The Legal 500

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AV. ISIDORA GOYENECHEA 2939, 10TH FLOOR, LAS CONDES, SANTIAGO, CHILE
Tel:
Work +56 2 2378 8900
Fax:
Fax +56 2 2362 0387
Email:
Web:
www.bye.cl

Chile

Banking and finance
Banking and finance - ranked: tier 1

Barros & Errázuriz

Acting for lenders and borrowers, Barros & Errázurizalways does a great job’. The team is highly rated for its advice on complex banking and finance transactions and the practice benefits from the firm’s significant real estate, energy, environmental and regulatory groups. It fields lawyers who are experienced in secured, corporate and syndicated loans; structured, acquisition and project finance; complex guarantee agreements, bond placements and leasing. The firm also has a robust capital markets practice, including regulatory issues. Highlights include acting as Chilean Counsel to the senior lenders on a long-term, $851m project financing developed by Transmisora Eléctrica del Norte. Debt capital market activity saw the team assist HSBC, JP Morgan and Santander with the issuance and placement of a $400m Rule 144A/Reg S bond on behalf of Chile-headquartered retailer, Falabella. Nicolás Balmaceda leads the debtor-counsel team, while the lender-side practice group is directed by Francisco De la Barra; and Luis Alberto Letelier heads the capital markets team. Other key names include Bernardo Simian, Pablo Guerrero, managing partner Cristián Barros, Víctor Barros and Javier Díaz, formerly a senior lawyer with the capital markets and insurance regulator, SVS. At senior associate level, María Olga Rivera is very highly rated. Former managing partner and department co-head Gonzalo Molina left the firm in June 2018 to pursue business opportunities outside the legal sector.

Leading lawyers

Francisco De la Barra - Barros & Errázuriz

Nicolás Balmaceda - Barros & Errázuriz

Next generation lawyers

María Olga Rivera - Barros & Errázuriz

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Competition and antitrust
Competition and antitrust - ranked: tier 2

Barros & Errázuriz

Always delivering brilliant service’, Barros & Errázuriz excels in handling litigation and administrative procedures; is experienced in investigations by the authorities; and provides compliance advice to companies acting in the Chilean market. The firm has particular expertise in the pharmaceutical, medical devices, retail, media, food and beverage, and energy industries; and is regarded as ‘standing out’ for telecoms-related matters. It recently assisted AT&T with a notification before the FNE, regarding its acquisition of sole control of Time Warner. José Tomás Errázuriz, Luis Eduardo Toro and David Cademártori are the principal practitioners; and senior associates Francisco Bórquez and José Luis Corvalán are also noted.

Leading lawyers

José Tomás Errázuriz - Barros & Errázuriz

Luis Eduardo Toro - Barros & Errázuriz

Next generation lawyers

Francisco Bórquez - Barros & Errázuriz

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Corporate and M&A (including compliance)
Corporate and M&A (including compliance) - ranked: tier 1

Barros & Errázuriz

Advising multinational corporations, financial institutions, and local companies, Barros & Errázuriz is highly rated for both transactional matters and corporate law advice. The team regularly advises on cross-border M&A deals, including takeovers of listed companies, acquisitions of controlling and minority interests, divestitures, and corporate restructuring programs; and it offers specialist expertise in the setting up of business structures and associations, including advice on joint venture and shareholder agreements. Key practice contacts include Pablo Guerrero, who advised MATCO Cables, Ingeniería e Inversiones et al in the acquisition of Gerdau Chile; Bernardo Simian, who advised Torres Unidas Chile on the sale of its subsidiaries in Chile, Colombia and Peru to Andean Tower Partners; and Carlos Ducci, who assisted NYSE-listed, Puerto Rican transaction-processing business Evertec with it acquisition of Chilean payment processing and software services company, PayGroup. The three co-direct the department in conjunction with Emilio Vásquez. Other work has seen the practice involved in multimillion-dollar deals in the entertainemt, energy and financial sectors, among others. Additional key figures include name partners José Tomás Errázuriz and Cristián Barros, who along with Luis Alberto Letelier, are reported as ‘excellent lawyers’; and recently-promoted partner Sergio Eguiguren. Senior associates Vicente Cordero Becker and Lucas Marinovic are also noted. Former managing partner Gonzalo Molina left the firm in June 2018 to pursue business opportunities outside the legal sector.

Leading lawyers

Cristián Barros - Barros & Errázuriz

Fernando Barros - Barros & Errázuriz

Pablo Guerrero - Barros & Errázuriz

Next generation lawyers

Lucas Marinovic - Barros & Errázuriz

Vicente Cordero Becker - Barros & Errázuriz

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Dispute resolution
Dispute resolution - ranked: tier 2

Barros & Errázuriz

Barros & Errázuriz is highly regarded for a range of civil and commercial litigation, as well as domestic and international arbitration (particularly construction-related disputes), mediation proceedings, and matters involving national regulatory agencies. The team defended Santiago-based financial services firm BTG Pactual Chile against a suit filed by Inversiones Collins, a private investor, for the alleged loss of value of an investment fund. José Tomás Errázuriz, Luis Eduardo Toro, David Cademártori and Javier San Martín are highly rated; José Luis Corvalán is a key senior associate.

Leading lawyers

Luis Eduardo Toro - Barros & Errázuriz

Next generation lawyers

José Luis Corvalán - Barros & Errázuriz

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Environment
Environment - ranked: tier 2

Barros & Errázuriz

Barros & Errázuriz provides ongoing environmental legal advice to major Chilean transmission and power generation company Colbún, as well as to a number of oil companies; the practice also regularly handles cases before the Environmental Courts and the implementation of environmental compliance programmes. Recent matters include advising Interconexión Eléctrica on the environmental impact evaluation for the construction of the Cardones-Polpaico power transmission line. José Tomás Errázuriz and Fernando Garrido lead the 11-strong team. Senior associate Matías Montoya’s ‘practical knowledge is second to none’.

Leading lawyers

Fernando Garrido - Barros & Errázuriz

Next generation lawyers

Matías Montoya - Barros & Errázuriz

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Insurance
Insurance - ranked: tier 3

Barros & Errázuriz

Barros & Errázuriz’s practice includes assisting with the incorporation of insurance companies in Chile; advising on the interests of shareholders of local insurance companies; and acting for foreign reinsurers before the local regulatory authority. The firm also has a robust insurance litigation practice. Recent matters saw the team advise MassMutual International, which (through its subsidiaries) provides insurance and other financial services to customers primarily in Asia, on the sale of its share participation in Chilean life insurance company Compañía de Seguros CorpVida. Carlos Ducci and Javier Díaz are the key practitioners.

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Labour and employment
Labour and employment - ranked: tier 2

Barros & Errázuriz

In the employment sphere, Barros & Errázuriz is best known for collective bargaining procedures, labour disputes, the labour aspects of transactional operations, labour law audits and immigration matters. Recent matters include acting for Bayer Chile in its collective bargaining process with two unions representing over 180 employees. Juan Cristóbal Iturrate and senior associates María Fernanda Espinosa and Camila Herrera are the principal advisers.

Leading lawyers

Juan Cristóbal Iturrate - Barros & Errázuriz

Next generation lawyers

María Fernanda Espinosa - Barros & Errázuriz

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Projects and infrastructure
Projects and infrastructure - ranked: tier 2

Barros & Errázuriz

Barros & Errázuriz is ‘very pro-business and flexible in finding alternatives to meet clients’ demands’. The firm is well known for its ongoing involvement in major infrastructure projects the length of Chile, including energy and renewable energy, transmission lines, toll roads, and telecoms and transport infrastructure. The team acted for Abertis Group, which controls the operators of the Autopista del Sol, Autopista Los Libertadores, Rutas del Pacífico, Autopista Central, and Autopistas Los Andes highways, in corporate, contractual and project financing matters. Department head and ‘skilled negotiator’ Nicolás Balmaceda ‘has a good understanding of construction and commercial markets, including Chilean and international business practices’; while Francisco De la Barra is ‘fully committed to clients and focuses on the key issues to achieve closing in time’. Other highly regarded advisers include power specialist Fernando Garrido, along with senior associates María Olga Rivera, Cristóbal Pellegrini and Enrique Barros. Former managing partner Gonzalo Molina left the firm in June 2018 to pursue business opportunities outside the legal sector.

Leading lawyers

Nicolás Balmaceda - Barros & Errázuriz

Next generation lawyers

María Olga Rivera - Barros & Errázuriz

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Public law
Public law - ranked: tier 2

Barros & Errázuriz

Barros & Errázuriz’s constitutional, administrative law and economic regulation practice covers public procurement issues, administrative contracts, and administrative sanctioning procedures – particularly regarding the natural gas, telecoms, electricity, water, sewerage, health and education sectors. Other areas of strength include contentious administrative proceedings and administrative tariff procedures. Key clients include Colbún, Esval, Aguas del Valle, Aramark and Nuevo Sur. José Tomás Errázuriz and David Cademártori are the key names.

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Real estate
Real estate - ranked: tier 1

Barros & Errázuriz

Retaining a large, varied portfolio of local and international developers and investment companies, Barros & Errázuriz’s real estate practice benefits from the firm’s significant banking and finance, capital markets, M&A and regulatory groups. The practice, which ‘provides complete support’, advises across the full range of real estate developments, including offices, hotels, social housing and telecoms infrastructure; it has also expanded into urban law in relation to industrial areas, energy and tourism, and can capably assist with city planning, construction law and administrative law disputes. José Ignacio Ovalle led advice to Chilean all-inclusive resort company, Rosa Agustina Resort & Spa, on its real estate operations, new real estate matters, a shopping mall and hotel developments. Oscar Ruiz-Tagle and Patricio Solórzano are highly rated.

Leading lawyers

José Ignacio Ovalle - Barros & Errázuriz

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TMT
TMT - ranked: tier 1

Barros & Errázuriz

A ‘highly professional, diligent and high-quality firm’, Barros & Errázuriz field a seasoned team of telecoms, media, technology and data privacy experts. The practice’s scope of work covers radio licences, telecoms infrastructure regulation mobile and landline services and internet service providers. Other areas of strength include satellite TV permits, cloud computing and complex technology agreements, along with data privacy and information security compliance policies. The team advises communication company Claro Chile on an ongoing basis on matters such as digital and cable television, infrastructure, public tenders, and regulatory issues; it also assists Banco BTG Pactual with cloud computing projects, including defining strategies to comply with the national banking regulations for cloud computing. José Tomás Errázuriz is a Chilean telecoms expert and José Ignacio Ovalle has broad TMT experience. Carolina Cabrera is an experienced senior associate. Other key clients include Deutsche Telekom, DirecTV, Fanatiz and Everis Chile.

Leading lawyers

José Ignacio Ovalle - Barros & Errázuriz

Next generation lawyers

Carolina Cabrera - Barros & Errázuriz

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Tax
Tax - ranked: tier 1

Barros & Errázuriz

Barros & Errázuriz’s ‘highly accurate team’ is recommended for its design and implementation of national and international tax structuring strategies; other areas of strength include defending tax claims and litigation before the Internal Revenue Service, as well as in court; and due diligence for corporate mergers, acquisitions and purchases, and public and private bids. The practice advises Chilefilms, an audio-visual conglomerate, with its tax structure in Chile; assists regional private equity Linzor Capital Partners, which focuses on Latin America’s mid-market, with its tax issues; and provides Harvard Management Company with tax advice on investment and financing structures in Chile. Contentious highlights include acting for Compañía Puerto Coronel in a land tax claim before the tax courts. Fernando Barros, Carola Trucco and María Teresa Cremaschi are the names to note, while the key senior associates are Tomás Kovacevic and Evelyn Sepúlveda.

Leading lawyers

Fernando Barros - Barros & Errázuriz

Next generation lawyers

Evelyn Sepúlveda - Barros & Errázuriz

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Chile: Energy and natural resources

Electricity/oil and gas
Energy and natural resources: electricity - ranked: tier 2

Barros & Errázuriz

Barros & Errázuriz advises on energy contracts, regulatory issues, project finance and dispute resolution. The team has particular expertise in acting for generation and transmission companies and is also noted for its experience in the renewables sector, where it has advised on a range of hydroelectric, wind and solar-energy projects. Headline matters saw Fernando Garrido lead a team advising Interconexión Eléctrica (ISA) on all aspects - regualtory, contractual, electrical, environmental etc.- of the development of the $1.2bn Cardones-Polpaico transmission line. Name partner José Tomás Errázuriz is also a key contact, and Cristóbal Pellegrini is a well-regarded senior associate.

Leading lawyers

José Tomás Errázuriz - Barros & Errázuriz

Next generation lawyers

Cristóbal Pellegrini - Barros & Errázuriz

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Further information on Barros & Errázuriz

Please choose from this list to view details of what we say about Barros & Errázuriz in other jurisdictions.

Chile

Offices in Santiago

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