Mr Francisco J Illanes > Cariola Díez Pérez-Cotapos > Santiago, Chile > Lawyer Profile

Cariola Díez Pérez-Cotapos

Work Department

Banking, Finance, Capital Markets, Corporate and M&A, Technology, Privacy and Media.


Senior Partner  – Banking, Finance, Capital Markets, Corporate and M&A, Technology, Privacy and Media.


Francisco is our senior partner and joined our firm in 1987. He is the partner in charge of the Financial, Banking and Capital Markets Department, and is also responsible for the Technology, Privacy and Media areas. He has worked in the areas of finance, banking, capital markets, mergers and acquisitions and telecommunications. He has provided advice for several company acquisition operations, business reorganizations, disputes between shareholders and restructuring of businesses and creditor
agreements. He has also been director of several corporations. He also participates in the firm’s Arbitration and Mediation area.


Spanish, English and French.


Chilean Bar Association
American Bar Association
Officer of the International Bar Association
Legal Committee of Amcham Chile.


New York University, USA (MCJ, 1984).
Universidad de Chile (LLB, 1983). 
Specialized courses in foreign investment at Georgetown University and negotiation at Harvard University Law School.

Lawyer Rankings

Chile > Capital markets

Cariola Díez Pérez-Cotapos fields a 12-strong department that is led by experienced partners Francisco J Illanes, Rodrigo Sepúlveda and Juan Antonio Parodi. The group advises investment banks and financial advisers, investors and issuers on the private and public debt and equity offering of securities in both Chile and abroad, including IPOs and private placements. Notable support is provided at associate level by Sergio Balharry, Marco Antonio Aravena and Florencia Grez.

Chile > Corporate and M&A

(Leading individuals)

Francisco J IllanesCariola Díez Pérez-Cotapos

Fielding a 48-member team, Cariola Díez Pérez-Cotapos‘ practice covers joint ventures, private equity and venture capital deals, acquisitions of private and public companies, complex corporate mergers and spin-offs, and corporate restructurings. The last year has seen the practice assist with M&A transactions in a range of industries, including mining, energy, infrastructure, financial services, media, healthcare and utilities, among others. The department fields 11 partners, including Francisco J Illanes (complex M&A deals, restructurings and shareholder agreements), corporate law and contracts expert Sergio DíezCristián Herrera (corporate law, foreign investment and security market regulations) and Gerardo Varela, who has been involved in M&A deals involving energy, aquaculture and retail companies, among others. Additional partner support is provided by Juan Pablo MatusCarlos Pérez-CotaposJosé Luis Letelier and Pedro Lluch. Growth in the team saw Andrea Saffie and Tomás Vidal become partners in January 2020, with strong senior associate support provided by María Francisca Salas and Sergio Balharry.

Chile > Banking and finance

(Leading individuals)

Francisco IllanesCariola Díez Pérez-Cotapos

Cariola Díez Pérez-Cotapos‘ 12-strong banking and finance department is particularly active in structuring financial transactions, predominantly cross-border loans (with or without a security package). Other notable areas are mining, energy and infrastructure project finance; M&A acquisition finance; complex restructurings; specialized financings for agriculture producers; derivatives; and trade finance. The practice is also highly regarded for regulatory matters. Rodrigo Sepúlveda regularly advises multinational consortiums and local and international banks on the project financing for generation and distribution power projects. The other partners to note are Francisco Illanes, who is well known for complex financing deals, and Juan Antonio Parodi, who is experienced in finance structures, guarantees and credit documents.

Chile > TMT

Cariola Díez Pérez-Cotapos‘ 11-strong TMT group is best known for assisting international and local IT, telecoms, media and internet companies with their investments in local companies, joint ventures, transactional IP and litigation. It also advises on the regulatory aspects of IT and media projects, as well as data processing, large infrastructure projects with technological components, and related corporate matters. Rodrigo Lavados and Francisco J Illanes head the technology, privacy and media group, while Raimundo Moreno specialises in contentious matters. Key support is provided by senior associate Felipe Fernández, who moved over from the firm’s IP wing, Sargent & Krahn in January 2019.