Corporate and M&A in Chile

Barros & Errázuriz

Corporate and M&A work is one of Barros & Errázuriz's core practice areas and the team's 'knowledge is not only legal... it also knows a lot about its clients' business'. The group regularly advises on the acquisition of controlling and minority interests, divestitures and corporate restructuring programmes; its lawyers also have vast expertise in the establishment of business structures and associations (including foreign investors setting up operations in Chile), as well as advice on joint venture and shareholder agreements. In addition, the practice regularly works in conjunction with the firm's banking and finance, competition, telecoms, energy and real estate groups on deals. Recent work highlights include acting for Japanese trading and investment conglomerate, Marubeni, on its $300m of Chilean gas distribution business GasValpo; and advising Agrosuper, Chile’s largest agribusiness conglomerate, on the $850m takeover of publicly-listed company Aquachile, the country’s largest salmon producer. In other work, the practice assisted Minera Valparaíso (together with its related entities) on the $502m sale of its majority stake in Puertos y Logística. The team heads are Pablo Guerrero, Bernardo Simian, Carlos Ducci and 'great partnerEmilio Vásquez; founding partner Fernando BarrosCristián Barros, Sergio  Eguiguren are additional names to note, while Vicente Cordero and Lucas Marinovic are experienced senior associates. Other active clients include Southern Cross, Evertec Group, Essbio, Grupo Inder and Colbún.


Highly rated in the market for structuring M&A deals, Carey is 'a full-service firm with well-trained lawyers, who are highly responsive, experienced, connected and practical'. Its expertise includes takeovers through public offerings, minority share purchases, acquisitions of companies or asset packages, private equity transactions, and company and asset purchases during insolvency or reorganisation scenarios. Recent areas of growth for the practice include venture-capital deals, including equity investments and buyouts of local start-ups by foreign companies, while the compliance practice is highly rated for advising on risk prevention and mitigation. The active client list includes MetLife, Danaher, UnitedHealth, Scotiabank, Brookfield and Enel. In a deal involving several jurisdictions (and in a heavily regulated sector), Pablo IacobelliCristián Eyzaguirre and Francisco Guzmán  led advice to pharmaceutical distribution company Cardinal Health its $6.1bn acquisition of Medtronic's medical supply business. Other notable mandates included advising British private equity firm CVC Capital Partners on the local aspects of its $4.7bn acquisition of a 20 per cent stake in Gas Natural Fenosa; and assisting multinational pharmaceutical, chemical and life sciences company Merck with the Chilean aspects of the global 4.2bn sale of its health consumer business to Procter & Gamble. Firm chairman Jorge Carey is 'visionary' and 'a brilliant strategist', managing partner Jaime Carey 'provides excellent support' and Marcos Ríos is the compliance contact. Claudio Lizana,  Salvador Valdés, Francisco Acuña and Guillermo Acuña, along with Jorge UgarteCristián Figueroa and Francisco Ugarte are also all highly regarded, as is Patricia Silberman, who was raised to the parntership in December 2019.

Cariola Díez Pérez-Cotapos

At Cariola Díez Pérez-Cotapos, 'partners and associates from all the firm's practices really do act as a team, something that is very difficult to find nowadays'. The corporate practice covers both domestic and cross-border acquisitions of private and public companies, complex corporate mergers and spin-offs, joint ventures, private equity and venture capital deals, and corporate restructuring transactions. The team recently advised on M&A deals involving sectors such as mining, energy, infrastructure, banking and financial services, insurance and media, while the compliance practice is focused on antitrust, unfair competition and consumer protection laws. Notable clients include Ripley, Enel, Rabobank, Principal Financial Group, Renovalia Energy Chile The Coca-Cola Company and Turner Broadcasting. Recent mandates saw the team advise Legend Holdings' subsidiary Joyvio Group on its $880m acquisition of listed-company Australis Seafoods, and  Canadian holding company ATCO on its $340m acquisition of a 40 per cent stake in Chilean port operation and development company, Neltume Ports. Other highlights included assisting AccorHotels on its $105m purchase (together with Chilean group Algeciras), of Atton Hoteles; and -in a significant bank assurance deal- act for Chubb Seguros on its strategic alliance with Banco de Chile (and its subsidiary Banchile). The firm has a very strong bench that includes José Luis Letelier, Sergio Díez, the recently returned Gerardo Varela, Cristián Herrera and Juan Pablo Matus. Other highly-rated partners are Francisco J Illanes, Carlos Pérez-Cotapos, Gonzalo Grez, Pedro Lluch and Sebastián Obach. Jorge Boldt is the compliance contact. The team was further strengthened in January 2020 with the appointment of the transaction-focused Andrea Saffie, and Tomás Vidal (whose practice centers on corporate and commercial matters), to the partnership.

Claro & Cia.

M&A transactions represents a substantial part of the workload of Claro & Cia.'s practice, which advises on complex acquisition agreements including share and asset deals, cross-border mergers, takeovers and exchange offers of dual-listed companies. It particularly stands out for work involving publicly-listed clients and target companies, and fields lawyers with expertise in tender offers, securities laws and corporate governance. In corporate matters, the team also assists with domestic and international agreements for the purchase and sale of goods, distribution strategies, imports and exports, and supply and engineering, procurement and construction contracts. Recent matters saw team head José María Eyzaguirre B lead advice to Canada’s Nutrien (the world’s largest potash and fertiliser company), on the $5.2bn sale of its 32 per cent shareholding in Chilean public company SQM; and Rodrigo Ochagavía and Felipe Larraín act for The National Association of Professional Football in the $2.1bn sale of sports cable network Canal del Fútbol to Turner Broadcasting System. Cristóbal EyzaguirreMatías de Marchena, José Luis Ambrosy, Ariel Mihovilovic and Juan Leon are all also key team members, while José María Eyzaguirre F is an experienced associate. Other clients include DP World, Euroamérica, AES Gener, Agrosuper, Nutrien, Prudential Financial and Canal del Fútbol.

Philippi Prietocarrizosa Ferrero DU & Uría

Tri-national firm (Chile-Colombia-Peru) Philippi Prietocarrizosa Ferrero DU & Uría 'has a strong M&A department, with a deep bench of partners and associates for transactions'. The Chile-based team is highly rated for contractual and commercial law, M&A, joint ventures and spin-offs, and other significant strategic deals involving sectors such as energy, mining, retail, pharmaceuticals and technology. Significant clients include Mitusbishi Corporation, Quiñenco, Methanex, Salmones Austral, Fox Sport Chile and Grenergy. In recent work, the practice advised Banco Bilbao Vizcaya on the $2.2bn sale of BBVA Chile to Bank of Nova Scotia, including regulatory authorizations from the banking and stock market regulators and the Chilean stock exchange, as well as clearances by Chile's Antitrust Authority and the Canadian banking regulator. Other highlights included assisting EDF and AME with the $300 acquisition (through their joint-venture Generadora Metropolitana) of Sociedad Eléctrica Santiago from AES Gener and Norgener Foreign Investment; and acting for Walmart Chile on both the $150m sale of its financial services and credit card business to Chilean bank BCI and a long-term cooperation agreement for financial retail business development. Carlos Alberto Reyes 'provides best-in-class customer service while working through complex transactions, and his ability to provide solutions during negotiations are crucial'. The other key figures are Juan Pablo Wilhelmy, Juan Francisco Gutiérrez, Federico Grebe, Andrés Sanfuentes and Alberto Pulido ADiego Bunster and Fernanda Echavarría are notable associates.

Baker McKenzie Chile

Baker McKenzie Chile has longstanding experience in advising on regional and multinational cross-border deals in Chile, including M&A, joint ventures and other commercial transactions; additional areas of strength are corporate reorganisations, liquidations, joint ventures, privatisations, commercial contracts, and corporate governance. In private equity, the practice assists with deal structuring, regulatory advice and fund organisation. Notable clients include Renewable Resources Group (RRG), FIMBank and Hitachi; and recent highlighyd included assisting California-based asset management firm RRGwith transactions and investments across a variety of industries in Chile, including the acquisition of several photovoltaic (PV) solar development projects and the purchase of an agricultural farm. León Larrain, Jaime Munro and Fernando Castro co-lead the 13-strong practice group; Diego Ferrada is also a principal adviser, while Jorge Álvarez is a highly regarded associate.

Bofill, Mir & Álvarez Jana

Bofill, Mir & Álvarez Jana's 21-strong practice group has broad experience in corporate matters, from M&A, capital markets and banking and finance, to project development and real estate; it is paticularly well known for structuring complex M&A-related corporate governance mechanisms. Recent mandates incuded acting for private equity firm Patria Investment on its $35m acquisition of a Chilean gym chain, undertaken in partnership with a Brazilian gym chain's controlling shareholders and involving the due diligence of 15 Chilean companies, tax planning and coordination with Brazilian lawyers. Alejandro Álvarez and Octavio Bofill co-head the corporate practice; also highly rated are Ana María Yuri, José Antonio Velasco and Rodrigo Saffirio. Clients include Nutrien, CCU Inversiones, Alef Biotechnology and Bayer.

CMS Carey & Allende

CMS Carey & Allende 'stands out for M&A transactions where the combination of commercial and corporate skills with specific knowledge of industry regulation is required'. The 22- strong practice has extensive experience in corporate and commercial law and is particularly active in M&A deals that involve clients from the finance, energy, infrastructure, real estate and construction industries, as well as the telecoms and hotel/leisure sectors. Headline mandates saw the team advise salmon farmer Empresas AquaChile (EA) firstly on the $259 acquisition of Salmones Magallanes, and subsequently on the $1bn sale of a majority stake in EA to Chilean food giant, Agrosuper. It also assisted CTIT, an international provider of professional services to global insurance market clients, with the acquisition of insurance-focused technology consultancy and software provider, Inworx.  Ramón Valdivieso and Jorge Allende D (who 'provides clear, practical advice') are the practice co-heads; other key advisers include the 'highly experiencedLuis Felipe Arze, Jorge Allende ZFernando De Cárcer and Diego RodríguezIgnacio Errazquin is a key senior associate. Clients include  Madesal, Sun Dreams and Ardian.

DLA Piper Chile

In 2018, BAZ|DLA Piper and NLD (Noguera Larraín & Dulanto) merged under the name DLA Piper BAZ|NLD; the firm is now known as DLA Piper (Chile). The practice, which 'really understands its clients', has a strong team for M&A deals, including due diligence matters; it is also noted for its particular experience in venture capital, corporate governance and compliance matters. Headline work saw practice co-head Matías Zegers lead the team advising Cornershop on the $225m sale of its operating companies in Chile to Walmart, including the antitrust aspects. His fellow practice head, Paulo Larrain, advised Zurich Group on the $137m acquisition of EuroAmerica Administradora de Fondos and the portfolio of individual and life insurance of Euroamerica Seguros de Vida. Other key advisers include José Pablo Dulanto and Marco Salgado (who 'really goes the extra mile for his clients'); Mauricio Halpern, who made partner in January 2020 (and is also a practice contact for compliance and investigations matters); and counsel Manola Quiroz. Senior associates Diego Peña and Jorge Timmermann  are also notable team members. José Ureta left to move in-house. Clients include L’Oréal, Zurich Group, Codelco, Infosys and Victoria Capital Partners.

Guerrero Olivos

Guerrero Olivos' 'super-efficient, top-quality team is a real pleasure to work with'. the 34-strong practice group is highly regarded for M&A, corporate restructuring, corporate governance and private equity and venture capital advice. Notable clients include Citic Bank International, Qanta Services, Amazon, Facebook and Telefónica Group. Reflecting increased Chinese outbound-investment into Latin America, the practice recently advised China Southern Power Grid (in conjunction with a London-headquartered global law firm) on the $1.3bn acquisition of Canadian private equity investor Brookfield’s 27.8 per cent stake in Chilean transmission company Transelec. In other matters, the practice assisted Falabella, the largest retail company in Chile, and local energy distribution and transmission company CGE, with their respective corporate reorganisations. Pedro Lyon 'not only gives good advice and strategy, he also has a hands-on approach to finding the best solution'. Other highly rated advisers are Juan Enrique AllardJorge Delpiano, Roberto Guerrero VPedro Pellegrini and Macarena Ravinet. The team was strengthened further in January 2020 with the appointment of experienced senior associates Tomás Kubick (consumer matters, competition and corporate), and Josefina Yávar (venture capital, corporate and M&A) as partners.

Morales & Besa

Morales & Besa 'takes the time to explain things in detail to its clients'. The 28-strong practice has significant cross-border transactional experience and is particularly noted for the sale of state-owned enterprises and handing concession award bids to operate state-controlled activities; it also regularly assists with significant corporate governance matters, strategic associations and corporate restructuring, as well as the design and implementation of compliance programmes, anti-corruption policies and self-regulation. Recent mandates saw the team act for the shareholders of Aguas Chañar on the company's $100m sale to Marubeni and Toesca Asset Management; advise two SMU subsidiaries on the $76m sale of Construmart to Private Investment Fund Hammer; and assist AAS and Acciona Aeropuertos on the acquisition of Latam Airlines Group's ground handling business at Santiago’s International Airport. Founding partners Guillermo Morales and Eugenio Besa co-head the team; Macarena LasoCarlos Silva, Michel Diban, Matías Langevin and Álvaro Barriga are also experienced partners. An excellent professional', Edmundo Varas was promoted to partner; and Lorena Barrientos became the firm's first-ever counsel. Associate María Teresa Manubens B is also noted. Clients include Cencosud, Bank of America Merrill Lynch, Acciona Airport Services (AAS), Globalvía and The Carlyle Group.

Prieto Abogados

Prieto Abogados' 'flexible practice' covers complex cross-border deals, private equity transactions and joint ventures; recent deals involved the energy, banking, insurance and pensions sectors. The 30-strong group is also experienced in transactions involving the retail sector and food and wine industries. Active clients of the department include Inversiones La Construcción (ILC), Engie Energía Chile, Altis Principal Investments and HDI Seguros. In recent matters, the team was counsel to ILC, which operates in the Chilean and Peruvian finance and healthcare sectors, on its $49m purchase of a stake in Chile's Banco International and Factoring Baninter (the team also provides ongoing compliance advice to ILC). Juan Tagle and Fernando Bravo head up the practice, while José Andrés Pascual Moreno leads on compliance work. Also key to the group are Cristóbal Villarino, Gerardo CruzatPatricio Prieto L, senior associate Andrés Laymuns and associate Juan Andres IlharrebordeJaime Ríos  left to establish Ríos & Llaneza.

Arteaga Gorziglia & Cia Abogados

The 17-strong team at Arteaga Gorziglia & Cia Abogados is highly regarded for its expertise in complex, cross border M&A, primarily in the infrastructure, energy and retail sectors; the firm has also recently developed expertise in transactions involving digital companies. Headline matters included advising standing client Walmart on both the $630m sale of its financial business to Banco de Crédito e Inversiones and its $225m regional acquisition of online retail startup company, Cornershop. Name partners Ignacio Arteaga E  and Arnaldo Gorziglia C co-lead the corporate practice; Luciano Cruz has a broad corporate practice and is an energy M&A specialist. Clients include AES Gener, Grupo Costanera, Parque Arauco and Goldman Sachs.

Garrigues Chile

Garrigues Chile's November 2018 hire of Jaime de Larraechea from Cruzat, Vicuña de Larraechea is a notable boost to its financial and corporate practices. The 20-strong group advises on domestic and cross-border M&A, corporate reorganisations and joint-venture transactions; it is also highly regarded for advising on the acquisition of energy and mining companies and assets, and venture capital and startup investments. Recent headline transactional work saw real estate partner José Miguel Rioseco team up with practice head Luis Felipe Merino to advise asset manager Capital Advisors (and associated parties) on the $365m sale of Atton Hoteles and ManCo to AccorHotels and Algeciras. Merino also led advice to Ameris Capital on its $110m acquisition of a 49% stake in retail subsidiary Arauco Centros Comerciales Regionales. Other key practice partners include Luis Eduardo Correa, Rodrigo Fernández and former principal associate Cristobal Fainé, who was made partner in October 2019. Senior associates Carlos Arias, Hellen Brockway and Florencia Thorkelsen provide a strong second line. Other clients include Capital Advisors Equity Investments, Domusvi-Geriavi, Gtd Grupo Teleductos, Arroyo Energy and Enel.

Larrain y Asociados Abogados

The 13-strong team at Larrain y Asociados Abogados regularly advises on M&A, asset purchases and sales, financing and restructuring. The team also has notable expertise in the construction, infrastructure and energy and natural resources sectors. One recent headline mandate saw practice co-heads Arturo Bulnes and Jorge Granic act for Cobre Pucobre on its $795m reverse merger into parent company Pacífico. Other highlights include of counsel M&A specialist Ricardo Peña's advice to WCP (the shareholders of gas distribution company Gas Valpo) on the $300m sale of said company to Japanese trading and investment conglomerate Marubeni and two infrastructure funds. Other key department members include the business-law focused Juan Carlos Bulnes and commercial, corporate and transactional practitioner, Cristóbal Morandé; both are highly regarded. Notable clients include Duqueco, LG Interenational Antofagasta Minerals, Hormigones Bicentenario and Anpac.

Urenda, Rencoret, Orrego y Dörr

Urenda, Rencoret, Orrego y Dörr is well-known for advising on M&A transactions, shareholder agreements, joint ventures and corporate restructuring, as well as handling compliance matters such as internal corporate policies and reviews. The sizeable practice group -27-strong, including 12 partners- advises clients such as Lafarge Holcim, Minera Escondida, Sony, Eli Lilly and Invercap. Recent highlights include assisting Soquimich (SQM) on the $4.06bn acquisition by Tianqi Lithium Corp of the 23.77 per cent stake in SQM held by Canada's Nutrien. Other matters included acting for Gerdau on the $154m sale of its Chilean operations; DuPont on the Chilean aspects of its $130bn global merger with Dow Chemical; and BHP on the divestment of its Cerro Colorado mining operation. Experienced figures Gonzalo Rencoret, Nicholas Mocarquer, Sergio Orrego and Rodrigo de Alencar. co-head the practice; younger partner Felipe Rencoret is an additional name to note. Strong support comes from senior associates Rafael Rencoret, Raul Gómez  and Bernardita Schmidt.

Albagli Zaliasnik

Albagli Zaliasnik 'has a good team of lawyers that handle matters in a professional way'. The practice is experienced in assisting domestic and foreign clients with M&A, particularly in the food and beverage industry. Its advice includes negotiations, financing, taxation and corporate structures, and it fields experts in private equity and venture capital markets in Chile. Compliance services are offered through AZ Compliance. Recent matters saw the team advise Chilean technology-solutions distributor Vigatec, on its acquisition of Videojet Technologies' local operations. Rodrigo Albagli and Álvaro Rosenblut head up the practice; senior associates Arie Misraji and Jonathan Arendt are also noted. Clients include Ormat Technologies, Banco do Brasil, LG Electronics and Unifood.

Aninat Abogados

Aninat Abogados s 'team always does its best to solve legal and commercial problems, and it will always listen to  counterparties' differing views'. It has extensive M&A experience and fields lawyers with particular sector expertise in advertising and media law, agriculture, and energy infrastructure; the firm also has a large private equity and venture capital practice. Recent mandates include assisting Red Eléctrica Chile with its approximately $117m acquisition of Centinela Transmisión from Minera Centinela. The 'very pragmaticLuis Alberto Aninat and Juan Pablo Schwencke head a team of which practice director Francisco Prado is also a key member. However, Pablo Undurraga exited in June 2019 to co-found Atkinson Costabal Undurraga & Achurra Abogados. Clients include Austral Capital, Balfour Beatty, Citröen Chile and Verfrut.

Grasty Quintana Majlis & Cia.

Grasty Quintana Majlis & Cia. 'takes care to understand all the issues before delivering advice'. With a track record of deal expertise in sectors including agriculture, mining, finance, retail, technology and venture capital, the practice is experienced in joint ventures, mergers, corporate reorganisations and acquisitions. Clients include Clairvest Group, Ericsson Chile, Nike and Bridgestone Chile; and recent matters include assisting Kapin Capital Fund with the acquisition of a 34 per cent stake in MbM Group. Juan Turner 'has deep knowledge, not just of corporate and commercial matters, but also of the Chilean market overall'.  Franco Acchiardo and Hugo Prieto , along with senior partners Arturo Majlis and Michael Grasty are also experienced advisers.

Honorato | Delaveau

Honorato Delaveau is 'always available and very proactive'. The practice  is primarily focused on advising significant mid-market corporations and has been particularly active on behalf of domestic and foreign private equity funds acquiring distressed Chilean assets as well as businesses with a Peru or Colombia presence or expansion potential. Work highlights include advising Canadian renewable energy company Innergex with the $120m acquisition of a 50 per cent stake in Chilean energy generation company Energía Llaima; and both companies on their $230m purchase of energy-generation holding company Duqueco. Experienced partners José Luis HonoratoGonzalo Delaveau and Sebastian Delpiano, along with senior associate Nicolás Garcia, are the key team members. The practice group was further strengthened with the 2018 hires of compliance specialist and former Moneda Asset Management GC, Carlos Frias, as of counsel; and Roberto Olivos, formerly in-house at Banco Santander Chile, as senior associate. Clients include Moreau Industries, Credicorp, Liberty Compañía de Seguros Generales, Herencia Resources and Lexington Partners. Since publication the firm has moved to consolidate its compliance capabilities with the January 2020 incorporation of Rebeca Zamora, formerly of Morales & Besa, who specialises in white-collar litigation and economic crime, anti-corruption, fraud and AML.

Jara Del Favero Abogados

Jara del Favero Abogados and Ried Fabres merged in 2018 to become Jara Del Favero & Ried Fabres; the now sizeable 22-strong practice has extensive experience advising companies on corporate matters and M&A transactions. Notable clients include General Electric, Antofagasta Minerals Group, AstraZeneca, Monsanto Chile, Deutsche Bank and Itaú Corpbanca; headline mandates included advising Pfizer Chile on the local aspects of the company's $900m sale of Hospira Infusion Systems to California-based ICU Medical. The key contacts are Álvaro CaviedesCristián FabresSven Herlin, Felipe OvalleManuel Jiménez and José Miguel Ried.

Alessandri & Compañía Abogados

Alessandri & Compañía Abogados' corporate practice covers transactional matters, -including contract negotiations, tax issues and specialised environmental due diligence- and has considerable experience in sectors such as financial services, construction, mining, fisheries, telecoms, pharmaceuticals, and food and beverages. Recent key mandates include advising Indigo Partners on the $430m launch of ultra low-cost airline, JetSmart. Experienced department heads Arturo Alessandri C, Fernando Jamarne and Felipe Cousiño are all noted; as is capable senior associate Nicole Cartier. Active clients include Moody's, Knauf, Alterna Capital Partners and Price Forbes.

Allende Bascuñán & Cía

Allende Bascuñán & Cía's 'very professional practice puts clients' needs first'. The practice regularly advises on M&A, corporate reorganisations and liquidations, shareholder agreements, compliance matters, joint ventures, and commercial, construction and aviation contracts. In one recent mandate, the team advised Peruvian Airlines on obtaining permission to operate in Chile. Felipe Allende and José Luis Ibáñez  are highly regarded. Clients include Atlas Air, Federal Express and Ingeniería y Construcción Mas Errázuriz.

Araya & Cía. Abogados

Araya & Cía. Abogados is best known for its agriculture sector and international trade expertise, as reflected in a client list that includes Cabilfrut, Regatta Tropicals, Fair Trade International and Verfrut, among others. Recent mandates incude advising Gold Anda Chile with the sale of company shares and local contractual matters. Matías Araya is the experienced managing partner; international trade department head Sebastián Norris was promoted to partner.

Aylwin Mendoza Luksic

Aylwin Mendoza Luksic's 'lawyers are highly committed'. The practice has deal experience in the mining and energy sectors, in particular; it also assists with corporate governance matters. 'Outstanding individual' Pedro Aylwin and Alvaro Mendoza are the names to note. Clients include GeoPark, MC-Bauchemie and RedBus Urbano.

Baraona Fischer & Cía

'Always available', Baraona Fischer & Cía 'has deep knowledge of the market and the law'. The steadily growing practice assists clients with their ongoing business activities as well as transactional matters; it also covers commercial contracts, related labour law matters and compliance issues. Recent work saw the team advise an investment fund AD Capital Tralka on its $78m acquisition of 10 photovoltaic solar plants. Juan Pablo Baraona leads the team; other notable advisers are Raúl Marshall, Cristóbal Herrera and Federico Rodríguez. In a significant boost to the practice, Alfonso Ugarte joined from Moneda Asset Management. Former name partner Max Spiess left for Elton & Cía.

Barros Silva Varela & Vigil

Barros Silva Varela & Vigil is focused on M&A work involving non-banking financial institutions, private equity and investment funds. Key clients include  Chilean Rent A Car, Technosteel and Atlantica Yield; recent work included advising the latter yieldco company with its $6m acquistion (through its Chilean subsidiary, Palmucho) of the Duqueco-Pangue  electricity transmission line from Gas Atacama. The names to note are Jorge Vigil and Fernando Barros.

BBGS Abogados (Chile)

The local office of a young regional firm, BBGS Abogados (Chile)'s 'quality of legal advice matches the firm's top-of-the line customer service'. The practice has a particular focus on advising clients from the  aviation and energy industries; key clients include Lipigas, Avianca, Siemens, SKY Airline and China Aircraft Leasing Group Holdings. The team recently acted as local counsel to global infrastructure investment-focused private equity firm I-Squared Capital on the Chilean aspects of its acquisition of Duke Energy’s Latin American operations. Team head Claudio CamposJosé Miguel Bambach and Patricio Reyes are the main advisers.

Coeymans, Edwards, Poblete & Dittborn

The team at Coeymans, Edwards, Poblete & Dittborn focuses predominantly on M&A, asset purchases, partnership agreements, joint ventures, corporate governance, real estate investments and energy projects. Its client list includes Frontal Trust, Amplo Asset Management and IFB Inversiones; recent mandates saw the team advise the local partners of Spectrum on the sale of their stakes in the company to Canopy Growth. Name partners Tomás Poblete and Alejandro Edwards are the key advisors, along with senior associates Francisco Ducci and Diego Iglesias.

Contreras Velozo

Contreras Velozo has industry expertise in international finance, mining equipment leasing and pharmaceuticals. Oscar Contreras heads the corporate practice and recent activity includes advising Mercado Libre on the merger of its Chilean subsidiaries. Clients include Sanofi-Aventis de Chile, Caterpillar Financial Services and Macquarie Mining.

Del Río Izquierdo Abogados

Del Río Izquierdo works primarily with clients from the mining, packaging, aviation, and hospitality, real estate and construction sectors. Notable clients include Barrick Gold, JetSmart and Accor Hotels; the team recently assisted the latter with theChilean aspects of Accor Group's global restructuring. Humberto Del Río Herane and Alejandra Aguad Deik are the main contacts.

Deloitte Legal Chile

Deloitte Legal Chile is experienced in both M&A acquisitions and sales, and the corporate legal team regularly works alongside the firm's environmental and labour practices on deals; the firm's associated business unit, Deloitte Forensic, advises on regulatory compliance matters, business intelligence, third-party due diligence, corporate fraud investigations and risk assessments. Recent activity includes assisting a European solar energy producer on the acquisition of a solar power plant. Ignacio Concha heads the corporate practice and senior manager Ruby Soteras is another corporate law contact. For compliance work, senior manager Pedro Trevisan and manager Paloma Morales are noted.


FerradaNehme 'provides high-quality legal services and is solutions-oriented'. Name-partner Rodrigo Ferrada and corporate practice director Mario Valderrama are the team's principal contacts, while recently promoted partner Rafael Collado heads the compliance practice. The group advised French event organiser GL on its acquisition of Chilean competitor FISA. Other active clients include Senvion, Fitch Ratings, Capstone Mining and Acciona Industrial.

Frías, Lagos, Maira & Vial Abogados

Frias & Maira became Frías, Lagos, Maira & Vial Abogados in 2018 when it hired two new partners, including corporate department head Rodrigo Vial, a former Cariola Díez Pérez-Cotapos senior associate. Vial is highly regarded for corporate governance, M&A, contract drafting and negotiations. Recent mandates include assisting Grupo Avla with its corporate reorganisation. Clients include Cosmética Nacional, Chile Bollen, Hemisur and Trafo Energy.

Letelier & Núñez Abogados

Letelier & Núñez Abogados advises high-profile Chilean companies on both major transactions and day-to-day matters, including assistance with securities, antitrust, insurance, corporate governance, financing and infrastructure projects. Recent mandates include advising Colbún, Chile’s second-largest power generation company, on the acquisition of a PV project's assets. Max Letelier and David Núñez  lead the team with key support coming from senior associates Constanza Silberberg  and Florencia Donoso . Other clients include CMPC, Volcán, El Mercurio and Wintershall Chile.

Magliona Abogados

Magliona Abogados, formerly known as García Magliona y Cía Abogados, has deal experience involving the technology, food, apparel, construction, health products and biotechnology sectors. Recent work includes assisting SkyNav with several matters, including corporate restructuring and joint ventures. Practice co-heads Claudio Magliona, Giovanni Donati and Juan Pablo Montiel are the key contacts. Clients include Comscore, Aggreko, and Medecell.

Marinovic & Alcalde Abogados

Marinovic & Asociados 'gets to know its clients' business'. The firm is particularly focused on corporate and real estate law, natural resources, projects and sports law. Active clients include Grupo Magal, Rubis Energie, Fynpal and Easy Taxi; and recent matters include assisting Grupo Moncuri with real estate and energy projects, including the development of a solar plant. Martín Vilajuana de la Cuadra, who 'provides a great service', and Alberto Polette Zaldívar are the key names; associate Tomás Polette Zaldívar was hired from CMS Carey & Allende.

MB Abogados

Initially established to advise real estate clients, 'excellent firm' MB Abogados  has broadened both its service offering and its client portfolio, and now attends clients across the retail, healthcare, investment fund, hospitality, and food and beverage sectors. Recent work saw the team advise regular client Grupo Patio on its entry into the Peruvian real estate market through a joint association with Algeciras Group. Carolina Menichetti and Ignacio Bolelli are the principal contacts.