Mr Rodrigo Ochagavía > Claro & Cia. > Santiago, Chile > Lawyer Profile

Claro & Cia.
CÓD POSTAL 755 0177
Rodrigo Ochagavía photo

Work Department

Fusiones y Adquisiciones, Financiamiento de Proyectos, Banca y Finanzas, Derecho Societario, Mercado de Capitales, Quiebras y Reestructuración.




Rodrigo Ochagavía has extensive experience in Corporate Finance, including Banking and Finance, Capital Markets, Mergers and Acquisitions and Energy.

He has represented a broad range of clients, including lenders, borrowers, purchasers, sellers, governments, investors, financial advisers, issuers, credit enhancers and underwriters. In the energy sector he has represented generators, transmission and distribution companies.

He was one of the two most voted Chilean lawyers in a survey conducted by Latin Lawyer in 2003 choosing the twenty best Chilean lawyers under forty years of age. He also has been chosen as one of the leading Chilean practitioners in Banking and Finance, Projects, Energy and Mergers and Acquisitions by Chambers and Partners; in Banking and Capital Markets by Who’s Who Legal; and in Banking and Finance and Mergers and Acquisitions by IFLR.

Is a professor of Business Law at the Law School of the Pontificia Universidad Católica de Chile and of Mergers and Acquisitions in the Master in Business Law at Universidad de los Andes.

He is a member of the Chilean Bar Association and the International Bar Association.

He joined Claro & Cia. in 1997 and became partner in 2001. He was previously with Simpson Thacher & Bartlett in New York, 1996-1997 and Carey & Cia. in Chile,1990-1995.


LL.M., University of Chicago Law School, Fullbright, Presidente de la República and Pontificia Universidad Católica de Chile Scholarships, 1996.

J.D., Pontificia Universidad Católica de Chile, 1993.

Lawyer Rankings

Chile > Banking and finance

(Leading individuals)

Rodrigo OchagavíaClaro & Cia.

The large banking and financing  department at full-service firm Claro & Cia. is a go-to practice for creditors, debtors, financiers and agents in relation to the development and implementation of both domestic and international banking and financial deals. The team’s expertise ranges from syndicated loans and LBOs, to structured products, derivatives and financial guarantees; it also demonstrates an enviable energy and infrastructure project-financing practice. Reflecting these capabilities, a stellar-year saw the practice lead advice to LATAM Airlines on its $3.7bn DIP loan agreement, including regional coordination of the matter across eight jurisdictions. Among the group’s several esteemed partners are prominent banking and finance specialist Rodrigo Ochagavía; Cristóbal Eyzaguirre, who assists with banking and finance matters (in addition to complex litigation); Jorge Martín, a specialist in project finance and bank and non-bank financing; and José Luis Ambrosy, whose broad practice covers corporate finance, international financing and capital markets deals. Also integral to the group are project finance lawyer José María Eyzaguirre F and M&A leader José María Eyzaguirre B. Former partner Ariel Mihovilovic  left the firm in February 2023 to become a candidate for Chile’s Constitutional Council.

Chile > Capital markets

(Leading individuals)

Rodrigo OchagavíaClaro & Cia.

Acting for issuers, financiers, initial purchasers, selling shareholders, and institutional and individual investors, Claro & Cia. houses a go-to practice for high-stakes domestic and international securities deals, including public and private offerings. The team’s scope of expertise ranges from IPOs, project-related bond issuances, high-yield and investment-grade debt and equity offerings, to listings on stock exchanges, exchange offers, offers for share acquisitions and debt securities, and hybrid securities. The department features several widely-respected partners, namely: Rodrigo Ochagavía, whose expertise covers the energy, mining, banking and insurance sectors; José Luis Ambrosy, an expert in capital markets-related projects involving the Chilean authorities; and Felipe Larraín, who is particularly focused on deals with foreign counterparties. Luisa Núñez and Juan José León are additional highly-rated capital markets’ transactions partners, while Cristián Lagos is an experienced counsel. Nicolás Aspillaga and María Jesús Argandoña are the associates to note.

Chile > Corporate and M&A

(Leading individuals)

Rodrigo OchagavíaClaro & Cia.

Widely-lauded for its sophistication, Claro & Cia. is particularly well known for its M&A work involving publicly-listed clients. The large practice is routinely mandated to advise on significant acquisition agreements, in relation to cross-border mergers, share and asset deals, takeovers and exchange offers; and the team’s expertise covers due diligence and structuring work, along with negotiations and complex drafting. The department’s principal figures include senior partner and renowned M&A specialist José María Eyzaguirre B who advises on cross-border deals, tender offers, public transactions and corporate governance; Rodrigo Ochagavía, whose track record is particularly strong as regards energy sector-related clients including generation, transmission and distribution companies; Matías de Marchena, who is experienced in M&A, corporate finance and capital markets; and cross-border transactions expert Felipe Larraín. Also key to the group, Juan José León‘s broad practice covers restructuring work, and José María Eyzaguirre F, a former visiting attorney at Shearman & Sterling LLP‘s New York office. Also of note, counsel Patricio Smart specialises in corporate law, M&A, project finance and energy. Former partner Ariel Mihovilovic  left the firm in February 2023 to become a candidate for Chile’s Constitutional Council.

Chile > Energy and natural resources > Electricity and hydrocarbons

(Hall of Fame)

Rodrigo OchagavíaClaro & Cia.

Full-service market stalwart Claro & Cia. is consistently mandated on high-stakes energy projects, with the firm’s sizeable team covering development, construction, acquisition, sale and financing aspects. Its track record incorporates hydro, wind and solar power plants, liquified gas terminals, gas plants, and transmission lines and sub-stations. Other areas of strength include regulatory work and energy sector-related litigation and arbitration. The practice’s principal figures are Rodrigo Ochagavía, who acts for generators, and transmission and distribution companies; and corporate finance, capital markets, international finance and M&A expert, José Luis Ambrosy. Also integral to the firm’s offering are experienced partners Luisa Núñez and José María Eyzaguirre F. Former partner Ariel Mihovilovic  left the firm in February 2023 to become a candidate for Chile’s Constitutional Council-Region of Magallanes and Chilean Antartic.

Chile > Projects and infrastructure

(Leading individuals)

Rodrigo OchagavíaClaro & Cia.

Claro & Cia.’s large project finance and development practice has an enviable market reputation for its energy and infrastructure sector experience; more generally, its expertise ranges from project financing, development and construction issues, to operations, acquisitions, sales, and infrastructure-related public concessions. The firm’s broad offering also covers greenfield and brownfield projects, along with power plants, transmission lines and substations. It additionally houses experts in engineering, procurement and construction (EPC), and operation and maintenance (O&M), agreements. The department’s principal figures are Rodrigo Ochagavía, who acts for energy sector-related generation, transmission and distribution companies; project finance specialists Jorge Martín and José María Eyzaguirre F; and José Luis Ambrosy and Luisa Núñez, whose broad practices take in advice on projects involving public works-related concessions in Chile. Also noted, counsel Patricio Smart‘s broad practice takes in EPC, construction contracts and disputes, energy and real estate matters. Former partner Ariel Mihovilovic left the firm in February 2023 to become a candidate for Chile’s Constitutional Council.

Chile > Bankruptcy, insolvency and restructuring

Legal market powerhouse Claro & Cia. fields a sizeable reorganisation and insolvency team that covers the gamut of insolvency matters and is consistently sought out for high-level restructuring work (both domestically and internationally). In what probably constitutes the most high profile matter of recent years, the team is currently co-lead advisor (in conjunction with Cleary Gottlieb Steen & Hamilton) on the multibillion-dollar bankruptcy and restructuring process of LATAM Airlines, the first Chapter 11 proceedings of a public company in Chile. More typically, representative work includes advising company clients on the restructuring and rescheduling of their liabilities, along with negotiating payment and creditor agreements, and assisting creditors with insolvency proceedings and reorganisation agreements. Department head Nicolás Luco is a civil and commercial litigation and arbitration specialist; M&A leader José María Eyzaguirre B is notably active in major restructurings; and Rodrigo OchagavíaCristóbal Eyzaguirre and Santiago Bravo all assist with reorganisation and insolvency matters. Also integral to the department are cross-border expert Felipe Larraín; José Miguel Huerta, whose wide-ranging practice covers bankruptcy work; and bankruptcy and restructuring specialist José María Eyzaguirre F. Raised to the partnership in January 2022, Álvaro Vives is also active in the sector.