsa de Comercio de Santiago
RWE Renewables Americas
The Rohatyn Group
- Advised Experian Group on the acquisition of a controlling stake (67%) in Servicios de Información Avanzada Comercial y Financiera.
- Advised ViacomCBS on the acquisition of Red de Televisión Chilevisión.
- Assisted the Santiago, Lima and Bogota stock exchanges on their $620m integration of the three stock exchanges.
Baker McKenzie Chile
With longstanding experience in advising both local and international clients, Baker McKenzie Chile's 12-strong group is highly regarded for its expertise in regional and multinational cross-border deals, including M&A transactions, joint ventures, corporate reorganisations. Clients also benefit from the office’s ability to assist with tax structuring, corporate finance, post-acquisition integration services, due diligence and antitrust clearance, along with privatisations, commercial contracts, corporate governance, private equity matters and regulatory advice. Senior figure Jaime Munro's broad practice includes private and public M&A, and venture capital and private equity transactions; while corporate and partnership law expert Fernando Castro ‘does a tremendous job', according to clients. Of counsel Leon Larrain -a former corporate and M&A practice head- provides additional senior expertise; while Diego Ferrada and Sebastian Vivanco, both transactional and M&A specialists, constitute a solid second line of advisers. At associate level, senior Martin Müller is an up-and-coming figure, as is associate Cristobal Larrain who also assists with corporate matters.
Jaime Munro; Fernando Castro; Diego Ferrada; Sebastián Vivanco; León Larraín
‘Baker McKenzie in Chile stands out for the precision, speed and commitment with which it works. The lawyers are systematically expected to meet the highest of client expectations, helping us analyse the implications of carrying out complex transactions, and providing objective points of view that include the advantages and disadvantages of multiple options.‘
‘They have good internal capacity to form multidisciplinary teams with different legal specialties, with the aim of comprehensively covering our requirements.‘
‘Throughout the pandemic, the firm rose to the occasion and it has always been possible to interact with partners through the use of virtual meetings and video conferences.‘
Jamaica Producers Group
Seguros Vida Security Previsión
Thyssenkrupp Steel Europe
- Advised Credicorp Capital Asset Management Administradora General de Fondos on the incorporation of a public investment fund, Fondo de Inversión Credicorp Capital Patio Renta Industrial I.
- Advised Credicorp Capital Asset Management Administradora General de Fondos on the incorporation of a public investment fund (Fondo de Inversión Credicorp Capital Renta Inmobiliaria II) for the indirect acquisition of the Espacio Urbano La Reina shopping mall.
- Advised Credicorp Capital Asset Management Administradora General de Fondos (Credicorp) on a joint venture between Fondo de Inversión Credicorp Capital Renta Residencial II (a public investment fund managed by Credicorp), Greystar and construction company Mena y Ovalle.
CMS Carey & Allende
The 17-strong practice at CMS Carey & Allende is highly active in both local and international M&A transactions and demonstrates notable expertise across a broad array of industries including energy, private equity, financial services, manufacturing, IT, telecoms, infrastructure and utilities, along with real estate, construction, hospitality, leisure and life sciences. The corporate and M&A department is co-led by managing partner Ramón Valdivieso, who focuses primarily on M&A operations (both in Chile and elsewhere in Latin America via the CMS’ regional network); and ‘outstanding attorney‘ Jorge Allende D. Also key to the group are: Luis Felipe Arze, who is especially active in the energy (/natural resources), agribusiness, hospitality and regulated-markets’ sectors; and M&A and corporate law specialist Fernando De Cárcer. Experienced senior associates Sebastian Barros and Enrique Vergara both handle corporate and M&A work.
Ramón Valdivieso; Jorge Allende D
‘Lawyers who understand our business.‘
‘Different solutions presented by lawyers who prevent future problems.‘
‘The corporate and M&A team at CMS Carey & Allende is excellent. It has extensive experience in corporate and M&A and a high level of service.‘
‘We were attended by a very competent M&A team with extensive knowledge of SPAs and all related topics. Availability 24/7, excellent service and very proactive.‘
‘The CMS Carey & Allende team is very complete and the level of the lawyers is very high – they have extensive experience, not only in this area, but also in other matters consulted upon.‘
‘The lawyers undoubtedly stand out for their high level of knowledge, willingness to attend to the queries raised, and the speed in giving answers.‘
‘Jorge Allende D is an outstanding attorney.‘
‘The team that advised us was headed by Luis Felipe Arze and senior associate Sebastián Barros, who handled the work virtually without any inconvenience.‘
Mérieux NutriSciences Chile
Comercializadora Maquipan Chile
Main Street Capital Corporation
Fondo de Inversión Privado Victoria II
The Blackstone Group
China Three Gorges Corporation
- Acted as local counsel to KKR on M&A, telecoms and financing matters related to its $1bn acquisition of a majority stake (60%) in Telefónica Chile’s existing fibre optic network.
- Advised Dreams on the structuring and negotiation with Enjoy of a strategic business combination involving Enjoy’s and Dreams’ businesses in Latin America; estimated value: $2bn.
- Advised Cristian Tala Sanchez, as seller, on the sale of Pago Fácil, a payment gateway in Chile, to a joint venture formed by EVO Payment and BCI Pagos.
Establishing its corporate and M&A practice in Chile in 2021, Iberian firm Cuatrecasas‘ Santiago office houses a 20-strong group that has extensive experience in advising national and international clients on their corporate transactions both domestically and abroad; its representative work includes M&A, asset and business transfers, joint ventures, distressed deals, commercial agreements and corporate restructuring. The corporate and M&A, banking and finance and capital markets groups are coordinated by former head of Guerrero Olivos‘ corporate practice and well-known market figure, Roberto Guerrero, who focuses on M&A, corporate governance and corporate restructuring. He is flanked by fellow M&A specialists Macarena Ravinet (who also handles corporate restructuring, corporate governance, private equity and all types of financings) Josefina Yávar (who has a particular focus on venture capital and energy M&A transactions) and Tomás Kubick (joint ventures, private biddings and merger control proceedings); along with infrastructure-focused, M&A and corporate restructuring expert Alfonso Ugarte, formerly at the now defunct Baraona Fischer Spiess, who also arrived in January 2021. Additional growth includes the relocation of capital markets and M&A transactions partner, Gerard Correig, from the firm’s Barcelona office to Santiago, while a strong second tier is led by principal associates Fernanda Anguita Roll and Franco Dalmazzo (who also heads up the offices German desk); however, Manuel Francisco Guerrero moved to Becker Glynn as a foreign associate in July 2022, and Ugarte has relocated to the firm’s New York office, effective as of September 2022. Since publication, the office has further strengthened its offering with the hire of energy (particularly electricity) and infrastructure specialist Sebastian Leyton -formerly at the Superintendencia de Electricidad y Combustibles- as a partner, effective February 2023.
‘The members of the Cuatrecasas team have a comprehensive vision – they do not worry only about the legal aspects, but also consider the different implications for the client’s business.‘
‘Cuatrecasas provides an excellent service in corporate and M&A matters, with very fast responses to questions raised. It highlights the depth of its analysis and the importance given to solving existing problems efficiently and quickly, in such a way that the team stands out when compared to other law firms.‘
‘The Cuatrecasas team has great knowledge of Chile’s industries, standing out for its high levels of proactivity, in such a way that the lawyers fully analyse the potential benefits and risks derived from clients’ different requests.‘
Inversiones Norte Sur
Compañia General de Electricidad
Cmb Prime Administradora General de Fondos
- Advising Naturgy on the $3bn sale of Compañía General de Electricidad.
- Advising Vinci on the Chilean aspects of its €4.9bn acquisition of Cobra Servicios, Comunicaciones y Energía.
- Advised Platinum Equity on the Chilean aspects of its €3.5 acquisition of global environmental services business Urbaser.
Morales & Besa
With a client base evidencing a particularly strong orientation towards infrastructure, energy, mining and construction companies, the 15-strong corporate and M&A practice at Morales & Besa routinely advises on both buy-side and sell-side private and public M&A transactions for large, medium-sized and SME clients, including strategic buyers, investment banks and private equity funds. Founding partners Guillermo Morales (whose broad practice covers private acquisition and sale transactions, public tender offers, mergers and restructurings) and Eugenio Besa (a commercial, finance, foreign investment and M&A specialist), are both pillars of the Chilean corporate market. Corporate and commercial expert Michel Diban; Macarena Laso, whose experience includes publicly-listed company mergers; and Álvaro Barriga, who is active in M&A transactions as part of a wider corporate practice, are all also highly-regarded advisors. At associate level, Vicente Valdés is the key figure, advising on M&A, divestitures and restructuring.
Guillermo Morales; Eugenio Besa; Carlos Silva; Michel Diban; Macarena Laso; Alvaro Barriga
‘The corporate team works to provide solutions in a comprehensive and timely manner, and at an excellent legal level. The lawyers also work very well internally (you can see that they are orderly in the organisation of their tasks), and the advice is always received on time.‘
‘The lawyers are distinguished by their excellent treatment of clients – when one needs them the most, they are always available and give excellent advice. I highly value the availability and quality of the services and use them as a tool for making decisions. They have been fundamental in helping us successfully carry out the company’s business in Chile.‘
Mitsubishi Material Corporation
Global Infrastructure Partners
Latin America Linda
- Advised Mitsubishi Materials Corporation (as local counsel) on its $263m acquisition of a 30% interest in the Mantoverde copper mine in the Atacama Region.
- Advised SMU (Corpgroup) on the negotiation of a binding agreement for the sale of its subsidiary OK Market to FEMSA Comercio; value: $61m.
- Advised Sungrow Power Chile on the competitive sale process of approximately 18 solar power plants.
Prieto Abogados houses a 29-strong practice (including seven partners) that is consistently sought out for its M&A expertise, including cross-border transactions, private equity deals and joint ventures; it’s recent caseload includes transactions in the energy, insurance, banking, utilities and sanitary sectors. The practice is co-led by Juan Tagle, a specialist in M&A, joint ventures and bidding processes; and energy deal expert Fernando Bravo. A second line of key partners comprises Isabel Margarita Wolleter (raised to the partnership in January 2022), who combines a robust capital markets practice with an active corporate and M&A workload; José Andrés Pascual, an energy and natural resources sector-related M&A and joint-venture transactions expert; and Nicolás Yuraszeck, who is experienced in corporate law, M&A, and infrastructure and construction projects. At counsel level, Federico Rodríguez is a natural resources-related regulatory and transactions specialist, while Maite Larrañaga (who was promoted to director in mid-2021), fuses her insurance and capital markets practice with an involvement in corporate and M&A deals. At senior associate level, the ‘very dedicated‘ Aníbal Larrain and Andrés Laymuns (who returned to the firm in July 2022 after 18 months in house at Anglo American), are both noted.
Juan Tagle; Fernando Bravo
‘Precision when working and preparing reports. It is also worth mentioning the deep understanding they demonstrate on various topics, and it is noted that they dedicate time to doing the work.‘
‘Notable diligence is noted in the work (in-depth review of the documents, detailed analysis and specific questions that guide the work in a better way).‘
‘Good attitude towards the client, meeting deadlines, preparing good quality deliverables and availability.‘
‘The Prieto Abogados team has very good availability, as well as solid knowledge and good judgement.‘
‘We work with Juan Tagle and senior associate Anibal Larrain, who are both very dedicated, available at any time, precise and constantly contributing ideas.‘
Asociación de Bancos e Instituciones Financieras
Rockville Capital Group
Paysafe Merchant Services Corp
Christian Etulain Sórensen
Chubb Seguros de Vida Chile
FIP Ad Capital Tralka Energías Renobables
- Advised Dispatchtrack on the $40m acquisition of logistics technology company Beetrack.
- Advised the Chilean Banks and Financial Institutions’ Association ABIF) on the $90m sale of 67% of its share ownership in consumer credit reporting company, Servicios de Información Avanzada Comercial y Financiera, to multinational company Experian.
- Advised AD Capital on the sale of a large PMGD portfolio to BlackRock.
Arteaga Gorziglia & Cia Abogados
Arteaga Gorziglia & Cia Abogados' 12-strong department is experienced in complex and cross-border M&A deals involving the infrastructure, energy and retail sectors. The corporate practice is co-led by Arnaldo Gorziglia, a specialist in M&A transactions (particularly in relation to infrastructure projects and e-commerce matters), corporate restructuring, and capital markets; and fellow name partner Ignacio Arteaga, whose expertise in commercial, corporate and business law is focused primarily on energy projects and related contractual matters. Additional partner-level support is provided by commercial and energy law practitioner Luciano Cruz, and tax practice head (and recently promoted partner) Andrés Ossandón. Key senior associate Cristián Carpentier specialises in M&A and corporate reorganisations.
Sembrador Capital de Riesgo
Abu Dhabi Investment Council
China Southern Power Grid International
- Advised the Abu Dhabi Investment Council on its $420m acquisition of an indirect participation in the Gasmar LPG terminal project at Puerto Quintero.
- Advised private equity fund Fondo Victus on the $10m acquisition (through its affiliate Puduhue), of all the assets and operations of Lacteos Tamesis.
- Advised Grupo Inmobiliario La Reina on the $30m sale of a shopping center to a public investment fund managed by Credicorp Capital Asset Management.
Bofill Mir Abogados
Deriving from the dissolution of the former Bofill, Mir & Álvarez Jana (BMAJ) firm in early 2022, Bofill Mir Abogados‘ corporate and M&A practice acts on major sale and acquisition transactions, including complex operations requiring the restructuring of high-value companies. The practice is led by ‘magnificent lawyer‘ founding partner and longstanding corporate law and transactional specialist Octavio Bofill. He is flanked by fellow partners Ana María Yuri, whose track record includes significant real estate, retail, energy, insurance and finance sector-related deals; and Rodrigo Saffirio, who has extensive experience in M&A transactions and also provides day-to-day corporate advice to clients. A healthy second line of support is primarily composed of Victoria Salazar, who was promoted to practice director in June 2022; and senior associate Feliciano Tomarelli, whose broad practice covers M&A, contracts, corporate restructuring and corporate governance. Since publication, Tomarelli has been promoted to the partnership - with effect from March 2023.
‘The firm is very available to its clients and their needs.‘
‘The service is consistent throughout the service delivery.‘
‘Octavio Bofill is a magnificent lawyer, but also a great adviser on different corporate matters.‘
‘Octavio Bofill is a professional with many skills. His knowledge of the legal framework is remarkable but he is also fluent in at least three languages and a great counsellor in non-legal matters too, as he has genuine concern for social and environmental matters.‘
‘Senior associate Feliciano Tomarelli is a very reliable lawyer.‘
- Advised Stockholm stock exchange-listed Epiroc on the acquisition of 100% of the stock and assets of Chilean company Mining Tag.
- Advised Jorge Pacheco Alvarado, a partner in Grupo Oxxean, a shipping, port and logistics group of companies) on the restructuring, assigning and division of the group between its owners, Jorge and Ivar Pacheco.
DLA Piper Chile
DLA Piper Chile‘s 19-strong corporate and M&A practice has significant experience in assisting international clients with their activities in Chile and abroad, routinely handling aspects including due diligence, corporate governance and post-closure follow-up, as well as venture capital investments. Department head and venture capital specialist Matías Zegers consistently advises both funds and large-scale ventures; Marco Salgado is a public and private M&A expert; Diego Noguera‘s practice covers M&A transactions, capital markets, compliance, corporate governance and family wealth matters; and recently promoted Jorge Timmermann focuses on M&A structuring, and stock purchase and shareholder agreements. Counsel Josefina Consiglio has M&A experience (particularly as regards the acquisition of energy projects), but is particularly focused on corporate governance matters.
‘Marco Salgado has an extraordinary vision of where trends are going and he is able to anticipate them, thereby generating value for his clients.‘
‘Marco Salgado has the ability to put himself in a client’s shoes and co-build solutions.‘
American Tower Corporation
Inversiones Santa María
Soluciones en Minería y Energía
Asociación Gremial de Generadoras de Chile
- Acted as co-counsel to both Uber and Cornershop on the Chilean aspects of its $3bn agreement to gain full ownership of Cornershop by means of the acquisition of the remaining 47% not owned by Uber.
- Advised American Tower International (ATI) on the Chilean aspects of its €9.4bn acquisition of Telxius Towers’ Latam Division, through the execution of a share purchase agreement between ATI and Telxius Telecom.
- Advised Chilean start-up Beetrack on its sale to DispatchTrack and DispatchTrack Intermediate.
Dentons Larrain Rencoret
The sizeable practice at Dentons Larrain Rencoret (the result of a 2019 association between global player Dentons and local firm Larrain Rencoret Urzua) is experienced in buy-side deal structuring and due diligence, while also assisting with the full array of sell-side matters including complex sales documentation. The group is noted for its facility in working with non-legal corporate advisers, accountants and management personnel on transactions. In addition to his infrastructure projects expertise, name partner José Manuel Larraín has an active M&A practice, while banking and finance head and fellow name-partner Felipe Rencoret also assists with M&A deals. Additional key practitioners include: Karlfranz Koehler, who has a particular niche advising on the creation of new business models; energy co-head Marisol Ceballos; corporate and tax expert Karen Kulka; M&A adviser Ignacio Pera; and corporate, banking and finance-focused Luis Izquierdo, who was promoted to partner in December 2021. Key senior associate Elio Castro previously worked at Chile’s Financial Market Commission.
José Manuel Larraín; Felipe Rencoret
‘What we were looking for was a client-centric company with a high quality of service, availability, dedication, involvement and, of course, adequate management, and we clearly found these attributes in Dentons Chile.‘
‘Without a doubt, it is a team that complements each other, with priority given to the client and a focus on prompt and adequate solutions.‘
‘Dentons has different areas of specialty that allow it to offer comprehensive advice. The lawyers advised us on the due diligence and acquisition process of a company, which had tax, environmental and antitrust complexities that were well addressed by Dentons because its has specialist lawyers in each of these areas.‘
Global Infrastructure Partners
Fresenius Medical Care Chile
Compañía Industrial El Volcán
AT-PAC Doka Chile
- Advised KKR and Global Infrastructure Partners on the Chilean aspects of its $15bn global offer to acquire data centre-focused REIT, CyrusOne.
- Advised Austria’s Doka on the acquisition of all the assets in Chile, Peru and Bolivia of industrial scaffolding company Atlantic Pacific Equipment.
- Advised infrastructure engineering software company, Bentley Systems, on the acquisition of geosciences software company Seequent Holdings.
Demonstrating particular experience in the energy, telecoms, real estate and private equity sectors, Garrigues Chile's corporate lawyers ‘go the extra mile for clients', and are experts in corporate law, domestic and cross-border M&A, governance and finance. The group is also highly active in corporate reorganisations and joint venture transactions. The department is led by Luis Felipe Merino, whose recent caseload includes deals in the energy and retail sectors; with additional partner level input involvement from Rodrigo Fernández (who has ‘solid legal knowledge and business world experience'); Jaime de Larraechea, a telecoms and infrastructure deal specialist; and energy and corporate law expert Cristóbal Fainé. The senior associate to note, Constanza Velásquez, focuses on M&A, commercial law, and real estate matters.
Luis Felipe Merino
‘Garrigues is a firm in constant evolution, not only for the variety of professionals and extreme coverage of a wide variety of topics, but also for technological aspects, which were essential during the pandemic.’
‘A solid combination of team members that go the extra mile for clients and possess a complementary set of skills that can cover all aspects of the transaction value chain.‘
‘The Garrigues team stands out for its solidity, professionalism and dedication. The development of the project on which we worked together with Garrigues involved great skill and negotiation tactics to reach its conclusion.‘
‘Rodrigo Fernández has become an integral part of our corporate management team, accompanying and advising the group’s board of directors via his solid legal knowledge and business world experience.‘
‘The standout partner is Rodrigo Fernández, who is upfront and transparent in terms of approach to transactions and risk evaluation.‘
‘Rodrigo Fernández and Cristóbal Fainé stood out for their experience, knowledge and total dedication to the project.‘
Rentas Patio X
Bemobi Mobile Tech
- Advised Arroyo Energy and Arroyo Energy Investment Partners on their successful bid in the competitive process to acquire Chilean petroleum-liquid-gas storage facility company, Gasmar; value: $422.5m.
- Advised L-Catterton on a $235m Round D investment to acquire shares of NotCo, the parent company of Chilean food-tech entity, The Not Company.
- Advised Nala Renewables on its acquisition of a portfolio of solar projects in Chile from Solek.
Full-service firm Guerrero Olivos has bounced back strongly from the high-profile departure of former managing partner Roberto Guerrero, along with partners Macarena Ravinet, Josefina Yávar and Tomás Kubick at the end of 2020. The practice group has maintained its impressive track record in both local and multi-jurisdictional M&A, joint ventures and venture capital matters; and remains particularly well known for M&A involving the TMT, energy (/natural resources), food and beverage, and retail sectors. The core group of principal partners comprises: Jorge Delpiano, an expert in M&A, corporate reorganisations and corporate governance; TMT and energy deal specialist Juan Enrique Allard; deeply experienced corporate, M&A and finance structuring practitioner, Pedro Pellegrini (who also heads up the firm’s compliance and antitrust practices); and Pedro Lyon, who has a long track record in private equity and venture capital matters. The second line of key advisers includes César Gálvez (banking, capital markets and corporate/M&A), who was raised to the partnership in February 2022; and at associate level, senior Sebastián Marambio (who focuses on corporate/M&A and consumer law), and associate Francisca Martínez (private investment funds, venture capital and private equity matters).
Jorge Delpiano; Pedro Pellegrini; Juan Enrique Allard; Pedro Lyon
‘The expert team we worked with was very qualified in renewable energy investments – very focused and with a high sense of urgency as needed, and solution-oriented.’
‘Very service minded, focused, and showed great strengths.‘
‘Response speeds are very high.‘
‘César Gálvez stands out for his business vision and ability to empathise with the other party when sensitive issues are discussed.‘
Copenhagen Infrastructure Partners
Matrix Renewables Chile
Adepa Global Services
Global Soluciones Financieras
- Advised Telefónica Group on the Chilean aspects of its $120m transaction with Asterion Industrial Partners involving four data centres.
- Advised Danish engineering company FLSmidth on the due diligence process for its €325m global purchase of the mining operation of Thyssenkrupp Industrial Solutions, which includes a Chilean subsidiary.
- Advised FEMSA on its $56m acquisition of the OK Market convenience-store chain.
HD Legal‘s corporate and M&A team advises a wide range of Chilean and foreign clients, particularly from the energy, fintech, real estate and construction sectors. It also assists with stock market and investment funds-related matters. Appreciated for his ‘mastery of business, negotiation skills, experience and accessibility‘, practice head Gonzalo Delaveau is experienced in general corporate advisory and M&A transactions; while fellow lead partner Matias Langevin has extensive expertise in financial and corporate matters. At senior associate level: Paulina Castro specialises in M&A, corporate and technology-related issues; and Andrea Alarcón -a September 2021 hire from the former Bofill Mir & Alvarez Jana- handles corporate and transactional matters as well as banking, finance and capital markets. Since research concluded, the firm has also hired Ignacio Araya Paredes (effective September 2022); he arrives as a senior associate focusing on corporate (and fintech) matters from Banco Central de Chile.
Gonzalo Delaveau; Matias Langevin
‘Great attention to detail, without losing its focus on the big issues. There is direct contact with the partners, not only at senior associate level, which differentiates it from other firms.’
‘Very good service.‘
‘Solid service and availability.‘
‘Gonzalo Delaveau has great knowledge of electricity and corporate issues, and M&A in general; and clients’ opinions are always considered a valid contribution.‘
‘I would highlight Gonzalo Delaveau for his mastery of business, negotiation skills, experience and accessibility.‘
Administradora General de Fondos Vision Advisors
Banco de Crédito e Inversiones
Fressenius Medical Care
EDF Renewable Energy
Singular Asset Management
Sartor Administradora General de Fondos
- Advised Innergex Renewable Energy on its $71.5m acquisition of the remaining 50% stake in Energía Llaima.
- Assisting three Chilean pension funds managers and AFC, the manager of unemployment insurances, on the Chapter 11 procedure filed by Latam Airlines Group and its affiliates in New York.
- Acted for EBI Operation in its acquisition of an additional 24,5% of the Cosemar group, including five operating companies.
Larrain y Asociados Abogados
The 15-strong corporate group at Larrain y Asociados Abogados houses experts in M&A, restructuring, and asset purchases and sales; moreover the team is regularly involved in M&A involving the key infrastructure, energy, PPP and concessions. It also acts on day-to-day corporate activities, such as corporate governance, contracts, shareholder agreements and corporate regulatory issues. The department is co-led by Arturo Bulnes, who focuses on commercial and corporate law, along with public service concessions; and Jorge Granic, a longstanding specialist in energy, infrastructure and mining deals. Further capability and depth is provided by Juan Carlos Bulnes, who acts extensively for fund managers and also has a niche specialism in the tourism segment; Cristóbal Morandé, who is experienced in power, real estate, and commercial infrastructure transactions; and senior figure, of counsel Ricardo Peña, a highly regarded energy M&A practitioner. Promoted to partner in early 2022, Juan de Dios Ferrada is also active on M&A deals.
Arturo Bulnes; Jorge Granic
Flux Solar Energías Renovables
- Advised Minera Centinela (Antofagasta Minerals) on a tender process for a new substation and energy supply transmission line to a mine.
- Advised Creation Investments on a subscription agreement concerning Avla.
- Advised Reden Solar on the purchase of several solar plants in Chile.
Urenda, Rencoret, Orrego y Dörr
‘Helping companies to achieve their goals‘, Urenda, Rencoret, Orrego y Dörr‘s sizeable 21-strong corporate and M&A group is highly experienced in M&A transactions, shareholder agreements, joint ventures and corporate restructurings. The practice also provides general corporate assistance to major local and international companies on a day-to-day basis. Additionally, the firm is the Chilean member firm of the Multilaw and World Law Group international networks. The core group of established and experienced partners, all of whom advise on M&A deals, shareholder agreements and joint ventures, is comprised of Gonzalo Rencoret, Nicholas Mocarquer, Sergio Orrego and Felipe Rencoret. Within the firm’s senior associate pool, Bernardita Schmidt is routinely active in corporate and M&A work, while Rafael Rencoret has significant experience in major transactions. Former partner Rodrigo de Alencar left the firm in January 2022.
Gonzalo Rencoret; Nicholas Mocarquer; Sergio Orrego; Felipe Rencoret
‘A team that is dedicated to solving problems and helping companies to achieve their goals.‘
‘A firm that stands out for its professionalism and expertise.‘
‘Great professionalism and seriousness for any matter.‘
‘Their concern for clients and timely communication stand out, particularly Nicholas Mocarquer and senior associate Rafael Rencoret.‘
Sociedad Química y Minera de Chile
- Advised Banco de Chile, Scotibank Chile, Banco de Crédito e Inversiones, Banco Itaú Corpbanca, Banco Estado and Nexus on the sale of all the shares in Nexus to Indra.
- Assisted Astra Exploration with the acquisition of Astra Exploration Chile, the owner of 80% of Sociedad Contractual Minera Paciencia.
- Assisted González Byass with the purchase of all the shares of Inversiones VID and Consultora e Inmobiliaria Roca in Empresas Vitivinícolas and Alto de Casablanca.
The 12-strong corporate department at Albagli Zaliasnik is experienced in both major restructurings, and local, regional and global acquisitions; the practice group also houses capability in the private equity and venture capital markets, routinely working with private investment funds, government agencies, incubators and start-ups. The team also acts on deal-related financing and taxation issues, as well associated labour, environmental, real estate, antitrust, compliance and IP matters. Founding partner Rodrigo Albagli's practice includes M&A and corporate and regulatory compliance; Álvaro Rosenblut is an expert in business matters, M&A, partnerships, real estate law, and civil and commercial contracts. At associate level, the 'exceptional' Eduardo Anguita was promoted to director of the corporate, M&A and compliance practice in early 2021, and key senior Stephanie Cruz advises on international corporate and commercial law.
Rodrigo Albagli; Alvaro Rosenblut; Eduardo Anguita
‘I see the M&A group as equivalent to any of the largest offices in Chile, that is, front-line and capable of closing any company merger or purchase.‘
‘Technically excellent, committed and with a great sense of urgency. It provides a comprehensive service that generates confidence and is a guarantee of a good job done.‘
‘Great commitment, skills and availability.‘
‘AZ is a multidisciplinary team, which really is a differentiator from other firms, because its advice is comprehensive and with excellent results.‘
‘Immediate responses and professionalism.‘
‘The commitment of director Eduardo Anguita to advance matters, clear up doubts and finalise requests is very remarkable. We feel very supported and safe with his advice when acquiring companies.‘
‘Director Eduardo Anguita is exceptional.‘
Comercial e Industrial Libesa
- Advised Betterfly Chile on the acquisition of technology and software developer companies Kunder, HeyPay, Sociedad Pagadora and Conecten.
- Advised Scale Capital on the sale of Soluciones En Minería y Energía.
- Advised Empresas Indumotora on the purchase of shares in Chilean carsharing company Awto during a Serie A investment round.
Alessandri & Compañía Abogados
With its broad service offering, Alessandri & Compañía Abogados is well-positioned to fields a team with a considerable breadth of capabilities. The ten-strong practice group advises local companies, multinationals and private equity firms on acquisitions, sales and spin-offs, cross-border business deals and joint ventures, along with reorganisations, share and asset purchase contracts, shareholder agreements, and legal, tax and environmental due diligence. Fernando Jamarne is a business and financial transactions specialist; he co-heads the corporate team with prominent figure Felipe Cousiño, who also leads the firm’s insurance, capital markets and competition practices. Further senior support is provided by managing partner Arturo Alessandri C, whose broad practice includes foreign investment and M&A. At associate level, José Antonio Cuadra is experienced in corporate law, foreign investment and transactional matters; Nicole Cartier is a capital markets expert, and Gabriel Arancibia is also a key member of the corporate group. Since publication, Cuadra has been raised to the partnership - effective as of March 2023.
Fernando Jamarne; Felipe Cousiño
The Silk Road Fund
Johnson & Johnson Medical
Otis Elevators Latin America
Moody’s Investor Services
AB InBev Chile
- Advised Jach Technology on the acquisition of customer-experience services company, Inteligenxia.
- Advised The Ardonagh Group – Price Forbes on the acquisition of a local reinsurance brokerage firm.
- Assisted Inversiones Las Rocas (ILR) with a service agreement that was negotiated with Ricky Martin for advertising purposes and the possibility of acquiring 25% of ILR.
One of the spin-offs emerging from the dissolution of Bofill, Mir & Álvarez Jana (BMAJ) in early 2022, Alvarez Abogados‘ corporate practice is led by founding partner Alejandro Álvarez, who has a long track record advising domestic and foreign clients on company incorporations in Chile, along with business development matters. Fellow partner José Antonio Velasco‘s broad corporate practice includes major M&A deals. The firm moved to consolidate its corporate team in September 2022, promoting experienced senior associates Manuel Sánchez and Joaquín Recart -corporate and contractual experts, respectively- to the partnership, and promoting Sebastián Sánchez Gutiérrez to senior associate.
Particularly active in the mid-market space, the eight-strong team at Aninat Abogados fields specialists in corporate, private equity, M&A, venture capital and fintech-related matters; it also assists clients with tax, accounting, regulatory and competition issues. In March 2022, the firm absorbed energy and environmental law boutique Ropert, Correa y Poklepovic Abogados, notably bolstering its natural resources and administrative law credentials. The practice is led by name partner Luis Aninat, who consistently advises Chilean and foreign companies, funds and other business entities on corporate law, M&A, private equity, and asset restructuring projects; and María Eugenia Sabbagh (a partner since March 2020), who is ‘capable of taking care of each and every detail‘. Miguel Dumay is an active corporate associate.
‘Good value for money – an office that has gradually positioned itself very well in the market.‘
‘Good availability and knowledge of the client’s business.‘
‘Aninat Abogados has proven experience in corporate matters.‘
Inversiones y Comercio Eurofrance
Parque del Sendero
- Advised Eurofrance, Citroën’s distributor in Chile, on a merger with Mundo Crédito, an automobile business finance company.
- Advised Parque del Sendero, a cemetery chain, on the restructuring of its group of companies.
- Advised Inversiones Alkasa on the sale of Redelcom, which provides payment services to Mercado Libre.
Barros Silva Varela & Vigil
Barros Silva Varela & Vigil‘s 10-strong department routinely acts for financial institutions, and private equity, venture capital and investment funds, on major corporate matters and transactions, as well as day-to-day business matters, such as service agreements and bidding processes. Focused on corporate law, the ‘unbeatable‘ Jorge Vigil is an M&A, restructuring and capital markets expert. Further capability is provided by corporate law and mining-and-energy investment-project specialist, Francisco Varela ; corporate director Sebastián Barros ; and senior associate Felipe Valle , who advises on corporate and business law. In a significant hire, Rodrigo de Alencar joined as partner from Urenda, Rencoret, Orrego y Dörr in early 2022 to strengthen the firm’s M&A credentials, as well as lead its capital markets and securities practice.
Jorge Vigil; Rodrigo de Alencar
‘I have found the M&A team I worked with to be very hands-on and well versed at looking after its South American clients.‘
‘Strong ability to navigate international M&A norms and deal terms – analytical and resolute lawyers.‘
‘A team that empathises with the client’s situation. The lawyers feel like an internal part of our company.‘
‘Great for the trust the lawyers generate – we do not make decisions without consulting them first. They are committed, always available and technically flawless.‘
‘Jorge Vigil is exceptionally hardworking and responsive.‘
‘Jorge Vigil stands out as an adviser on commercial and corporate matters.‘
‘Jorge Vigil is outstanding in his understanding of business.‘
‘Jorge Vigil is unbeatable – a great negotiator who always finds the best solution.‘
Aguas y Riles
Inmobiliaria Río Bueno
Agrícola Los Maitenes de Huinca
- Advised WhereEX on closing a successful Series A investment round.
- Advised Agroberries (and its founding shareholders) on its migration to the UK and the negotiation of a shareholders’ agreement signed with Conti.
- Advised the Lemuy Group on the acquisition of 80% of the shares of industrial labelling and office supplies company, Demarka.
Clyde & Co Chile
The merger of Grasty Quintana Majlis (which was already operating in an association with the UK-based Clyde & Co) and Halpern Pino led to the founding of Clyde & Co Chile in August 2022. Its seven-strong practice is highly experienced in M&A, joint ventures and corporate reorganisations; it has particular industry expertise across the insurance, agricultural, mining, finance, public concessions, retail, technology and venture capital sectors. The team also houses experts in M&A transactions involving conflict scenarios and distressed assets. The M&A group is co-led by Franco Acchiardo, a specialist in corporate law, M&A, financing, capital markets and taxation; and Hugo Prieto, whose experience includes the corporate transactional matters and advising foreign investors on establishing businesses in Chile. At associate level, José Tomás Sáez also advises on corporate law and M&A matters. However, former managing partner Juan Turner moved in house at VC firm, Daedalus Ventures in June 2022; while former senior Sofia Nievas returned to Clyde & Co‘s London office where she was previously an intern.
Franco Acchiardo; Hugo Prieto
‘Great people, technology, collaboration, professionalism and expertise.‘
‘A highly competent team for all corporate requirements.‘
‘A very fast, assertive and efficient response level to resolve any request. Matters are handled in person but also virtually, as the needs of the client demand.‘
‘Franco Acchiardo has personally assumed the requirements of the company. He is a very high-level lawyer in terms of his experience and ability to provide answers and solutions to all our needs.‘
‘We would highlight Franco Acchiardo’s high levels of competence and creativity when resolving situations that require innovative solutions. His professional ethics at all levels also stand out, both his commitment to the client and his unrestricted adherence to the law.‘
Nexo Water Ventures
Caja de Ahorros de Empleados Públicos
Administradora de Activos Financieros ACFIN
Sistemas Oracle de Chile
Feller-Rate Clasificadora de Riesgo
HCS Capital Partners
Murray Wise Associates
Ben & Frank
Inversiones Nialem 3
Verificación e Inversiones Publicitarias
Clinica San José de Las Condes
Juan Ruiz Tagle
Punta Blanca Grupo Inmobiliario
- Advised Cran Chile on the sale of its business in Chile to the Ontario Teachers’ Pension Plan.
- Advised both Kapin Capital (KC) and Cowork on KC’s investment in Cowork.
- Assisted Mexico-based Alacrity, an investment and operating firm, with a due diligence process involving Chilean start-up company Webdox.
Coeymans, Edwards, Poblete & Dittborn
Mid-sized firm Coeymans, Edwards, Poblete & Dittborn fields a ‘first-rate‘ department made up of ‘very talented lawyers‘. The team comprehensively handles complex local and cross-border M&A transactions involving share and asset purchases, spin-offs, carve-outs, restructurings, acquisitions, minority stake representations, joint ventures and partnership agreements. The key corporate practitioners are M&A experts Tomás Poblete, Alejandro Edwards (‘committed to clients‘) and Arturo Poblete who joined as a partner in March 2021 – all three are former Carey associates. At associate level, the broad practices of Magdalena Eyzaguirre and José Manuel Errázuriz encompass corporate law matters.
Alejandro Edwards; Tomás Poblete
‘The team is very involved and the responses always consider the real issues.‘
‘Good capacity for M&A and perfectly aware of the international standards for M&A.‘
‘A team of very talented lawyers, who have been trained at Chile’s main law firms, and they have enough experience and maturity to take charge of complex transactions. I would particularly highlight the level of involvement and commitment of the partners.‘
Almar Water Solutions – Aguas y Riles
Quest Capital Chile
Inversiones Maihue – Four Trees Energía Distribuida
- Advised the ad hoc Group of Holders of Unsecured Claims (AGH) on the LATAM Airlines restructuring, a backstop commitment agreement, and related contracts and agreements.
- Advised Almar Water Solutions on the acquisition of a 50% stake in Aguas y Riles, which operates in Chile, Peru, and Colombia.
- Advised Four Trees Energía Distribuida on the sale of a controlling stake to Lipigas.
The ‘prepared and competent‘ corporate practice at FerradaNehme acts for clients from a range of industries, including finance, renewable energy, mining, steel, food safety, public transportation and automotive. Clients additionally benefit from the firms’ specialisms in competition, natural resources, and public, tax, banking and securities law. The practice is co-led by name (and managing) partner and business law specialist Rodrigo Ferrada; and Juan Andrés Bretón (promoted from director to partner in March 2022) whose broad practice includes M&A, foreign investment, corporate governance and reorganisations. At associate level, key senior Roberto Carrillo handles banking, capital markets, M&A and company law for a client roster that include both private equity funds and financial institutions.
Rodrigo Ferrada; Juan Andrés Bretón
‘We are very satisfied with the services provided by the firm, which are always provided in a timely manner, and complying with and even exceeding our quality standards. Additionally, the team invoices are according to what is established in the contract.‘
‘Prepared and competent personnel that are always willing to listen to the internal processes of the clients they represent, so as to provide the most complete legal opinion. The members of the firm also have very direct communication levels as well as a good command of technology.‘
Abengoa Energía Atacama CSP
Comercial y Distribuidora Bertonati
Innovación Social y Fundraising
- Advised Capstone Group on the execution and implementation of a $290m cross-border streaming financing with Wheaton Precious Metals International.
- Advised Acciona Industrial and Abengoa Energía Atacama CSP on a $22m capital increase for their joint venture, Constructor Atacama CSP Chile.
- Advised Minera Santo Domingo SCM CSP on two capital increases totalling $126.
Jara Del Favero Abogados
Spinning out of Jara del Favero & Ried Fabres in early 2020, Jara del Favero Abogados' now fields a large 19-strong team that adovises across the full range of corporate matters as well as local and cross-border transactional mandates and associated work. The practice is jointly led by Sven Herlin, whose track record includes corporate reorganisations, and acquisitions in Chile and abroad; Felipe Ovalle, whose broad practice includes mining industry matters; and Alvaro Caviedes, who advises on the establishment of investment funds and the structuring of deals entered into by such funds. Providing notable support are commercial, corporate and regulated markets expert Andrea Abascal; and real estate practice director Julio Trucco; while associate Marina Junge is a commercial, corporate and property law specialist.
Sven Herlin; Alvaro Caviedes; Felipe Ovalle
The Palpa Company
Industrial Weatherford International de Chile
- Assisted Soho with the incorporation of a strategic partner.
- Advised Petra on the negotiation of a shareholder agreement and share purchase contract.
- Advised Larraín Vial on the acquisition of 50% of the shares in Sherpa WMC.
Growing firm Lembeye Abogados, originally founded in 2017, fields an ‘excellent corporate team‘ that combines the firm’s transactional, project development and financing practices. The recent experience of founding partner and practice head Jorge Lembeye includes advising on the structuring and the placement of funds, while additional senior expertise is provided by natural-resources specialist, dual-qualified (Chile/Canada) Rony Zimerman; Nicolás Espina‘s broad practice, in turn, encompasses M&A, private equity and venture capital transactions, and general corporate law. At associate level, senior Francisco Palma has a broad corporate practice; Camila O'Shea is an active team member; and the April-2022 arrival of María Jesús Palacios from Barros Silva Varela & Vigil has further strengthened the junior ranks.
‘Dedicated to the work it does – a great team with good delegation of functions, which makes the processes very fluid.‘
‘We have important projects and need a team of lawyers to manage these contracts for us – and they do it in the best way. This is very important because we can turn to them for all the legal aspects that we need to cover, and they do it in a very expert way.‘
‘The Lembeye group of lawyers is expert in corporate matters, has a deep understanding of the regulatory compliance framework of the company sector in which I work, and works in a serious, efficient, creative, and rigorous manner. I can affirm that it is a group of top-level professionals, which takes great care in preparing contracts, and with partners and associates offering the same dedication and speed, and always maintaining great proximity to the client.‘
‘Lembeye has an excellent corporate team, including both established lawyers and other younger people.‘
‘Jorge Lembeye is a great lawyer, with an impressive capacity for work but also with an inventive, creative and managerial capacity that make him stand out from his peers.‘
‘Jorge Lembeye has outstanding ability to generate solution strategies for the problems presented. Great knowledge is manifested in his field of expertise and complementary areas. Jorge also manages to permeate the rest of the team with the same passion that he displays through his work.‘
‘Jorge Lembeye stands out not only for his expertise, but also for his role as leader and strategic legal adviser, imprinting high levels of trust onto his clients through his actions.‘
‘Nicolás Espina is a very good adviser.‘
Corporación Centro Nacional de Inteligencia Artificial
AKI KB Minibodegas
Compañía Minera Cerro Bayo
Minera Carbones del Sur
Minera Equus Chile
Motion Metrics Latam
Summit Nanotech Corporation
Prodiel Agencia en Chile
Sustainability Solutions Group Workers Cooperative
Fondo de Infraestructura
- Advised Biwo Renovables and Biwo Investment (as sellers) on the negotiation of a framework agreement to acquire a 200+MW portfolio of distributed solar and wind assets in Chile.
- Advised AKI KB Minibodegas on its acquisition of the assets of Ministorage Santiago.
- Ongoing general corporate advisory to Novamper Chile and the Chilean branch of Spanish solar-farm development company, Prodiel.
The 10-strong corporate and M&A department at Magliona Abogados assists company clients from a broad range of industries on their day-to-day operations, including corporate and labour aspects, in addition to M&A transactions and buyout deals. M&A and consumer law expert Giovanni Donati; Juan Pablo Montiel, who focuses on civil and commercial matters; and name partner Claudio Magliona, ‘one of Chile’s best lawyers', constitute the practice group’s key figures. Labour group director Carolina Abarca, who also acts on corporate matters, is a further integral member of the practice. Also at associate level: Karla Cid focuses on corporate issues, along with new technologies, IP and telecoms law; and Karla Frez and Bárbara Reyes both advise on corporate and real estate matters.
Claudio Magliona; Juan Pablo Montiel; Carolina Abarca; Giovanni Donati
‘The speed and solidity of responses is a clear differentiator for this team.‘
‘Ability to implement, reach the right people and seek solutions.‘
‘A super-proactive team that is up to date and very willing to collaborate in an always professional manner.‘
‘Great availability and quality of care.‘
‘Claudio Magliona is great for his clarity and availability to clients, and with the ability to lead conversations with the client, while allowing the team to stand out.‘
‘Claudio Magliona is one of Chile’s best lawyers – not only is he technically exceptional, but he has excellent communication skills.‘
‘Juan Pablo Montiel has excellent knowledge of corporate aspects, proposing easily adaptable solutions to what the client needs.‘
J&J Personal Care
The Chemist Group
Kaszek Kaszek Ventures
- Ongoing advice to Owens Corning as regards corporate matters, corporate structures, and agreements with clients and suppliers.
- Standing advisor to Johnson & Johnson on corporate and transactional matters in Chile.
- Ongoing advice to Sucden regarding its corporate and transactional matters.
Marinovic & Alcalde Abogados
The seven-member corporate team at boutique legal practice Marinovic & Alcalde Abogados acts on a broad range of work, including complex contractual matters due diligence and structuring issues. It additionally assists family offices with debt restructuring and the creation of new investment vehicles, and has experience incorporating publicly-held companies. The corporate practice is co-led by Martín Vilajuana de la Cuadra, whose track record includes deals involving complex corporate structures, frequently with an international aspect; and Javier González Echávarri, a corporate, M&A, finance and disputes specialist whose recent work includes advising on the acquisition of interests in various entities. Other key practitioners include corporate, energy and mining law expert, Alberto Polette Zaldívar. At associate level, ‘the excellent work‘ of senior Tomás Polette Zaldívar ‘stands out‘.
Martín Vilajuana De la Cuadra; Javier González Echávarri; Alberto Polette Zaldívar
‘A highly trained team that is very knowledgeable about our company’s business, which is a model that is constantly evolving from a legal point of view.‘
‘Great legal knowledge and they always have more than one solution to clients’ concerns. The lawyers respond to our queries very quickly and are always up to date with our needs. Compared with other firms, I would highlight their proactivity and constant updating on new regulations that impact us.‘
‘The group of lawyers that attends us is first class, and all of them are really aware of our legal needs.‘
‘The team has been growing and achieving greater coverage of areas. It is a well-established group and any of them can attend to our needs in the same way.‘
‘A professional work team, with direct personalised attention. The response times and the detailed analysis of the assigned topics stand out – great involvement from partners, and senior and junior associates, with detailed and clear billing.‘
‘Martín Vilajuana De la Cuadra has great business vision and his legal knowledge is highly relevant. He also has a very good relationship with his peers as well as members of our company.‘
‘Senior associate Tomás Polette Zaldívar stands out and he has been of great help to us. Together with Martín Vilajuana De la Cuadra they form an excellent team. They are fully involved in our business and are always up to date on the applicable legislation (which is very dynamic at the moment). In addition, the speed with which they respond to our queries is surprising, which shows that they work as a team, and many of their non-legal suggestions are taken care of by us, which means that more than just our lawyers – we consider them as relevant members of our organisation.‘
‘The excellent work of senior associate Tomás Polette Zaldívar stands out – efficient management and resolving power.‘
Serhafen Chile Serhafen Group
Maxi Mobility Chile II
Fernandez y Cea Ingenieros
- Advised multi-investment Chilean family office, Grupo Moncuri, on the incorporation of special vehicles.
- Assisted Human Forest with its corporate governance work.
- Ongoing advice to Cabify Chile on its everyday corporate legal needs.
Relaunched in early 2021 when Paulo Larraín, José Pablo Dulanto and Manola Quiroz exited from the former DLA Piper BAZ/NLD, NLD Abogados fields an ‘excellent‘ corporate and M&A group that is deeply experienced in M&A transactions and due diligence processes, and routinely leverages the firm’s complementary expertise in banking, finance, capital markets, corporate governance, venture capital and compliance. The department is co-chaired by Larraín, whose broad practice includes corporate work, M&A and corporate governance; and Dulanto, an expert in natural resources, M&A and general commercial matters. Corporate law, M&A, capital markets and regulatory law specialist Quiroz was made partner in early 2021; and the practice was further strengthened with the January-2022 hire of dual-qualified (Chile/New York) counsel José Miguel Diez, who was formerly GC at Grupo Norte Grande. Since publication, Diez has been raised to the partnership - effective as of March 2023.
Paulo Larrain; José Pablo Dulanto
‘We have maximum confidence in this team, which is always available.‘
‘The corporate team at NLD is excellent – punctual follow-up on issues, and stands out for its proactivity and quality service.‘
‘Paulo Larrain and Manola Quiroz are excellent collaborators, who characterise experience and are able to handle specific technical questions.‘
Linzor Capital Partners
Riverwood Capital Partners
Humus Capital Partners
Victoria Capital Partners
Empresas Juan Yarur
- Advised Waterlogic Holdings (as lead regional counsel) on the acquisition of Quality Service and Quality Coffee Service in Chile, Colombia and Puerto Rico.
- Advised Emergent Cold on the acquisition of Frigorífico Pacífico.
- Acted as Chilean counsel to MSD on the spin-off of its women’s health, legacy products and biosimilar businesses to newly created Organon & Co.
PAGBAM Schwencke Chile
PAGBAM Schwencke Chile‘s six-member team has significant experience in advising foreign and domestic investors, investment and private equity funds, family offices and multinational companies on M&A deals, as well as assisting target companies and entrepreneurs with the sales of their businesses and assets. The practice is also able to leverage the firm’s specialisms in tax, antitrust and labour law. The group is co-led by name partner and business law specialist Juan P Schwencke (‘always responsive‘); and cross-border and restructuring transactions expert Francisco Prado, whose ‘attitude to business issues is very positive‘. Associate Martin Casse (a 2021 hire from Eyzaguirre Burle & Montes Abogados) also assists with transactions and commercial deals.
Juan P Schwencke; Francisco Prado
‘A very reliable, knowledgeable and, above all, professional team.‘
‘A very well-rounded team that has been able to address all our needs. The lawyers helped us establish a subsidiary in Chile, and they supported us with tax matters, as well as labour and immigration issues. Not only is their advice very professional, but they are also responsive and timely.‘
‘Very high-quality people with commitment to the client.‘
Fundación Inria Chile
South Am Freeze Dry
Austral Capital Partners
H G Kaufman Group London
Hellman & Friedman
- Assisted APAX partners with an FDI review concerning the acquisition of certain assets of Lloyds of London in Chile.
- Advised WPP on the consolidation and merger of several local companies in Chile, via several related corporate restructuring actions.
- Currently assisting US-based energy-drinks producer, Bang Energy, with the incorporation and establishment of its operations in Chile (and potentially other Latam jurisdictions).
Ried Fabres fields a nine-strong corporate practice that is active in both domestic and cross-border M&A deals. The department, which ‘provides a better client experience than at other similar firms‘, is jointly led by Cristián Fabres, who is particularly active as regards real estate M&A and energy-related investment and mutual fund matters; fellow name partner José Miguel Ried, whose professional trajectory includes experience as in-house counsel at the Santiago Stock Exchange; and the ‘always attentive and available‘ corporate law specialist Jaime Hirschberg, a partner since January 2022.
Cristián Fabres; José Miguel Ried; Jaime Hirschberg
‘Exceptional participation from the partners, who are always present.‘
‘A team of lawyers who thoroughly understand the legal needs of our company, providing a timely and quality service.‘
‘Execution by senior lawyers with high levels of experience and great capabilities.‘
Empresa de Transporte de Pasajeros Metro
Administradora de Fondos Invinsa
BICE Inversiones Administradora General de Fondos
Mining Tag Chile
Itaú Corpbanca and affiliates
Deutsche Bank (Chile)
LarrainVial Asset Management Administradora General de Fondos
Small World Financial Services
Bice Chileconsult Asesorías Financieras
Administrador Financiero de Transantiago
- Assisted Santander Corredores de Bolsa (as tender offer agent) with the tender offer issued by State Grid for Compañía General de Electricidad.
- Advised Fondo de Inversión Bci Invinsa Rentas Inmobiliarias on the acquisition (through its subsidiary company, Inmobiliaria Invinsa Puerta del Mar), of all the shares issued by Inmobiliaria Las Lagunas to Gestión e Inversiones Videco, Asesorías e Inversiones Pacific Trust and Agrocommerce.
- Advised a group of executives from Grupo MBO on the management buyout of the company, which was undergoing a restructuring process.
Allende Bascuñán & Cía
The recent track record of Allende Bascuñán & Cía‘s 11-strong practice includes assisting with corporate reorganisations, incorporations, company liquidations, shareholder agreements, corporate governance and compliance matters. The team also advises on offshore special vehicles, joint ventures, commercial contracts (including construction agreements) and bidding processes, as well as aviation work and the corporate aspects of real estate and agricultural projects. The group is co-led by founding partner and cross-border aviation specialist, Felipe Allende, and corporate law expert José Luis Ibáñez, who clients describe as ‘a natural leader‘. At associate level, José Manuel Barros advises on M&A deals in addition to his primary focus on tax matters.
Felipe Allende; José Luis Ibáñez
‘A team that is always informed and avant-garde – very specialised in its subjects and with a very high level of responsiveness.‘
‘Very personalised attention from a team that is informed about both the subject matter and clients’ problems.‘
‘Highly specialised, responsive and very up-to-date.‘
‘Extensive experience in corporate, tax, litigation, labour, natural resources and other matters. The most remarkable thing is that despite this quality, the fees are reasonable. It is a very good option for a first-class legal service at a reasonable price.‘
‘A very good team that delivers successful solutions.‘
‘We work a lot with Felipe Allende and José Luis Ibáñez, who are very efficient and dynamic; and they have great business vision, which makes our job much easier.‘
‘José Luis Ibáñez is a natural leader, who is studious, accurate, tenacious and very proactive.‘
‘José Luis Ibáñez is available and professional, and always very willing to collaborate and provide agile and timely responses.‘
Ingeniería y Construcciones Mas Errázuriz
Amazonas Líneas Aéreas
Cía Minera Tránsito/ Cía Minera Carmen Bajo
- Assisted Talbot International Hotels with an international corporate restructuring, in order to commence making investments in the US.
- Assisted Indura with several public and private bidding and gas supply contracts with hospitals and industrial clients.
- Advised Constructora Ignacio Hurtado on the sale of several forests and agricultural land.
Baraona Marshall & Cía
Spun out of Baraona Fischer & Cía in early January 2021, Baraona Marshall & Cía retains a 10-strong department that advises on M&A deals, joint ventures, asset sales and purchases, bidding processes and tender offers; as well as advising local and international clients on general corporate law issues, including commercial contracting, compliance, venture capital, and relations with clients, suppliers and authorities. The group is co-led by Juan Pablo Baraona, whose recent caseload includes cross-border transactions involving company restructurings; and fellow name partner Raúl Marshall, who acts on M&A matters in addition to handling banking and finance work. Further support is provided by Rodolfo Vega, who was elevated to the partnership during 2021; primarily finance-oriented, his practice nevertheless takes in M&A and corporate governance matters.
Juan Pablo Baraona; Raúl Marshall
‘Very autonomous and self-sufficient in terms of its ability to carry out what is entrusted to the team, turning to the client only when it is necessary to clarify situations, strategies or business points of view. Otherwise, these lawyers are very capable of resolving situations that arise.‘
‘The team is united, so it is clear that it is a firm with a very good atmosphere, and this transfers to clients – we notice that the team is concerned to understand our business and provide the best service.‘
‘The Baraona team is excellent, one of the best I have worked with around the world, and especially in Latin America.‘
Comunicación y Telefonía Rural
Asesorías e Inversiones Benjamín
- Ongoing general corporate advice to Bunzl and its subsidiaries.
- Ongoing advice to the TMF Group on general corporate and commercial contracting matters.
- Standing advisor to Rexnord’s Chilean subsidiary on corporate matters and commercial contracts.
Contreras Velozo's team ‘covers all aspects of corporate advice with exceptional quality'. The practice advises companies throughout all stages of contract negotiations, in addition to assisting with corporate structures, M&A and stock market matters; it also has notable sector expertise in international finance, mining-related matters (notably equipment leasing), and pharmaceuticals. The corporate practice is co-led by name partner and corporate head Óscar Contreras Blanco, who ‘has the ability to explain the most complex legal issues in plain language‘; and civil and commercial law specialist Alvaro Awad.
Oscar Contreras Blanco; Alvaro Awad
‘A boutique firm where there is direct involvement from the partners in charge, with accurate and efficient advice to clients.‘
‘Academically excellent lawyers with vast professional experience.‘
‘The Contreras Velozo firm provides a one-stop-shop service of excellence. It covers all aspects of corporate advice with exceptional quality, and is versatile and strives to provide customised solutions for clients, always going one step further than competitors.‘
Sanofi-Aventis de Chile
Caterpillar Financial Services
- Advised Amaro Group on negotiations with the Cueto Family, in relation to the division and sale-purchase agreement for CostaVerde Aeronáutica (the holding company of LATAM).
- Assisted the Pirazzoli Family with the reorganisation of its assets.
- Ongoing assistance to Caterpillar Leasing Chile with corporate matters.
Deloitte Legal Chile
The multi-disciplinary corporate and M&A practice at Deloitte Legal Chile is particularly focused on corporate restructuring and commercial legal services. It also acts on the acquisition, sale and merger of local and international companies, its assistance covering primarily sell-side corporate, contractual, regulatory and environmental due diligence. A founding member of the firm’s Chilean corporate legal practice, ‘exceptional attorney‘ Ruby Soteras is a recently elevated partner, while senior manager Carla Fortes‘ practice covers corporate law, contracts and real estate matters, and legal manager Oliver Ortiz assists with M&A transactions. Former partner Ignacio Concha joined Gibson, Dunn & Crutcher LLP‘s New York office in late 2021.
Ruby Soteras; Carla Fortes; Oliver Ortiz
‘Deloitte provided full service support for the transaction, including documentation and diligence support in the areas of legal, tax, labour, finance and cyber/IT. Had we used a pure law firm, we would have needed our lawyers to coordinate with our financial advisers and incorporate their diligence finding into our SPA. This is easier to do when it is all within one firm.‘
‘Everyone we worked with was very hardworking and made themselves available to progress our transaction on evenings and weekends (as needed).‘
‘Very oriented towards satisfying the needs of the client and displaying great flexibility.‘
- Advised Clean Capital on its ongoing operation of PV plants in Chile, including devising a corporate legal structure, as well as a corporate governance mechanism for establishing a new subsidiary in Chile.
Over the course of the last two years, the hire of Tzu-Hsin Shen (from his own firm) and the promotion of Fernando Lathrop has brought a new dynamism to the established corporate practice at Eluchans Abogados, led by senior figures Ricardo Ihnen and Andrés Correa; while the hire of Guillermo Malatrassi, a former legal manager at BHP Billiton, has strengthened the firm’s mining, projects and infrastructure capabilities. The corporate group assists clients with legal and corporate structuring matters, as well as the negotiation and completion of complex transactions; its experience also includes acting for banks and financial institutions on banking M&A, along with the acquisition and establishment of banking institutions in Chile. Ihnen’s practice centres on corporate and commercial matters and includes a strong tax component; Tzu-Hsin focuses on corporate, M&A and foreign investment – his recent caseload involving transactions in the mining, energy and infrastructure sectors among others; and Lathrop is a corporate, real estate and infrastructure specialist with a niche focus on the growth and development of family businesses.
Ricardo Ihnen; Tzu-Hsin Shen; Fernando Lathrop
‘I consider them to be a good team that is cohesive and maintains good communication with clients, in addition to having a good support network to collaborate with other people who are experts in other areas.‘
‘Very willing and dedicated to their work.‘
‘Flexible and attentive to their clients, taking a real interest in both the matter and the client’s concerns. These lawyers make you feel that for them it is not just another piece of work, or one more invoice or client, but that they give the mandate the same importance that one gives as an interested party and with significant issues at stake.‘
‘Excellent professional level and commitment, and very good handling of various collaborative work technologies such as One Drive and DropBox.‘
‘The team has accompanied companies of different sizes on a day-to-day basis for decades, which gives us a special guarantee.‘
‘Practical and results-oriented people, which suits me. They anticipate risks instead of just managing them and their commitment and loyalty is total, particularly Fernando Lathrop.‘
‘Great level of commitment and availability, especially Fernando Lathrop.‘
‘Fernando Lathrop, in addition to knowing our business in depth, has knowledge and tools that go beyond what is merely legal, which adds value for us.‘
Viña Concha y Toro
Minera Gold Field Salares Norte
American Screw Chile
Envases del Pacífico
Minera Los Pelameres
Vivo Mobile Communication
CRRC Qingdao Sifang
China Intl Water & Electric – Oceanus Investments
- Standing advisor to the Association of Metallurgical and Metalworking Industries (ASIMET) on corporate law matters.
- Ongoing advice to Kia Chile and Empresas Indumotora on corporate law matters.
- Advised Viña Concha y Toro on the purchase of agricultural assets, land, and water rights.
Fischer y Cía
Emerging out of the dissolution of the former Baraona Fischer & Cía in early 2021, Fischer y Cía‘s ‘diverse and multidisciplinary‘ 12-strong practice advises on a broad range of corporate and M&A transactions, including the acquisition of companies and assets, divisions, implementations and reorganisations. Managing partner and corporate practice head Cristóbal Herrera ‘understands the business‘, and routinely advises well-known companies such as British American Tobacco Chile, Samsung Electronics, General Motors and Falabella on corporate matters; while the experienced and ‘always attentive‘ Gerardo Cruzat (a partner Prieto Abogados until 2021) leads the transactional side of the practice. The senior associate to note, Carla Piedra, has deep experience in general corporate advisory matters, as well as handling project finance.
Cristóbal Herrera; Gerardo Cruzat
‘A customer service-oriented team with a friendly and professional approach, but without being complacent.‘
‘The team delivers a clear vision and organises itself very well, especially regarding following up on topics, without leaving loose ends.‘
‘A diverse and multidisciplinary team that is very collaborative, meets established deadlines and quick to respond.‘
‘Solid technical knowledge, but the way the lawyers communicate and empathise in the face of problems is something that differentiates them from their competitors. I would also emphasise their sense of humour and ability to remain calm under pressure.‘
‘The team compares favourably with groups from other firms. It is made up of impeccable and outstanding professionals, with the ability to be flexible, understand the needs of the client, and collaborate with an excellent level of professionalism.‘
‘Cristobal Herrera is without a doubt one of the best professionals I have ever worked with. He understands the business, the needs and the timescales of clients; and his analysis and answers are impeccable. He has always been able to resolve problems and concerns satisfactorily, while meeting tight deadlines, which makes his work and collaboration highly valued and essential for us – a partner for our business in Chile.‘
‘The team leader Gerardo Cruzat is always attentive; and when there is no immediate certainty, he is not afraid to state that he should review the issue and then respond. The team also gives a lot of confidence and always displays its thoughts during the analysis, having all the alternatives in sight.‘
Servicios Financieros Progreso
CMA Clínica Costanera
British American Tobacco Chile
Neutrona Networks Chile
Servicios Financieros Progreso
CMA Clínica Costanera
British American Tobacco Chile
Neutrona Networks Chile
- Onging advice to Multitiendas Corona in relation to corporate matters.
- Permanent legal advice to the Falabella group, including day-to-day enquiries and complex projects.
- Permanent legal advice to Neutrona Networks Chile, which includes corporate issues and the review of service provision contracts.
MBC Abogados‘ corporate team regularly assists with a broad range of transactions, including M&A, joint ventures, as well as handling general corporate advisory and corporate governance matters. The practice is perhaps best known for handling real estate-related deals, but also houses considerable sector-expertise as regards retail, healthcare, investment funds, hospitality, and food and beverages. The department is co-led by ‘brilliant lawyer‘, Carolina Menichetti and ‘excellent adviser‘ Benjamín Salas both have real estate-oriented practices that also encompass corporate restructuring, M&A and asset purchases/sales, JVs, investment-funds structuring, shareholder agreements and capital markets’ matters. A strong senior-associate bench includes Sybil O’Reilly, whose recent caseload includes advising on the transformation of private funds into public investment funds, and June-2021 recruits Florencia Grez and Guillermo Bobenrieth, who arrived from Cariola Díez Pérez-Cotapos and Silva Ibáñez Abogados, respectively.
Carolina Menichetti; Benjamín Salas
‘The lawyers give accurate and fast responses, and are very good at detecting risks and including them in the negotiations.‘
‘They are very committed, creative and at a high technical level.‘
‘Direct and dedicated attention from the partners, who are very committed to solving client problems.‘
‘The M&A team gets deeply involved in the projects and adds real value.‘
‘Carolina Menichetti is a brilliant lawyer.‘
‘Benjamín Salas is an excellent adviser, who in addition to his M&A expertise understands other issues, such as taxes, very well. This allows him to cover all angles and give comprehensive advice. In addition, he is always willing to go the extra mile for his clients.‘
Inversiones Santa Teresita
Fondo de Inversión Privado 360
- Advised Patio Residencial on its memorandum of understanding with Santander Asset Management, which related to a public investment fund to be used to jointly acquire, operate and lease assets for residential and combined rental use.
- Advised Grupo Patio on a $100m capital increase.
- Advised Patio Comercial on the sale of 51% of the shares issued by Rentas Patio X to Inversiones y Rentas LVM.
Ossandón Abogados‘ eight-strong corporate practice has longstanding experience in advising significant family offices and Chilean companies on commercial matters, allowing the group to establish a broad-ranging roster with clients drawn from the real estate, construction, agriculture, warehouses, mining, viticulture and residential waste collection segments. The firm is also the Chilean member of Washington DC-headquartered global legal network, SCG LEGAL. The group is co-led by corporate, real estate and tax law expert Marko Jürgensen Kroneberg; and founding partner Roberto Ossandón, who assists with both real estate and commercial law. In a significant boost to the team, corporate practitioners Josemaria Romero Evans, Roberto Grant Gajardo and Monserrat Alarcón were all made partners in March 2021, considerably deepening the partner-level bench.
Marko Jürgensen Kroneberg; Roberto Ossandón
‘Very professional team.‘
Grupo Urbaser Danner Chile
Taco Bell Chile
Francisco Perez Yoma Family office
Alto Los Nogales
El Chamisero Inmobiliaria
Bernardo Ossandón Larrain
- Advised Alto Los Nogales and Inmobiliaria Fundamenta on an association to develop a luxury real estate business.
- Advised China Tianying on an extensive due diligence of KDM, Starco and Demarco, Chile’s main waste management companies.
- Advised Carlos Montt on the sale of forest and farming business assets to a German company.
Villarino e Ilharreborde
Established as recently as 2020, boutique legal practice Villarino e Ilharreborde houses specialists in energy, real estate and technology sector-related M&A, with its practice also encompassing start-ups, venture capital and family office work. The principal practitioners are former Prieto Abogados‘ lawyers, Cristóbal Villarino, who routinely advises national and foreign clients on M&A transactions; and fellow founding partner and commercial law and M&A specialist, Juan Andres Ilharreborde. Key figures at associate level include seniors Felipe Infante and Trinidad Rojas, although fellow senior -the energy and natural resources-oriented Felipe Grez– is also active in M&A work; all were previously at Claro & Cia..
Abdala y Cia
Abdala y Cia‘s corporate and M&A department routinely advises over 20 domestic and international companies on general corporate matters; the firm is the Chilean partner of the DRT International Law Firm & Alliance, which comprises 32 offices worldwide. The group is headed by founding partner Ricardo Abdala Hirane, who focuses on M&A, commercial law, corporate governance, compliance and insolvency. Former senior associate Andrea Abdala Ready moved in house at Talana and has subsequently move to Miami with Amazon. The team has since been reinforced with the 2021-hire of young associate Nicolás Abdala Ready from the Chilean Government’s Under Secretariat of International Economic Relations; he ‘has all the characteristics that clients want in a lawyer‘.
Ricardo Abdala Hirane
‘Very fluid and coordinated teamwork. As a client, one feels very comfortable because, not only the lawyers, but also the entire administrative arm of the office is aware of my affairs.‘
‘My experience has been outstanding. It is not the type of law firm in which one has to be constantly asking about the state of affairs, but on the contrary, the lawyers keep you up to date with each transaction through constant communication.‘
‘Availability and professionalism.‘
Ovalle Casino Resort
Vicherat & Pradenas
Mundos del Vino
Embajada y Consulado de Argentina
IFX Chile Networks
- Advice to Transportes Centro Puerto on an ongoing basis.
- Advice to international clothing brand Jazmine Chebar on an ongoing basis.
- Standing advisor to R&Q Ingeniería (for over 20 years), including the company’s shareholders, in relation to corporate, regulatory and compliance matters.
Del Río Izquierdo Abogados
Del Río Izquierdo Abogados‘ five-strong department fields specialists in company incorporations, M&A, spin-offs, investment project financing, reorganisations and winding-up processess, along with licensing, franchising and distribution agreements; the team’s client roster is drawnn principally from the mining, manufacturing, construction and hospitality sectors. Partner and director of the legal and compliance practice group, María Alejandra Aguad, regularly advises on financial, corporate and commercial matters; while founding partner Eduardo Izquierdo also acts on corporate matters, in addition to his role as labour practice director.
María Alejandra Aguad; Eduardo Izquierdo
Inversiones Barrick Conosur
- Advised Inversiones Barrick Conosur (IBC) and Aguas Quilvar (AQ) on processing the merger by incorporation of AQ into IBC.
- Advised Mattel Chile regarding the latest modifications of the consumer protection legislation.
- Assisted Mattel Chile with a public consultation carried out by Chile’s Ministry of Health into draft regulations on the safety of products for children’s use.
Labbé Abogados | Labbé Ovalle Guglielmetti.
Labbé Abogados | Labbé Ovalle Guglielmetti.'s six-member corporate law and M&A team is particularly active advising companies from the food, mining, construction and energy sectors. Juan Ovalle, a corporate law and M&A transactions expert, is the primary advisor, along with José T Labbé (a partner since June 2021), who is experienced in M&A, corporate matters and corporate restructuring; and engineering-projects expert Mauricio Guglielmetti, whose corporate practice covers the start-up of infrastructure projects and establishing business models under corporate governance schemes.
Juan P Ovalle; Mauricio Guglielmetti; José T Labbé
‘Very committed to clients’ needs and very available.‘
‘José T Labbé is very competent and diligent in corporate matters and M&A, as well as being available and flexible.‘
- Advised Manuchar on the sale of property to a foreign buyer.
Montt Perez-Cotapos Abogados
Established in 2019, boutique firm Montt Perez-Cotapos Abogados' recent caseload includes advising clients from the construction, transport, energy, banking, logistics agribusiness and service sectors on their day-to-day matters; the department’s highlights also includes major M&A transactions. The practice, which ‘transmits confidence', is co-led by Sebastián Pérez-Cotapos, an expert in corporate matters, M&A, energy and cross-border transactions, while fellow name partner Santiago Montt focuses on both commercial and civil matters.
Sebastián Pérez-Cotapos; Santiago Montt
‘Solid knowledge in this area, speed and 24/7 availability.‘
‘A firm that transmits confidence.‘
‘The team that assisted us was always led by one of the partners, which was of great help in making the entire process faster.‘
Inversiones Las Amapolas
- Advised Greenvestment on the acquisition of three solar plants in the south of Chile from local developers.
- Advised IDOM Chile on its project-management contract with Inmobiliaria Las Salinas.
- Ongoing advice to Blue Express on its day-to-day operations and the creation of new business lines and partnerships.
Ortiz González Luarte Abogados
Boutique firm Ortiz González Luarte Abogados fields a five-member group that routinely acts for foreign clients on their Chilean matters; the practice handles share purchases, company acquisitions, foreign investments, corporate governance and collaboration agreements, including joint ventures and business alliances. The group is co-led by the ‘very efficient and responsive‘ Marcos González , whose career includes a stint in BankBoston’s Santiago legal department; and Jaime Luarte , a partner since 2019, whose corporate practice encompasses M&A, real estate, international trade, and construction and engineering.
Marcos González; Jaime Luarte
‘A very personal, helpful and English-speaking service.‘
‘Very good communication and excellent human qualities.‘
‘Marcos González is very efficient and responsive.‘
Banco Itaú Corpbanca
Gourmet Trading Co
De la Mare Family Office
Parque Eólico Ovejera Sur
Agrícola San Gerardo
PSF Don Humberto
Corporación Chilena de la Madera
Patagonia Baker Lodge
- Advised Central Hidroeléctrica Río Mulchén on the acquisition of Central Hidroeléctrica Río Mulchén.
- Assisted Otaq Group with due diligence matters and structuring contractual guarantees and securities.
- Advised Parque Eólico Ovejera Sur on the issuance of shares, which included the preparation of corporate documents.
Russi & Eguiguren | Quadrant
Russi & Eguiguren | Quadrant has longstanding experience advising on prominent domestic and cross-border M&A deals, including private transactions, partnership agreements, capitalisations, the acquisition of controlling and minority interests, and joint ventures. The team is led by experienced partners Carlos Russi, whose track record includes key roles in a number of milestone transactions; corporate, M&A, investment and capital markets specialist Alberto Eguiguren; and younger partner José Miguel Sanhueza (who ‘knows everything about how to execute a complex transaction‘) – his broad practice covers corporate and M&A matters, corporate governance, financing, international investment and capital markets. Since publication, the firm has hired Matías Ignacio Murúa to develop its bankruptcy and restructuring practice - he joins as a director with effect from April 2023.
Carlos Russi; Alberto Eguiguren; José Miguel Sanhueza
‘The team of lawyers is of the highest level for corporate and M&A work.‘
‘Vast experience, including very sophisticated and cross-border transactions.‘
‘The lawyers stand out for incorporating a vision that is not only legal, but also highly commercial. They know what is required to close a transaction.‘
Papa John’s (Chile, Costa Rica, Panama, Guatamala, Spain, Portugal and the UK)
JX Nippon Mining & Metals
- Advised several international branches of Papa John’s largest franchise (from outside the US and Canada) on the acquisition of assets in seven countries, so as to start operations in different Latin American and European markets.
- Advised Medismart, a medical services platform start-up, on a round of financing, including the issuance of preferred stocks and a shareholder agreement (among others).
- Provides corporate advice to a group of investment companies, namely Norte Grande, Pampa Calichera, Potasios, Oro Blanco, and Nitratos (through which Julio Ponce Lerou indirectly controls SQM).
Silva Ibáñez Abogados
Launched in 2018, corporate and M&A are core practice areas for Silva Ibáñez Abogados. The six-member team is experienced in company mergers, the acquisition and sale of shares and assets, joint venture negotiations and restructurings, particularly those involving a cross-border element; 2021 saw the department notably active in agribusiness, solar energy and private education-related matters. The group is led by ‘extraordinary negotiator‘ and founding partner Luis Fernando Silva whose practice is centred on M&A, financing, energy-project development, foreign investment, joint ventures, corporate governance and private equity; fellow partner Gonzalo Gutierrez is ‘a very rigorous and precise adviser‘; dual-qualified (Chile/New York), he focuses on cross-border M&A, financing and capital markets, corporate governance, US securities regulation, private equity, venture capital and crowdfunding. The pair can draw on associate support from Santiago Allamand and Daniela Faúndez. Former partner Guillermo Bobenrieth departed the firm in June 2021.
Luis Fernando Silva
‘A great firm for M&A and corporate matters.‘
‘This office excels, leaving clients very happy. In short, an in-house lawyer should know that in this office the work is excellent, very detailed and perfectly well done by expert lawyers. It is a pleasure to work with them.‘
‘A great law firm that can be trusted to deliver excellent quality products. In M&A transactions, the lawyers show great professionalism, thorough knowledge of the issues, agility to resolve different matters, and great communication with clients.‘
Universidad de los Andes
Fundación Educacional SEDUC
Benchmark Genetics Chile
Nolden Innova Chile
- Advised Atacama Invest on the merger of a private fund, Fondo de Inversión Privado RH IV, with Ameris Atacama Renta Residencial Fondo de Inversión.
- Advised Universidad de los Andes on a syndicated loan granted by Banco Santander and Banco Internacional, which involved corporate authorisations.
- Advised Inmobiliaria Macul on a real estate project involving the construction of a shopping mall, which included the review and negotiation of contracts.