The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon
5EL BOCSQUE 130, PISO 12, SANTIAGO, CHILE
Tel:
Work +56 2 2 463 5800
Fax:
Fax +56 2 2 203 1246
Email:
Web:
www.lya.cl

Chile

Banking and finance
Banking and finance - ranked: tier 3

Larrain y Asociados

Long well-reputed for finance matters, Larrain y Asociadoshas smart lawyers with deep knowledge of banking and finance’. The team’s experience includes syndicated loans as well as acquisition, structured and project finance; along with secured and insured bond issues (both local and international); aircraft financing and leasing and acting as counsel to banks in financing toll road concessionaires in Chile. Recent mandates saw the practice advised a syndicate of banks (comprising Banco del Estado de Chile, Banco Security, Banco Consorcio, Banco Bice, and Bice Vida Compañía de Seguros) in a $311m financing granted to Sociedad Concesionaria Valles del Bío Bío (controlled by Spanish group Sacyr). Department head Patricio Montes is a project finance expert ‘with deep knowledge’; and energy and natural resources specialist Jorge Granic, who has longstanding finance experience, is focused on the structuring and financing of complex industrial projects. Diego Garay P is a key associate.

Leading lawyers

Jorge Granic - Larrain y Asociados

Next generation lawyers

Diego Garay P - Larrain y Asociados

[back to top]

Corporate and M&A (including compliance)
Corporate and M&A (including compliance) - ranked: tier 3

Larrain y Asociados

Larrain y Asociados’ ‘solid corporate team’ acts in large and complex transactions in Chile, including acting for international clients such as Glencore and Cinemark, and the practice has particular expertise in energy and natural resources and infrastructure-related deals. In other areas, it acted for Leonidas Vial (through Rentas ST) in its recent partnership with the Ossandon Larrain family (through Inversiones Lomas de La Dehesa and Inmobiliaria el Peñón) for the development of a residential project in Santiago. Department head Arturo Bulnes is ‘highly capable’, Jorge Granic is ‘excellent’, and Juan Carlos Bulnes and Cristóbal Morandé are also experienced advisers. Of counsel Ricardo Peña is ‘recommended for his expertise, commitment, general knowledge, advice and availability’.

Leading lawyers

Jorge Granic - Larrain y Asociados

[back to top]

Dispute resolution
Dispute resolution - ranked: tier 4

Larrain y Asociados

Larrain y Asociados regularly assists with highly complex arbitration and litigation in sectors including infrastructure and construction, energy, insurance and public works. The team acted as counsel to the highway-concession holder in an arbitral claim against the State of Chile concerning the application and interpretation of a contractual procedure to increase toll rates. Carlos Aravena and José Pedro Baraona are the main contacts.

[back to top]

Environment
Environment - ranked: tier 3

Larrain y Asociados

Larrain y Asociados advises both large and small companies on the environmental law aspects of industrial projects, including environmental evaluations. The practice is experienced in obtaining environmental permits and licenses, handling environmental standards, auditing and due diligence during investigations, and undertaking environmental damage lawsuits. Jorge Granic and Cristóbal Morandé are the names to note.

[back to top]

Intellectual property
Intellectual property - ranked: tier 4

Larrain y Asociados

[back to top]

Labour and employment
Labour and employment - ranked: tier 4

Larrain y Asociados

Larrain y Asociados’ key clients are in the mining, education and service sectors. The department advises both national and international companies on labour litigation, recruitment, collective bargaining and the labour aspects of M&A deals, as well as general advice on employment and social security issues. Andrés Silva is an experienced adviser.

[back to top]

Projects and infrastructure
Projects and infrastructure - ranked: tier 2

Larrain y Asociados

The practice at Larrain y Asociados ranges across public infrastructure and toll road bids; tender processes for electric transmission facilities; and the financing of such projects through bank loans or the issuance and placement of debt instruments in the local and international markets. Other areas of strength include hydroelectric and thermoelectric projects, wind farms, solar plants, LNG terminals and gas pipeline projects. Arturo Bulnes, Jorge Granic and of counsel Ricardo Peña are the key contacts.

Leading lawyers

Jorge Granic - Larrain y Asociados

[back to top]

Real estate
Real estate - ranked: tier 3

Larrain y Asociados

Larrain y Asociados is permanent counsel to Inmobiliaria PY, one of the largest real estate developers in Chile, regarding the acquisition, development, urban planning, construction and commercialisation of properties. José Pedro Baraona acts for property development companies as well as domestic agricultural companies; he has also successfully represented construction companies, highway concession holders and government agencies in arbitrations and civil trials against the State of Chile and entities such as the Ministry of Public Works.

[back to top]

Chile: Energy and natural resources

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

Larrain y Asociados

Energy and natural resources: oil and gas - ranked: tier 2

Larrain y Asociados

Larrain y Asociadosprovides good-quality work that is precise and delivered on time for a reasonable cost’. The firm’s energy and natural resources expertise includes mining, oil and gas, electricity and water and the practice recently acted for Sonnedix on the development of several solar plants in northern Chile, including associated regulatory matters. Jorge Granic is widely respected, particularly on the finance-side; Cristóbal Morandé is ‘serious and available’; of counsel Ricardo Peña is also a key member of the practice.

Leading lawyers

Jorge Granic - Larrain y Asociados

[back to top]

Mining
Energy and natural resources: mining - ranked: tier 3

Larrain y Asociados

Larrain y Asociadosprovides very strategic, commercial advice’. The team assists with the survey, exploration, development, operation and construction of mining projects, as well as the acquisition and sale of mining companies and assets, and project financings. It acted for Sociedad Punta del Cobre on the development of a ‘fine copper’ mining project, which included assisting with the financing and construction of the plant, the constitution of mining easements, and relations with local communities. Jorge Granic and Cristóbal Morandé are noteworthy advisers.

[back to top]


Further information on Larrain y Asociados

Please choose from this list to view details of what we say about Larrain y Asociados in other jurisdictions.

Chile

Offices in Santiago

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Chambers Guides - Insurance 2018 - India

    India is a common-law jurisdiction. In general, Indian laws borrow heavily from, and are based on, English law. However, insurance law in India has certain unique features that deviate from English insurance law. The primary legislation of insurance law in India is the Insurance Act, 1938 (the “Insurance Act”) and the Insurance Rules, 1939 (the “Insurance Rules”).
  • AVELLUM advised largest Ukrainian brick manufacturer on restructuring and refinancing of its debt

    AVELLUM acted as the Ukrainian legal counsel to Private Joint Stock Company with Foreign Investments “Slobozhanska Budivelna Keramika” (“SBK ”) in connection with the restructuring and refinancing of SBK’s debt, valued at approximately EUR20 million. Atlas Advisors, an independent investment banking firm, acted as the exclusive financial advisor to the SBK’s shareholders in connection with the restructuring of the credit portfolio, attraction of financing for the debt’s refinancing, and buy-out of SBK’s shares.
  • AVELLUM advises on Ukraine’s USD2 billion Eurobond issue

    AVELLUM acted as the Ukrainian legal counsel to the Ministry of Finance of Ukraine on the USD2 billion sovereign Eurobond issue consisting of two tranches with 5.5 and 10-year tenor. J.P. Morgan Securities, Goldman Sachs, BNP Paribas, and Citigroup acted as joint lead managers on the transaction.
  • New Anti-Money Laundering Law

    The new anti-money laundering ( AML ) law of the UAE took effect at the end of October 2018. Containing features recommended by the Financial Action Task Force ( FATF ), the new law introduces subtle but important changes to the AML landscape in the UAE. 
  • Confidentiality Under Renewed Focus

    The UAE federal government has recently issued a raft of important legislation, addressing and in many ways updating areas of law that are key to businesses in the jurisdiction. Amongst this legislation is Federal Decree-Law 14 of 2018 concerning the central bank and the organisation of financial institutions and activities (the New Banking Law ) and Federal Decree-Law 20 of 2018 concerning anti-money laundering and anti-terrorism financing (the New AML Law ). Both the New Banking Law and the New AML Law repeal and replace the previous legislation on their respective subjects. Importantly, the New Banking Law and the New AML Law have together enhanced the protection afforded to confidential information under UAE law, in particular where financial and legal service providers and their customers and clients are concerned. 
  • Israel Chapter in The Virtual Currency Regulation Review

    Earlier this year, the Israel Tax Authority (ITA) issued two circulars, one on the taxation of digital tokens and the second addressing the taxation of utility tokens in initial coin offerings (ICOs). Additionally, in March, the Israel Securities Authority (ISA) released a detailed interim report by the Committee for the Regulation of Public Offerings of Decentralized Cryptocurrency Coins (Report) (with a follow-up report due to come out around October 2018). Moreover, it is expected that before the end of 2018, legislation will come into force that for the first time will see Israeli primary legislation define virtual currencies as financial assets and mandate licensing for related services, as is later discussed in detail.
  • GRP Rainer Rechtsanwälte – Report on authorized dealer’s entitlement to compensation

    Under certain circumstances, an authorized dealer may be entitled to claim compensation after termination of the contract with the company if the latter continues to be able to use its business contacts.
  • The Intra-Corporate Transfer Regulations

    The Conditions of Entry and Residence of Third-Country Nationals in the Framework of an Intra-Corporate Transfer Regulations (“Regulations”) were brought into force through Subsidiary Legislation 217.21. These Regulations transpose EU Directive 2014/66/EU into Maltese law.
  • Spring is coming for real estate registration in Israel

    Israel may be the “Start-up Nation” and a world-renowned center of technological innovation, yet for many years the procedures and conduct of the Israeli Land Registry have been trapped in the past.
  • The Tax Working Group’s Interim Report - A capital gains tax for New Zealand?

    ​​​​​​The Tax Working Group has released its Interim Report on the Future of Tax. Amongst a number of other matters, the Interim Report describes two alternative methods for the implementation of a capital gains tax in New Zealand, which will be the subject of further consideration over the coming months.