Firm Profile > Garrigues Chile > Santiago, Chile

Garrigues Chile
ISIDORA GOYENECHEA 3477
PISO 14,LAS CONDES
SANTIAGO
Chile

Banking and finance Tier 2

The 'exceptional' 12-member banking and finance team at Garrigues Chile is regularly sought out for major deals involving the acquisition of financial assets and acquisition, mezzanine and project financing, along with corporate lending and restructuring. Chilean and international clients operating or investing in Chile also benefit from the firm's international platform. 'Highly prepared' department head Pedro García is a specialist in corporate loans, project and structured finance, debt restructuring and regulatory matters; and Jaime de Larraechea has approximately 20 years' finance experience. Former principal associate Antonio Morales (debt restructuring and project finance) was made partner in January 2021, and senior associate Federico Espinosa, along with 'excellent' associate María Francisca Correa, are also key team members. However, Francisca Ferrer moved in house at Prime Energía in May 2021.

Practice head(s):

Pedro García

Testimonials

A highly qualified team with outstanding knowledge of local and international laws and finance operations.

Strong ties and contacts with international firms, banks and other institutions.

Good relationships with local firms, which facilitate the achievement of objectives during each operation.

An exceptional team with a lot of industry knowledge – it really is a pleasure to work with them.

During the transaction they demonstrated wide and deep knowledge of the different topics discussed – one of the best teams in this area and its lawyers are very prepared.

Always attentive to answering questions both from me and the other parties involved in the transaction.

Pedro García is a highly prepared lawyer; he always bring important and timely contributions to the table that contain innovative proposals.

Associate María Francisca Correa is an excellent lawyer, who is clear, knowledgeable and able to resolve issues.

Key clients

AMP

Arroyo

Banco BICE

Banco BTG Pactual Chile

Banco de Chile

Banco del Estado de Chile

Banco del Estado de Chile

Banco Santander

Banco Santander-Chile

Banco Security

BCI

BNP

Central Bank of Chile

Credit Agricole

Empresa Nacional del Petróleo

GTD

JP Morgan

Mizuho

MUFG

Natixis

Scania

Scotiabank Chile

SMBC

Société Generale

Capital markets Tier 2

Garrigues Chile houses a 12-member team that is dedicated to finance law and capital markets, and frequently involved in significant bond issuances in Chile, as well as international debt placements by Chilean companies. It was also recently active in assisting bondholders with high-profile restructurings. Department head Pedro García's practice ranges from debt securities (internationally and locally) to equity, liability management, debt restructuring, derivatives and regulatory matters. Also integral to the practice group are investment funds leader José Miguel Rioseco (over 20 years' capital markets experience); and Jaime de Larraechea, who has expertise in new technologies for the capital markets. At non-partner level, senior associate Daniel Hernández is active in debt securities and liability management transactions, while Maria Fernanda Jara is 'an outstanding associate'.

Practice head(s):

Pedro García

Other key lawyers:

associate Maria Fernanda Jara

Testimonials

Compares very favourably to other firms, with a thorough knowledge of the procedures and rules.

They differ in their attention to detail; they are efficient and always ready to serve the client.

A lot of experience and mastery of the topics on which they advise.

Very good command of stock market issues and good availability.

A lot of proactivity when working, which saves time and the need for follow-ups.’

Pedro García is an outstanding partner.

Maria Fernanda Jara is an outstanding associate.

Maria Fernanda Jara has managed to carry out particularly difficult and challenging transactions with excellent results.

Key clients

A3 Property Investments

Allianz

Banco de Chile

Banco del Estado de Chile

Banco Santander-Chile

BNP

La Araucana

Colbún

Empresa Nacional del Petróleo

Falabella

Global Soluciones Financieras

Goldman Sachs

Grupo Empresas Navieras

Inversiones Punta Blanca

JP Morgan

Nexus Chile Health

Norte Grande

Nitratos de Chile

Sociedad de Inversiones Oro Blanco

Potasios de Chile

Sociedad de Inversiones Pampa Calichera

Santander Consumer Finance

Scotia Securities

Scotiabank Chile

Sigdo Koppers

Sociedad Concesionaria Ruta Del Algarrobo

Sociedad Concesionaria Rutas del Desierto

Sura

Tax Tier 2

Fielding a 'unique' and 'up-to-date' tax practice, Garrigues Chile's eight-member group is led by 'tax connoisseur' Oscar Ferrari, who has extensive experience in corporate tax and tax litigation. The department regularly works alongside its corporate, banking, finance and projects colleagues on the creation of effective tax structures for complex deals; it is also experienced in tax litigation, and can boast real estate tax and private client expertise. The team has grown significantly through the recruitment of counsel Sebastián Ferrer del Valle, who joined from accountancy firm Crowe Chile in early 2020 with associate Francisca Gómez Lagos; at senior associate level, María Jesús Hidalgo Larraín was hired from Philippi Prietocarrizosa Ferrero DU & Uría in 2019, while tax litigator Juan Pablo Obaid returned in March 2021 after a short stint at the New York office of global professional services firm Alvarez & Marsal.

Practice head(s):

Oscar Ferrari

Testimonials

They have strong technical tax skills, in addition to keeping up to date with the continuous changes that occur in this area.

What makes this practice unique is its knowledge of Chilean tax law and the ease with which they transmit it to clients.

What sets Garrigues apart is its global vision of the law, and the ability to provide advice on complex corporate restructuring work.

The plus is the tax knowledge of its lawyers and the ability they have to bring that knowledge to the execution of a transaction.

Oscar Ferrari is an excellent lawyer and a tax expert, but with knowledge of other areas of law, as well as being a business person.

Oscar Ferrari is undoubtedly one of the best lawyers around for Chilean tax law, after having worked with different law firms in Chile for several years; his knowledge is valued, as is his advisory capacity. A national benchmark – he is not just a great tax expert, but a person with a business outlook.

We are very grateful to the firm, where we must undoubtedly highlight Oscar Ferrari – a great lawyer and tax connoisseur. He undoubtedly makes Garrigues differentiate itself from other firms, and his willingness to carry out complex tax tasks within tight timescales is a big plus for clients.

Of counsel Sebastián Ferrer del Valle delivers concise and precise explanations of the subject matter, has real knowledge about tax implications, and a very good command of English.

Key clients

Scania

Morgan Stanley

Santander

JP Morgan

Fidelidade Seguros

Corporate and M&A Tier 3

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

Testimonials

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.

Dispute resolution: arbitration Tier 3

Garrigues Chile's 'very strategic' five-member team has been particularly active, recently, with regards to corporate conflicts and construction and real estate disputes, as well as consumer-related class actions, and insurance, tax and administrative litigation. Leading the practice, Mónica van der Schraft ('extensive participation in arbitration activities' and the first female Chilean arbitrator to be appointed president of an ICC arbitral panel) focuses on complex arbitration and litigation proceedings. Key support comes from principal associate Cristóbal Sarralde, who demonstrates 'dedication to arbitration cases' and has experience in both domestic and international proceedings; and senior associate José Joaquín Verdugo, who assists with a variety of ordinary, summary, collection and ad-hoc proceedings.

Practice head(s):

Mónica van der Schraft

Testimonials

A very competent team, with a lot of attention to detail and very strategic.’

The quality of work of this team is comparable to that of other top-level law firms in Chile.

The team stands out for its commitment, as well as its direct and deep involvement in cases, which leads to a complete understanding of the case’s context.

Mónica van der Schraft is a very competent lawyer and a great litigator, with extensive participation in arbitration activities – I have the best impression of her and her leadership.

Mónica van der Schraft stood out for her strategy and commitment to clients in every sense, even attending board meetings to explain progress and results.

Principal associate Cristóbal Sarralde is very competent, very strategic, knowledgeable about the details of the case, and skilled at administering the evidence.

Cristóbal Sarralde is great for constant communication with the client, detailed explanation of all issues, proposing solutions, and his dedication to arbitration cases.

Senior associate José Joaquín Verdugo stood out for his tireless commitment, analytical capacity and tenacity, and the evidence was constructed and generated in the best possible way.

Projects and infrastructure Tier 3

Housing a 10-member team, Garrigues Chile's projects expertise ranges from development issues to bidding, financing, contracts and regulatory matters. The 'solid and highly knowledgeable' department is headed up by Pedro García, a specialist in project finance, regulatory work and bidding processes, while public law head Claudio Moraga (construction contracts, regulatory issues, litigation and bidding) is also a key department member. Further support is provided by energy project finance expert Antonio Morales, who was made partner in January 2021; and senior associates Francisco Irarrázaval (energy specialist), Francisca Ferrer (project finance) and Federico Espinosa, who recently returned from an internship in Milbank's New York project finance department.

Practice head(s):

Pedro García; Claudio Moraga

Testimonials

When it comes to projects and infrastructure, the Garrigues team of lawyers is solid and highly knowledgeable.

They show that being an international office is an advantage when dealing with international counterparts – they make great contributions and have a lot of specific experience in this area.

Garrigues’ preparation of written material for the evaluation of tenders is excellent.

Great ability to process large volumes of information in relatively short times; in the case of large tenders, this is an enormously valuable asset.

An excellent team with great commitment.

Garrigues’ work is exceptional in this area, with their knowledge of contracts and financing structures at a very high level.

Claudio Moraga is a lawyer who does an excellent job as team leader.

Pedro García is a team leader and professional with extensive knowledge; he is both thoughtful and creative in the search for solutions.

Key clients

Allianz

AMP

Arroyo Energy Partners

Banco Santander-Chile

Cintra-Ferrovial

Credit Agricole

Intervial

Mizuho

Natixis

Scania

SMBC

Scotiabank

Sociedad Concesionaria Runa Nahuelbuta

Sociedad Concesionaria Ruta del Algarrobo

Sociedad Concesionaria Rutas del Desierto

Sociedad Concesionaria Teleférico Bicentenario

Real estate Tier 3

The six-member multidisciplinary department at Garrigues Chile, which 'outperforms other firms with its exceptional care', has broad experience in high-profile office, residential, commercial and hotel projects; and clients benefit from full-cycle support during the development of their projects, from financing, tax structuring, regulatory analysis and compliance issues, to acquisitions, sales, construction matters, and leasing. With over 20 years' experience in real estate (including finance and development), team leader José Miguel Rioseco advises on the residential, office, shopping mall, ports, and tourism and hotels sectors; Luis Eduardo Correa ('great negotiation abilities') assists with real estate and corporate and M&A work; and senior associate María Cecilia Morandé's practice includes acquisitions of real estate projects and developments, and real estate regulatory matters.

Practice head(s):

José Miguel Rioseco

Testimonials

Excellent involvement and a lot of market knowledge – committed to clients.

They get involved in each issue personally and give valuable opinions (even on more commercial issues), constantly monitoring each situation.

Magnificent collaboration with clients, understanding their needs at all times, and with the ability to negotiate on their behalf with total reliability.

Great knowledge of the applicable legislation, and the solutions produced by Garrigues have allowed us to streamline operations and reduce costs.

Excellent team work; even with its offices abroad, the lawyers work in perfect co-ordination. Garrigues is involved in the issues from the beginning and makes all its resources available to the client so as to resolve the issue in question favourably – the team outperforms other firms with its exceptional care.

José Miguel Rioseco stands out – technically very good, as well as very commercial.

Luis Eduardo Correa has admirable emotional intelligence and facilitates negotiation processes; in addition, he is flexible and optimistic. Without a doubt, Luis Eduardo is the best attorney that I have found for such qualities.

Luis Eduardo Correa totally identifies with the client’s objectives and has great negotiation abilities, even with very difficult counterparts.

Key clients

Inversiones Nyar II

Inmobiliaria JY

Sura Investment Management

Credit Suisse Asset Management

Inmobiliaria Vistamar

Inmobiliaria Ruiz

Patio Comercial

San Antonio Terminal Internacional

Universidad de Concepción

Inversiones Inmobiliarias Los Conquistadores

Dispute resolution: litigation Tier 4

Garrigues Chile's caseload covers a wide variety of disputes, with the 'specialised' five-strong team recently involved in significant corporate conflicts, construction and real estate litigation, and consumer protection class actions, along with insurance disputes, tax matters and administrative litigation. With approximately 30 years' experience in dispute resolution, the practice is led by the 'great' Mónica van der Schraft, whose experience includes representing clients in disputes involving mining, construction, insurance, antitrust and corporate-related issues. Principal associate Cristóbal Sarralde is an expert in litigation involving civil and commercial issues, while senior associate José Joaquín Verdugo specialises in civil lawsuits.

Practice head(s):

Mónica van der Schraft

Testimonials

Excellent communication and involvement in each case, with constant monitoring and information.

They give very clear and precise guidelines on how to follow and face disputes.

The Garrigues litigation team provides very high-quality advice.

Great for their response times, with lawyers who are specialised in different matters, facilitating the design and construction of defences that cover all possible fronts.

The team helped us obtain very positive results in highly complex matters.

Stands out above other firms for the depth and meticulousness of their written  presentations, as well as their adoption of different defence strategies, which have substantially improved the company’s position.

Mónica van der Schraft is great for her experience and case management skills at court level.

Especially noteworthy is the work and advice provided by principal associate Cristóbal Sarralde and his team, as they have done an outstanding job, and amply demonstrated that they have a high level of knowledge and mastery over matters, including the processing of cases.

Electricity and hydrocarbon

The multidisciplinary team at Garrigues Chile has substantial expertise in the financing, development and regulatory aspects of large energy projects: it also has extensive experience in M&A work for energy and natural resources companies and private funds. Luis Felipe Merino, who advises on project development and energy project-related corporate issues, leads a practice group which includes: Cristobal Fainé (partner as of January 2020); energy project finance expert Pedro GarcíaRodrigo Fernández, who has notable relationships with several energy sector companies; and renewables expert Antonio Morales. At senior associate level, Francisco Irarrázaval focuses on power regulatory matters.

Practice head(s):

Luis Felipe Merino

Key clients

AMP

Arroyo Energy

Atlas Renewable Energy

Banco Santander-Chile

Banco de Chile

Colbún

Credit Agricole

Empresa Eléctrica Puente Alto

ENAP

Entrevientos

Intervial Chile

JP Morgan Chase

Inversiones Fotovoltaicos

Langa

Marubeni Corporation

Mizuho

Natixis

SMBC

Terna

Labour and employment

Active in collective bargaining, labour litigation and M&A-related due diligence, Garrigues Chile's department is led by principal associate Bárbara Vera, an employment, social security and immigration law specialist; Vera is supported by senior associate and labour litigator Tomás Larrain.

Public law

Garrigues Chile's public law practice is led by of counsel Claudio Moraga, who has over 30 years of experience in the field; providing notable support is principal associate Sebastián Hassi, a public law expert with 15 years of experience, and senior associate Francisco Irarrázaval, who focuses on energy and natural resources-related administrative law matters.

Garrigues Chile offers expert multidisciplinary advice, providing support to both local clients and international investors on entering and pursuing their business activities in the Chilean market. Over the last months, Garrigues’ immediate positioning as one of the leading firms in Chile has been clear, having advised on some of the highest level projects and matters, and acted as legal counsel to top-tier international and domestic clients, who are industry leaders in Latin America.

Garrigues’ team in Chile now comprises 40 professionals, all highly respected in the local legal services market and with extensive expertise in the area of international investment.

The firm has five offices in Santiago de Chile, Bogota, Lima, Mexico City and Sao Paulo. Garrigues has the largest network of own offices in the region among the major European law firms. It also has its own offices in Spain (in 18 cities), Belgium, China (Beijing and Shanghai), Portugal, Poland, Morocco, the United Kingdom and the United States.

Senior contacts
Luis Felipe Merino – partner: he specializes in corporate law and in mergers and acquisitions, providing recurring advice on cross-border deals to foreign clients investing in Chile and to local clients investing abroad. He also has broad expertise in advising energy companies on the development of electricity generation projects, using both conventional and renewable energy sources.

Oscar Ferrari – partner: he mainly focuses on providing tax advice to a range of Chilean and foreign clients on the development of their businesses or projects in Chile and abroad, and on corporate and asset restructuring processes, mergers, acquisitions, project finance and tax litigation, in both the administrative (before the Chilean Internal Revenue Service) and judicial (before the Tax and Customs Courts, Appeal Courts and Supreme Court) jurisdictions. He also has extensive experience in mergers and acquisitions, capital markets, corporate law and foreign investment.

Pedro Garcia – partner: he specializes in capital markets and banking and finance, providing recurring advice to both local and international financial institutions in complex and cross-border financial transactions. He is also very experienced in providing advice in infrastructure and energy projects, both to developers and lenders.

Department Name Email Telephone
Tax Oscar Ferrari oscar.ferrari@garrigues.com
Financing, capital markets Pedro García pedro.garcia.m@garrigues.com
Corporate, M&A Luis Felipe Merino luis.merino@garrigues.com
Corporate, M&A Rodrigo Fernández rodrigo.fernandez@garrigues.com
Litigation and arbitration Mónica Van der Schraft monica.vds@garrigues.com
Real estate José Miguel Rioseco jose.rioseco@garrigues.com
Real estate Luis Eduardo Correa luis.correa@garrigues.com
Energy Luis Felipe Merino luis.merino@garrigues.com
Corporate governance Alberto Etchegaray alberto.etchegaray@garrigues.com
Other fee-earners : 30
Total staff : 48
Partners : 8