Barros & Errázuriz > Santiago, Chile > Firm Profile
Barros & Errázuriz Offices
AV. ISIDORA GOYENECHEA 2939, 10TH FLOOR
Barros & Errázuriz > The Legal 500 Rankings
Chile > Banking and finance Tier 1Fielding one of the largest, most specialised banking and finance teams in Chile, Barros & Errázuriz‘s practice is able to leverage off the firm’s substantial real estate, energy, environmental and regulatory groups. It is particularly highly rated in the market for energy and infrastructure project finance deals, while the firm’s membership of the Affinitas network facilitates exchanges of ideas on regional banking and finance developments with peers in Colombia, Mexico and Peru. The practice co-heads are project and corporate finance specialist Francisco De la Barra, who recently advised the lenders on the financing of two energy projects; Nicolás Balmaceda, whose experience includes port, road and electric transmission project financings; Bernardo Simian (M&A, foreign investment, financing and capital markets); and Enrique Barros (corporate and structured finance), who was raised to the partnership in July 2020. María Olga Rivera, Fernando Campino, Pedro Pablo Cruz and Valentina Villalobos are the senior associates to note. Since publication, Rivera has been raised to the partnership - effective as of March 2022.
Francisco de la Barra; Bernardo Simian; Nicolás Balmaceda; Enrique Barros
‘A lot of experience in public investment funds added to the capacities in M&A and corporate law in general. I particularly like working with Luis Alberto Letelier. Full availability, broad criteria, extensive experience. More than technological aspects, the concern for introducing ESG aspects stands out.‘
Pacific Hydro Chile
Linzor Capital Partners
Caja Los Héroes
Administradora D’E Capital
BTG Pactual Chile
Penta Vida Compañía de Seguros de Vida
Fortress Investment Group
Sumitomo Mitsui Banking Corporation
Weg Administradora General de Fondos
Compañía de Petroleos de Chile
Banco de Crédito e Inversiones
Moneda Asset Management
- Advised Sumitomo Mitsui Banking Corporation and Banco Security (as lenders) on the financing of two energy projects managed by Opdenergy Generación (and its subsidiaries Eólica La Estrella and AustrianSolar Chile Uno).
- Advised Banco de Crédito e Inversiones on negotiating (with Sociedad Concesionaria Teleférico Bicentenario) a long-term project finance for the construction of a public work named Concesión Teleférico Bicentenario.
- Advised Pacific Hydro Chile on the refinancing of its existing debt under a syndicated credit agreement that was executed in 2017.
Chile > Capital markets Tier 1
Barros & Errázuriz fields one of the largest, most specialised capital markets teams in the Chilean legal market. Both domestically and internationally, the team consistently advises on the issuance of securities and public offerings of bonds, shares and other securities. The team also assists with local and foreign investment fund placements; is strongly supported by the firm’s M&A, corporate, tax and real estate practices; and boasts longstanding expertise in capital markets regulations. Luis Alberto Letelier, whose key clients include BTG Pactual and Ameris, heads the capital markets department, which also showcases: Cristián Barros, who has over 30 years' experience in capital markets advisory work; Víctor Barros who handler issuer registrations and the issuance and placement of private and public investment funds and bonds; and Javier Díaz, the team’s regulatory expert. Also integral to the practice group: associated practice director Juan Cristóbal Schmidt; and senior associates José Miguel Diez (recently returned after a year as a Credicorp Capital legal manager), Pedro Pablo Cruz (elevated in 2020), Juan Ignacio Galdámez, Cristián Risopatrón and Fernando Campino.
Luis Alberto Letelier; Cristián Barros; Víctor Barros; Javier Díaz; Juan Cristóbal Schmidt
‘The firm has wide access to the funds industry and therefore has ample access to market practice, therefore providing insightful advice when needed.‘
‘Director Juan Cristóbal Schmidt is always available to clients, with the willingness and ability to engage in deep but also practical analysis.‘
Abertis Autopistas (Vías Chile)
Administradora General de Fondos Sura
Altis Administradora General de Fondos
Aspen Capital AGF
Asset Administradora General de Fondos
AZ Andes Administradora General de Fondos
Cerro Castillo Capital
CCAF 18 de Septiembre
CCAF Los Héroes
CMB – Prime Administradora General de Fondos
Coca – Cola Embonor
Compass Group Chile
CVC Capital Partners
Econsult Administradora General de Fondos
Independencia Administradora General de Fondos
JP Morgan Chase
Link Capital Partners
Moneda Asset Management
Neorentas (Administradora General de Fondos)
Picton Administradora General de Fondos
Singular Asset Management
Southern Cross Group
VolcomCapital Administradora General de Fondos
Weg Administradora General de Fondos
- Advised Agrosuper on the $245m capital increase of its listed affiliate, Empresas Aquachile, which will allow it to consolidate the group’s salmon business.
- Advised Redmegacentro on the placement of its Series D bonds.
- Advised Fondo Esperanza on both its registration with the Financial Markets Commission and the issuance of notes defined as social bonds.
One of the most experienced and widely respected Chilean law firms for consumer and advertising law, Barros & Errázuriz's ten-strong department has an impressive track record in class actions and mediation processes involving the Chilean Consumer Law Authority (SERNAC). The practice also distinguishes itself through substantial industry expertise, including public services and utilities, telecoms, education, real estate, postal services and healthcare. The practice is co-led by Javier San Martín, whose dispute resolution workload includes class action lawsuits; competition and antitrust specialist Luis Eduardo Toro, who regularly represents clients in actions filed by SERNAC or by individuals; and David Cademartori, an administrative and public law expert who consistently advises on consumer matters. Notable senior associate-level support is provided by Isidora Fernández, whose wide-ranging litigation and arbitration experience includes class actions, consumer law and injunctions before the courts of appeal; and consumer law-related class action specialist Cristián Pérez.
Javier San Martin; Luis Eduardo Toro; David Cademartori
‘A very high level of knowledge of consumer law involving both the courts and at the administrative level (SERNAC).’
‘The team clearly knows the criteria for resolving controversies and sanctions matters.‘
‘The lawyers know when it is convenient to be conciliatory with the Authority and when it is advisable to litigate, and in both cases with the best tools available.‘
‘Cristián Pérez is a standout senior associate for litigation.‘
Correos de Chile
Caja de Compensación Los Héroes
Aguas del Valle
- Represented Aguas del Valle (known for the production and distribution of drinking water and collection, treatment and disposal of wastewater in northern Chile) in three class actions involving service interruption claims and alleged illegal charges.
- Defended ESSBIO against two class actions filed by over 2,000 neighbours of Coronel, claiming damages for the alleged turbidity and pollution of water distributed by ESSBIO.
- Represented CineHoyts in a complaint filed by SERNAC for allegedly violating consumer law.
Chile > Corporate and M&A Tier 1The 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
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.‘
Delta Air Lines
- 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.
Chile > Data privacy Tier 1
The Chilean member of Latin America-based Affinitas law firm alliance, Barros & Errázuriz's privacy and personal data protection work predominantly focuses on: compliance with local legislation (Law 19.629 on the Protection of Private Life); confidentiality agreements; personal data international transfer agreements; and the application in Chile of the EU's General Data Protection Regulation (GDPR). Additional areas of strength include company privacy policies and information security; and in recent work, the team advised Brazilian multinational technological company VTEX on data privacy issues. With over 25 years' experience in the TMT sector, José Ignacio Ovalle consistently advises on the regulatory and commercial aspects of telecoms, technology and data privacy; and experienced senior associate Andrés Rodríguez (a former chief legal adviser at the Chilean telecoms regulator) focuses on work involving data privacy, and the IT and telecoms sectors.
José Ignacio Ovalle
Sumitomo Mitsui Banking Corporation
Delta Air Lines
Pontificia Universidad Católica de Chile
Caja de Compensación de Asignación Familiar 18 de Septiembre
- Advised Brazilian multinational technological company, VTEX, on data privacy issues.
- Assisted Sumitomo Mitsui Banking Corporation with the compliance review of its global personnel privacy notice.
- Advised Delta Air Lines on data processing requirements in Chile.
Chile > Real estate Tier 1
A core area for Barros & Errázuriz' since it was founded in 1988, the firm's 13-strong 'multidisciplinary real estate practice is solid in all areas', consistently handling: complex real estate operations in a wide variety of industries; creative acquisition structures, real estate associations and consortiums; and real estate development project financing. The firm also fields specialists in infrastructure and construction, and telecoms infrastructure; and has consolidated its expertise in regulatory and contentious issues surrounding city planning, construction and tourism. Being a full-service offering, clients can additionally tap into the firm's robust, tax, banking and finance, capital markets, M&A and regulatory practices. The group's co-heads are José Ignacio Ovalle (building projects, condominiums, shopping centres, offices, ports, hotels and subdivisions); and 'very solid adviser' Patricio Solórzano and Oscar Ruiz-Tagle, who both have over 25 years' experience in real estate projects. Also integral to the team are counsel Alejandra Aránguiz (urban, regulatory and municipal administrative law) and senior associate Eduardo Tirado, who is active in corporate and real estate matters.
José Ignacio Ovalle; Patricio Solórzano; Óscar Ruiz-Tagle
‘This multidisciplinary real estate practice is solid in all areas. They also have a network of exceptional professionals, which allows them to allocate the necessary resources and provide solid advice, and they are great for clarity and creativity.‘
‘An excellent service that is creative in its solutions and skilled in negotiations.‘
‘Great team – very committed to the client and fully solves the problems that clients face.‘
‘The lawyers are very available, which makes the work a pleasure. They respond in a very short time and the advice is at the highest level.‘
‘The team I work with is very professional, always available, friendly and timely; and they are more prepared than the counterparts with which I have had to interact.‘
‘Excellent backup system with very clear and fair billing.‘
‘The outstanding advisers are José Ignacio Ovalle and counsel Alejandra Aránguiz.‘
‘Patricio Solórzano is a very solid adviser.‘
Ameris Renta Residencial Fondo de Inversión
Sura Asset Management
Seguros de Vida Sura
Ameris Renta Residencial Fondo De Inversión
- Advised Sura Asset Management Advice on the purchase of Nueva Las Condes, a subsidiary of GLL Latam Chile.
- Assists Indesa, on an ongoing basis, with the development of a real estate project in Colina.
- Advised Vértice B&E on the acquisition and development of the second stage of a real estate project in Puchuncaví, comprising 50 apartments in three buildings.
Chile > TMT Tier 1
The 'solid' four-member group at Barros & Errázuriz has over 27 years' experience in advising both domestic and foreign companies on major TMT work; it is widely respected for its expertise in radio and satellite licences, digital television permits, cloud computing and telecoms infrastructure regulation. Other key areas include mobile and landline services, internet service providers, optic fibre operators, IP phone services, over-the-top content (OTT), and technology agreements and transfers; and in 2020, the firm remained active in its provision of regulatory advice to multinational satellite companies offering telecoms services in Chile. Practice head José Ignacio Ovalle has longstanding TMT experience, ranging from the commencement and subsequent development in Chile of mobile and satellite television to internet, IT and data privacy-related issues; the senior associate to note is 'incredibly knowledgeable' telecoms, IT and data privacy expert Andrés Rodríguez.
José Ignacio Ovalle
‘The team is very attentive and available, and always responds to communication promptly and without delay – they also have a very international mindset.‘
‘The depth of knowledge is very deep; we feel 100% supported by the firm and they operate in a very friendly and open way.‘
‘A solid team with clear and concise answers, which help carry projects forward.‘
‘Very professional lawyers with good response times and good results – a reliable office.‘
‘There are few law firms with telecoms practices as strong, solid and detailed.‘
‘An excellent willingness of the partners to participate in advising the company, particularly José Ignacio Ovalle.‘
‘Senior associate Andrés Rodríguez is the primary reason we want to continue working with the firm – incredibly knowledgeable about our industry, and he has the ability to put himself in our shoes and advise accordingly.‘
‘Senior associate Andrés Rodríguez shows initiative and forethought regarding our business activities. His communications are prompt, clear, honest and professional – I can trust his advice and recommendations.‘
Pontificia Universidad Católica de Chile
Mega (TV Station)
Bado Market (Sugart)
- Advised OneWeb on obtaining the necessary authorisations, permits and licences to operate satellite telecoms services in Chile.
- Advised Horizon Wireless on the 5G public tender carried out by the Government, which will define the future of Chile’s communications industry in the coming years.
- Advised Lycamobile on obtaining the necessary authorisations to operate as a mobile virtual network operator in Chile.
Enjoying a notable market reputation for bankruptcy and restructuring matters, Barros & Errázuriz's three-member team assists an array of clients with judicial and non-judicial reorganisations, as well as contentious proceedings involving bankruptcy law. It has particular strength in assisting clients looking to acquire the assets of companies subject to liquidation or reorganisation procedures. The team is led by Javier San Martín ('vast knowledge of reorganisation and bankruptcy issues'), whose broad dispute resolution expertise covers bankruptcy; San Martín's recent experience includes advising Banco Internacional (as agent bank), on Corpgroup affiliate Inversiones Sams' insolvency issues. Providing significant support are José Luis Corvalán (elevated to the partnership in April 2021) and senior associate Cristián Pérez, who both have extensive experience in insolvency procedures (reorganisations and liquidations).
Javier San Martín
‘The reorganisation team has a remarkable handling of these issues, both legal but also practical. They propose solutions that facilitate reaching agreement, always taking care of clients’ interests.‘
‘The lawyers are always available to have co-ordination meetings, they personalise their work and are proactive in the processing of procedures, as well as in the sending of information.‘
‘They have a good network of contacts.‘
‘A highly proactive team.‘
‘Javier San Martín is a lawyer who has vast knowledge of reorganisation and bankruptcy issues, but with a very commercial and business perspective, which allows him to address issues quickly and comprehensively.‘
‘Javier San Martín is very fast and clear in his analysis and recommendations.’
BTG Administradora General de Fondos
Banco de Crédito del Perú
Solutions 2 Go
Cine Hoyts – Cinepolis
- Advised Telemet on the reorganisation procedure for Valle Nevado, a Chilean company that owns ski resort hotels near Santiago.
- Assisted Banco Internacional with negotiating the financing of the subsidiaries of casino company Enjoy (in the context of Enjoy’s reorganisation).
- Advised Banco Internacional on its role as agent bank, in relation to the insolvency issues of Inversiones Sams, a Corpgroup affiliate.
Full-service law firm Barros & Errázuriz houses a nine-member team that consistently acts in major TDLC cases and FNE investigations, as well as assisting with concentration notifications. The practice also advises on the prevention of future anti-competitive conduct through commercial policy reviews and compliance programmes; and is considered a pre-eminent legal adviser to the telecoms sector. Litigation and arbitration expert Luis Eduardo Toro heads the practice, which comprises dispute resolution specialist José Tomás Errázuriz (competition and antitrust proceedings); and merger-control practice leader Francisco Bórquez, who was made partner in April 2021 alongside José Luis Corvalán. However, associates Guillermo Ureta and Macarena Viertel left in March and June 2021, respectively.
José Tomás Errázuriz; Luis Eduardo Toro; Francisco Bórquez
BTG Pactual Chile
Sociedad Austral de Electricidad
MG Leasing Corporation
Servicios Visa International
Southern Cross Group
Independencia Administradora General de Fondos
- Advised Sociedad Austral de Electricidad on the notification before the FNE of the sale of 50% of the shares of Eletrans, Eletrans II and Eletrans III to Chilquinta Energía.
- Defended Coca Cola Embonor (CCE) against an abuse of dominant position and exclusivity clause-related claim, which was filed by a group of Doggis franchisees against Grupo G&N, Alifrut, Ariztía, Embotelladora Andina and CCE.
- Assisted MG Leasing Corporation with notification before the FNE of its acquisition of 50% of the shares of Southern Cone Water.
Chile > Compliance Tier 2
'Covering highly complex tasks', Barros & Errázuriz's six-member team 'delivers quality solutions'; it has extensive experience in assisting and defending clients in relation to the Chilean rules on AML, anti-bribery and counter-terrorism financing legal frameworks. The team's lawyers have impressive expertise in internal investigations, administrative investigations, enforcement actions and compliance programmes, as well as advising on financial institutions' risk management. The team's key practitioners include Javier Díaz, the firm’s regulatory expert on financial and capital market transactions, who also handles securities litigation; M&A and capital markets specialist Cristián Barros, who has been actively involved in the development of the compliance department; and associate practice director Juan Cristóbal Schmidt, who plays significant roles in both the compliance and capital markets groups.
Javier Díaz; Cristián Barros; Juan Cristóbal Schmidt
‘Covering highly complex tasks and processes that require synergies between the members, the team delivers a quality service with quality solutions.‘
‘The lawyers perform to the highest standards.‘
‘The firm’s partners are lawyers with vast experience in various fields, and who have represented important entities and individuals over the years.‘
‘I would highlight the communication skills they possess, which are of great value.‘
‘Implemented the teleworking system very well, which has not delayed the fulfilment of their work with us.‘
Compass Group Administradora General de Fondos
AZ Andes Administradora General de fondos
Administradora De Fondos La Construcción
Caja de Compensación de Asignación Familiar 18 de Septiembre
- Assisting Agrosuper with its compliance programmes.
- Assisting Compass Group Administradora General de Fondos with its compliance programmes.
- Assisting Coca Cola Embonor with its compliance programmes.
Housing a team of expert arbitration lawyers, Barros & Errázuriz has extensive experience in arbitration proceedings before CAM, ICC and other chambers of commerce, with typical work for the group involving acting for major clients in significant arbitrations involving construction and energy projects. The principal contacts are founding partner José Tomás Errázuriz, who is overall head of the dispute resolution practice; and Luis Eduardo Toro, who specialises in complex commercial arbitration. Other active arbitral practitioners include Javier San Martín (dispute resolution, consumer protection, and reorganisations/liquidations); public law head David Cademartori, whose practice includes telecom- and energy-related international arbitration; and José Luis Corvalán (domestic and international commercial arbitration), who was made partner in April 2021.
Leading Chilean full-service law firm Barros & Errázuriz fields a seasoned team of dispute resolution experts who act in all types of civil and commercial litigation and mediation proceedings, as well as cases before national regulatory agencies; it also frequently works with and for non-profit organisations. The practice is co-led by Luis Eduardo Toro, who has extensive litigation experience across contractual law, torts, consumer law, commercial matters and antitrust; David Cademartori, who heads the firm's contentious administrative sub-practice; Javier San Martín, a specialist in contractual law, bankruptcy, construction, consumer law and commercial issues; and name partner José Tomás Errázuriz, a senior figure with huge arbitral and litigious experience. José Luis Corvalán was made partner in April 2021, while at senior associate level Isidora Fernández and Cristián Pérez are specialised in civil and commercial litigation.
José Tomás Errázuriz; Luis Eduardo Toro; Javier San Martin, David Cademartori
‘It is a team with a lot of knowledge, dedication and ideas that go further.‘
‘They do not leave anything to chance, they look for solutions that can go beyond the usual, always within the norm, but carrying out analyzes, interpretations: David Cademartori andLuis Eduardo Toro.‘
‘They are a dynamic team that has been able to give creative responses to the various conflicts that as a real estate company we have been exposed to over the years.‘
‘We have formed a relationship of intimate trust with Barros and Errázuriz, consulting them regarding the strategic decisions that the company has made. Its main difference with other firms is that, beyond From technical knowledge, the team is genuinely concerned about the smooth running of the company and is able to intervene successfully in strategic decisions.‘
‘The lawyer David Cademartori stands out, who is responsible for strategic decisions in the negotiation processes with clients and with the authority and for providing creative solutions to the conflicts that he has had with clients and with third parties.‘
‘Team members currently have the ability to work remotely from anywhere and connect with both us and our company employees living abroad.‘
‘Very good criteria to determine the path of the litigation, with high control capacities for handling the dispute.‘
‘Cristian Perez, is very diligent in his answers and with a good disposition to act.‘
Inmobiliaria El Plomo
Raúl Segundo Carlos Teodoro Schüler Gatica
Banco Bilbao Viscaya Argentaria (Scotiabank)
Inmobiliaria Socovesa Santiago
Constructora Socovesa Santiago
Aguas del Valle
Compañía Puerto Coronel
Universidad Nacional Andrés Bello
Empresa Correos de Chile
Héctor Claro Collins y José Montt
Juicio Demarcación y Cerramiento
- Acting for Inmobiliaria El Plomo in three claims initiated by building owners, including allegations of excessive charging of the common expenses for a building’s administration.
- Defended Inmobiliaria Socovesa Santiago and Constructora Socovesa Santiago against a construction defects-related lawsuit filed by 34 property owners.
- Acted for Sociedad Comercial Rivalta (SCR), an affiliate of Familia Gálmez Group, in pursuing the annulation of a contract, further to which certain properties were sold by falsifying the signature of SCR representatives.
Chile > Environment Tier 2
With 'detailed knowledge of public sector procedures', Barros & Errázuriz's nine-member environmental team provides full-service assistance to clients on projects, including planning, operation and closure, due diligence, project finance, environmental assessments and permitting issues, along with social conflicts and community negotiations; the firm also fields experts in local authority relations, compliance, litigation before the environmental and ordinary courts (including Supreme Court), and enforcement proceedings. 'Very active' counsel Matias Montoya (a former head of legal of the Environmental Assessment Agency) heads the environmental practice, working closely with energy-industry specialist Fernando Garrido, who leads the firm's regulated sectors department. Further support is provided at associate level by dedicated environmental law senior, Mara Angelini.
‘Detailed knowledge of public sector procedures and the people in charge.’
‘The lawyers here work very well together, as well as with third parties.’
‘Focused on clients with a very personalised service.‘
‘Great sector knowledge and experience, with good support from other practice areas of the firm.‘
‘Timely communications and fully available.‘
‘Counsel Matias Montoya is very active and stays on top of the detail.‘
‘Matias Montoya is experienced; he immediately distinguishes what is important in each case, with exceptional relationships and communications with clients.‘
‘Matias Montoya understands the public apparatus, the criteria and the people who make the decisions at the environmental authorities.‘
Interacid Trading (Chile)
Calidra Chile Importaciones Minerales
Compass Group Chile
Compañía Puerto de Coronel
- Advised Interchile on an enforcement proceeding before the Environmental Superintendence.
- Assisted Colbún with an enforcement proceeding before the Environmental Superintendence.
- Acted for Agrícola Coexca in a constitutional protection claim that was filed by the National Human Rights Institute.
Juan Cristóbal Iturrate
‘What characterises the work team is its ability to understand the internal functioning of clients, and to propose tailored and preventive measures; this allows them to face both legal contingencies and to identify and address underlying problems.’
‘Immediate availability, both in terms of consultancy work and the issuance of an opinion or attention to problems.’
‘Assertiveness in recognising issues and proposing solutions.’
‘Adapted well to the conditions imposed by the pandemic, especially in relation to the provision of services and the maintenance of client relationships.’
Universidad de las Américas
Sociedad Anónima Viña Santa Rita
Fundición de Talleres
Vestas Turbinas Eólicas
Sociedad Industrial Kunstmann
- Assisted Konecta Chile with a collective bargaining involving three unions that jointly represent over 2000 employees.
- Assisted Bayer with two collective bargaining matters with three unions.
- Advised Fundación Talleres on a collective bargaining matter with two unions that represent over 450 employees.
Nicolás Balmaceda; Francisco de la Barra
‘Very good internal co-ordination; the whole team are aware of the details of the project.‘
‘The staff is available at all times to solve doubts and issues.‘
‘Total involvement in the projects, particularly Francisco de la Barra, who has thorough knowledge of an operation’s every detail and always provides excellent advice.‘
‘Good ability to adapt quickly to working during the pandemic; they were able to carry out their work without lowering the quality of the service they provided in person.‘
Compañía Portuaria Mejillones
Mitsui & Co
Sumitomo Mitsui Banking Corporation
Constructura San José
Sociedad Concesionaria Nuevo Complejo Los Libertadores
- Advised Compañía Portuaria Mejillones and Terminal Graneles del Norte on a bid surrounding the shipment of copper concentrate.
- Assisted Iridum Concesiones de Infraestructura with the pre-qualification of a health facility concession programme (held by Ministerio de Obras Públicas).
- Assisted Banco de Crédito e Inversiones with preparing a long-term project financing for the construction of a public work, which is destined to improve Santiago’s public transport system.
Chile > Public law Tier 2
Barros & Errázuriz's public, administrative law and economic regulation department predominantly acts for private entities on a wide range of public matters; the seven-member team is particularly focused on tariff-setting administrative procedures; contentious administrative proceedings; and administrative sanctioning procedures involving the natural gas, telecoms, electricity, water and wastewater, health, and education sectors. Other areas of focus are administrative contracts, government liability, public procurement and maritime concessions, along with government real estate and expert reports. The group also acts in litigation before common tribunals, Courts of Appeals, Supreme Court and the Comptroller General’s Office. Administrative law specialist David Cademártori heads the public law team, which also showcases renowned Chilean arbitration expert José Tomás Errázuriz and senior associate Andrea Batarce, whose contentious practice includes administrative proceedings.
José Tomás Errázuriz; David Cademartori
Compañía Regional Aguas Marítimas
Compañia Minera Arbiodo
Uriarte & Pérez-Cotapos Inmobiliaria
Inmobiliaria El Plomo
Empresa de Servicios Sanitarios Esval
Aguas del Valle
Independencia Administradora General de Fondos
Torres Unidas Chile
Marine Gel Antartic
Enterprise Electronics Corp
Administradora de Fondos La Construcción
Directv Chile Televisión
Fundación Educacional Colegio Los Leones de Quilpué
Sociedad Concesionaria Nuevo Complejo Fronterizo Los Libertadores
- Provides ongoing legal advice to Esval (and its subsidiary companies) on a wide array of administrative and judicial proceedings.
- Represents Oxiquim (Chilean chemical company) in various proceedings concerning fines imposed by the Health Authority.
- Represents Compañía Minera Arbiodo in a civil claim for damages against the State of Chile, which concerned the granting of concessions to third parties that interfered with a mining project.
Chile > Tax Tier 2Acting for both corporate clients and individuals, Barros & Errázuriz‘s large tax department has a strong name in the market for its broad experience in tax structuring and implementation, both at national and international levels; the practice is also widely respected for its wealth planning advice, as well as its representation during disputes. Compliance is another area of notable strength. Founding partner Fernando Barros heads the tax practice, which showcases Carola Trucco, who has approximately 20 years’ experience advising major companies on domestic and international taxation; in turn, the senior associates to note are tax disputes expert Mauricio Bascuñán, and transactional tax structuring specialist Fernanda Becker. An eight-strong team, including former partner María Teresa Cremaschi, and senior associates Evelyn Sepúlveda, Jazmín Gajardo and Nicolás Alvarado, left the firm in March 2021. Since publication, the firm has hired Magdalena Munita Irarrázaval (from Philippi Prietocarrizosa Ferrero DU & Uría) as associate practice director, and Maria Lucia Marraccini as a senior associate (both hires effective as of February 2022). As in the case of fellow-senior Tomás Kovacevic the previous year, Marraccini arrives from a role as a tax policy advisor to the Ministerio de Hacienda; Kovacevic, in turn, has subsequently been made up to partner (as of March 2022).
Fernando Barros; Carola Trucco
‘Great advice on various tax matters with complete knowledge of the rules, legislation and regulations.‘
‘Direct contact with partners that have very good tax practices.‘
‘Very good availability to clients, with excellent quality and adequate billing.‘
‘Excellent knowledge and willing to answer any questions efficiently – direct contact with partner Carola Trucco.‘
‘Ability to adapt to the new reality of the pandemic – there was a greater presence of the team, which generated even greater support and collaboration.‘
‘A cohesive, high-level team that builds clients’ trust.‘
‘We appreciated the solidity of its proposals, that came with a lot of technical support and creativity in the tax financial world, which has undergone many changes.‘
‘Great knowledge and understanding of clients.‘
- Advises SURA Asset Management on tax matters on a daily basis.
- Advising Cecilia Bolocco on the establishment of Fundación Protón, which will focus on providing children with cancer-related proton therapy, entailing the analysis of the tax aspects surrounding its incorporation and operation.
- Advises BTG Pactual Asset Management on tax matters on a daily basis.
Chile > Venture capital Tier 2Enjoying strong relationships with a range of incubators, accelerators and investors from Chile and beyond, full-service legal practice Barros & Errázuriz brings its renowned expertise in corporate, M&A and financing matters to the VC table, together with its high-level knowledge of the VC ecosystem. The group advises national and international start-ups and investors throughout all stages of a company’s development, including planning, growth, finance and exit phases. A partner since 2018, M&A and corporate and commercial specialist Sergio Eguiguren leads the VC practice as well as the firm’s innovation and entrepreneurship practice, with senior associate Lucas Marinovic also active on the VC front; Marinovic advises emerging companies on their growth paths (including both financing and M&A matters). Associate Juan Sebastián Alonso provides additional support. Since publication, Marinovic has been raised to the partnership - effective as of March 2022.
‘Good understanding of the needs of startups and the situations they face when raising financing.‘
‘Great for attention to detail, rapport with the client, and suggesting courses of action that measure the risks, the expected value and the potential return.‘
‘Very professional and diligent.‘
Compañía de Seguros de Vida Consorcio Nacional de Seguros
Inversiones y Asesorías As de Guía
- Assisted Compañía de Seguros de Vida Consorcio Nacional de Seguros with (reportedly) the first corporate venture capital investment of a Chilean traditional financial institution in a fintech company (PagoFácil).
- Advised Compañía de Seguros de Vida Consorcio Nacional de Seguros on the implementation of a $20m corporate venture capital programme to invest in fintech and insurtech companies.
- Advised Compañía de Seguros de Vida Consorcio Nacional de Seguros on a corporate venture capital investment of a Chilean traditional financial institution in an insurtech company (PolicyMe).
Fernando Garrido; Felipe Allende
Compañía Portuaria Mejillones
Exploration Drill Master Chile
- Advised Compañía Portuaria Mejillones and Terminal Graneles del Norte on the preparation and submission of a tender bid.
- Advised Asset AGF on the structuring of a private bidding process for the sale of its stake in Las Petacas, and the subsequent negotiation and closing of the transaction.
- Adviseing drilling project development, administration and execution company, Pro Drilling, on corporate, regulatory and labour matters.
Chile > Insurance Tier 4
Barros & Errázuriz houses an eight-member team that advises insurance companies on corporate matters, regulatory issues, and the incorporation and establishment of insurance companies, as well as corporate governance matters and stock ownership. Other features of the practice include compliance, administrative procedures and insurance-related litigation. Carlos Ducci heads the insurance department, which includes the firm’s regulatory expert on insurance matters, Javier Díaz. Sergio Eguiguren is additionally on hand at partner level, while Jorge Covarrubias and Albert Harsch are the insurance team's key associates.
Carlos Ducci; Javier Díaz
Mapfre Compañía de Seguros Generales de Chile
SAVE BCL Compañía de Seguros de Vida
Colmena Seguros de Vida
- Advised BTG Pactual Chile on the sale of life insurance company BTG Pactual Compañía de Seguros de Vida.
- Assisted Sumitomo Mitsui Banking Corporation and Banco Security (as lenders) with the financing of two projects managed by Opdenergy Generación and its subsidiaries Eólica La Estrella and AustrianSolar Chile Uno, which included reviewing the guarantee insurance policy.
- Assisted the lenders, including Natixis (New York Branch), Banco Santander and Deutsche Bank, with the financing of a project managed by EIG Global Energy Partners and its Chilean subsidiaries, which included advice on a construction all-risk insurance policy.
Barros & Errázuriz > Firm Profile
Founded in 1988, Barros & Errázuriz has positioned itself in the Chilean legal market as the youngest leading law firm, being the second largest firm in the country.
It offers legal advice in more than 30 practice areas, including mergers and acquisitions, banking and finance, capital markets, infrastructure, competition and antitrust, real estate, tax, environmental, telecommunications, natural resources, energy, and dispute resolution, among others.
Leader in each of the fields mentioned, according to prestigious international rankings, it offers a comprehensive and business-oriented approach, combining a particular expertise in areas for which our corporate and individual clients require precise solutions in their domestic and cross-border ventures.
Barros & Errázuriz has experienced continuous growth throughout its years with a broad base of local and foreign clients, whom it has accompanied in the most relevant operations of their businesses, some which have had great impact in the country in recent years.
Likewise, the firm is part of Affinitas, a network based in Latin America, composed of a group of prominent firms and renown leaders, in each of the countries where they operate: Barros & Errázuriz (Chile), Gómez Pinzón (Colombia), Mijares, Angoitía, Cortés & Fuentes SC (Mexico) and Miranda & Amado (Peru).
Main areas of practice
Antitrust: the firm has a distinguished record in advising on major cases before Chilean antitrust agencies. It has been retained in several regulated areas and transactions requiring merger control structure and agreements to ensure full compliance with the relevant legislation.
Banking and finance: the firm handles a broad range of issues, including secured and syndicated loans, transactions and guarantees, structured finance, project finance, leasing and tax-based finance.
Capital markets: the firm has been involved in ADR programs, bond offerings, IPOs of local companies and tender offers of publicly-traded companies. With high expertise in securities law, it has advised several traded companies, stockbrokers and a large portion of Chilean mutual and close-end investment funds.
Compliance: the firm provides advice related to the design, implementation and monitoring of policies and internal procedures in relation to corporate compliance with the legal and regulatory requirements applicable to commercial activities, and to corporate governance, risk management and anti-corruption practices.
Corporate: the firm has acted as counsel in areas including real estate and construction, stock brokerage and investment funds, pharmaceuticals, media enterprises (TV), private ports, hotels and tourism, agriculture and forestry, among others.
Energy and natural resources: with a strong practice, the firm acts as counsel to electricity generating companies, water, sewage and gas companies.
Environment and sustainable development: the firm advises on compliance with environmental regulations in the development of electrical, shipping, mining, forestry, real estate, chemical and concession projects.
Infrastructure: as a regular player in the largest infrastructure transactions in Chile, the firm has advised sponsors, public works concessionaires and lenders in connection with, inter-urban and urban highways, prisons, ports, airports, and energy and mining facilities.
Innovation and entrepreneurship: Barros & Errázuriz has committed to the development of the entrepreneurial ecosystem. The firm maintains a close contact with different incubators, accelerators and investors from our country and industry, highlighting our work with StartUp-Chile, the leading accelerator in Latin America, with which we coordinate the delivery of advice and mentoring to the StartUp-Chile Entrepreneur Network.
Insurance: the firm offers continuing legal advice to international clients with participation in local insurance companies, as well as to foreign reinsurance entities operatin in Chile.
Labour and employment: the firm possesses exceptional expertise in matters including collective bargaining, union affairs, litigation and due diligence processes for private and state-owned firms.
Dispute resolution and arbitration: the firm acts in a wide range of cases before civil courts and regulatory agencies. It specialises in commercial litigation, insolvency and coporate restructuring cases. It also counsels several clients in local and internacional arbitrations.
Water rights: the firm gives advice in wide variety of matters related to water rights as a key asset of many industries.
M&A: as one of the firm’s core practice areas, the firm has been involved in many of the largest M&As in Chile, including private acquisitions in cross-border takeovers of listed companies, acquisitions of controlling and minority interests, divestitures and corporate restructuring programmes.
Real estate: the firm represents a variety of clients in all major real estate activities. It has been involved in several major real estate developments during the last decade in Chile.
Tax: the firm draws on rich experience in advising on tax planning and tax litigation. It also advises clients on incorporations, acquisitions, reorganizations and liquidations, with a strong practice in private stock and asset acquisitions, mergers, joint ventures, private equity funds and cross-border transactions.
Telecommunications and technology: the firm has advised clients including mobile services, IP telephony, 3G, long distance, internet services, rural telephony, satellite and broadcast television services. It is involved in relevant regulatory issues of telecommunication industry, before the Antitrust Commission and the Courts of Justice. Additionally, it has a deep experience in the negotiation closing of transactions in connection with new information technologies.
Public law: provides permanent legal advice to private parties and government agencies in a wide range of constitutional and administrative law matters, including regulatory issues.
The firm has a commitment to provide pro bono legal services to people and institutions in need.
The firm has extensive experience in cross-border transactions involving financing, corporate restructuring, M&A, foreign investments and international joint ventures. Over the past year it has handled some of the largest cross-border transactions in Chile, including toll road financing, international bidding process of utilities companies and liquidation of foreign investment funds.
|Competition/antitrust - Energy/Natural resources - TMT||José Tomás Errázurizemail@example.com|
|Capital Markets||Cristián Barrosfirstname.lastname@example.org|
|Real Estate - Urbanism - TMT||José Ignacio Ovalleemail@example.com|
|Dispute resolution||Luis Eduardo Torofirstname.lastname@example.org|
|Banking & Finance/ Projects||Nicolás Balmacedaemail@example.com|
|Capital Markets||Luis Alberto Letelierfirstname.lastname@example.org|
|Banking & Finance||Bernardo Simianemail@example.com|
|Capital markets||Víctor Barrosfirstname.lastname@example.org|
|Real Estate - Urbanism||Patricio Solórzanoemail@example.com|
|Real Estate -Urbanism||Óscar Ruiz-Taglefirstname.lastname@example.org|
|Energy/Natural Resources - Environment||Fernando Garridoemail@example.com|
|Labor and employment||Juan Cristóbal Iturratefirstname.lastname@example.org|
|Public law - Dispute resolution||David Cademartoriemail@example.com|
|Capital Markets - Compliance||Javier Díazfirstname.lastname@example.org|
|Dispute resolution||Javier San Martínemail@example.com|
|Banking & Finance/ Projects||Francisco de la Barrafirstname.lastname@example.org|
|Corporate/ M&A||Vicente Corderoemail@example.com|
|Banking & Finance/ Projects||Enrique Barrosfirstname.lastname@example.org|
|Competition/ Antitrust||Francisco Bórquezemail@example.com|
|Dispute Resolution||Jose Luis Corvalánfirstname.lastname@example.org|
|Francisco Bórquez||Senior Associate, Barros & Errázuriz||View Profile|
|Nicolás Balmaceda||Partner, Barros & Errázuriz.||View Profile|
|Enrique Barros||Partner||View Profile|
|Cristián Barros||Managing Partner Partner, Barros & Errázuriz||View Profile|
|Fernando Barros||Founding partner Partner, Barros & Errázuriz.||View Profile|
|Víctor Barros||Partner, Barros & Errázuriz.||View Profile|
|David Cademartori||Partner, Barros & Errázuriz.||View Profile|
|Vicente Cordero||Partner||View Profile|
|José Luis Corvalán||Senior Associate, Barros & Errázuriz||View Profile|
|María Teresa Cremaschi||Partner, Barros & Errázuriz.||View Profile|
|Javier Díaz||Partner, Barros & Errázuriz.||View Profile|
|Francisco De la Barra||Partner, Barros & Errázuriz.||View Profile|
|Carlos Ducci||Partner, Barros & Errázuriz.||View Profile|
|Sergio Eguiguren||Partner, Barros & Errázuriz.||View Profile|
|José Tomás Errázuriz||Founding partner Partner, Barros & Errázuriz.||View Profile|
|María Fernanda Espinosa||Senior Associate, Barros & Errázuriz||View Profile|
|Fernando Garrido||Partner, Environment & Natural Resources, Barros & Errázuriz.||View Profile|
|Pablo Guerrero||Partner, Barros & Errázuriz.||View Profile|
|Juan Cristóbal Iturrate||Partner, Barros & Errázuriz.||View Profile|
|Luis Alberto Letelier||Partner, Barros & Errázuriz.||View Profile|
|Lucas Marinovic||Senior Associate, Barros & Errázuriz||View Profile|
|Matias Montoya||Counsel, Barros & Errázuriz||View Profile|
|José Ignacio Ovalle||Partner, Barros & Errázuriz.||View Profile|
|Cristóbal Pellegrini||Counsel, Barros & Errázuriz (2003).||View Profile|
|María Olga Rivera||Senior Associate, Barros & Errázuriz||View Profile|
|Ãscar Ruiz-Tagle||Partner, Barros & Errázuriz.||View Profile|
|Javier San Martín||Partner, Barros & Errázuriz.||View Profile|
|Juan Cristóbal Schmidt||Counsel, Barros & Errázuriz.||View Profile|
|Evelyn Sepúlveda||Senior Associate, Barros & Errázuriz||View Profile|
|Bernardo Simian||Partner, Barros & Errázuriz (1998).||View Profile|
|Patricio Solórzano||Partner, Barros & Errázuriz||View Profile|
|Eduardo Tirado||Senior Associate, Barros & Errázuriz||View Profile|
|Luis Eduardo Toro||Partner, Barros & Errázuriz.||View Profile|
|Carola Trucco||Partner, Barros & Errázuriz.||View Profile|
|Emilio Vásquez||Partner, Barros & Errázuriz.||View Profile|
Staff FiguresDirector : 5 Associates : 102 Others : 76 Total staff : 209
LanguagesSpanish English German French
OtherPartners : 26
- Banking and finance
- Capital markets
- Consumer and advertising law
- Corporate and M&A
- Data privacy
- Real estate
Top Tier Firm Rankings
- Bankruptcy, insolvency and restructuring
- Competition and antitrust
- Dispute resolution: arbitration
- Dispute resolution: litigation
- Energy and natural resources > Electricity and hydrocarbon
- Labour and employment
- Projects and infrastructure
- Public law
- Venture capital