Cariola Díez Pérez-Cotapos > Santiago, Chile > Firm Profile
Cariola Díez Pérez-Cotapos Offices
AV. ANDRÉS BELLO 2711, 19TH FLOOR
Cariola Díez Pérez-Cotapos > The Legal 500 Rankings
Chile > Corporate and M&A Tier 1
Cariola Díez Pérez-Cotapos' hefty 48-strong department is consistently sought out for its expertise in joint venture, private equity and venture capital deals; the acquisition of private and public companies (at both domestic and cross-border levels); complex corporate mergers and spin-offs; and corporate restructuring transactions (with and without change of control). The full-service practice showcases several experienced partners, including Francisco J Illanes (M&A, restructuring and shareholder agreements); corporate law and contracts specialist Sergio Díez; Cristián Herrera (corporate law, foreign investment and securities regulations); and Andrea Saffie (partner as of 2020); both she and Gerardo Varela are 'notable for their knowledge of M&A and corporate matters'. Also integral to the team are corporate, commercial, real estate and M&A expert Juan Pablo Matus; mining specialist Carlos Pérez-Cotapos; recently promoted corporate and real estate partner Tomás Vidal; José Luis Letelier, who has over 30 years' business and corporate law, M&A and foreign investment experience; co-head of the natural resources and mining group Gonzalo Grez; and highly experienced senior counsel Sebastián Obach. Further key support is provided by senior associates María Francisca Salas, whose broad practice includes advice on fishing and aquaculture, energy and health issues, and M&A adviser Sergio Balharry. Former partner Pedro Lluch left for EY Law in June 2020.
José Luis Letelier; Francisco J Illanes; Sergio Díez; Gerardo Varela; Cristián Herrera; Juan Pablo Matus; Carlos Pérez-Cotapos; Gonzalo Grez; Andrea Saffie; Tomás Vidal; Sebastián Obach
‘There is great commitment from the lawyers to the work and they understand clients’ needs perfectly.‘
‘Total involvement in the client’s company, beyond the specific legal needs, to understand how it works and the environment, so as to provide complete solutions.‘
‘Knowledge of various specialities and the client’s business. Without a doubt, expert lawyers in their fields with great professional capacity – additionally, they are great people!‘
‘An excellent team, with the right perception of clients’ needs and the ability to work as a business partner with the internal legal team.‘
‘Cariola has a great corporate team and is generally at the top of our list for transactions in Chile. What distinguishes Cariola is its practical and realistic vision of matters, and it is the quality of the service and the precision of the advice that make them stand out.‘
‘Very good lawyers with deep knowledge of the industry, and very clever in business matters. I really like their practical advice, which comes with commercial vision.‘
‘Multidisciplinary team with excellent lawyers in all areas. In M&A, their dedication and availability to give priority attention to our affairs stand out.‘
‘Juan Pablo Matus is a highly experienced partner, and Gerardo Varela and Andrea Saffie are both notable for their knowledge of M&A and corporate matters.‘
Pontificia Universidad Católica de Chile
- Advised Chilean-listed corporation Soprole Inversiones on a proposed merger with Sociedad Procesadora de Leche del Sur.
- Advised Sandvik on an agreement to acquire global mining-suport serices company DSI Underground from Triton for €943m.
- Advised Banmédica, through its subsidiary Banmédica Internacional, on the agreement to purchase all of HDI Seguros de Vida’s shares.
With longstanding mining sector expertise, Cariola Díez Pérez-Cotapos' seven-member department fields a 'highly skilled and experienced team for all mining-related legal issues'; the practice assists a vast array of international and local clients with mining companies' M&A deals, worksite closures, and the exploration, development, financing and operation of mining projects. Recent highlights include advising Bergbau Wagen on a lease agreement executed with Sierra Atacama, which concerned 64 exploitation mining concessions for the Sierra Miranda Project in Mejillones. The team's principal practitioner is the 'excellent' Carlos Pérez-Cotapos, who consistently leads work teams on foreign mining investment projects, mining-related M&A and related financings. His fellow partner, Gonzalo Grez, has particular contracts expertise, including mining hi-tech agreements and other sub-sectors involving the mining chain, communities, land access and cross-border transactions. Senior associates Cristóbal Herrera and Manuela Noguera, along with associates Patricio Turner and María Belén Fuenzalida, all handle mining and natural resources law work.
Carlos Pérez-Cotapos; Gonzalo Grez
‘Highly skilled and experienced team for all mining-related legal issues.‘
‘Well connected, and with a sense of the needs of both local and international clients.‘
‘Great for availability and superior advice.‘
‘Good team with practical experience for mining transactions.‘
‘We feel supported every step of the way. Apart from the “to-be-expected” skills of a legal adviser, the practice’s availability and negotiation skills make Carlos Pérez-Cotapos and his team a valuable asset for our company.‘
‘Carlos Pérez-Cotapos has been an excellent legal adviser over the years.‘
‘Carlos Pérez-Cotapos and senior associate Cristóbal Herrera are both excellent.‘
Minera Ricardo Resources
Planta Recuperadora de Metales
- Advised Bergbau Wagen on a lease agreement executed with Sierra Atacama, in relation to 64 exploitation mining concessions for the Sierra Miranda Project in Mejillones (Antofagasta).
- Advised Cordillera on obtaining four legal mining easements over an area of approximately 100 hectares of land.
- Advised Sandvik on the acquisition of DSI Underground Cordillera, which included due diligence on the target’s Chilean assets.
Chile > Real estate Tier 1
'A great asset when looking for real expertise', the eight-strong department at full-service Cariola Díez Pérez-Cotapos is 'second to none' in the Chilean market for its advice on major real estate M&A deals, including the purchase and sale of large shopping malls, office buildings, and utilities' real estate assets. It is also highly experienced in major projects involving industrial plants, shopping malls and large IT premises, and consistently sought out for its assistance with urbanism and territorial development-related regulations, long-term lease agreements, and construction issues involving industrial, commercial and energy projects. Juan Pablo Matus, whose broad practice includes major real estate projects is 'an excellent lawyer and negotiator'; and promoted to partner in 2020, the 'very responsive' Tomás Vidal's 'substantive experience' includes advising foreign funds on the acquisition of office buildings in Chile and the management of condominiums. At associate level, the practices of Mónica Pavez and Daniela Fierro include real estate assistance to local and foreign companies.
Juan Pablo Matus; Tomás Vidal
‘Cariola’s expertise in M&A and real estate matters in Chile is second to none.‘
‘All of their attorneys are highly educated and have worked on several of the largest and most sophisticated deals in the country, which makes them a great asset when looking for real expertise.‘
‘Juan Pablo Matus is an excellent lawyer and negotiator.‘
‘Tomás Vidal is very responsive, has substantive experience and is very well organised. He is also a good communicator and does a great job at identifying high-risk/high-importance points (business and commercial), and separating them from less relevant issues during diligence/negotiations.‘
Container Operators (Contopsa)
Maersk Container Industry
- Advised Dopplemayr on the development of a bicentennial cable car project.
- Advised Ripley on the transfer of assets (including stores), further to the merger of subsidiaries, as well as the negotiation of extensions and amendments to long-term lease agreements with several malls.
- Assisted Levi Strauss with reviewing and negotiating lease agreements for new stores in Chile.
Chile > Banking and finance Tier 2
Cariola Díez Pérez-Cotapos' ten-member banking and finance practice focuses on structuring cross-border loans, inclusive of tax analysis. Other areas of strength are project finance involving the mining, energy and infrastructure sectors; acquisition and corporate financings; corporations' restructurings; secured financing for agriculture producers and fish farming operations; and derivatives and trade finance. The team also maintains a robust regulatory practice. The departmental co-heads are Francisco Illanes, whose broad practice includes restructuring and creditor agreements; Rodrigo Sepúlveda (project finance and syndicated loans); and Juan Antonio Parodi, who assists with finance structuring, establishing guarantees, negotiating loan documents and project finance. Among the associate ranks, senior Sergio Balharry and intermediate Cristóbal Morales are noted. However, senior Florencia Grez moved to MBC Abogados in June 2021.
Francisco Illanes; Rodrigo Sepúlveda; Juan Antonio Parodi
‘The team, led by Juan Antonio Parodi, is of a very high technical standard and very available to its clients.‘
‘When they work for a client’s company, they act as if the company were their own.‘
Inter-American Investment Corporation
Inter-American Development Bank
Banco Nacional de Desenvolvimento Econômico e Social
Banco de Crédito e Inversiones
Soltec Energías Renovables
BHP (Minera Escondida)
- Advised DNB Bank (as mandated lead arranger, original lender, original hedge counterparty, issuing bank and agent) on the restructuring of a $65m multi-currency revolving facility agreement.
- Advised Inter-American Investment Corporation and the Inter-American Development Bank (as lenders) on a $125m financing granted to Chilean stock corporation Engie Energía Chile for the development, construction, operation and maintenance of a renewable energy project.
- Advised Esmax Distribución on the implementation of its corporate reorganisation and financing restructuring, which involved a credit facility restructuring.
Cariola Díez Pérez-Cotapos' 11-member practice has substantial experience in merger control matters, as well as notable strengths in cartel and abuse of dominance cases. It also has particular retail industry expertise as a result of the firm's large base of consumer goods clients, while -leveraging the firm's strong IP practice- the department has also developed expertise in the interplay between competition law and IP rights. Practice head Juan Cristóbal Gumucio, whose 'knowledge and business-oriented approach are impressive', assists with merger control, cartels and unilateral conduct, and compliance programmes. The associates to note are Camila Rojas, who has a 'great future in antitrust' and focuses on merger controls; and Catalina González who handles merger control and compliance matters. However, former partner Pedro Lluch and associate Elías Astudillo moved to EY Law in July 2020.
Juan Cristóbal Gumucio
‘Very deep knowledge of the rules regulating antitrust law.’
‘The antitrust team is excellent and they manage to understand clients’ operations in detail – totally recommended!‘
‘A highly specialised team in this field and very competitive in relation to other firms that work in free competition.‘
‘Accredited experience in processing not only judicial, but also administrative matters before Chile’s FNE.‘
‘What makes it unique is the professionalism and dedication of its lawyers; they are dedicated to this branch of law, and maintain direct and permanent contact with the client until the matter is fully closed.‘
‘What differentiates them from other lawyers is that they are always up to date with the current regulations on competition and antitrust, as well as having extensive experience in cases and trials, which allows them to give answers that are not only theoretical, but based on jurisprudence.‘
‘Juan Cristóbal Gumucio is an excellent lawyer, whose knowledge and business-oriented approach are impressive.‘
‘Associate Camila Rojas has proven to be very competent in this area and very committed to clients; she has a great future in antitrust.‘
The Coca-Cola Company
Cámara Innovación Farmacéutica
Acceso y TV
Caja Compensacion Los Andes
Enel Green Power
- Successfully assisted Warner Media with an FNE investigation into its acquisition of a minority stake (owned by OCI) in HBO LAG.
- Defending CDF against an FNE’s abuse of dominance lawsuit, which is likely to set precedents on unilateral conduct.
- Defended Banmedica against an FNE lawsuit for alleged breach of its obligation to notify regarding a minority stake in a competitor.
‘Undoubtedly lawyers trained at the best universities, not only in Chile but in the world.‘
‘Lawyers prepared at the highest level and with a lot of experience.‘
- Advised Enel on the implementation of the Enel X project, a marketplace where a variety of products and services are offered to consumers.
- Advising Google on regulatory compliance for its advertising platforms and also in relation to the advertising of its products and services, including representation before the Consumer Protection Authority on several occasions.
- Assisting Fonterra subsidiary Soprole with all its advertising matters.
Chile > Data privacy Tier 2Extremely focused on data privacy matters, the six-strong practice at Cariola Díez Pérez-Cotapos is ‘fully up to date with international standards‘; and in 2019, the firm entered into an alliance with the Chilean branch of ‘Big Four’ professional services network KPMG, so as to facilitate data protection-related legal, compliance and audit services. A member of the data privacy expert board at the Confederation of Production and Commerce, Rodrigo Lavados (who also works on IP matters) leads the firm’s technology, privacy and media group. At senior associate level, Felipe Fernández advises clients such as Google, Coopeuch and IBM (on a daily basis) regarding data privacy matters, while Gabriel Pensa‘s practice also includes data protection issues. Since publication, Fernández has left for Ernst & Young (Santiago) - effective December 2021.
‘They are very up to date with the regulations and the most relevant cases.‘
‘Cariola’s data privacy team has mastery not only of the legal side, but is fully trained to understand the challenges arising from technological advancement.‘
‘Comprehensive vision, capacity for collaboration with other disciplines, and strategic perspective based on strong legal and technical knowledge.‘
‘Fully up to date with international standards.‘
‘Rodrigo Lavados stands out both for his knowledge of matters and his way of working, which means he is very pleasant to work with.‘
Caja los Andes
- Assisted BHP with the implementation of an app that allows the determination of the location of employees on mining sites (to ensure a safe and healthy work environment within the context of Covid-19).
- Advised Banmedica on the regulations surrounding the use of medical records in an interoperable platform, which will allow medical data sharing among health providers on its network.
- Assisting KPMG (on behalf of Banco Santander) with a company-wide assessment of its personal data processing status.
Composed of 'highly-trained trial lawyers', Cariola Díez Pérez-Cotapos' diverse and inclusive 18-strong team has an impressive litigation track-record in relation to environment law, energy, mining, securities and tax, along with construction and insurance cases, competition matters, consumer protection and class action defences. Veteran practitioner and head of litigation, Florencio Bernales 'works very hard to have the best strategy'. He is flanked by fellow partners Fernando Urrutia, an expert in construction cases and insolvency-related proceedings; Raimundo Moreno, a civil litigation and arbitration specialist; and Jorge Boldt, who heads the white-collar and compliance practices. Notable senior associates include José Ignacio Azar (formerly a foreign attorney at Debevoise & Plimpton LLP) and Trinidad Torres, who regularly acts alongside Bernales. (Former litigation associate José Manuel Donoso has moved to the firm's corporate and competition departments).
Florencio Bernales; Fernando Urrutia; Raimundo Moreno; Jorge Boldt
‘We choose them for the extremely complex cases.‘
‘A team of excellent professionals, solidly trained, capable, and with an easy and pleasant manner.‘
‘They have very good legal training and a great understanding of the client’s needs.‘
‘The Cariola law firm has highly trained trial lawyers, both in knowledge of the regulations and in research matters, which they express in a very correct and satisfactory way in each of the disputes for which they are hired.‘
‘They deliver very accurate and fast information.‘
‘Renowned lawyers in litigation matters, such as Florencio Bernales, Jorge Boldt and senior associate Trinidad Torres, who are always willing to align the interests of the client with those of a solid defence and strategy.‘
‘We had a very good experience with Florencio Bernales, who works very hard to have the best strategy – and obtains results.‘
‘Florencio Bernales is an excellent litigator.‘
Larraín Vial (Corredora de Bolsa)
Summer Walker Tompkins
Empresa Nacional de Energía
Toronto Capital Group
- Currently representing (in relation to the headline Cascadas case) Larrain Vial in civil claims filed against the Securities and Insurance regulator (SVS), requesting the reversal of SVS fines.
- Acted for Google in several constitutional actions filed during 2020 and 2021, which were based on alleged violations of honour, privacy, the right to emotional well-being, and the so-called right to be forgotten.
- Defended Minera Cerro Colorado (as co-counsel) against challenges to its environmental authorisation.
Chile > Environment Tier 2
The five-member department at Cariola Díez Pérez-Cotapos is well known for its environmental law advice on the development of industrial and telecoms facilities. Recent work includes assisting with environmental assessment requirements, defending environmental permits and environmental damage claims, along with transactional due diligence and regulatory matters. The practice is co-lead by Martín Astorga, who specialises in natural resources, water law, atmospheric emissions, EIA matters and territorial planning; and energy, environmental and regulatory expert Gonzalo Jiménez, who also leads the firm's regulatory law practice. Key associate assistance comes from senior, Verónica Cuadra.
Martín Astorga; Gonzalo Jiménez
‘Its experience in environmental issues is very evident.‘
‘Excellent criteria when defining courses of action before the authorities.‘
‘Without a doubt, lawyers with a significant level of specialisation and knowledge of multiple complementary subjects.‘
‘Great experience and preparation.‘
‘The availability and attention received from Martín Astorga stands out.‘
Junta de Vigilancia de la Primera Sección del Río Aconcagua
B Braun Medical
- Assisted IANSA with the request for an environmental evaluation of a plant in Chillán, which was issued by the Superintendence of the Environment.
- Advised Enel on the end of the useful life of its power plants (within the framework of the EIA system).
- Assisted ATCO Chile with the due diligence on a 60MW hydropower plant in the O’Higgins Region, which was part of the purchase of special purpose vehicle, Hidroeléctrica El Paso.
Ricardo Tisi; Bárbara Zlatar
‘Without a doubt, these are lawyers who are very prepared and experienced.’
‘Ability to provide advice on multiple issues.’
‘Great experience and with a lot of capacity.’
‘Practical and reasonable solutions.’
‘Great for their ability to respond to business requirements, which makes them extremely efficient.’
‘Ricardo Tisi provides strong leadership.’
IBM de Chile
International Paper Cartones
Hasbro Latin America
- Advised Soprole on two collective bargaining processes.
- Assisted Prolesur with a collective bargaining negotiation process.
- Advises IBM de Chile’s internal legal department on a day-to-day basis, in relation to labour matters.
Fielding seven partners, Cariola Díez Pérez-Cotapos' large practice is consistently sought out for major energy and mining projects, as well as for its assistance with significant infrastructure and real estate work. In energy projects, the group's expertise includes greenfield matters, while in projects and infrastructure it acts for a diverse range of entities, including multinational mining companies and industrial clients. The principal figures are Carlos Pérez-Cotapos (foreign investment projects); managing partner Juan Pablo Matus, whose broad practice includes real estate and infrastructure projects; M&A specialist Cristián Herrera; natural resources and mining co-head Gonzalo Grez; regulatory law department head Gonzalo Jiménez; and Rodrigo Sepúlveda, whose broad practice includes project finance. Growth in the department includes the elevation of Tomás Vidal (commercial, corporate and real estate advice) to the partnership in 2020.
Carlos Pérez-Cotapos; Juan Pablo Matus; Cristián Herrera; Gonzalo Grez; Gonzalo Jiménez; Rodrigo Sepúlveda; Tomás Vidal
Compañía Minera Cordillera Chile
- Assisted Doppelmayr-Garaventa Group in relation to the development of a concession for the bicentennial cable car project.
- Advised Google on obtaining an experimental telecoms concession to land a submarine cable between the US’ San Francisco and Chile’s Valparaiso.
- Advised Compañía Minera Cordillera Chile on obtaining legal mining judicial easements over an area of approximately 100 hectares of superficial land for the protection and development of mining pits, and the construction of a storage facility (among others).
Chile > TMT Tier 2Known for its strong technology background, Cariola Díez Pérez-Cotapos‘ 14-member group consistently assists major IT, telecoms, media and internet companies with their investments, joint ventures, transactional IP and litigation; it also has a robust regulatory practice in relation to IT and media projects, and is well known for its expertise in data processing, and large infrastructure projects involving technology components and corporate issues. Rodrigo Lavados (who also works on IP matters) leads the technology, privacy and media group alongside Francisco Illanes, who also heads the financial, banking and capital markets department. Additionally integral to the group are litigation and arbitration specialist Raimundo Moreno and banking and finance expert Juan Antonio Parodi. The department houses several associates, including Felipe Fernández, Gabriel Pensa and Cristóbal Morales. Since publication, Fnerández has left the firm for Ernst & Young (Santiago), effective December 2021.
Rodrigo Lavados; Francisco Illanes; Raimundo Moreno; Juan Antonio Parodi
Polla Chilena de Beneficencia
Chilevision (Television Broadcasting Company)
- Assisted with reaching an agreement with ATN, which acts for directors and scriptwriters in relation to IP rights.
- Successfully advised Banco Santander on its implementation of electronic and digital contracting.
- Advised HBO on the regulatory legal framework that is applicable to streaming and OTT services.
Enjoying excellent relationships with major local banks and financial institutions, Cariola Díez Pérez-Cotapos' seven-strong insolvency department draws upon the expertise of in-house bankruptcy proceedings specialists, along with financial restructuring, tax and labour law practitioners, litigators, and white-collar crime experts. The co-practice heads are Raimundo Moreno, whose experience includes several reorganisation and liquidation proceedings (including pre-judicial negotiations in financial distress situations); and Fernando Urrutia who 'gets directly involved' and whose complex litigation practice includes reorganisations and bankruptcy. At associate level, José Pedro Villablanca and José Miguel Flores are key practice members from the litigation and arbitration department, while Sergio Balharry is active on the banking, finance, capital markets and corporate/M&A side.
Raimundo Moreno; Fernando Urrutia
‘Cariola’s attorneys have demonstrated extensive knowledge and experience in corporate liquidation and bankruptcy issues.‘
‘Cariola’s insolvency team is made up of lawyers who are very solid in their knowledge of both procedures and how to act before the courts.‘
‘A very complete team with both young lawyers (including women in the team, which is not very frequent) and seniors who are very prepared; and the partner with whom we work is personally involved in all cases.‘
‘Fernando Urrutia stands out for both his theoretical knowledge of liquidation processes and how they are handled in court.‘
‘Fernando Urrutia gets directly involved, which gives a lot of confidence to the client, not only because of the solid knowledge transmitted but also because of the strategies discussed and explained to the client – this is highly valued.‘
Finameris Servicios Financieros
Banco de Chile
B Braun Medical
- Acted on behalf of 22 Banmédica-related companies in a reorganisation proceeding initiated by private health insurance company Isapre Masvida.
- Acted for Finameris Servicios Financieros in relation to the insolvency of Innovaciones Forestales, a wood processing company, and related party Forestal Los Acacios.
- Acted for Banco de Chile in Latam Airline’s Chapter 11 reorganisation proceeding before the United States Bankruptcy Court, as well as in the application for recognition of foreign bankruptcy proceedings in Santiago.
Chile > Capital markets Tier 3
Cariola Díez Pérez-Cotapos fields a 10-strong team that assists investment banks, financial advisers, investors and issuers with private and public debt and equity securities offerings in both Chile and abroad, including IPOs, 144As, Reg S work and private placements. The practice co-heads are the widely respected partners Francisco J Illanes (M&A, banking and finance, capital markets and telecoms); Rodrigo Sepúlveda (issuance of debt and capital instruments, syndicated loans and other financial transactions); and Juan Antonio Parodi (securities issuances). Key associate support comes from, senior Sergio Balharry; however, former senior associates Marco Antonio Aravena and Florencia Grez moved to Mercado Libre and MBC Abogados, in January and June 2021, respectively.
Francisco Illanes; Rodrigo Sepúlveda; Juan Antonio Parodi
Empresa de los Ferrocarriles del Estado
Compañía Cervecerías Unidas
Empresa de Transporte de Pasajeros Metro
Enel Generación Chile
Principal Financial Group
Inversiones Transfield Services (Chile) Holdings
Credit Suisse Securities
Rentas e Inversiones Baker
- Advised Banvida on a capital increase for approximately $45m, its registration with the Chilean securities regulator, and a two-step preemptive rights offering and placement in the local market.
- Advised Ripley Corp and Ripley Chile on the registration and issuance of two notes programmes in the Chilean capital markets.
- Advised Empresa de los Ferrocarriles del Estado (Chilean state-owned railway company) on the registration and issuance of a guaranteed, long-term notes programme in the Chilean capital markets.
Chile > Compliance Tier 3
Cariola Díez Pérez-Cotapos' multi-disciplinary, four-member team consistently works alongside the firm's tax, IP, labour, regulatory and litigation departments. Representative work includes advising on the prevention of (or response to) criminal and administrative infringements, in relation to internal fraud, prosecuting authorities' interrogations, and the defrauding of third parties; the practice also assists with the implementation and monitoring of compliance models. In addition to heading the firm's white-collar practice, the 'highly recommended' Jorge Boldt (a partner since 2018) is the lead compliance adviser; key support is provided by associate Lorena Avendaño.
‘Great knowledge of various matters that can cause risks and losses to companies.‘
‘Undoubtedly highly trained people.‘
‘Jorge Boldt is highly recommended and has great availability.‘
‘Jorge Boldt is great for his handling of various matters that help reduce risks, and he provides fast and reliable solutions.‘
- Advised Coca-Cola Chile on criminal liability prevention matters.
- Assisted B Braun with the improvement and certification of its compliance programme, in accordance with Chilean law.
Arbitration work represents approximately 60% of the work conducted by Cariola Díez Pérez-Cotapos' 'outstanding' dispute resolution department. The 18-strong team (including two partners who are listed as CAM Santiago arbitrators) has longstanding experience in complex arbitration concerning international infrastructure disputes, mining company-related energy supply contracts, and shareholder disputes, among other matters. The practice has four co-heads: litigation head Florencio Bernales, who undertakes arbitration in addition to his national and international litigation caseload; construction and insolvency expert Fernando Urrutia; Raimundo Moreno, whose experience includes ICSID investment arbitrations; and business litigation and arbitration specialist Jorge Boldt. Key support comes from senior associates José Ignacio Azar and Trinidad Torres.
Florencio Bernales; Fernando Urrutia; Raimundo Moreno; Jorge Boldt
‘Cariola’s legal team is outstanding; they have the internal analytical capacity to pre-empt scenarios and alternative courses of action during disputes.‘
‘They always surprise me, as the results are so good.‘
‘Its strong point is having a large and consolidated team with extensive legal experience.‘
‘They are capable of covering many and varied areas of litigation simultaneously – and with excellent results.‘
‘Correct strategy for each case and the correct initial evaluations of cases, which are then ratified by the resolutions of the arbitrator at each stage of the arbitration.‘
‘Florencio Bernales has great experience in complex litigation.‘
‘Fernando Urrutia’s skills are his commitment to the client’s cause.‘
‘Associate Trinidad Torres has, in a short time, shown great ability in this area.’
Planta Recuperadora de Metales
Arnold & Porter Kaye Scholer
- Retained by Arnold & Porter Kaye Scholer, as local counsel, in an investment arbitration.
Cariola Díez Pérez-Cotapos' 'high-quality, multidisciplinary team is constantly up to date with trends and legal changes'. The firm's white-collar practice is firmly intertwined with the compliance practice, consistently advising on criminal matters and administrative infringements, including internal fraud and prosecuting authorities' investigations. In addition to his broad arbitration and litigation practice, the 'very remarkable lawyer', Jorge Boldt, heads the firm's white-collar group.
‘Lawyers with quick and efficient responses, which allow coverage of all risk scenarios.‘
‘They are always available and give answers that leave you calm about the risks.‘
‘Reliable in their comments with accurate appraisals.‘
‘High-quality, multidisciplinary team that is constantly up to date with trends and legal changes.‘
‘Excellent use of resources without compromising quality.‘
‘Jorge Boldt is a very remarkable lawyer.‘
- Assisted Connors with filing a criminal action in relation to the Inverlink (financial group) fraud.
- Acted for Lego in criminal cases against importers of falsified products.
- Assisted Honda with filing a criminal action which concerned the unauthorised commercialisation of motorcycles.
The six-member team at Cariola Díez Pérez-Cotapos is widely respected for its experience in greenfield renewable energy projects, such as mini-hydro plants and solar and wind farms; and it regularly assists major mining companies and industrial clients seeking guaranteed large blocks of energy through PPAs. Experienced partner Gonzalo Jiménez (litigation involving energy and fuel supply contracts) leads the practice, which also fields Sergio Díez, who has vast experience in wind farm greenfield projects; and Martín Astorga, who is highly regarded for his experience in the environmental aspects of energy projects. At associate level, senior Verónica Cuadra advises on electricity and environmental regulation.
Metro de Santiago
Celulosa Arauco y Constitución
Nutreco – Skretting
- Advised ATCO on its strategy to adapt a greenfield solar-power plant project to existing zoning restrictions.
- Acted for BO Paper, a producer and seller of paper for newspapers in Chile, in an arbitration against AES Gener for the termination of a PPA.
- Advised Shandong Gold on the negotiation of a PPA between Minera Andina del Sol (Argentina) and Compañía Minera Nevada (Chile), a subsidiary of Barrick Gold, which involved the sale, purchase and exportation of energy.
Chile > Public law Tier 3
Full-service firm Cariola Díez Pérez-Cotapos has longstanding public law expertise that is historically geared towards heavily regulated industries, such as gas distribution, energy generation, transmission and distribution, water regulations and telecoms. The practice has also expanded to cover administrative procedure-related constitutional actions in areas such as securities and food and beverage regulations, and education. The five-strong department, which covers regulatory law (including administrative/constitutional law and energy and environmental law), is co-led by Gonzalo Jiménez, whose experience includes advising electricity consumption companies on tender processes; and environmental and regulatory law expert Martín Astorga, whose practice includes sanctions proceedings. Senior associate Verónica Cuadra, along with associates Miguel Ortiz and Raúl Alvarez, complete the team.
Gonzalo Jiménez; Martín Astorga
Dufry Group – Aldeasa Chile
Chilean Association of Subscription TV Operators (Acceso TV)
- Assisted Banco del Estado de Chile with an opinion regarding its agreements with certain municipalities, further to a public bid for the provision of banking services.
- Assisted Banco del Estado de Chile (BEC) with an opinion regarding the actions taken by certain municipalities that entered into banking services contracts with third parties, despite having an exclusivity clause with BEC.
- Advised Dufry on the application of force majeure principles to administrative agreements, and the remedies available.
Chile > Venture capital Tier 3
A practice area of recent development for Cariola Díez Pérez-Cotapos, its team advises entrepreneurs and emerging private companies on every stage of growth, corporate governance, long-term service agreements, and the transformation of ideas into successful ventures. The team also has particular expertise in associated areas, such as the development of new technologies, IP, data privacy and corporate law. IP and IT specialist Rodrigo Lavados heads the firm’s IP, technology, privacy, start-up and VC teams, which include senior associate Ernesto Eckholt, who is experienced in the structuring, formation, organisation and operation of VC matters.
Krealo (Credicorp branch)
- Advised Datamart, a Chilean fintech, on an ongoing basis, including preparing a strict compliance by design methodology on financial and data privacy aspects.
- Assisted qScire, which developed the technology (using quantum physics) for integrated circuits, with the protection and exploitation of its IP in Chile and abroad.
- Advised PSINet on the IP aspects of an IA system, which predicts the likelihood of accidents in a mine.
Chile > Insurance Tier 4
Cariola Díez Pérez-Cotapos is regularly sought out for its representation of large industrial and commercial clients during their claims against insurance companies, particularly in relation to policies covering construction, mining, commercial stores and distribution centres. The team's expertise ranges from loss adjustment procedures to negotiations and litigation with insurance companies. It also assists with reviewing insurance policies and insurance programmes, as well as the development of new business, drafting insurance distribution agreements, and insurance M&A. Litigation head Florencio Bernales is an insurance disputes expert; Tomás Vidal (a partner as of January 2020) advises on insurance policy-related negotiations; and associate Trinidad Torres assists with insurance policy-related lawsuits.
Florencio Bernales; Tomás Vidal
‘High levels of proactivity and involvement with the company’s internal teams.‘
‘Total clarity about who is leading the client relationship and the case; but at the same time they maintain a lot of co-ordination and advice between different areas and the people on the team.‘
‘Much more flexible and organised than other firms.‘
‘Impeccable technical quality with absolute clarity about what they intend to do and the different paths available, as well as the benefits, risks and costs.‘
‘Technical excellence with knowledge of the case in hand.‘
‘Availability to explain, update and resolve doubts.‘
Marsh (Corredores de Seguros)
Guy Carpenter (Corredores de Reaseguros)
Isapre Vida Tres
Campbell Global Timber Fund
Campbell Global Timber Partnership
Enel Distribución Chile
- Advised Banmédica (and its affiliate Banmédica Internacional) on the acquisition of all the shares of Chilean life insurance company, HDI Seguros de Vida, which included reviewing the insurance policy templates used by the company.
- Assisted Ripley Corp in relation to the social unrest that occurred in Chile in October 2019, including advising on the insurance coverage for damage suffered by several stores (either by fire or looting).
- Advised Banco Ripley, and its affiliate Corredora de Seguros Ripley, on several regulatory matters, arising from recent changes introduced in to the insurance sector.
Chile > Tax Tier 4
Leveraging off the firm's substantial litigation and corporate practices, Cariola Díez Pérez-Cotapos' five-strong team fields 'extraordinary lawyers' who are highly active in tax disputes, including audit procedures; advising local and international clients on a daily basis; and assisting with the tax structuring of M&A and finance transactions. Recently appointed director of the International Fiscal Association's Chilean branch, Javier Cerón (a partner since 2018) heads the tax practice, which includes tax law associate María Paz De Carcer.
‘Cariola is a Class A firm in Chile.‘
‘Javier Cerón’s day-to-day support for the business is essential; he and his team are extraordinary lawyers and we are very happy to work with them.‘
‘Javier Cerón makes the difference.‘
Pontificia Universidad Católica de Chile
Automatic Data Processing
- Advised Chilean listed corporation Soprole Inversiones on the tax aspects of a proposed merger with Sociedad Procesadora de Leche del Sur.
- Advised Pontificia Universidad Catolica on the tax aspects of the transfer of the Museo de Artes Visuales and its collection.
Cariola Díez Pérez-Cotapos > Firm Profile
Cariola Díez Pérez-Cotapos (Cariola) is Chile’s leading law firm with more than 96 attorneys and a multidisciplinary team of supporting staff of approximately 250 people. As a full-service firm, Cariola Díez Pérez-Cotapos always adds value to every client through all of the available areas of practice: general corporate; mergers and acquisitions; mining and natural resources; environmental; banking, finance, project finance and capital markets; constitutional law; regulatory law; tax; antitrust and competition; labor, social security and immigration; litigation and arbitration; white-collar and compliance; energy (hydro, solar, wind, biomass, thermal, geothermal); oil and gas; transportation and infrastructure; technology, privacy and media; hotels, resorts and casinos; aquaculture and fisheries; intellectual property; real estate and urban development; insurance; insolvency; family offices and holdings and venture capital.
Cariola is proud of being one of the top firms in Chile due to its local and international experience. The firm has been advising international and foreign large and mid-sized companies in different transactions for more than 50 years; many of those companies are still very committed as clients. The firm frequently joins international working groups in connection with acquisitions, due diligence, project work, tax planning, corporate compliance, antitrust and litigation. Cariola also outstands in advising foreign investors, foreign banks and financial institutions carrying out financial transactions and/or structuring project financing in Chile. The firm’s lawyers are accustomed to working in close co-ordination with in-house legal counsel of international corporations and international law firms.
Cariola has also created an extensive network of international contacts currently in more than 250 cities in 80 countries to provide a broader global vision. This allows our lawyers to develop an international legal practice, focusing on acquiring global skills and a disruptive mindset in which teamwork is essential for co-creating the expertise of each area.
Cariola’s lawyers are trained to be proactive in the best interest of clients, especially those based abroad. They are on top of legal and business developments and provide information on changes in the legal framework and policies, informing on the effects that these changes might have for clients and their projects.
The partners and associate lawyers of Cariola are outstanding practitioners and have gained recognition in the academic field by lecturing as professors in Chile’s most respected law schools and universities. The team are at least bilingual, and many members of the firm hold postgraduate degrees from universities in the US or Europe and have spent time abroad training at international law firms.
The firm has at least one partner in charge of an assigned case, leading a team of associate lawyers and specialized attorneys who provide the best solution across all areas of law. During a transaction, a leading partner works with the most experienced and specialized lawyers in their areas of practice, encouraging their specialty in the different areas and giving an excellent service to clients.
During the last few years, the firm’s Asia-Pacific practice has increased its presence in Asia-Pacific, especially in China, by organizing and participating in seminars and conferences in China and establishing contacts with Chinese authorities, chambers of commerce and other social and business organizations. In our client portfolio we are proud to have several Chinese companies, both state-owned and private, engaged in sectors of business such as mining, agroindustry, automotive, industrial and heavy machinery. In order to consolidate our relationship with Asian investors, our firm has created the Asia-Pacific practice through which we are prepared to conduct all the China- and Asia-Pacific-related transactions handled by our firm and to provide specialized services to our clients.
All intellectual property services are provided through our sister firm, Sargent & Krahn, which has been the top firm in this field in Chile ever since 1889. These services encompass: trademarks; patents, life sciences; utility models and industrial designs; pharmaceutical; copyrights; technology, privacy, cybersecurity and media; domain names; contracts; unfair competition and consumer protection; litigation; geographical indications; designations of origin and plant breeder’s rights.
|Antitrust / Competition||Juan Cristóbal Gumucioemail@example.com||+562 2368 3559|
|Banking, Finance and Capital Markets||Francisco J. Illanesfirstname.lastname@example.org||+562 2360 4040|
|Banking, Finance and Capital Markets||Rodrigo Sepúlvedaemail@example.com||+562 2360 4042|
|Banking, Finance and Capital Markets||Juan Antonio Parodifirstname.lastname@example.org||+562 2360 4048|
|Corporate and M&A||Francisco J. Illanesemail@example.com||+562 2360 4040|
|Corporate and M&A||José Luis Letelierfirstname.lastname@example.org||+562 2368 3588|
|Corporate and M&A||Sergio Díezemail@example.com||+562 2368 3583|
|Corporate and M&A||Carlos Pérez-Cotaposfirstname.lastname@example.org||+562 2368 3591|
|Corporate and M&A||Gerardo Varelaemail@example.com||+562 2368 3585|
|Corporate and M&A||Juan Pablo Matusfirstname.lastname@example.org||+562 2368 3588|
|Corporate and M&A||Cristián Herreraemail@example.com||+562 2368 3596|
|Corporate and M&A||Gonzalo Grezfirstname.lastname@example.org||+562 2368 3591|
|Corporate and M&A||Tomás Vidalemail@example.com||+562 2655 6078|
|Corporate and M&A||Andrea Saffiefirstname.lastname@example.org||+562 2368 3578|
|Energy||Gonzalo Jiménezemail@example.com||+562 2360 4047|
|Energy||Sergio Díezfirstname.lastname@example.org||+562 2368 3583|
|Environmental||Gonzalo Jiménezemail@example.com||+562 2360 4047|
|Environmental||Martín Astorgafirstname.lastname@example.org||+562 2360 4047|
|Intellectual Property||Alfredo Montaneremail@example.com||+562 2368 3557|
|Intellectual Property||Juan Pablo Egañafirstname.lastname@example.org||+562 2368 3554|
|Intellectual Property||Rodrigo Lavadosemail@example.com||+562 2368 3557|
|Intellectual Property||Eduardo Lobosfirstname.lastname@example.org||+562 2360 4038|
|Intellectual Property||Cristián Barrosemail@example.com||+562 2368 3511|
|Litigation and Arbitration||Florencio Bernalesfirstname.lastname@example.org||+562 2360 4006|
|Litigation and Arbitration||Fernando Urrutiaemail@example.com||+562 2655 6006|
|Litigation and Arbitration||Raimundo Morenofirstname.lastname@example.org||+562 2360 4006|
|Litigation and Arbitration||Jorge Boldtemail@example.com||+562 2655 6006|
|Labor Law, Social Security and Immigration||Ricardo Tisifirstname.lastname@example.org||+562 2360 4028|
|Mining and Natural Resources||Carlos Pérez-Cotaposemail@example.com||+562 2368 3591|
|Mining and Natural Resources||Gonzalo Grezfirstname.lastname@example.org||+562 2368 3591|
|Real Estate and Urban Development||Juan Pablo Matusemail@example.com||+562 2368 3588|
|Real Estate and Urban Development||Tomás Vidalfirstname.lastname@example.org||+562 2655 6078|
|Taxation||Javier Cerónemail@example.com||+562 2360 4028|
|White Collar and Compliance||Jorge Boldtfirstname.lastname@example.org||+562 2655 6006|
|Mr Martín Astorga||Partner – Environmental and Regulatory Law||View Profile|
|Mr Cristián Barros||Partner at Sargent & Krahn (Our IP sister firm) – Intellectual Property||View Profile|
|Mr Florencio Bernales||Partner – Litigation and Arbitration||View Profile|
|Mr Jorge Boldt||Partner – Litigation and Arbitration / White Collar and Compliance||View Profile|
|Mr Javier Cerón||Partner – Taxation||View Profile|
|Mr Sergio Díez||Partner – Corporate, M&A, energy, fisheries and aquaculture, Asia-Pacific, hotels, resorts and…||View Profile|
|Mr Juan Pablo Egaña||Partner at Sargent & Krahn (Our IP sister firm) – Intellectual Property||View Profile|
|Mr Gonzalo Grez||Partner – Mining and Natural Resources, Project Development and Communities, Corporate and…||View Profile|
|Mr Juan Cristóbal Gumucio||Partner – Competition / Antitrust||View Profile|
|Mr Cristián Herrera||Partner – Corporate, M&A, Foreign Investment and Infrastructure.||View Profile|
|Mr Francisco J Illanes||Senior Partner – Banking, Finance, Capital Markets, Corporate and M&A, Technology, Privacy…||View Profile|
|Mr Gonzalo Jiménez||Partner – Energy, Environmental and Regulatory law.||View Profile|
|Mr Rodrigo Lavados||Partner – Intellectual Property, Technology, Privacy and Media.||View Profile|
|Mr José Luis Letelier||Partner – Corporate /Mergers and Acquisitions/Foreign Investment||View Profile|
|Mr Eduardo Lobos||Partner at Sargent & Krahn (Our IP sister firm) – Intellectual Property||View Profile|
|Mr Juan Pablo Matus||Managing Partner – Corporate and M&A and Real Estate and Urban Development.||View Profile|
|Mr Alfredo Montaner||Partner at Sargent & Krahn (Our IP sister firm) – Intellectual Property||View Profile|
|Mr Raimundo Moreno||Partner – Litigation and Arbitration||View Profile|
|Mr Juan Antonio Parodi||Partner – Banking, Finance and Capital Markets||View Profile|
|Mr Carlos Pérez-Cotapos||Partner – Mining and Natural Resources,Projects, Energy, Corporate and M&A.||View Profile|
|Ms Andrea Saffie||Partner – Corporate, M&A, Family Offices and Holdings and Foreign Investment||View Profile|
|Mr Rodrigo Sepúlveda||Partner – Banking, Finance and Capital Markets, Securities and Foreign Investment.||View Profile|
|Mr Ricardo Tisi||Partner – Labor Law, Social Security and Immigration.||View Profile|
|Mr Fernando Urrutia||Partner – Litigation and Arbitration||View Profile|
|Mr Gerardo Varela||Partner – Corporate, M&A, Family offices and Holdings||View Profile|
|Mr Tomás Vidal||Partner – Corporate, M&A, Real Estate and Urban Planning and Insurance||View Profile|
Staff FiguresOther fee-earners : 76 Total staff : 250
LanguagesEnglish German French Italian Portuguese
OtherPartners : 26
- Banking and finance
- Competition and antitrust
- Consumer and advertising law
- Data privacy
- Dispute resolution: litigation
- Labour and employment
- Projects and infrastructure
- Bankruptcy, insolvency and restructuring
- Capital markets
- Dispute resolution: arbitration
- Dispute resolution: white-collar crime
- Energy and natural resources > Electricity and hydrocarbon
- Public law
- Venture capital