Corporate and M&A in Chile

Barros & Errázuriz

The large, 63-strong team at Barros & Errázuriz is held in high esteem in the market and advises on private acquisitions, cross-border takeovers of listed companies, acquisitions of controlling and minority interests, divestitures, and corporate restructuring programmes; moreover, the ‘unique‘ group has also developed a substantial public M&A presence. Clients additionally benefit from the firm’s full-service status, which affords access to business-oriented tax expertise, as well as specialist antitrust, banking and finance, restructuring, energy and real estate practices. Widely respected for public M&A and international cross-border transactions, Pablo Guerrero heads the department, which includes Bernardo Simian (M&A, foreign investment, financing and capital markets); Fernando Barros (investment projects and corporate and financing structures – in addition to heading the tax practice); and M&A, finance and capital markets specialists Cristián Barros and Luis Alberto Letelier. Also integral to the practice are Emilio Vásquez and Carlos Ducci, who both focus on corporate law, foreign investment, M&A and joint ventures; and José Tomás Errázuriz , who handles corporate matters in addition to leading the dispute resolution group. The next generation partners to note are Vicente Cordero, who was promoted in 2020, and Sergio Eguiguren, while counsel Daniela Peña and senior associate Lucas Marinovic are also experienced advisers. Since publication, Marinovic has been promoted to the partnership - effective as of March 2022

Practice head(s):

Pablo Guerrero; Emilio Vásquez; Carlos Ducci; Sergio Eguiguren; Vicente Cordero


The ByE team’s availability and client service make them unique.

The focus and attention to client needs must be highlighted, together with knowledge of all relevant issues and active search for solutions.

They understand the sector in which my company works, which is very useful.’

Their experience in past transactions adds value to negotiations, documents and work in general.

The lawyers have availability in time and resources that is uncommon.

Key clients

Delta Air Lines

Ameris Capital



Total Eren


BTG Pactual



Linzor Capital

Macquarie Capital

Independencia AGF

MG Leasing

Crawford Carvallo


Work highlights

  • Advised Laureate Education on the restructuring of its corporate structure in Chile and a subsequent transfer of control of all its educational institutions.
  • Assisted BTG Pactual Chile Administradora General de Fondos with the sale of a 25% stake in VivoCorp.
  • Advised Peru’s Grupo Gloria on the acquisition (by its subsidiary Yura Chile) of over 50m shares in Chilean public corporation Cementos Bío Bío, through a share purchase agreement with seller Inversiones ALB.


The best we have worked with for corporate and M&A issues‘, the 54-member department (including 15 partners) at longstanding market stalwart Carey consistently structures the market’s most significant M&A transactions; its expertise ranges from takeovers, public offerings, minority share purchases and acquisitions of companies or asset packages to private equity deals, and insolvency and reorganisation-related acquisitions. Among the department’s numerous expert partners are firm chair Jorge Carey; cross-border M&A and corporate restructuring specialist Salvador Valdés; managing partner and corporate law and M&A expert Jaime Carey; Cristián Eyzaguirre, who, alongside Francisco Guzmán and Claudio Lizana, recently advised Algonquin Power Utilities Corp on the $172.5m acquisition of Chilean water utility company Empresa de Servicios Sanitarios de Los Lagos; and Pablo Iacobelli (current officer of the Corporate and M&A Committee of the IBA). The second line of highly rated partners are Chile and New York-qualified Patricia Silberman and Francisco Ugarte, who is ‘always available to give quality services‘, along with M&A specialists Marcos RíosGuillermo AcuñaJorge Ugarte and Cristián Figueroa. At senior associate level, Alejandra Daroch is ‘an excellent professional'. Since publication, the firm has also strengthened its China Desk, with the hire of Juan Pablo Qin as a project advisor - effective May 2022.

Practice head(s):

Jorge Carey; Jaime Carey; Claudio Lizana; Pablo Iacobelli; Salvador Valdés; Francisco Ugarte; Marcos Ríos; Guillermo Acuña; Cristián Eyzaguirre; Jorge Ugarte; Francisco Guzmán; Cristián Figueroa; Patricia Silberman


Carey’s team is the best we have worked with for corporate and M&A issues.

Francisco Ugarte is always available to give quality services.

Alejandra Daroch is an excellent professional.

Carey’s corporate team is very complete, solid and gives full guarantees to us as clients, that all the legal possibilities and their risks are being analysed to make the best legal and business decision. The practice is very problem-solving oriented, with a great business sense.

They have the ability to review the risks, and based on them, make the best decisions. A lot of experience, backed by a lot of legal, business, jurisprudence and practical sense to find solutions.

I especially highlight the partners Salvador Valdés and Cristián Figueroa.’

Among the associates, I highlight Angelica de la Carrera.’

It is a very robust team, they have the ability to analyse all angles and problems with great speed of response, and also take it quickly to legal documents.

They are always available to immediately search for the best solutions.

Key clients

Enel Américas


Qatar Airways

Algonquin Power Utilities Corp


Ontario Teachers’ Pension Plan Board

Alberta Investment Management Corporation

Moneda Asset Management


Sun International

Vitapro Chile


Larrain Vial Activos

Empresas Iansa

Sembcorp Industries

Nova Austral

Work highlights

  • Advised Santiago-headquartered Enel Américas on the structuring and negotiation of its acquisition of Enel Green Power’s renewable energy business in Central and South America (except Chile).
  • Advised Algonquin Power Utilities Corp on its $172.5m acquisition of Chilean water utility company, Empresa de Servicios Sanitarios de Los Lagos.
  • Advised K+S on the high-value sale of K+S Chile, its local salt business subsidiary, to Stone Canyon Industries Holding (as part of a multi-jurisdictional sale in Canada, the US and Brazil).

Cariola Díez Pérez-Cotapos

Cariola Díez Pérez-Cotapos' hefty 48-strong department is consistently sought out for its expertise in joint venture, private equity and venture capital deals; the acquisition of private and public companies (at both domestic and cross-border levels); complex corporate mergers and spin-offs; and corporate restructuring transactions (with and without change of control). The full-service practice showcases several experienced partners, including Francisco J Illanes (M&A, restructuring and shareholder agreements); corporate law and contracts specialist Sergio DíezCristián Herrera (corporate law, foreign investment and securities regulations); and Andrea Saffie (partner as of 2020); both she and Gerardo Varela are 'notable for their knowledge of M&A and corporate matters'. Also integral to the team are corporate, commercial, real estate and M&A expert Juan Pablo Matus; mining specialist Carlos Pérez-Cotapos; recently promoted corporate and real estate partner Tomás Vidal; José Luis Letelier, who has over 30 years' business and corporate law, M&A and foreign investment experience; co-head of the natural resources and mining group Gonzalo Grez; and highly experienced senior counsel Sebastián Obach. Further key support is provided by senior associates María Francisca Salas, whose broad practice includes advice on fishing and aquaculture, energy and health issues, and M&A adviser Sergio Balharry. Former partner Pedro Lluch left for EY Law in June 2020.

Practice head(s):

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


There is great commitment from the lawyers to the work and they understand clients’ needs perfectly.

Total involvement in the client’s company, beyond the specific legal needs, to understand how it works and the environment, so as to provide complete solutions.

Knowledge of various specialities and the client’s business. Without a doubt, expert lawyers in their fields with great professional capacity – additionally, they are great people!

An excellent team, with the right perception of clients’ needs and the ability to work as a business partner with the internal legal team.

Cariola has a great corporate team and is generally at the top of our list for transactions in Chile. What distinguishes Cariola is its practical and realistic vision of matters, and it is the quality of the service and the precision of the advice that make them stand out.

Very good lawyers with deep knowledge of the industry, and very clever in business matters. I really like their practical advice, which comes with commercial vision.

Multidisciplinary team with excellent lawyers in all areas. In M&A, their dedication and availability to give priority attention to our affairs stand out.

Juan Pablo Matus is a highly experienced partner, and Gerardo Varela and Andrea Saffie are both notable for their knowledge of M&A and corporate matters.

Key clients



Maderas Arauco


ATCO Group

Empresas Gasco

Pontificia Universidad Católica de Chile

Cognita Schools

Empresas Soprole


Work highlights

  • Advised Chilean-listed corporation Soprole Inversiones on a proposed merger with Sociedad Procesadora de Leche del Sur.
  • Advised Sandvik on an agreement to acquire global mining-suport serices company DSI Underground from Triton for €943m.
  • Advised Banmédica, through its subsidiary Banmédica Internacional, on the agreement to purchase all of HDI Seguros de Vida’s shares.

Claro & Cia.

'With great legal expertise and the ability to make mega-deals happen', Claro & Cia.'s 30-strong department is a market leader for M&A, from due diligence, structuring and negotiation to the drafting and completion of highly complex acquisition agreements. Typical work includes share and asset deals, cross-border mergers, takeovers, and exchange offers of dual-listed companies; the team is also highly rated for M&A work involving publicly-listed clients and target companies, while being constantly sought out for its related expertise in tender offers, securities laws and corporate governance. Practice head José María Eyzaguirre B is a cross-border M&A transactions specialist; Rodrigo Ochagavía has extensive M&A experience in regulated sectors such as energy, pension funds and insurance; and Matías de Marchena is an energy deal expert. Other widely respected practitioners are Felipe Larraín (cross-border transactions involving foreign investors); Ariel Mihovilovic (acquisition and sale of energy sector assets); Juan José León, who focuses on funds and asset managers; and cross-border transactions expert José María Eyzaguirre F. At associate level, Gerardo Otero focuses on M&A, restructuring, project finance and corporate matters, while former counsel Jaime Salas moved to Boza & Muirhead in March 2021.

Practice head(s):

José María Eyzaguirre B


Great legal expertise and the ability to make mega-deals happen.

A great team with good communication and responsiveness levels.

110% personal and professional commitment – they are never satisfied with the easy answer, always going the extra mile for the client; they also do not have ego problems – if there is a simpler solution, they apply it.

All the firm’s specialisms have lawyers of the highest level.

What distinguishes them the most is their commitment to their client – in this sense they are unique.

Beyond their excellent professional skills and very wise judgement, they are very committed and loyal, and willing to get involved and help – they go beyond the concept of billed hours.

It is a great advantage to be backed by a firm that dedicates its resources to clients when needed – and they do it without blinking.

Key clients

Glenfarne Group

State Grid

Itaú Unibanco

Banco Itaú Chile

AES Gener


Tecno Fast

Aker Horizons



Total Solar Latin America

Work highlights

  • Assisted Aker Horizons on the acquisition of a 75% interest stake in Mainstream Renewable Power, an independent renewable energy company.
  • Advised State Grid International Development on the €2.5bn purchase of equity interests.
  • Advised Sempra Energy on the sale of its equity interests (valued at $2.23bn).

Philippi Prietocarrizosa Ferrero DU & Uría

The 30-strong Chilean M&A and corporate team at tri-national (Chile-Colombia-Peru) firm Philippi Prietocarrizosa Ferrero DU & Uría is widely respected for its assistance with corporate advisory matters, M&A, joint ventures, spin-offs, and other significant strategic transactions; it is highly specialised in the energy, finance, forestry, healthcare, pharmaceuticals and technology industries. The practice showcases several experienced partners, including M&A, private equity and corporate law specialist Federico Grebe; Juan Francisco Gutiérrez, whose practice includes the purchase of shares and assets; Andrés Sanfuentes (broad M&A experience); energy transactions expert Carlos Alberto Reyes; commercial transactions specialist Juan Pablo Wilhelmy; and Alberto Pulido A (corporate law, M&A and financing). Clients additionally benefit from the presence of ‘excellent‘ corporate and M&A partner Tomás Acosta, who relocated to Santiago in 2019 for four years from the Madrid office of allied firm Uría Menéndez. Also well regarded are principal associate Constanza Rodríguez (M&A, corporate restructuring, joint ventures and corporate governance); and senior associate Guillermo Vial, who advises on infrastructure and projects. In May 2021, the firm merged with Carcelén, Desmadryl, Guzmán & Tapia, best known for its strong focus on energy and natural resources; the merger added 32 lawyers to the firm’s overall bench, including partners Jerónimo Carcelén, a mining law expert, and fishing and aquaculture law specialist Mario Tapia. It is with sadness that we report that, since publication, Juan Francisco Gutierrez has passed on.

Practice head(s):

Federico Grebe; Andrés Sanfuentes; Juan Pablo Wilhelmy; Alberto Pulido A.; Carlos Alberto Reyes; Tomás Acosta


Client-focused and detail-oriented team that provides extremely professional service in a timely manner.

A true pleasure to work with the team.

The firm is highly responsive and understands the issues facing institutional investors, addressing them up front.

Proactive and creative in providing advice. The team knows how to translate legal concepts for North American investors, and is well connected, and really understands the Chilean market and market practice – we were very impressed.

Experience was seamless and of higher quality than New York law firms!

Great for the legal technical quality of its lawyers, the knowledge of the sector and the country, the availability of Uría in Spain, and the speed and flexibility in making decisions.

Carlos Alberto Reyes is able to transcribe very complex technical terms into actionable plans.

Tomás Acosta is excellent in getting things done smoothly and efficiently; he is also very responsive and meets set deadlines.

Key clients

Sumitomo Chemical Company

PSP – Office D’Investissement des Regimes de Pensions du Secteur Public


Mutua Madrileña

AD Retail

Salmones Austral

Mitsubishi Corporation

DT Rigel

Banco Santander

Bolsa de Comercio de Santiago

Bolsa de Valores

Under Armour


Inmobiliaria Algeciras

Inversiones Altair


Servicios Equifax Chile


Grupo Ibereólica Renovables

Work highlights

  • Assisted Sumitomo Chemical Company with reviewing and negotiating the acquisition of Chilean assets.
  • Advised PSP – Office D’Investissement des Regimes de Pensions du Secteur Public, a consortium comprising PSP and Global Forest Partners, on the acquisition of Masisa’s Chilean forestry assets.
  • Advised Repsol on the acquisition of a 50% stake in a portfolio of six renewable energy projects in Chile (owned by Grupo Ibereólica).

Baker McKenzie Chile

With 'an agile approach to finding solutions', Baker McKenzie Chile has over 40 years' experience in assisting local and international clients with major M&A deals, joint ventures and other commercial transactions; the Santiago office fields a 12-member team that is particularly noted for its expertise in deals undertaken in Chile, while involving players from multiple jurisdictions. The practice showcases several key partners including Jaime Munro, who 'provides exceptional advice' and has 20-plus years' experience in private and public M&A, venture capital and private equity transactions (among others); corporate and partnership law specialist Fernando CastroDiego Ferrada  (stock and asset transactions and project finance); and transactional expert Sebastián Vivanco. Former corporate and M&A group head Leon Larrain is now of counsel, while key associate support comes from experienced semi-seniors Jorge Álvarez and Cristobal Larrain, along with senior Martin Müller.

Practice head(s):

Jaime Munro; Fernando Castro; Diego Ferrada; Sebastián Vivanco; León Larraín


Great technical knowledge and work in a very organised and methodical way, with defined action plans and a very broad and comprehensive strategic vision of the client’s needs.

They work in an extraordinary way with multinational companies like ours, since they have offices in the main cities of the world, which makes the work very co-ordinated and complete.

The team has a very agile approach to finding solutions.

Jaime Munro has vast experience and thorough knowledge of the regulations that govern matters, and he provides exceptional advice on mergers, acquisitions, divisions and other regulatory aspects that comprise such operations.

Key clients

Grupo Security

Credicorp Capital

Walgreens Boots Alliance

Mantos Copper

Renewable Resources Group

Administradora General de Fondos Security


Work highlights

  • Advised Mantos Copper Holding and Audley Capital Advisors on their agreement to sell a 30% stake in the Mantoverde copper mine to Mitsubishi Materials Corporation.
  • Advised Walgreens Alliance Boots on the restructuring of its Chilean subsidiary, Farmacias Ahumada.
  • Ongoing strategic corporate advice to publicly-traded company, Grupo Security.

Bofill Mir Abogados

Housing a well-established M&A practice, Bofill, Mir & Álvarez Jana‘s ‘extremely well-synchronised team‘ was recently particularly active in advising on transactions across the energy, real estate, mining supply, agriculture and construction industries; the corporate group is also sought out for ongoing corporate advice by major local and international companies, such as Enlasa and Bayer. Founding partners Alejandro Álvarez and Octavio Bofill, who both have longstanding experience in corporate and transactional matters, co-head the corporate and M&A department, which includes Ana María Yuri (real estate, retail, energy, insurance and finance deals); Rodrigo Saffirio, recently part of the team assisting Corso Inversiones with the sale of its participation in a fruit exportation company; and José Antonio Velasco, who ‘provides very solid work‘. Notable growth includes the September 2020 hire of Columbia Law School-educated Feliciano Tomarelli from Carey, who joined the firm’s senior associate group, which includes active transactional advisers Manuel Sánchez , Joaquín Recart and Victoria Salazar. However, former fellow-senior Andrea Alarcón moved to Honorato | Delaveau in mid-September 2021.

Practice head(s):

Alejandro Álvarez; Octavio Bofill


They have an extremely well-synchronised team that collaborates very efficiently on the most diverse issues and client needs.

Very diligent, fast, efficient and clear in their answers.

Excellent attention from the team, with timely responses, availability and quality advice.

Good corporate law assistance mixed with permanent tax support.

Highly trusted relationships with clients, with great leadership from Alejandro Álvarez and José Antonio Velasco.

In addition to José Antonio Velasco’s technical knowledge, I would emphasise his availability to take on issues, as well as his personality, patience and positive attitude towards problems.

José Antonio Velasco provides very solid work – we would hire him again.

Key clients

Fundación Educación y Cultura

Corso Inversiones

Inversiones ALB

Enlasa Generación Chile

Inversiones Fernandez Romero


Epiroc Chile

Gulftech International

Sif Icap Chile

Bureau Veritas

Foster Wheeler

Fraunhofer Institute

Work highlights

  • Advised Fundación Educación y Cultura on the transferral of higher education establishments from US group Laureate International Universities to a Chilean not-for-profit entity.
  • Advised Corso Inversiones on the sale of fruit exporter David del Curto to Hancock Natural Resource Group.
  • Advised Inversiones Fernández Romero on closing the sale of Promet Servicios, a Chilean mining supply entity.

CMS Carey & Allende

Housing 'a world-class corporate and M&A practice that is fully comparable to what might be found in US or global firms', CMS Carey & Allende's 23-strong department specialises in complex transactions, such as unsolicited tender offers and international expansion plans via acquisitions. The client base derives from a range of industries, including finance, energy, infrastructure, real estate, construction, telecoms, and hotels and leisure. Managing partner Ramón Valdivieso (M&A operations both in Chile and other parts of Latin America) co-heads the corporate and M&A group alongside Jorge Allende Destuet, who regularly participates in cross-border business combinations. Also highly regarded are M&A specialist Luis Felipe Arze and Fernando De Cárcer (M&A, capital markets and corporate law). Organic growth at the firm saw the promotion of Ignacio Errazquin to partner in January 2021, while at senior associate level, Sebastian Barros is active in energy, infrastructure and natural resources transactions.

Practice head(s):

Ramón Valdivieso; Jorge Allende Destuet


CMS Carey & Allende has a world-class corporate and M&A practice that is fully comparable to what might be found in US or global firms.

Jorge Allende Destuet is excellent. He is and will be a leading corporate and M&A lawyer in Chile and the region for many decades to come.

Key clients

Pacific Hydro

Laboratorios Sanfer (Invekra Group)

Nueva Inversiones Pacifico Sur

Verano Capital

Grupo Cosemar



Fondo de Inversión Privado Victoria I

Porsche Aktiengesellschaft


Work highlights

  • Advised Nueva Inversiones Pacífico Sur on the acquisition of a 65% stake in casino operator Sun Dreams from Sun Latam.
  • Advised Verano Capital Holding on the sale of a portfolio of several photovoltaic projects.
  • Advised Invekra (Laboratorio Sanfer’s holding company) on the negotiation and acquisition of a controlling stake in Laboratorio Pasteur from its founders.

Morales & Besa

Fielding 'an excellent team with vast experience', Morales & Besa's 23-strong corporate and M&A practice has longstanding experience in advising domestic and international companies from a wide range of industries, including infrastructure, energy, technology, mining and construction, among others; it handles both private and public M&A transactions for strategic buyers, investment banks and private equity funds, principally in Chile. Among the several experienced practitioners are name partners Guillermo Morales (acquisitions and sales, public tender offers, mergers, restructurings and corporate finance); and Eugenio Besa (commercial, financial and foreign investment matters). Also integral to the practice are M&A expert Michel Diban ('very good negotiation skills'), Macarena Laso (mergers of publicly listed companies), and corporate and commercial specialist Álvaro Barriga. Associate Vicente Valdés re-joined the team in 2020 after working as a foreign associate at Dechert LLP's New York office, but former senior associate Guillermo Pizarro moved in house (in the asset management sector) in January 2021.

Practice head(s):

Guillermo Morales; Eugenio Besa; Michel Diban


Good availability and knowledge of the specific regulations of each sector, with partners who are more involved than at other local law firms.

Very efficient in supporting our company during different investment processes. In addition to excellent legal support, they also provide commercial and business support.

An excellent team with vast experience and availability.

Strategic vision; contacts and network, with excellent delivery and response times.

A team with a lot of experience in M&A and well supported by different specialities when needed; they also have a strong business focus, which is very important when making tough decisions – way above the competitors with whom we have worked, due to the degree of dedication, focus and experience.

Morales & Besa’s corporate and M&A team must be one of the most prominent and prestigious in the country – they have participated in the most relevant operations and in different markets, and guarantee first-rate experience and professionalism.’

Michel Diban is is permanently involved. A lawyer with experience in the field and very good negotiation skills.

Álvaro Barriga prominently leads the team that advises us; his experience, management and ability to understand the particularities of specific businesses means first-rate advice; and the professionalism, competence and seriousness of the work carried out by associate Vicente Valdés also stands out.

Key clients

Accel KKR



DIF Capital Partners




Stars Investment

EIG Global Energy Partners

EFG Chile

Mitsubishi Materials Corporation





L Catterton

Enel X

E & J Gallo

Work highlights

  • Advised the Accel-KKR group on the acquisition of an HR manager technology company.
  • Advised E & J Gallo Winery on the local component of a global transaction, which involved the acquisition of over 30 brands and winemaking facilities from Constellation Brands.
  • Advised Corpgroup on the sale of several commercial assets, such as malls, outlets and a convenience store chain.

Prieto Abogados

The 26-strong practice at Prieto Abogados has amassed significant M&A experience in complex cross-border deals, private equity transactions and joint ventures; in 2020 it was particularly active in matters involving the insurance, banking, utilities, sanitary and energy sectors, where the team leverages its regulated-industries’ expertise. The ‘dedicated‘ team also has a growing private equity-related M&A practice, advising private investment funds on the acquisition of controlling stakes in family-owned businesses. The practice is co-led by Juan Tagle (complex M&A transactions, joint ventures and bidding processes), and energy sector specialist Fernando Bravo. Also integral to the group are M&A and joint venture expert José Andrés Pascual, who focuses on the energy and natural resources sectors; and Nicolás Yuraszeck (corporate law, M&A, and infrastructure and construction projects). Alejandra Bañados was promoted to counsel in January 2021; at associate level Maite Larrañaga has over a decade’s experience and combines a robust insurance and capital markets practice with corporate and M&A work. Since publication, Larrañaga too, has been raised to counsel as of November 2021. However, former senior Andrés Laymuns moved in house at Anglo American in February 2021.

Practice head(s):

Juan Tagle; Fernando Bravo


The Prieto Abogados team is very professional, dedicated and committed. We feel very well supported by them.

We can get hold of them even on holidays and after hours – great commitment from them.

Very transparent and helpful during the whole process, including the hours charged – stands out from previous experience with other firms.

Strong business orientation and commitment to agile delivery of quality legal advice – we feel that they are 100% aligned with our objectives and always propose innovative solutions.

The team is agile, maintains fluid communication, and is strong in technical matters. They are also pleasant to work with, especially considering the high-pressure scenarios that are evident during M&A processes.

Maintains a highly professional and organised culture. In other words, there is a good and consistent balance between formality and close contact with clients.

Key clients

Aguas Andinas

Engie Latam

Donald Douglas

Radio Victoria

Light E Holding

Coulson Group

Engie Energía Chile


Marco Industrial


Work highlights

  • Advised Aguas Andinas on its agreement to sell to Algonquin Power & Utilities Corp its total direct and indirect participation in Essal.
  • Advised Engie Latam, controller of Engie Energía Chile (EEC), on the acquisition of approximately 76m shares in EEC.  
  • Assisted Woodside Electronics Corporation (WEC), and US citizen Donald Douglas, with the Chilean aspects of the divestiture of Sortek Sur (Chile) and WEC.

Arteaga Gorziglia & Cia Abogados

Arteaga Gorziglia & Cia Abogados' corporate department is well known for its experience in complex and cross-border M&A transactions, particularly within the infrastructure, energy and retail sectors, as well as other regulated industries. Department head Arnaldo Gorziglia has longstanding experience advising on bidding processes and acquisitions that involve major infrastructure projects in Chile; while fellow name partner Ignacio Arteaga specialises in assisting companies with energy matters and commercial law. Also key to the practice group: are retail and energy sector specialist Luciano Cruz; tax practice head Andrés Ossandón, who was elevated to the partnership in January 2021; and senior associate Cristián Carpentier (corporate restructurings, commercial transactions and M&A).

Practice head(s):

Arnaldo Gorziglia


Highly qualified attorneys, with a deep focus on client affairs and management.

Excellent legal advice for reasonable fees.

Levels of advice that are typical of a top firm, with the specialisation of a boutique practice.

The involvement in decisions goes beyond what is strictly legal – AG&C becomes a partner of the client for each transaction.

The firm is very knowledgeable about corporate issues, based on many years of experience in working with different companies, and it has the support of a highly specialised young team. They also handle international transactions very well, and are very transparent when sharing risks and information.

Arnaldo Gorziglia has not only great professional management of his areas of expertise, but also great human qualities that facilitate communication with the team, understands emergencies, and is very efficient in his responses.

Ignacio Arteaga stands out, with a special focus on M&A involving non-conventional renewable energy projects.

Senior associate Cristián Carpentier is an expert in M&A and a great young talent.

Key clients



Sembrador Capital de Riesgo


AES Gener

Grupo Costanera

Parque Arauco

Díaz del Río Inversiones



Work highlights

  • Advised Ixom on the sale of its business operations and assets in Latin America.
  • Assisted Sumitomo Chemical Chile during the closing for the acquisition of four South American subsidiaries in Brazil, Argentina, Chile and Colombia.
  • Assisted Walmart Chile with the corporate analysis of a capital increase.


Leading Iberian law firm Cuatrecasas impacted strongly upon the Chilean market with the launch of its Santiago office in 2020, and with which it completed its presence in the four 'Pacific Alliance' countries (Chile, Colombia, Mexico and Peru). The corporate/M&A, banking and finance and capital markets groups are co-ordinated by experienced managing partner Roberto Guerrero V (international and domestic M&A, corporate governance and corporate restructuring), who was hired from Guerrero Olivos in January 2021, along with active M&A partners Macarena Ravinet, Josefina Yávar and Tomás Kubick. The office's initial team was rounded out with the hire of Alfonso Ugarte C from the former Baraona Fischer Spiess (which split in January 2021). The team advises on M&A, asset and business transfers, joint ventures, distressed deals, commercial agreements, licensing and corporate restructuring and also specialises in private equity and venture capital investments.

Practice head(s):

Roberto Guerrero V

Key clients

Compañía General de Electricidad

CMB Prime Administradora General de Fondos

Work highlights

  • Advised Compañía General de Electricidad on selling its assets in Argentina to Naturgy.
  • Advised CMB Prime Administradora General de Fondos on the acquisition of a controlling stake (via preferred shares) in Nuevo Sur, a drinking and wastewater treatment company.

Dentons Larrain Rencoret

Dentons Larrain Rencoret was formed out of the late 2019 association between global giant Dentons and domestic legal practice Larrain Rencoret Urzua. The sizeable, 31-strong corporate and M&A team advises on a broad array of matters involving infrastructure, construction, real estate and energy, along with the technology, fintech, transport, and the banking and finance sectors. In addition to heading the banking and finance department, Felipe Rencoret leads on large M&A transactions, while infrastructure projects expert José Manuel Larraín also has extensive M&A experience. Also integral to the office’s practice group are Karlfranz Koehler (corporate law, business structuring and M&A); corporate and tax specialist Karen Kulka; and Ignacio Pera, who was made partner in September 2020 and assists clients throughout the M&A cycle. 2020 also saw the return of senior associate Luis Izquierdo upon completion of his LLM at UCLA. Since publication, Izquierdo -who also handles banking and finance matters- has been raised to the partnership, effective January 2022.

Practice head(s):

Felipe Rencoret; José Manuel Larraín


The understanding of our company by the Dentons team makes them able to advise in depth – that gives us peace of mind.

They give themselves the necessary time to understand our requirements in detail, and advance matters in a way that is best suited to our company – they give us what we need and this is not found in other firms.

Great for their availability to the company and understanding of our culture and DNA.

Very good for their responsiveness, and they are always on time, which supports agile decision-making.

Very solid knowledge of legislation and its scope.

High levels of professionalism, seriousness and ethics.’

Fantastic team – they were fast, affordable and very easy to work with.

There is a dynamism in their way of working, and the team has been seamlessly integrated into our operational environment; it is also capable of adapting and responding to the needs of a fintech.

Key clients

Crawford & Company International

Mercado Libre

Fresenius Medical Care Chile

Carsol Fruit

Compañía Industrial El Volcán

Anasac Group

Tewoo Group

Metso Outotec


FAM America Latina

Work highlights

  • Advised Crawford & Company International on acquiring remaining shares in Crawford Carvallo Chile.
  • Advised Argentina’s Mercado Libre on acquiring software development startup Lagash (in Argentina, Chile, Colombia, México, Perú and Uruguay).
  • Advised Fresenius Medical Care Chile on several M&A transactions involving the acquisition of different dialysis centres in Chile.

DLA Piper Chile

A very competent team that is always ready to help‘, the 15-member corporate and M&A practice group at DLA Piper Chile advises during each phase of M&A processes, from due diligence to post-closing actions; the practice has notable specialisations in corporate governance, technology, energy and natural resources, and venture capital-related transactions. Corporate group head Matías Zegers focuses his practice on M&A and corporate governance, and is considered one of Chile’s most experienced venture capital lawyers; Marco Salgado has substantial experience in both public and private M&A. Raised to the partnership in January 2021, Jorge Timmermann‘s transactional practice includes the structuring of M&A operations, and stock purchase and shareholder agreements. However, former partners Paulo Larrain and José Pablo Dulanto, along with former counsel Manola Quiroz, departed the firm in February 2021 to re-establish NLD Abogados, which merged into DLA back in 2018.

Practice head(s):

Matías Zegers


A very competent team that is always ready to help.

Compares well with other top law firms.

Everyone is always very attentive to matters and the partners are always available; and they listen to clients’ concerns, seeking to do the necessary.

The legal-technical quality of the firm is very good.

Key clients

American Tower Corporation


Uber Technologies

Empresas Gasco


Arch Daily

Odd Industries


Jeld Wen Chile

Waterlogic Holdings

Colegium Chile


CarbonFree Chile

Seven Seas Water

Inversiones Santa María

Work highlights

  • Advised American Tower Corporation on the local aspects of the purchase from Telefónica Group of 30,722 telecoms towers in Europe (Germany and Spain) and Latin America, including the asset due diligence and drafting of closing documents.
  • Advised Uber and Cornershop, as joint counsel, on closing a deal by which Uber acquired a majority stake in Cornershop.
  • Advised Odd Industries, an AI company, on its sale to Maderas Arauco.

Garrigues Chile

Garrigues Chile's 'very good corporate team' is led by three experienced partners, namely Luis Felipe Merino, Rodrigo Fernández and Jaime de Larraechea, who bring complementary expertise in corporate law, M&A, governance and finance. The trio also have experience in the energy, telecoms, real estate and private equity sectors and the 21-member practice is regularly sought out for both local and cross-border M&A, corporate reorganisations and joint venture transactions. The second line of advisers includes Cristóbal Fainé, who advises clients from the energy sector on corporate matters, M&A transactions and securities; and senior associate Constanza Velásquez (M&A, commercial law and real estate), who re-joined the firm in October 2020 from Davis Polk & Wardwell LLP, where she was a visiting international associate.

Practice head(s):

Luis Felipe Merino


Garrigues has a very good corporate team.

The level of involvement in our business demonstrated by Garrigues’ specialists sets them apart from the competition; its strong points include its refined legal vision and business mentality.

The treatment of the client, as well as their approach and knowledge of the matters dealt with make working with them very simple and easy.

The comparison with other firms is very favourable – the commitment to the service provided is high and allows them to work efficiently.

The Garrigues Chile team stands out for its availability, co-ordination and technical clarity. It is highly valued that the partners get involved with problems and advice.

Without a doubt, Jaime de Larraechea makes a difference in this area because of the way he provides advice.

Rodrigo Fernández is always available and a very pleasant person.

Rodrigo Fernández has a high level of experience in corporate governance, perfect command of English, broad legal vision and excellent business judgement – he is fundamental for our group of companies.

Work highlights

  • Advised L Catterton on a Round C investment and acquisition of shares in NotCo, the parent company of The Not Company, a Chilean foodtech business focused on plant-based products.
  • Advised Chilean telecoms company Grupo Gtd on the acquisition of a 75% stake in cybersecurity company SecureSoft Corporation.
  • Advised financial services start-up Omni Latam on its sale to UK-based Greensill, one of the largest fintech companies worldwide.

Grasty Quintana Majlis – in association with Clyde & Co

The ten-member corporate group at Grasty Quintana Majlis – in association with Clyde & Co, which in 2020 entered into an association with UK law firm Clyde & Co LLP, consistently advises on joint ventures, mergers, corporate reorganisations and acquisitions; its sector experience covers insurance, agriculture, mining and finance, along with retail, technology and venture capital. The team is additionally expert in M&A transactions involving conflict scenarios and distressed assets. The practice is co-led by Juan Turner, who handles the sale and acquisition of companies and establishment of businesses in Chile; and Franco Acchiardo, who assists with corporate law, tax, M&A, financing and capital markets. Also integral to the practice is Hugo Prieto (corporate law, M&A, foreign investment, mining law and real estate); while at senior associate level, Sofia Nievas' practice includes advising companies and family offices on day-to-day affairs.

Practice head(s):

Hugo Prieto; Juan Turner; Franco Acchiardo


Great client orientation and they adapt legal solutions to the needs and realities of the company.

It is an extremely competent team and committed to the needs of its clients.

Solves problems to unlock negotiations, with excellent judgement from a legal and business perspective.

Compares very favourably, especially in terms of their speed in answering.

Great knowledge of the market, industry and clients – they are always there, no matter the time and issue.

Outstanding work with the application of innovative solutions for complex issues.

Franco Acchiardo is always available, no matter the time – if I need something urgent he will take care of meeting the deadlines we need.

Franco Acchiardo is a committed lawyer with a level of detail that gives extraordinary confidence in his management, judgement and diligence. He sees the big picture in order to streamline processes for the benefit of clients.

Key clients

Clínica Las Condes


Nexo Water Ventures

Pesquera Friosur

Apiux Tecnología



Mar Adentro

Caja de Ahorros de Empleados Públicos

Clairvest Group

Johnson Controls

Ericsson Chile


Administradora de Activos Financieros ACFIN

Sistemas Oracle de Chile

Bridgestone Chile

Laboratorio Maver


Feller-Rate Clasificadora de Riesgo


Kapin Capital

Excel Care

CG Cosmetics

HCS Capital Partners


DC Equipment

Cisco Systems

Murray Wise Associates

Ben & Frank

Work highlights

  • Advised Nike International on the divestment of its distribution business in Chile, by means of a sale of Nike de Chile to Mexican retail operator Grupo Axo, including the negotiation of a distribution agreement.
  • Advised Pesquera Friosur (and its controllers) on the acquisition by workers’ unions of a 20% stake in the company.
  • Advised Mar Adentro (MA) on a change-of-control matter involving Embotelladora Andina (EA), by which MA exited the controlling group through a transaction involving a swap of Series A and Series B shares in EA.

Guerrero Olivos

Guerrero Olivos' 24-strong department is particularly focused on international M&A in the TMT and energy and natural resources sectors, as well as deals involving the food and beverage and retail markets. Jorge Delpiano (‘proactive in generating proposals that resolve conflict points‘) and Pedro Pellegrini both focus on M&A, corporate restructurings and corporate governance; Juan Enrique Allard assists international clients from the TMT and energy industries with M&A and corporate reorganisations; and Pedro Lyon is highly regarded for mining-related M&A and private equity matters. Also active within the corporate and M&A team are senior associate César Gálvez and associate Diego Rodríguez, while recent hires -in February 2021- saw the recruitment of three associates, including Florencia Cortés, who was previously at Rivadeneira Colombara Zegers. Former managing partner Roberto Guerrero V, along with partners Macarena Ravinet, Josefina Yávar and Tomás Kubick all moved to Cuatrecasas‘ new office in January 2021. Since publication, Gálvez hhas been raised to the partnership with effect from March 2022.

Practice head(s):

Jorge Delpiano; Pedro Pellegrini; Juan Enrique Allard; Pedro Lyon


An attentive team that is available.’

A team with different specialisations that complement each other, covering all flanks during the M&A process.

Jorge Delpiano has great negotiation skills, and is proactive in generating proposals that resolve conflict points.

Key clients

Fomento Económico Mexicano

Telefónica Group

Empresas Carozzi

Aguas Andinas

Antofagasta Minerals

Antofagasta Railway Company

oEnergy Capital

Texas Pacific Group

Scotta Group

Next Energy

Telefónica Factoring España

AES Gener

Caja de Compensación de Asignación Familiar La Araucana

Kenbourne Invest


Novator Partners


Bridge Capital

Administradora Mater

Work highlights

  • Advised Telefónica Group on the international sale of a majority stake of its fibre optic business in Chile.
  • Advised Texas Pacific Group (US fund) on a $700m, international acquisition of companies formerly owned by Chinese group Trina Solar, in relation to the development of energy projects in Chile.
  • Advised Empresas Carozzi on the international acquisition of certain ice cream brands.

Honorato | Delaveau

Housing ‘extremely good practitioners who also understand the key aspects of business deals‘, mid-sized firm Honorato | Delaveau is consistently sought out for M&A deals involving mid-market corporations, as well as for its advice to private equity funds acquiring Chilean assets and businesses. Practice head Gonzalo Delaveau has substantial experience in general corporate advisory work, while his M&A transactional practice usually involves international elements or parties; Matias Langevin‘s M&A expertise includes the purchase and sale of companies and assets, along with the corporate reorganisation of corporate structures. José Luis Honorato is also a respected corporate partner; director Carlos Frias ' practice includes capital markets and compliance issues; while young associate Antonia Silva returned in January 2021 from a one-year secondment at EDF Renewables. Since research closed, the practice group has been further strengthened by the mid-September hire of senior associate Andrea Alarcón from Bofill, Mir & Álvarez Jana.

Practice head(s):

Gonzalo Delaveau


Top team not only for technical-legal issues, but also the commercial aspects.

The attorneys at Honorato & Delaveau are excellent, and very well prepared for the consultations we need.

Great results were obtained by the highly experienced lawyers involved.

Extremely good practitioners who also understand the key aspects of business deals.

The best is Gonzalo Delaveau. Technically fantastic but he also has very good knowledge of the market and sectors.

Gonzalo Delaveau – excellent work, knowledge and skills.

Matias Langevin is highly appreciated for his superb work.

Key clients

Ebi Operation


Administradora General de Fondos Vision Advisors

EDF Renewable Energy

Grupo Ruta

AFP Capital

AFP Provida

AFP Cuprum

Administradora General de Fondos Sura

Aediles Capital


HID Global

Moreau Industries

Dagorret Family


Voltex Group


Lexington Partners

Banco de Crédito e Inversiones

Liberty Compañía de Seguros


Essilor International

China-Lac Industrial Cooperation Investment Fund


Syneos Health

DHI Telecom

Singular Asset Management

Open Trading Group

Fressenius Medical Care

Work highlights

  • Advised EBI Operation on the acquisition of 51% of the Cosemar Group, including five operating companies involved in waste management collection and treatment.
  • Advised Innergex Renewable Energy and Energía Llaima on acquiring PV Salvador, which develops and operates renewable energy projects.
  • Advises EDF Renewables on ongoing corporate matters.

Larrain y Asociados Abogados

Larrain y Asociados Abogados‘ 14-strong corporate department specialises in transactional work, including M&A, asset purchases and disposals, sales of operations and restructuring; its representative work includes M&A deals involving the infrastructure and energy and natural resources sectors. The firm has also broadened its client base to cover retail, manufacturing and financial institutions. The corporate team is co-led by highly experienced partners Arturo Bulnes (infrastructure, transportation, retail and services industries), and energy, infrastructure and mining specialist Jorge Granic. The second line of key members includes Juan Carlos Bulnes, whose clients range from fund managers to tourism operators; Cristóbal Morandé, whose recent experience includes M&A deals involving power, real estate and infrastructure assets; and of counsel Ricardo Peña, a gas-related M&A expert. Juan de Dios Ferrada is the associate to note. Since publication, de Dios Ferrada has been raised to the partnership - effective January 2022.

Practice head(s):

Arturo Bulnes; Jorge Granic


A team of lawyers that stands out for its excellence.

They advise with dedication, client orientation, efficiency and reliability.

They work as a team, delivering a personalised service, attending to client needs, and providing possible alternatives that are tailored to the transaction’s context – they are pro-deal.

Because of their knowledge and experience in corporate and M&A, we have confidence in them.

Their responsibility and commitment are the dominant features.

Arturo Bulnes and Juan de Dios Ferrada Walker stood out for their excellence.

Juan de Dios Ferrada Walker is an enthusiastic and dedicated lawyer, who is highly qualified and always collaborative. He facilitates effective advice and management between the parties; and manages to provide support in ad-hoc transactions, as he not only has technical mastery but also strategic vision.

Arturo Bulnes has excellent legal qualities; his analytical skills and solid legal knowledge stand out.

Key clients

Banchile Administradora General de Fondos

Cemento Polpaico

Gamma Cementos

Metka EGN Chile

Sacyr Agua

Flux Solar Energías Renovables (Empresas Copec)

Minera Centinela (Antofagasta Minerals)

Seguros de Vida Suramericana

Seguros Generales Suramericana

Reden Solar

Ferrovial Airports International

Empresas CMPC

Work highlights

  • Advised Toesca Infraestructura II Fondo de Inversión on the purchase from Norgener Inversiones of an indirect stake in Empresa Eléctrica Cochrane (a subsidiary of AES Gener), which operates the Cochrane thermoelectric power plant.
  • Advised Cemento Polpaico and Gamma Cementos on a merger by which Polpaico absorbed Gamma.
  • Advised Banchile Administradora General de Fondos (through a subsidiary called Inmobiliaria Rentas Inmobiliarias Beta) on the acquisition of all the shares issued by Inmobiliaria GSI I (which owns ten gas stations).

Urenda, Rencoret, Orrego y Dörr

Urenda, Rencoret, Orrego y Dörr's 22-member corporate and M&A department has substantial experience in M&A transactions, shareholder agreements, joint ventures and corporate restructurings; the team also provides major local and international companies with general corporate assistance on an ongoing basis. Additionally, the firm is the Chilean member firm of the Multilaw and World Law Group international networks. The practice is co-led by Gonzalo Rencoret, who recently counselled Petroquimica Dow on a high-profile merger; Nicholas Mocarquer, who handles M&A, shareholder agreements, public tender offers and joint ventures; and corporate/M&A, banking and finance and capital markets specialist, Rodrigo de Alencar. Also key to the group are experienced partners Sergio Orrego and Felipe Rencoret, while at senior associate level, Bernardita Schmidt and Rafael Rencoret are the key figures.

Practice head(s):

Gonzalo Rencoret; Nicholas Mocarquer; Rodrigo de Alencar


The firm really stands out for its professionalism and the direct attention from its partners.

All the due diligence and work were carried out through the comprehensive advice of the firm and we were really successful.

They are my right hand and eyes in Chile. Total thanks to them!

The billing is always clear and self-explanatory enough for the client to understand what is being charged and ultimately what we are paying for.

Felipe Rencoret and senior associate Rafael Rencoret’s personal and direct treatment certainly makes all the difference – they are our proxies for local firms and we trust them 100%.

Key clients


Sociedad Química y Minera de Chile

Dow Chemical



Grupo Ferrero



FMC Corporation

Eli Lilly

Thomson Reuters

Echeverría Izquierdo

Murugappa Group

Work highlights

  • Assisted Petroquimica Dow with a merger (by which it absorbed Rohm and Hass Chile and Dow Quimica Chilena).
  • Assisted Honeywell with the local legal aspects concerning its $1.5bn acquisition of Intelligrated.
  • Advised Aceros Aza on the  acquisition of a slag treatment plant and other assets.

Albagli Zaliasnik

'Proposing practical, successful solutions', Albagli Zaliasnik's 12-strong team consistently assists its clients with their restructuring processes, in addition to their local, regional and global acquisitions. It also has notable expertise within the private equity and venture capital markets. The principal corporate practice contacts are founding partner Rodrigo Albagli, who created the firm's compliance practice and plays a key role in the intellectual and industrial property group; Álvaro Rosenblut (M&A, corporate governance, real estate, and civil and commercial contracts); and Eduardo Anguita, who was promoted to associate director of the corporate, compliance and venture capital groups in January 2021. International senior associate Stephanie Cruz is also a key team member.

Practice head(s):

Rodrigo Albagli; Álvaro Rosenblut; Eduardo Anguita


They are good and above all practical, and they provide easy solutions that can be implemented during an M&A process.

For a foreign company entering Chile, working with AZ has worked very well for us, as they have delivered us confidence and professionalism during the process.

Very personalised treatment and ability to solve issues by proposing practical, successful solutions.

Main qualities are responsiveness and flexibility – they are also, obviously, good lawyers who help to clarify and negotiate legal issues.

Client treatment is personalised and fast.

Álvaro Rosenblut is always aware of the progress of the matter and delivers practical and presentable solutions so as to move forward.

Associate director Eduardo Anguita has a lot of legal knowledge and knows how to solve issues successfully.

Key clients



Scale Capital

Pharma Investi

Grupo Secouya

Genomma Lab

DKT International

Work highlights

  • Advised UNACEM (a large Peru-based construction and concrete production company) on the purchase of three smaller concrete production companies.
  • Assisted Scale Capital on restructuring matters.
  • Assisting Dimerc with its ongoing legal issues.

Alessandri & Compañía Abogados

The ten-member M&A department at Alessandri & Compañía Abogados consistently advises multinationals and private equity firms on major acquisitions and sales, covering industries such as financial services, construction materials, mining equipment, salmon farming, telecoms, pharmaceuticals, and food and beverages. The practice also advises domestic and foreign companies on their day-to-day transactions and compliance with local regulations. Team leader Fernando Jamarne has longstanding experience in business and financial deals; head of the firm’s insurance, capital markets and competition practices, Felipe Cousiño is also key to the group; and managing partner Arturo Alessandri C‘s wide practice covers foreign investments and M&A. The senior associates to note are José Antonio Cuadra (corporate and M&A) and Nicole Cartier (corporate and capital markets). However, former senior associates Maricarmen Muñoz and Catalina Spencer left for Bruzzone & González Abogados and Capital Express Servicios Financieros, respectively, in late 2020. Since publication, the firm has strengthened its consumer-law capabilities with the hire of Francisca Barrientos, a former deputy director (for legal and administrative interpretation) at national consumer protection agency SERNAC, as counsel.

Practice head(s):

Fernando Jamarne

Key clients

The Silk Road Fund


Indigo Partners

Johnson & Johnson Medical

Otis Latin America


AB InBev Chile

Dorel Juvenile



Work highlights

  • Advised Transense Technologies on its sale to Atms Technology.
  • Assisted Dorel Sports with a capital increase.
  • Advised Dorel Juvenile on several corporate transactions, including a change in its corporate name to align it with its main shareholder, Dorel.

Aninat Abogados

Following Aninat Schwencke & Cia’s 2020 de-merger, Aninat Abogados‘ ‘cohesive, established‘ eight-member practice retains a significant private equity and venture capital client base. The team fields specialists in partnership agreements and corporate governance matters, and in relation to M&A transactions, the practice is also equipped to provide labour law, tax, antitrust and environmental law assistance. With ‘great knowledge of the most varied, profound legal issues‘, name partner Luis Aninat (corporate, transactional, regulatory and dispute resolution) leads the practice; former corporate practice director María Eugenia Sabbagh (who ‘finds plausible, beneficial solutions‘), was raised to the partnership in March 2020. Since publication, the firm has absorbed energy environmental law boutique Ropert, Correa y Poklepovic Abogados to reinforce its abilities in the natural resources and administrative law areas - effective as of March 2022.

Practice head(s):

Luis Aninat


I greatly appreciate their work. It is a cohesive, established team with a lot of energy; it is also very focused and operates very successfully in corporate matters. I would say that they have a special nose for following certain strategic paths, which leads to very good results.

The experience was very good – a fluid relationship without drawbacks.

A trustworthy team, with great legal knowledge and influence in the Chilean market.

A very professional team with a very identifiable leader, who works very closely with his team. We regard this horizontal relationship between Luis Aninat and the rest of the lawyers in his firm as something very healthy, efficient and unique in the market – and they have been a fundamental part of our success and excellent results.

Luis Aninat is a very prestigious lawyer in this country; he is an experienced lawyer with great knowledge of the most varied, profound legal issues, and with great vision for the future of our company.

Luis Aninat is a very reliable, professional, intelligent, business-focused and pleasant leader to work with.

María Eugenia Sabbagh finds plausible, beneficial solutions for all the players involved.

María Eugenia Sabbagh is a standout partner, who is very intelligent, very capable, hardworking and assertive.

Key clients

Parque del Sendero

Eurofrance (Citroën Chile)

Minería Activa


Chile Ventures Administradora de Fondos de Inversión


Viña Bisquertt


Pampa Camarones


Work highlights

  • Advised Parque del Sendero on the financing of its operations through a bank loan, which included structuring the matter for corporate and tax purposes.
  • Assisted mining company Pampa Camarones with a capital increase for new investors, so as to open a mine and commence operations.
  • Advised the founder of TodoVa (last-mile logistic services) on the sale of the company to Chakzi Holdings.

Barros Silva Varela & Vigil

With the 'ability to find simple solutions to complex problems', Barros Silva Varela & Vigil‘s department focuses on corporate advice for financial institutions, private equity and investment funds; typical transactional work includes due diligence assistance and the negotiation of the terms and conditions of complex acquisitions. The team also assists with day-to-day business operations, including service agreements, bidding processes and compliance issues. Practice head Jorge Vigil is a specialist in corporate law, particularly M&A, restructuring and capital markets; while at associate level, senior Sebastián Barros is corporate group director and the experienced Felipe Valle is an additional name to note.

Practice head(s):

Jorge Vigil


A team of lawyers that understands its client’s business and the underlying problems, providing comprehensive solutions.

Responsive to all the questions and requests made by us, delivering a very clear and transparent work plan where all problems and possible risks are addressed.

Ability to find simple solutions to complex problems.

Great professionals who are experts in the legal areas they serve, and the advice and drafting are perfect.

The service was excellent compared to other firms.

Jorge Vigil has extensive knowledge in the areas he advises on, resolving all doubts.

Corporate group director Sebastián Barros is a lawyer with extensive experience in the corporate area, where he is clear about problems and the solutions to be found.

Sebastián Barros is able to relate to different areas of law in order to respond comprehensively to the requested service, and he is very responsible in his delivery times and always available to answer questions – great client service.

Key clients



Agrícola Huinca

Agrícola La Isla

Lemuy Group




Estructuras Marfil

Work highlights

  • Advised Cordada on the structuring of a private fund.
  • Advised Chilefilms on the reorganisation of the group’s corporate structure, which involved a series of mergers and dissolutions of companies.
  • Advised Agricola Huinca on the design of its corporate structure.

Coeymans, Edwards, Poblete & Dittborn

The 11-strong practice at mid-sized firm Coeymans, Edwards, Poblete & Dittborn focuses predominantly on M&A, asset purchases, partnership agreements, joint ventures, real estate investments and energy projects; it is also experienced in security market regulations and corporate governance, and was recently active in restructuring matters. Regularly involved in highly complex M&A deals, name partners and department heads Tomás Poblete and Alejandro Edwards are both former Carey associates. Key associate support comes from senior Magdalena Eyzaguirre, whose practice centres on project finance, infrastructure, banking, capital markets and corporate law; and associate José Manuel Errázuriz - his broad practice also includes acquisitions and corporate law.

Practice head(s):

Alejandro Edwards; Tomás Poblete

Key clients

Frontal Trust



Valhalla Energy

IFB Inversiones


Aguas Andinas

Agricultural Land Corporation




Natz Investments

Global Pesca



BR Capital



Patagon Land

Inmobiliaria Frutillar


Nenadovic Family



Turismo Cocha

Viña Luis Felipe Edwards


Farmacias Cruz Verde




Frutec México


Juan Cristóbal Jaramillo

Amplo Asset Management

Almar Water Solutions

Work highlights

  • Advised Frontal Trust on the structuring of a private debt fund, which invests in alternative assets.
  • Advised energy fund FMTM on the purchase of a portfolio of energy projects.
  • Advised a Kapture fund on the purchase of the Millenium Kirby residential building in Houston.  

Jara Del Favero Abogados

Jara del Favero Abogados recently reverted to its former independent status, following the unwinding of its 2018 merger with Ried Fabres in early 2020. The sizeable 20-strong group comprises partners and associates with extensive experience in advising companies on corporate matters and M&A, including local and cross-border deals. The principal advisers are commercial and corporate law specialist Sven Herlin; capital markets expert Alvaro Caviedes; Felipe Ovalle (commercial and civil law, securities, M&A, project finance and infrastructure); and Manuel Jiménez, who has notable pharmaceutical sector experience. A capable second line of advisers includes Andrea Abascal (a partner as of February 2020), and experienced associates Marina Junge (who has over a decade at the firm) and Julio Trucco, who was appointed real estate practice director in January 2021.

Practice head(s):

Sven Herlin; Manuel Jiménez; Felipe Ovalle; Alvaro Caviedes

Key clients



Cementation Canada

Weatherford International


Larraín Vial

ZeGroup Holdings

Work highlights

  • Advised extra virgin olive oil producer Soho on the incorporation of a strategic partner.
  • Advised Petra on the negotiation of a shareholder and share purchase agreement.
  • Advised ZeGroup Holdings on the acquisition of all of Alba Care’s shares.

Magliona Abogados

Magliona Abogados' ten-member team focuses on the day-to-day operations of companies, including their corporate and labour law requirements, along with M&A and buyout operations. The practice is co-directed by corporate, M&A and consumer law specialist Giovanni DonatiJuan Pablo Montiel, who advises on corporate, real estate and labour matters; and name partner Claudio Magliona, who handles corporate structures, M&A, software development agreements and franchising, along with a niche specialism in film distribution, production and financing. At associate level, Carolina Abarca, who in addition to her corporate practice is the labour group director; Karla Cid (corporate matters, new technologies, IP and telecoms law); and Karla Frez and Bárbara Reyes, who both advise on corporate law and real estate (among other matters) are all noted.

Practice head(s):

Claudio Magliona; Giovanni Donati; Juan Pablo Montiel


They have a team of very solid, experienced professionals.

Magliona Abogados compares very favourably with other firms due to their efficient and assertive way of working.

Lawyers by vocation who are always ready to help and attend in an agile and efficient way – we turned to Magliona Abogados because of their experience and knowledge.

Compared to other firms, the experience of the practice is that they respond quickly, regardless of whether in English or Spanish, and they additionally always provide complementary material as requested, which greatly helps corporations.

Claudio Magliona is simply exceptional – a strategic pillar for us, with a holistic view of the industry that allows us to navigate between regulations.

Claudio Magliona is appreciated for his strategic and business vision, exceptional communication skills and great power of execution.

Giovani Donati has great capacity for deal execution and with excellent response times.

My experience with Juan Pablo Montiel was fantastic. Very dedicated, attentive, professional, and at an excellent technical level.

Key clients






J&J Personal Care


The Chemist Group



Globalization Partners







Smart Mining

Icon Group

Owens Corning

world vision




Work highlights

  • Advising Owens Corning on all corporate legal matters.
  • Handling corporate and transactional matters for Johnson & Johnson in Chile.
  • Assisting Sucden with corporate and transactional matters.

Marinovic & Alcalde Abogados

At boutique law firm Marinovic & Alcalde Abogados, the 'very diligent and technically competent' corporate group regularly advises on complex contractual aspects, from due diligence to optimising legal structures, company restructurings and M&A. Project development and corporate-structures specialist Martín Vilajuana de la Cuadra, who regularly advises on deals involving venture capital and international entrepreneurship; and M&A expert Javier González Echávarri, co-lead the corporate practice. Also key to the group is corporate law and natural resources specialist Alberto Polette Zaldívar, whose recent experience includes advising Moncuri Group on several matters, including the incorporation of special-purpose vehicles.

Practice head(s):

Martín Vilajuana De la Cuadra; Javier González Echávarri; Alberto Polette Zaldívar


The team is very diligent and technically competent.

M&A Abogados is characterized by its 24/7 availability. Additionally, it has experienced and talented lawyers who have made it possible to carry out the projects and tasks that we entrust to them as clients.

The fees are reasonable and the diversity of their service is wide.

Its difference is in the quality of its professionals and their approach to the client.

In terms of technology, they are at the forefront. They have omnichannel communication with clients, and they adapt quickly to new trends using state-of-the-art technology. This compares positively with other law firms that are generally more rigid and have a hard time adapting to new trends.

What distinguishes them is their willingness, proactivity and good judgement when solving problems.

Has a holistic view of the issues with highly trained professionals in all areas, which makes them approach matters from different perspectives, ultimately enriching the final result.

Martín Vilajuana De la Cuadra has deep expertise in the startup world, his assistance ranging from legal issues to purely financial and networking issues.

Key clients


Human Forest

Tecpro Group

Maxi Mobility Chile II

Cabify Chile

Inmobiliaria Encomenderos

Atlas Bank

Moncuri Group

Mantos Grandes Resources Chile

Training Competence

Kuack Media Group Chile

Work highlights

  • Assisted Grupo Moncuri, a multi-investment Chilean family office, with the incorporation of special purpose vehicles.
  • Assisted Human Forest (a zero-emission and app-supported e-bike service company) with corporate governance matters, as well as the development of its appropriate corporate structure.
  • Advised Grupo Tecpro (a group of four integrated-services companies providing infrastructure services and industrial solutions) on a due diligence and compliance exercise for each of the companies.

NLD Abogados

NLD Abogados was relaunched in February 2021 when Paulo Larraín, José Pablo Dulanto and Manola Quiroz, who have worked together since the 1990s, departed from DLA Piper BAZ/NLD - the result of a 2018 merger between BAZ|DLA Piper and Noguera, Larraín & Dulanto. Company and asset acquisition specialist Larraín co-chairs the corporate practice group alongside Dulanto (natural resources, M&A and general commercial matters); regulated-markets expert Quiroz was raised from counsel to partner in February 2021. Delivering 'fast, very solid answers', the seven-member group handles sophisticated M&A deals and due diligence processes, as well as post-closing activity.

Practice head(s):

Paulo Larraín; José Pablo Dulanto


They deliver fast, very solid answers, and understand corporate practice and how to make schedules work.

They are there to support the client and are very patient with company clients‘.

I highly recommend Paulo Larraín and Manola Quiroz.

Paulo Larraín is an excellent lawyer, who has a lot of knowledge and is always available!

Key clients

Linzor Capital Partners

Agro Merchants (Oaktree)



Riverwood Capital Partners

Apollo Education Group

MBI Corredores de Bolsa

Victoria Capital Partners

Merck Sharp & Dohme

Ryssen Alcools

Consorcio Seguros

Assa Abloy

Lockheed Martin

PAGBAM Schwencke Chile

The former Schwencke & Cía (the result of the early 2020 dissolution of Aninat Schwencke) is now known as PAGBAM Schwencke Chile, following its November 2020 tie-up with Argentine law firm Pérez Alati, Grondona, Benites & Arntsen. The six-member corporate practice group has extensive experience in advising foreign and local investors, investment funds, private equity funds, family offices and multinational companies on their acquisition activities in Chile; it also assists target companies and entrepreneurs with their company sales and incorporation of strategic partners. The department is led by name partner and leading business lawyer Juan P Schwencke, alongside finance and corporate partner Francisco Prado.

Practice head(s):

Juan Schwencke; Francisco Prado

Key clients

WPP Group




Work highlights

  • Advised McCormick on the termination of a relationship with a local distributor.
  • Assisted WPP Group with the restructuring of WPP Chile.
  • Assisted ExitoWeb with the incorporation of a local subsidiary.

Allende Bascuñán & Cía

Allende Bascuñán & Cía's 11-member department has been particularly active, recently, in relation to corporate reorganisations, incorporations, shareholder agreements, corporate governance, offshore special vehicles and joint ventures. Other notable areas included construction contracts, bidding procedures and aviation agreements, while 2020 was also an active year for the team with regard to the corporate aspects of real estate and agricultural projects. The co-heads of the corporate practice are founding partner and cross-border aviation specialist Felipe Allende, and corporate expert José Luis Ibáñez. Key associates on the team include José Manuel Barros and Pía Irarrázaval.

Practice head(s):

Felipe Allende; José Luis Ibáñez


Availability and willingness to meet the needs and services of its clients. Throughout the pandemic, the office was able to adapt by introducing technology, while the level of concern for our matters, and the care and legal advice, continued to be very satisfactory and efficient.

It is an office that is always innovating and improving its processes, with a very special focus on clients. I have always felt very comfortable and well cared for by this team – I depend on them a lot.

They are a team that mixes corporate and tax lawyers very well, which makes their responses and advice comprehensive and fast. They are at a very good level compared to other offices with the same characteristics.

They know our businesses in depth, and deliver fast and excellent legal advice. This is an efficient, proactive work team that is always attentive to the client’s needs.’

Felipe Allende is a great adviser, with extensive knowledge of Chilean and foreign law.

Felipe Allende has extensive knowledge of international legislation, and we review all matters that have international aspects with him. In addition, he has great business management skills and a thorough knowledge of corporate governance issues.

José Luis Ibáñez is an excellent lawyer, with a lot of energy and great availability.

José Luis Ibáñez should be highlighted for his exceptional client service.

Key clients

Renner Group

Atlas Air

Federal Express

Inmobiliaria Proyekta

Ingeniería y Construcciones Mas Errázuriz


Amazonas Líneas Aéreas

Qatar Airways



Tea London

Southern Air

Cía Minera Tránsito

Cía Minera Carmen Bajo

Work highlights

  • Assisted Qatar Airways with the incorporation of an agency in Chile, so as to initiate its business in the country.
  • Advised Indura on Covid-19-related risks, as well as issues surrounding gas and oxygen supply-agreements signed with public hospitals and private clinics.
  • Advised Constructora Ignacio Hurtado on corporate governance matters.

Baraona Marshall & Cía

Further to Baraona Fischer & Cía's January 2021 split, (which also saw the departure of partners Alfonso Ugarte and Federico Rodríguez and associates María Jesús Hernández and Fernanda Anguita), the 10-strong practice at Baraona Marshall & Cía remains heavily involved in M&A, business associations, joint ventures, asset sales and purchases, bidding processes and tender offers. Juan Pablo Baraona's experience includes cross-border transactions involving company restructurings; while new name-partner Raúl Marshall, in addition to his banking and finance practice, also advises on M&A. Primary associate support is provided by Rodolfo Vega and Gonzalo Aravena.

Practice head(s):

Juan Pablo Baraona; Raúl Marshall


Great for both local and international issues.

Very available client service – the partners are personally involved in all matters.

Accurate and timely responses, and they provide simple and effective solutions.

We appreciate their experience, flexibility, input and knowledge.

A team with a lot of technical knowledge, and friendly and flexible.

Excellent value for money with capped fee agreements.

They are involved in every issue in detail, and provide practical and tailored solutions.

Juan Pablo Baraona has great knowledge of the business acquisition process.

Key clients


WS Audiology


TMF Group


Consorcio Iberoasiático


Comunicación y Telefonía Rural


Asesorías e Inversiones Benjamín

Gestión Solar

Inversiones Pedro Alamos

Work highlights

  • Provides general corporate advice to Bunzl and its subsidiaries.
  • Advises Widex on corporate matters.
  • Advises Rexnord’s Chilean subsidiary on a range of corporate matters.

Deloitte Legal Chile

Deloitte Legal Chile's 20-strong multi-disciplinary corporate and M&A department consistently advises on general corporate matters and company acquisitions; assisting clients at all stages, including due diligence reviews, negotiations and legal drafting. Being part of the global network of Deloitte member firms, clients also benefit from access to professionals within the finance, accountancy and engineering sectors, among others. In addition to supervising the office's labour and immigration practices, Ignacio Concha advises on M&A, investments and regulatory issues; managing associate Ruby Soteras assists with corporate advisory and M&A matters; and senior associate Carla Fortes is also on hand for corporate law and regulatory advice.

Practice head(s):

Ignacio Concha

Key clients

Banco Santander

Mostos del Pacífico

Badinotti Chile

Chori Co

AKVA Group Land Based Americas

Kongsberg Maritime Chile


Itaú Corpbanca

NCR Financial Services

Neoelectra Chile

Work highlights

  • Advised Banco Santander on the negotiation, preparation and execution of secure credit agreements, which included reviewing the assets given as guarantee.
  • Advised Neoelectra Chile on the acquisition of a wind power project, including due diligence.
  • Advised Mostos del Pacífico on the negotiation, drafting and execution of documents in preparation for the sale of its subsidiaries in Chile.


'Able to deliver the best recommendations', FerradaNehme's corporate practice is developing a strong name in the market for high-end transactions, and regularly works alongside its colleagues from the firm's banking, insurance, financial regulation, competition, litigation and tax law departments. The practice co-heads are name partner and corporate law specialist Rodrigo Ferrada, and corporate practice director Juan Andrés Bretón (private and corporate law, including M&A, foreign investment and corporate reorganisations). Senior associate Roberto Carrillo advises Chilean and foreign clients, including private equity funds and financial institutions, on their transactions and investments in Chile.

Practice head(s):

Rodrigo Ferrada; Juan Andrés Bretón


Better than the other firms we previously worked with. We are a company that needs quick responses, especially when requested by our parent company, and they never missed a date.

They are very rigorous and detailed with the information provided, but they manage to convey their opinions so that non-legal teams can understand each point.

They are able to deliver the best recommendations, adapting to our needs and requirements. In addition, they do everything with great proximity and availability, which is not very common in elite firms.

In addition to the absolute mastery of our business and the legal environment, they deliver answers and solutions very quickly.

Always present to ensure we comply with all local regulations.’

The pluses are professionalism and full availability, and adjusting to time requirements depending on the projects, which highlights their flexibility and broad vision when tackling complex issues.

Availability and good service with excellent technical responses.

The team led by Juan Andrés Bretón has great experience, and the ability to understand client problems and deliver very valid solutions.

Key clients

Cervecería Chile

Acciona Industrial

Abengoa Energía Atacama

Neogen Corporation

Compañía de Petróleos de Chile

Labruyère Group

Grenke Group

Fitch Group

Galanz Group

Capstone Group

Innovación Social y Fundraising


Work highlights

  • Advised AB InBev Chile on a distribution agreement.
  • Advised (as Chilean counsel) Neogen Corporation on a cross-border M&A, which included Chile, Argentina and Uruguay.
  • Advises the Grenke Group, whose local subsidiary is GC Rent Chile, on its day-to-day corporate needs.

Fischer y Cía

Further to the January 2021 split of Baraona Fischer & Cía, newly-formed Fischer y Cía retains an eight-strong practice that includes key figures, managing partner Cristóbal Herrera (as corporate practice head), and senior associate Carla Piedra. The practice has also recruited Gerardo Cruzat (banking and finance, M&A and general corporate advice) from Prieto Abogados to lead the firm’s transactional practice, which advises on a broad scope of matters, such as the acquisition of companies and assets, mergers, divisions, reorganisations, and related operations.

Practice head(s):

Cristóbal Herrera; Gerardo Cruzat

Key clients

Multitiendas Corona



British American Tobacco

General Motors


Work highlights

  • Ongoing advice to retailer Falabella regarding corporate legal matters.
  • Ongoing advice to British American Tobacco on its business activities.
  • Assisted Multitiendas Corona with corporate matters.

Lembeye Abogados

A growing practice that has incorporated lawyers of great national prestige‘, Lembeye Abogados was founded in 2017 by Jorge Lembeye, former partner at Bofill, Mir & Álvarez Jana, from which Nicolás Espina was hired as partner in 2019 to strengthen the corporate and M&A department, and from where dual-qualified (Canada / Chile) natural resources partner Rony Zimerman and senior associate Francisco Palma also arrived in 2020. Lembeye, whose broad commercial practice spans finance, project financing, capital markets and M&A, also assists with the structuring and placement of funds. Since publication the firm has added two further associates to the practice as of April 2022; namely, María Jesús Palacios and María Trinidad Silva, from Barros Silva Varela & Vigil and Urenda, Rencoret, Orrego y Dörr, respectively.

Practice head(s):

Jorge Lembeye


A young and well-contacted team; they are well informed and respect agreements and committed timescales.

A growing practice that has incorporated lawyers of great national prestige – it will soon become a very important firm in Santiago.

Very connected, highly motivated, and serious and reliable professionals.

Great knowledge in the corporate area and their client service is very remarkable – they are always available.

Jorge Lembeye is a very competent leader.

Jorge Lembeye is very prominent in seeking solutions to conflicts, has experience and knowledge, and is clear and direct in what he does.

Jorge Lembeye and Nicolás Espina stand out.

Nicolás Espina is always available for clients.

Key clients

Aki Kb Minibodegas

Andex Minerals

Asoc Gremial Diálisis Independiente

Autostrade Tech (Agencia en Chile)

Barron Vieyra International

Business News Americas

Itelecom Holding Chile

Nephrocare Chile

Gad Inversora


Fondo de Infraestructura

Vestas Chile Turbinas Eólicas



ARTL Chile Auditores

Empresa Nacional del Petróleo


Polynatural Holding

Work highlights

  • Advised Aki KB Minibodegas on the acquisition of key storage facilities.
  • Advised, alongside Curtis, Mallet-Prevost, Colt & Mosle LLP, Business News Americas on the sale of a majority stake in BNamericas to investment fund Endicott Growth Equity Partners.
  • Assisted Biwo Investment and Biwo Renovables (as sellers) with the negotiation of a share purchase agreement for the sale of five ground-mounted solar photovoltaic power plant projects in Chile.

MBC Abogados

MBC Abogados'20-strong department advises on a range of transactions, including M&A, joint ventures and general corporate governance, as well real estate-related matters. The practice is co-led by Carolina Menichetti (‘strategic lawyer with the ability to find solutions‘) and Benjamín Salas, who joined the partnership in 2019. Key support is provided by senior lawyer Sybil O’Reilly, whose broad corporate practice includes corporate restructuring and M&A; however, former senior Diego Yávar moved in house at Grupo Patio in March 2021.

Practice head(s):

Carolina Menichetti; Benjamín Salas


This practice is very active and committed to the interests of its clients.

Precise and timely work, and always attentive to issues that could cause problems in the future.

A team that works well under pressure, with a speciality in closing deals with complex financing structures and the ability to co-ordinate and work with different law firms and financial advisers.

The teamwork, rigour and commitment to the objectives of the firm stand out.

The main characteristic of the team is its business orientation and understanding of financial and operational challenges.

Great for its unique agility, responsiveness and long-term vision, while always looking at not only the legal but also the economic, strategic and reputational issues.

Carolina Menichetti is a strategic lawyer with the ability to find solutions, so as to be able to close high-risk deals where quick decisions with a business perspective are urgent.

Carolina Menichetti has outstanding business and legal/analytical capacity; she is also a great negotiator and strategic in her vision.

Key clients

LarraínVial Activos

Rentas Patio I

Patio Comercial

Patio Industrial

Grupo Patio

Centros Comerciales I

Inversiones Santa Teresita


Inversiones K

Work highlights

  • Advised Grupo Patio on a memorandum of understanding entered into with Matriz Terra and Inversiones Terra for the purpose of participating in (or acquiring part or all of) the business of VivoCorp.
  • Advising public investment fund Fondo de Inversión LV-Patio II Strip Centers on the acquisition of a package of 25 commercial real estate assets.
  • Advised Patio Industrial, which participated-as shareholder of Estructuras Marfil (EM)- in the acquisition of over 35% of EM’s issued shares.

Eluchans Abogados

Eluchans Abogados can date its origins back to 1914. Today, in addition to its ongoing and day-to-day advice to companies, the 20-strong corporate team regularly advises on company acquisitions, sales, mergers and spin-offs (in both Chile and abroad); it is particularly noted for its assistance to the owners of financial institutions during M&A deals. Ricardo Ihnen and Andrés Correa are corporate and business law experts, and Carlos Ossandón is a business and property law specialist. Notable growth includes the recent elevation to the partnership of Fernando Lathrop ('unique vision'), Guillermo Malatrassi (previously at Parraguez & Marín) and China market expert Tzu-Hsin Shen.

Practice head(s):

Ricardo Ihnen; Carlos Ossandón; Andrés Correa; Tzu-Hsin Shen; Fernando Lathrop; Guillermo Malatrassi


Responsive and agile when required.

They understand the issues of our business and add value for us.

Available people who are concerned about the interests of their clients.

They support clients as if they are part of the operation itself – excellent professional levels, with very fast response times and full knowledge.

They are fast and flexible, and adapt well to change, which suits me.

A very personalised service – they understand our business, accompanying us from the very beginning, and getting involved in such a way that we feel that they are watching over the well-being of the company.

Fernando Lathrop who, despite being young, shows great handling of complex situations.

Fernando Lathrop has a unique vision that is very much in line with our operation.

Key clients


Empresas Indumotora

Viña Concha y Toro

Minera Gold Field Salares Norte

Grupo Diversur

Coresa Perú

Inversiones Valcan

Inversiones Tecnion

Providence Exports

Inmobiliaria Valgardena

Lotus Producciones

American Screw Chile

Envases del Pacífico

Rheem Chilena

Vivo Mobile Communication Co

Work highlights

  • Advising the Association of Metallurgical and Metalworking Industries (ASIMET) on corporate legal matters.
  • Providing Kia Chile with ongoing corporate law advice.
  • Advises Valcan Inversiones on corporate legal matters.

Ried Fabres

The nine-member group at Ried Fabres (which in early 2020 unwound its 2018 merger with Jara Del Favero Abogados) has extensive experience in advising companies on corporate matters, and local and cross-border M&A transactions. In addition to his corporate and M&A practice, Cristián Fabres is the lead partner for the firm’s investment and mutual funds activity; fellow name partner José Miguel Ried began working in corporate law over 20 years ago, when he was in-house counsel at the Santiago Stock Exchange. Senior associate Jaime Hirschberg is also active in corporate matters. Since publication, Hirschberg has been raised to the partnership - effective as of February 2022.

Practice head(s):

Cristián Fabres; José Miguel Ried


The Ried Fabres team is very prepared for complex M&A processes where skill and knowledge count in the business’ favour.

The team provides legal and economic knowledge that support the client’s decisions in the most sensitive way.

Great for complex and highly pressured negotiations.’

Seeks to achieve agreements that focus on the benefit to the client.

Fast and effective work, and they always achieve our objectives in a timely manner.

I would highlight the vision of the partners in generating long-term relationships, as well as the fees which are very affordable considering the amount of work undertaken. Their results are optimal and they create a link between the client and the advice they provide.

We work hand in hand with Cristián Fabres, who is great for his professional training, business vision and strategic scope. His extensive track record in complex cases is also worth recommending.

Senior associate Jaime Hirschberg is very professional and prepared.

Key clients


BCI Group

Empresa de Transporte de Pasajeros Metro

Administrador Financiero de Transantiago


Deutsche Bank (Chile)

Itaú Corpbanca and affiliates


Embotelladora Andina

Small World Financial Services

Grupo Revex

Grupo Phoenix

Ameris Capital


Endurance Investments

Bice Chileconsult Asesorías Financieras

Work highlights

  • Advised major retailer Cencosud on the negotiation of a long-term commercial agreement with Cornershop, a Chilean grocery services start-up, which is controlled by Uber.
  • Assisted Fondo de Inversión BCI Invinsa Rentas Inmobiliarias (Chilean public investment fund managed by BCI Asset Management Administradora General de Fondos) with the acquisition of companies Invinsa Central Bodegas and Inmobiliaria Invinsa Puerta del Mar.
  • Advised Agrospec, one of Chile’s largest agribusinesses, on the sale of its copper phytosanitary products division to Arysta LifeScience Chile.

Villarino e Ilharreborde

Boutique law firm Villarino e Ilharreborde was launched in early 2020 by former Prieto Abogados' lawyers Cristóbal Villarino (complex M&A transactions and corporate advisory work) and Juan Andres Ilharreborde (local and international M&A deals). The four-member group is experienced in M&A involving the energy and technology sectors, while also standing out for automobile dealership-related transactions; it is additionally retained as permanent corporate law adviser to several companies. Senior associate-level support for major M&A deals is provided by Felipe Grez, who was hired in July 2020 upon completion of his LLM at Stanford Law School.

Practice head(s):

Cristóbal Villarino; Juan Andrés Ilharreborde


Very very good, with a lot of focus on the business and closing deals.

Very detailed and focused on negotiating.

The team knows our business and its peculiarities – this has been critical.

Key clients

Inversiones La Construcción

Compañía de Seguros Confuturo

REN- Redes Energéticas Nacionais


Empresa de Transmisión Eléctrica Transemel

Inmobiliaria GSI

Lap Marketplace Chile

Teamcore Solutions

Agile Thought

Compañía de Seguros Vida Cámara


Isapre Consalud



Rentas Tissa

Work highlights

  • Advised Fondo de Inversión Privado GSI I on the sale of Inmobiliaria GSI I to Banchile.
  • Advised Moonvalley Capital on a joint venture with Korkia for the construction and sale of solar energy plant projects.
  • Advised Houm, a Chilean company focused on the property-tech and insurance-tech business segements, on its internationalisation process.

Abdala y Cia

The Chilean partner of the DRT International Law Firm & Alliance, Abdala y Cia‘s ‘very efficient‘ corporate and M&A department provides general corporate assistance on an ongoing basis to over 20 local and international companies. The practice’s clients stem from a range of sectors, including construction, casinos and resorts, manufacturing, transportation, banking, pharmaceuticals, life sciences and telecoms. Founder and managing partner Ricardo Abdala Hirane (‘a brilliant, effective person‘) advises primarily foreign investors on their Chilean interests. Senior associate Andrea Abdala Ready is also noted.

Practice head(s):

Ricardo Abdala Hirane


A very complete team, each one with their specialisations.

Great team that works very well together.

They are very efficient, orderly, fast and solve clients’ issues.

Always willing to collaborate!

Excellent – they put everything into what they do and are always ready to resolve matters – a great team!

They always respond efficiently and effectively to our requirements, as well as seriously and conscientiously, and in accordance with our standards.

Ricardo Abdala HIrane is a brilliant effective person, with multiple ideas and quick in his answers to questions or legal problems.

Key clients

R&Q Ingeniería

Ovalle Casino Resort

Plaza Maule

Jazmine Chebar



French Beauty

Group Cepas (Bacardi)

Vicherat & Pradenas

Transportes Centropuerto

Mundos del Vino


Embajada y Consulado de Argentina

Ufinet Chile

IFX Chile Networks

Work highlights

  • Advising Ovalle Casino Resort on an ongoing basis.
  • Advising Mundos del Vino (on an ongoing basis) on all corporate matters, such as the negotiation and execution of agreements with clients and suppliers, and the revision of terms and conditions for marketing strategies.
  • Advising R&Q Ingeniería on an ongoing basis, including assisting the company’s shareholders with corporate, regulatory and compliance matters.

Contreras Velozo

Although well known for its litigation practice, Contreras Velozo is also regularly sought out by international public entities, multinational corporations, Latin American governments and international organisations for corporate law-related matters; typical work includes advising on contract negotiations, corporate structures and M&A deals. Name partner Óscar Contreras Blanco, whose experience includes leading transactions for financial, aeronautical, pharmaceutical, insurance, technological and natural resources companies, heads the firm’s corporate practice, alongside civil and commercial law expert Alvaro Awad; the pair are also the firm’s civil litigation group co-heads. Since publication, the firm has also further developed its capabilities in the administrative, constitutional and public law segments with the promotion of Óscar Contreras Pomés to the partnership as of January 2022.

Practice head(s):

Óscar Contreras Blanco; Alvaro Awad


Gives us great support in all corporate and M&A issues, to the point that we have outsourced all these issues to the firm.

They have an excellent team of expert lawyers, who are very solid in their knowledge and give us a lot of confidence.

Very committed lawyers, who are always available to answer our questions.

The partners, unlike at other firms, are always available and work directly on our issues.

Key clients

Sanofi-Aventis de Chile

Caterpillar Financial Services

Amaro Family (TEP Chile)

Macquarie Mining

Interamerican Investment Company

Aguas Andinas

Pirazzoli Family

Mercado Libre



Work highlights

  • Advised Amaro Group (TEP Chile) on negotiations with the Cueto Family concerning the division and sale-purchase agreement for Costa Verde Aeronáutica, the holding company of Latam Airlines.
  • Advised three siblings of the Pirazzoli Labarca family on the negotiation and execution of a memorandum of understanding, in order to regulate the holding’s corporate governance rules, its administration and future division.
  • Advised Caterpillar Leasing Operativo on the negotiation and execution of a master agreement for lease operations with mining company Cerro Colorado.

Del Río Izquierdo Abogados

With its key clients in the mining, manufacturing, construction and hotels sectors, Del Río Izquierdo Abogados‘ five-member department is experienced in the incorporation of companies, M&A, split-offs, stock exchanges and financial instruments. It also assists with reorganisations and winding-ups, along with licensing, franchising and distribution agreements. Alejandra Aguad Deik directs the corporate, real estate and compliance practice groups, while labour and real estate law expert Eduardo Izquierdo Bacarreza also has corporate practice experience. Former senior associate Francisco Prat left the firm in 2020.

Practice head(s):

Alejandra Aguad Deik; Eduardo Izquierdo Bacarreza


Complete, hardworking, detailed knowledge of all the legal issues in question – they properly look after the interests of the client and are good negotiators.

Excellent relationships with clients and a very collaborative team – 100% transparent billing.

The responses are on time and adapt to the needs of the client.

A disciplined team that is always at the client’s disposal.

The availability of the entire team makes a difference; they are quick and assertive in delivering their work, and always ready to propose new ideas – a quality service.

All of outstanding professional quality, very willing, and available to do what is requested.

Great for their ability to reach agreements with counterpart lawyers.

Highly regarded negotiation skills.

Key clients

Barrick Gold

Accor Hotels Chile

Tetra Pak De Chile Comercial

Mecalux Chile

Bravo Héroes Chile

TK Elevadores Chile

Tetra Pak De Chile Comercial

Parque Zoológico Buinzoo

Accor Chile

Work highlights

  • Assisted Bravo Héroes Chile (creator of a technology platform and an innovative model for the commercialisation and distribution of brands of several consumer products) with its creation and operation.

Labbé Abogados | Labbé Ovalle Guglielmetti.

Founded in 2008, the corporate law and M&A practice is a core area for Labbé Abogados | Labbé Ovalle Guglielmetti.'s 'clearly focused and attentive' team, which advises companies from a wide range of industries, such as food, mining, construction and energy, among others. Corporate law and M&A specialist Juan Ovalle is the practice's lead M&A partner, while José T Labbé, who was appointed partner in June 2021, maintains a commercial practice that includes advising early-stage entrepreneurs an start-ups. Engineering project expert Mauricio Guglielmetti provides additional partner-level support.

Practice head(s):

Juan Ovalle; Mauricio Guglielmetti; José Labbé


The team is very available and on top of the issues, even on holidays and weekends.

It is clearly focused and attentive in relation to the success of the operation.

Differs through its attitude towards listening to and serving clients – and at the pace imposed by clients.

The partners and associates form a very homogeneous team.

Very open to online meetings with different platforms.

Ability to relate, listen to the client and adapt to our rhythm, as well as the ability to develop alternatives when things get complicated.

Without a doubt they compare very favourably.’

Key clients

Empresas AASA

Flanders Chile

Kipreos Ingenieros



Solvay Peróxidos

Chocolatería Entrelagos

Work highlights

  • Advised Flanders Chile on the acquisition of a subsidiary.
  • Advised Neoelectra on the acquisition of CONADE, which provides services in the energy sector.
  • Assisted Chipax with the negotiation and drafting of an agreement with a major credit card operator in Chile.

Montt Perez-Cotapos Abogados

Launched in mid-2019, boutique firm Montt Perez-Cotapos Abogados has been particularly active, recently, advising major local and foreign clients on M&A transactions in the energy, venture capital and agriculture sector; the corporate and M&A team also assists construction and logistics clients with their day-to-day matters. Sebastián Pérez-Cotapos' experience includes the acquisition and sale of major companies that have assets either locally or abroad; fellow name partner Santiago Montt is an expert in corporate matters, M&A and commercial negotiations.

Practice head(s):

Sebastián Pérez-Cotapos; Santiago Montt


Great for clarity, empathy and dedication.

Careful and methodical.

I believe that the lawyers of Montt Perez-Cotapos have a lot of business vision, as they perfectly interpret the scope we want for our contracts.

They propose novel solutions that all parties like, and do not get involved in the minor legal aspects that usually block negotiations. Compared to other firms we have worked with, they are at a higher level of legal skills and creative solutions, and manage to close contracts and deals in a favourable way for the client.

Generates long-term and trustworthy relationships.

I believe that the personalised attention of the partners is what makes the difference.

The best thing is their ability to go through the process of understanding, analysing and proposing solutions in a short period of time.

Sebastián Pérez-Cotapos and Santiago Montt’s service has been first class; they combine commercial expertise with the technical-legal side, which means all aspects are covered.

Key clients

Trina Solar

Genesis Capital

Oxbridge Capital Partners

Blu Express


Inversiones Las Amapolas

Predictable Media

Masafierro Family


Inmobiliaria Armas

Work highlights

  • Advised Trina Solar on the selling of approximately 1GW of solar assets to global alternative asset manager TPG, which in turn bundled them into a new renewable energy platform (Matrix Renewables).
  • Advised IDOM on its project manager role with Inmobiliaria Las Salinas (a COPEC affiliate), which concerned a major land remediation project.
  • Advised Oxbridge Capital Partners on the launch of its Chilean branch, including regulatory matters.

Ortiz González Luarte Abogados

The six-member team at boutique law firm Ortiz González Luarte Abogados regularly advises international clients on their Chilean business interests; it also has extensive M&A expertise, undertaking share purchases, company acquisitions, and the sale and purchase of asset packages. Other areas of strength include foreign investment, corporate governance and collaboration agreements, such as joint ventures and business alliances. Marcos González Wittig (commercial law, real estate, banking, natural resources and foreign investment) and Jaime Luarte Julio (corporate law/M&A, real estate, construction and engineering, and international trade) co-lead the corporate practice.

Practice head(s):

Marcos González Wittig; Jaime Luarte Julio


Fluid communication with the client, good speed and quality of responses, and knowledge of our field.

Good interpersonal relationships – they know their clients and their needs, and are always attentive to providing the best care.

Jaime Luarte Julio is a prominent name.

Key clients

Banco Itaú Corpbanca

Gourmet Trading

Turner & Townsend

Grúas Desmadryl

Banco Estado

Robert de la Mare

Arauco Group


Parque Eólico Ovejera Sur

Agrícola San Gerardo


EBCO Industrial

EBCO Energía

PSF Darío

PSF Don Humberto

Corporación Chilena de la Madera

Work highlights

  • Advising Banco Itaú Corpbanca (on an ongoing basis) in relation to its clients’ corporation titles and powers of attorney.
  • Advised Gourmet Trading Co on the design of its legal vehicle, as well as corporate restructuring matters.
  • Advised Grúas Desmadryl on the acquisition of real estate, as well as investment contracts.

Ossandón Abogados

The Chilean member of Washington DC-headquartered global legal network SCG LEGAL, Ossandón Abogados fields a seven-member corporate department that has advised family offices and Chilean companies on commercial matters for over 25 years; its sector expertise ranges from real estate, construction, agriculture and warehousing, to mining, waste collection and viticulture. Marko Jürgensen Kroneberg is a corporate, real estate and tax law specialist, while founding partner Roberto Ossandón is a corporate law veteran with some 40 years' experience. Stand out associates Josemaria Romero Evans and Roberto Grant Gajardo were both raised to the partnership in March 2021.

Practice head(s):

Marko Jürgensen Kroneberg; Roberto Ossandón

Key clients

Empresas FPY

Grupo Urbaser Danner Chile

Norsemont Mining

VKR Holding

Taco Bell Chile

Alto Los Nogales (Family Office Montes Lira)

Daily Foods

El Chamisero Inmobiliaria


Bernardo Ossandón Larrain

Work highlights

  • Advised Aresta (Pizza Hut Chile) on the sale of 48 Pizza Hut stores to Telepizza Chile.
  • Advised Norsemont Mining on the purchase of Sociedad Contractual Minera Vilacollo, which owns a gold/silver extraction project (Choquelimpie).
  • Advised Urbaser España on the purchase of 50% of the shares owned by Danner Company in KDM, Starco and Demarco, which are known for residential waste collection and treatment in Chile.

Silva Ibáñez y Cía Ltda

Founded in 2018, corporate boutique firm Silva Ibáñez y Cía Ltda is highly focused on sophisticated cross-border transactions. The team is well known for deals involving Chile's agribusiness sector, but it has also accumulated experience in relation to education, energy and private equity sector matters. The names to note are veteran partner Luis Fernando Silva (general corporate advice to national and foreign clients); Gonzalo Gutierrez (formerly an associate at Paul Hastings LLP's New York corporate group); and Guillermo Bobenrieth, who was made partner in 2019.