Prieto Abogados > Santiago, Chile > Firm Profile

Prieto Abogados
Alonso de Córdova 4355 (piso 15)
Vitacura
Santiago
Chile

Energy and natural resources > Electricity and hydrocarbon

One of the most prestigious firms around for energy work‘, Prieto Abogados is a go-to practice for energy and natural resources sector-related regulatory matters, including applications for licenses, enforcement matters involving regulatory bodies, administrative and antitrust law, and litigation and arbitration. It also consistently advises on an enviable pipeline of renewable energy projects, as well as headline M&A deals in the energy space. The practice’s principal figures are ‘outstanding lawyer‘ and M&A head Juan Tagle, whose broad practice covers electricity generation, distribution and transmission markets, and natural gas transportation and distribution; corporate law head Fernando Bravo; compliance leader José Andrés Pascual; and Nicolás Yuraszeck, who is ‘helpful beyond his mandate‘. In March 2021, the practice recruited counsels Federico Rodríguez (natural resources-related regulatory and transactional matters), and Andrea Von Chrismar (‘excellent for regulatory, environmental and energy matters‘) from the former Baraona Fischer y Cía and Quintanilla Abogados, respectively, while former associate Camila Kutz departed the practice in June 2021. Former practice co-head Claudio Undurraga passed away in July 2022.

Practice head(s):

Juan Tagle; Fernando Bravo; José Andrés Pascual; Nicolás Yuraszeck

Testimonials

The team is very broadly educated across a lot of disciplines, very knowledgeable of the wider energy market, and ready to help with an extremely wide variety of queries – Prieto is a top-end firm.

The team is multidisciplinary, with excellent professionals in each practice. In the area of energy, the lawyers demonstrate comprehensive knowledge, which facilitates the analysis of cases from different perspectives. According to my experience with other firms, Prieto stands out for its quality of service, disposition, speed and integrity. I assure you that this is one of the most prestigious firms around for energy work.

High technical and legal quality from these lawyers.

From the client’s point of view, this is a cohesive team of professionals, which generates certainty and credibility, and the lawyers stand out for their mastery of their subjects.

Juan Tagle is an outstanding lawyer.

Nicolás Yuraszeck is responsive, with a strong ability to coordinate with the various Prieto teams – he is also knowledgeable, attentive to detail and helpful beyond his mandate.

Counsel Federico Rodríguez is great for his proactive communication and strong business development support skills.

Counsel Andrea Von Chrismar is excellent for regulatory, environmental and energy matters. She knows her subjects perfectly and her recommendations are not merely theoretical – quick and appropriate responses too.

Key clients

Engie Energía

Transelec

YPF Chile

Electrogas

Transmisora Eléctrica del Norte

Sigdo Koppers Ingeniería y Construcción

Rockville Energy

GasValpo

Limes Renewables

STE Energy

Tralka AD Capital

5B International Holdings

Aguas Andinas

Solar E

Pacific Hydro Chile

Work highlights

  • Advised Rockville Capital Group on the creation and development of a large PMGD and PMG fund.
  • Advised Engie Energía Chile on the development of its renewables portfolio.
  • Advised Pacific Hydro Chile on the bidding process and negotiation of construction and operation agreements for the construction of the Desierto de Atacama photovoltaic power project.

Chile > Bankruptcy, insolvency and restructuring Tier 2

Leveraging its expertise in complex financings, Prieto Abogados' ten-strong department garners respect for its expertise and capabilities in judicial debt procedures, ranging from collections to liquidations and reorganisations (including both national and international Chapter 11, multi-jurisdictional cases). Notable work includes advising Engie Energía Chile on the reorganisation procedure of Aceros Chile; and assisting Penta Vida Compañía de Seguros de Vida in relation to Lanz y Cía’s liquidation. The department is co-led by Benjamín Grebe, who in addition to spearheading the firm’s antitrust practice, is routinely involved in bankruptcy and insolvency work, liquidations and company reorganisations; and dispute resolution leader Alberto González V, whose experience includes bankruptcies and insolvency proceedings. An associate at the firm since 2018, Santiago Errázuriz is a also an integral member of the insolvency and restructuring team.

Testimonials

A very well-established team that has great knowledge and practical skills; while the management has strong ethical standards that guarantee that the commitments assumed are properly fulfilled.

A well-formed team with a perfect mix of experience and youth, which allows the resolution of conflicts to be achieved in a pleasant way for clients.

There is a lot of availability from both the senior lawyers and the associates, which allows us to be in permanent contact with them.

What surprises me the most about this firm is the diversity, which I have not seen in other law firms – this is extremely important.

I really like the dynamics of the associates and the senior lawyers, because after several years of working with them, I have realised how the younger lawyers have learned the work methodology and knowledge of the more senior practitioners.

Serious about its work and its commitment is appreciated.

Key clients

Moneda Asset

Penta Vida Compañía de Seguros de Vida

Viña Santa Carolina

Mall Plaza

Engie Energía Chile

Banco Internacional

Vivo Corp

Next Meridian

YPF Chile

Work highlights

  • Assisted Elliot Management Corporation, Bain Capital, Consorcio Seguros and Banco Consorcio with the Chapter 11 reorganisation procedure of Automotores Gildemeister.
  • Assisted Engie Energía Chile with the reorganisation procedure of Aceros Chile.
  • Acted for Penta Vida Compañía de Seguros de Vida in the liquidation procedure of Lanz y Cía.

Chile > Capital markets Tier 2

Prieto Abogados' eleven-strong practice advises issuers of debt, both in Chile and on the US market (the latter through bond placements under Rule 144A Reg. S rules). The group is also well known for its longstanding experience assisting with major IPOs, as well as it expertise in fund formation and associated placements. The practice’s is co-led by Patricio Prieto L, whose recent track record includes handling bond issues and advising issuers on covenant modifications; and former counsel Isabel Wolleter (who was raised to the partnership in January 2022), and who can draw on past experience working at Shearman & Sterling LLP's New York office. Also a key member of the team, Maite Larrañaga was promoted to counsel and director of the investment funds area in September 2021.

Testimonials

Prieto Abogados’ lawyers have deep knowledge of the law and the CMF, and are up to date on the frequent changes to the regulations – a strategic supplier for us.

They are very available lawyers who we trust, and their knowledge of us facilitates the work and reduces legal expenses, as they know our history very well. They also contribute to our business with ideas so that investments are well structured.

Patricio Prieto L is an expert in structuring investment funds, who is willing to get involved at an in-depth level and provide both legal and commercial perspectives, a fairly rare combination among lawyers in the market.

Counsel Maite Larrañaga has a lot of experience in executing robust investment structures, but which, in turn, have the flexibility to adapt to changes in new regulations.

Key clients

Ad hoc Group (Automotores Gildemeister noteholders)

Unidad Leasing Habitacional

Inversiones La Construcción

Caja de Compensación y Asignación Familiar Los Andes

Plaza

Cemento Polpaico

Inversiones Confuturo

Larrain Vial Activos

West Administradora

Rockville Capital Group

Work highlights

  • Advised Elliot Management Corporation (and a group of ad hoc noteholders) on the voluntary reorganisation of Automotores Gildemeister.
  • Acted for Cemento Polpaico on the registration of two bond lines worth  $144m, in anticipation of its inaugural bond issuance.
  • Advised Larrain Vial Activos on the amendment of the byelaws of several funds.

Chile > Competition and antitrust Tier 2

The 'excellent' four-member practice at Prieto Abogados routinely assists with contentious and non-contentious cases before the TDLC and represents clients before the FNE in cartel, abuse of dominant position and other potential competition law breaches. The ‘very complete team' also fields specialists in FNE-led merger control reviews and compliance programmes. Leading the antitrust group, Benjamín Grebe assists with preventative work, merger issues, FNE investigations and cases before the TDLC; his recent caseload includes alleged abuse-of-dominance and cartel claims. In September 2021, competition law and regulation specialist Andrea Von Chrismar was promoted to counsel from senior associate, while associates Santiago Errázuriz and Daniella Ibaceta round out the antitrust team.

Practice head(s):

Benjamín Grebe

Testimonials

Great proximity to the client, which is essential so as to maintain trust over the years; and the use of technology has been implemented very well.

Prieto is a law firm that promotes the promotion of young, motivated people, who complement the more experienced partners well.

The strong point of the Prieto competition team is that it knows our business; and when it comes to matters that it does not know (because they are very specific or technical), the lawyers learn them quickly. I also consider it positive that the lawyers focus on finding an effective solution for their clients. In addition to the above, I think the case-monitoring methodology is positive, because the team is always monitoring what happens in cases and is efficient in communicating news.

Excellent, professional team, in which Benjamín Grebe stands out for the accuracy of his analysis, rapid and complete immersion in the issues, professional rigour and support through excellent reports.

Benjamín Grebe, and the professionals who accompany him, deliver confidence through their assessments and recommendations.

Prieto has a very complete team, where Benjamín Grebe and counsel Andrea Von Chrismar both have experience in the free competition world, and are able to predict accurate results.

Benjamín Grebe and his team are expert lawyers, who give us the greatest confidence when dealing with free market competition matters.

This professional team, particularly Benjamín Grebe, demonstrates assertiveness, good communication with the client, and commitment to providing good and complete advice speedily. Its long history of working with my company has generated a bond of trust that makes the firm’s work highly valued.

Key clients

Engie Energía Chile

Watt’s

Puerto Central (DP World Chile)

Aguas Andinas

Pedidos Ya (Delivery Hero)

NYK Line

Banco Internacional

Fundación Chile

Consalud

Mall Plaza

Work highlights

  • Successfully defended Watt’s food and milk processing company against a lawsuit filed before the TDLC by Fedeleche (the main milk trade association in Chile) for alleged abuse of dominant position in the dairy market.
  • Assisted Puerto Central (now DP World San Antonio) with a consultation procedure heard before the TDLC to set the conditions for a port-train intermodal station project.
  • Advised Nippon Yusen Kabushiki Kaisha (NYK Line) on compliance with measures imposed by the Supreme Court, further to a condemnatory decision in an antitrust lawsuit filed by the Chilean Competition Authority against six maritime transport companies, including NYK Line.

Chile > Compliance Tier 2

The compliance practice at full-service firm Prieto Abogados has extensive experience in relation to anti-bribery and corruption due diligence processes, internal auditing, training and assistance with administrative sanctioning. The team is also sought out for its track record in drafting compliance policies, and designing internal compliance and crime prevention systems in relation to antitrust, labour, environmental and corporate law issues. Clients further appreciate the group’s ability to leverage the firm’s sector specialisms in energy, food, TMT, insurance, real state and private equity. The lead partner of the firm’s compliance department, José Andrés Pascual, has substantial experience in compliance and anti-bribery issues, particularly corporate compliance work. At associate level, in addition to advising on corporate, energy and natural resources matters, Diego Madariaga is a key compliance team member.

Practice head(s):

José Andrés Pascual

Testimonials

The team has been able to support our specific needs, meeting the sometimes difficult requirements imposed by our company.

They deliver an excellent service and know a lot about our business.

Great for the dedication of José Andrés Pascual and the quality of his associates. The deliverables are excellent.

Key clients

Engie Energía Chile

Mediapro Chile

Mediapro Móviles Chile

Mediapro Contenidos Chile

Delivery Hero E-Commerce Chile

Paysafe Merchant Services Corp

GNL Mejillones

TÜV Nord Group

Dispatchtrack

Inmobiliaria Norte Verde

Work highlights

  • Assisted Aguas Andinas, the controlling shareholder of Empresa de Servicios Sanitarios de Los Lagos (ESSAL), on the sale of its entire indirect 51% stake in ESSAL – which included reviewing Grupo Aguas’ internal compliance and crime prevention model.
  • Assisted Nova Austral with the design and development of its new crime prevention programme.
  • Assists Watt’s with the continuous updating of its crime prevention programme.

Chile > Corporate and M&A Tier 2

Prieto Abogados houses a 29-strong practice (including seven partners) that is consistently sought out for its M&A expertise, including cross-border transactions, private equity deals and joint ventures; it’s recent caseload includes transactions in the energy, insurance, banking, utilities and sanitary sectors. The practice is co-led by Juan Tagle, a specialist in M&A, joint ventures and bidding processes; and energy deal expert Fernando Bravo. A second line of key partners comprises Isabel Margarita Wolleter (raised to the partnership in January 2022), who combines a robust capital markets practice with an active corporate and M&A workload; José Andrés Pascual, an energy and natural resources sector-related M&A and joint-venture transactions expert; and Nicolás Yuraszeck, who is experienced in corporate law, M&A, and infrastructure and construction projects. At counsel level, Federico Rodríguez is a natural resources-related regulatory and transactions specialist, while Maite Larrañaga (who was promoted to director in mid-2021), fuses her insurance and capital markets practice with an involvement in corporate and M&A deals. At senior associate level, the ‘very dedicatedAníbal Larrain and Andrés Laymuns (who returned to the firm in July 2022 after 18 months in house at Anglo American), are both noted.

Practice head(s):

Juan Tagle; Fernando Bravo

Testimonials

Precision when working and preparing reports. It is also worth mentioning the deep understanding they demonstrate on various topics, and it is noted that they dedicate time to doing the work.

Notable diligence is noted in the work (in-depth review of the documents, detailed analysis and specific questions that guide the work in a better way).

Good attitude towards the client, meeting deadlines, preparing good quality deliverables and availability.

The Prieto Abogados team has very good availability, as well as solid knowledge and good judgement.

We work with Juan Tagle and senior associate Anibal Larrain, who are both very dedicated, available at any time, precise and constantly contributing ideas.

Key clients

Asociación de Bancos e Instituciones Financieras

Dispatchtrack

Radio Victoria

Rockville Capital Group

Paysafe Merchant Services Corp

Epta Chile

Christian Etulain Sórensen

Chubb Seguros de Vida Chile

FIP Ad Capital Tralka Energías Renobables

HDI Seguros

Work highlights

  • Advised Dispatchtrack on the $40m acquisition of logistics technology company Beetrack.
  • Advised the Chilean Banks and Financial Institutions’ Association ABIF) on the $90m sale of 67% of its share ownership in consumer credit reporting company, Servicios de Información Avanzada Comercial y Financiera, to multinational company Experian.
  • Advised AD Capital on the sale of a large PMGD portfolio to BlackRock.

Energy and natural resources > Mining Tier 2

Prieto Abogados' seven-strong mining department benefits from the firm’s highly rated energy, infrastructure and real estate credentials, as well as its close relations with major investment funds. The team is also active in mining-related legal actions, through both judicial proceedings before the civil law courts and private arbitrations before the Santiago Chamber of Commerce. The department is co-led by Juan Tagle, who is experienced in mining and desalination construction projects; and Agustín Martorell (elevated to the partnership in January 2022), whose track record includes advising mining companies on mining option agreements. Bolstering the firm’s energy and natural resources expertise, counsel Federico Rodríguez, and senior associates Andrés Maldini and Jorge Echeverría, joined from former firm Baraona & Fischer in March 2021. Former associate Camila Kutz departed in mid-2021.

Practice head(s):

Juan Tagle; Agustín Martorell

Testimonials

A very professional team with good communication and good response times.

Professional knowledge, responsible, responsive, easy to contact, and organised.

Key clients

Mantoverde

Inmobiliaria Puente

Compañía Minera Doña Inés de Collahuasi

Engie Energía Chile

Los Andes Copper

Work highlights

  • Advised a syndicate of lenders (Banco de Crédito e Inversiones, BNP Paribas, Export Finance Australia, ING Capital and Natixis, among others)  on negotiations with Mantos Copper for the granting of a $571.6m project finance debt facility to subsidiary Mantoverde for the development and construction of an expansion of the Mantoverde development project.
  • Conducting judicial procedures to constitute exploration mining properties, so as to protect several real estate development projects.
  • Advising Compañía Minera Doña Inés de Collahuasi on a major natural resources project, comprising the bidding process and negotiation of the construction, operation and maintenance agreements for a water desalination plant.

Chile > Projects and infrastructure Tier 2

The 21-strong practice at Prieto Abogados consistently advisers developers and owners on the development, financing and acquisition of large projects within the infrastructure and energy markets. Its expertise covers projects for toll roads, ports, water desalination plants and hospitals, along with pipelines, power plants, wind power and energy storage. The practice is jointly led by Juan Tagle  , who advises clients from the projects, infrastructure, energy and natural resources sectors; Mario Gorziglia  , whose broad practice includes project finance; and projects and infrastructure specialist Nicolás Yuraszeck  . Also key to the group, counsel Isabel Monge  assists with project financings, while associate Emilio Del Real  acts on construction projects, tender processes and project finance. Notable recruitment includes hiring Federico Rodríguez  (power generation and mining matters) as counsel in March 2021 from Baraona Marshall & Cía, but former senior associate Camila Kutz moved to Cuatrecasas in August 2021. Former practice co-head Claudio Undurraga passed away in July 2022.

Practice head(s):

Juan Tagle; Nicolás Yuraszeck; Mario Gorziglia

Testimonials

Excellence, professionalism and vast experience in the energy sector.

The projects team at Prieto Abogados is highly efficient and provides a quality service. The lawyers understand the client’s business and are therefore creative when it comes to finding solutions and closing deals.

The plus is the quality of the team and the permanent and foolproof availability of Nicolás Yuraszeck.

Counsel Federico Rodríguez is a very experienced energy lawyer.

Key clients

Anglo American

Pacific Hydro

Rockville

GasValpo

Compañía Minera Doña Inés de Collahuasi

DP World Chile

Engie Energía Chile

Banco Crédito e Inversiones

BNP Paribas

Export Finance Australia

ING Capital

MUFG Bank

5B International Holdings

Gestio I Serveis Trade Center

Work highlights

  • Advised a consortium of banks (including Banco de Crédito e Inversiones, BNP Paribas, Export Finance Australia, ING Capital, MUFG Bank, Natixis, Société Générale and Finnvera) on the granting of a $850m project finance debt facility to Mantoverde.
  • Advised Pacific Hydro Chile on the bidding process (and construction and operation agreements) for the construction of a photovoltaic power project.
  • Advising Compañía Minera Doña Inés de Collahuasi on the bidding process (and construction and operation and maintenance agreements) for a water desalination plant.

Chile > Real estate Tier 2

Prieto Abogados' full-service real estate department is regularly mandated to advise on complex projects, along with day-to-day matters. Representative work includes the acquisition, development and construction of real estate projects, along with due diligence processes, tax planning, financing, land use, environmental issues and construction; key sectors in which the team is active include housing and commercial construction projects, retail, energy, food and infrastructure. Arbitration and litigation head Fernando Samaniego also leads the real estate group, his focus being on infrastructure and real estate-related dispute resolution. Key support comes from Alejandra Bañados (elevated to counsel in 2021) whose practice takes in project development, construction contracts, long-term lease agreements and due diligence; and senior associate Camila Urzúa, who is active in real estate transactions and bidding processes.

Practice head(s):

Alejandra Bañados

Key clients

Plaza Group

Inmobiliaria Deisa

Delivery Hero Stores Chile

Plaza Valparaíso

Rockville Capital Group

Concha y Toro

Gerardo Vidal

Engie Energía Chile

Work highlights

  • Assisted Viña Concha y Toro with its joint venture with Besalco for the development of a real estate project in La Cisterna.
  • Advised Plaza Group on the execution of a vendor’s due diligence process for the sale of four shopping centres located in different Chilean cities.
  • Advising Delivery Hero Stores Chile on the development of its business model of dark stores, including assisting with several lease and sublease agreements for units.

Chile > Banking and finance Tier 3

Although traditionally focused on debtor-side work, Prieto Abogados' banking and finance group is increasingly sought out by lender groups for high-profile international financing transactions and debt restructurings, particularly in relation to the mining sector and automotive industries. ‘Very eager to help', the practice is also actively involved in complex financial restructurings, insolvency proceedings and debt recovery matters. The practice is co-led by project finance expert Mario Gorziglia, who also heads the tax team; Nicolás Yuraszeck, whose broad corporate practice includes project finance; and bankruptcy and insolvency specialist Benjamín Grebe. With extensive experience in financing work, former senior associate Isabel Monge was recently elevated to counsel; while June-2020 hire, senior associate Anibal Larrain advises clients on finance,  M&A and joint venture transactions.

Testimonials

The people I have worked with have been very eager to help and clarify any doubts about legal terms and processes, always proposing possible solutions to help us.

Clarity in their explanations, with excellent English when required to speak with US attorneys.

Key clients

Banco de Crédito e Inversiones

BNP Paribas

Export Finance Australia

ING Capital

MUFG Bank

Natixis

Société Générale

Elliott Management Corporation

Bain Capital

Consorcio Seguros

Banco Consorcio

Rockville Energy Holdings

Engie Energía Chile

Transmisora Eléctrica del Norte

Asociación de Bancos e Instituciones Financieras

Solarity

Work highlights

  • Advising Chilean generating company, Solarity, on a financing deal with Banco BCI for its new businesses.
  • Advising Rockville Energy Holdings (and its sponsor Fondo de Inversión Rockville Solar Energy I Fund) on negotiations with Natixis (New York Branch) for an approximately $100m project finance debt facility.
  • Advised a syndicate of local and international lenders on negotiations with Mantos Copper for the granting of a $571.6m project finance debt facility to its subsidiary Mantoverde, so as to fund the expansion of the Mantoverde development copper mining project.

Chile > Dispute resolution: litigation Tier 3

Deploying 'solid strategies that achieve good results', Prieto Abogados' six-member dispute resolution group frequently acts before both ordinary courts and arbitrators in disputes concerning the energy, construction, real estate and retail industries; moreover, it is increasingly active in insurance, transportation, healthcare, telecoms, and banking-related claims. The group is also active in public law litigation. The practice is co-led by real estate, construction and antitrust litigator Fernando Samaniego, and arbitration expert Alberto González V. Experienced counsel Juan Pablo Riesco handles public law, consumer rights, real estate, construction and energy matters, but senior associate Cristóbal Jiménez left to pursue his LLM in March 2021. Former practice co-head Claudio Undurraga  passed away in July 2022.

Practice head(s):

Fernando Samaniego; Alberto González V

Testimonials

The Prieto litigation team stands out for the experience and professionalism with which it approaches cases.

Manages to deploy solid strategies that achieve good results. The lawyers are always available and attentive to collaborating on whatever is necessary, and with a good level of involvement from the partners.

Key clients

Engie Energía Chile

Transmisora Eléctrica del Norte

Huawei

Plaza (Falabella Group)

HDI Seguros

VivoCorp

Aguas Andinas

YPF Chile

Banco Internacional

Delivery Hero

Empresas Torre

Work highlights

  • Representing four electrical power generating companies (which are part of Engie Group) in their unlawful conduct claim against GasAtacama Chile.
  • Defended Metlife Chile Seguros de Vida against a complaint filed by the Director of Municipal Works of the Municipality of La Florida for allegedly incurring an infraction of the General Law for Urbanism and Construction.
  • Defended GWC Inversiones and Inversiones Ferroviarias Bolivianas against CB Inversiones T e I’s  lawsuit, which alleged presumptive breach of contract.

Chile > Environment Tier 3

Known for its energy expertise, Prieto Abogados' ‘very good environmental practice' is active in environmental cases and sanctioning proceedings before Chile’s environmental courts. The team is also experienced in litigation before the country’s environmental administrative agencies, and assists with the environmental aspects of transactions, along with environmental compliance programmes. Promoted to partner in January 2022, practice leader Agustín Martorell, who ‘knows environmental issues and clients’ business very well', advises on environmental assessments, trials and sanctioning. At associate level, Andrés Maldini, who focuses on the environmental aspects of transactions, joined recently from Baraona Marshall & Cía, while Isabel Becerra is a key environmental and regulatory team member.

Practice head(s):

Agustín Martorell

Testimonials

‘Excellent professionals, with quick and correct answers.

Prieto has a very good environmental practice that deals with major clients and important matters – a team that has grown in numbers and specialisms significantly in recent years.

Its professionalism and fulfilment of assumed tasks are remarkable.

Agustín Martorell is an excellent adviser, who is efficient and cautious, and gives elaborate answers with deep analysis that contain not only opinions, but usually jurisprudence and recommendations.

The partner in charge of the area, Agustín Martorell, is a very good lawyer, who is detailed and deeply involved in matters. He knows environmental issues and clients’ business very well, and is capable of detecting the risks clearly.

Agustín Martorell has very good knowledge of environmental administrative procedures.

Key clients

Eduardo Kohn

Mall Plaza

Aguas Andinas

Watts

Transmisora Eléctrica del Norte

Vivocorp

Essal

Cofradía Náutica del Pacífico

Engie Energía Chile

Inmobiliario Desarollo Urbano

Work highlights

  • Assisted Transmisora Eléctrica del Norte with an administrative sanctioning proceeding before the Environmental Agency for three alleged environmental breaches involving the Transmisora Eléctrica del Norte transmission line.
  • Defending Vivocorp against two environmental claims presented to the Environmental Assesment Service in relation to the Centro Comercial Mall Vivo Santiago Etapa II project.
  • Advised Engie Energía Chile on the environmental  aspects to its energy transition process, which resulted in the restructuring of its energy matrix.

Chile > Insurance Tier 3

The seven-member team at full-service firm Prieto Abogados houses experts in the insurance regulatory aspects surrounding the approval of new insurance companies, as well as in relation to the acquisition of existing insurance entities. The practice also has extensive experience in bancassurance agreements, and policies for mortgages, cell phone protection and extended warranties. In addition, the firm has a broad and experienced insurance disputes practice. Leading the team, Patricio Prieto L is ‘a great lawyer', who has longstanding insurance and reinsurance expertise. Key associate María Cristina Ríos Lianeza's experience includes the incorporation of insurance companies, insurance-related M&A, and day-to-day regulatory issues.

Practice head(s):

Patricio Prieto L

Testimonials

A strong team with great client focus.

A team with a lot of experience – accessible and always willing to provide solutions to the problems raised, with the lawyers complementing each other very well in regulatory and financial matters.

Patricio Prieto L is a great lawyer, who is always available to help and knows the market very well.

Patricio Prieto L leads the insurance and reinsurance team, and has vast knowledge of multinational insurance companies’ needs, which require practical and easily executable solutions.

Key clients

Assurant Chile Compañía de Seguros Generales

HDI Seguros Generales

Chubb Seguros de Vida Chile

Chubb Seguros Chile

Assurant Services de Chile

Seguros de Vida Suramericana

Seguros Generales Suramericana

Southbridge Compañía de Seguros Generales

American Bankers Life Assurance Company of Florida

American Bankers Insurance Company of Florida

HDI Global Network

HDI Global SE

Talanx

Talanx Reinsurance Broker

Work highlights

  • Advised HDI Seguros on a 13-year strategic alliance with Banco Estado and Corredora de Seguros de Banco Estado.
  • Advised Inversiones HDI and HDI International on the sale of HDI Seguros de Vida to Banmédica.
  • Assists Assurant Chile Compañía de Seguros Generales on its daily operations in Chile.

Chile > Labour and employment Tier 3

Prieto Abogados‘ ‘excellent' six-member labour, employment and immigration practice is particularly experienced in labour litigation, as well as labour-related corporate advice. The firm also houses experts in collective bargaining processes; its recent track record includes advising on the implementation of Covid-19-related measures on employment suspensions, salary adjustments, terminations and remote working, as well as health protocols for the safe return to work. The practice is co-led by collective bargaining and labour litigation specialist Christian von Bergen, and labour and social security expert Cristóbal Raby, who are ‘both great partners'. The associate to note, Valentina Flen regularly acts in litigation before the Oral Labour Courts.

Practice head(s):

Christian von Bergen; Cristóbal Raby

Testimonials

Available team of professionals with expert knowledge in different subjects.

An excellent work team.

Appreciated for the efficiency with which it provides the service, and with immediate availability.

Solid knowledge and dispute resolution experience.

Christian von Bergen has great experience and knowledge of labour matters – great contributions on port issues, collective bargaining and labour lawsuits.

Cristóbal Raby has solid expertise in labour matters – excellent performance in trials, great adviser on collective bargaining processes, and good use of technological means.

Christian von Bergen and Cristóbal Raby are both great partners.

Key clients

Sodexo Chile

Compañía Minera Teck Quebrada Blanca

Sherwin Williams Chile

Ingelog

SMU

Fitch Ratings

Pedidos Ya

Mundo Dreams

DP World

LG Electronics

Work highlights

  • Acting for Pedidos Ya in several labour trials initiated by former riders, who are claiming the existence of an employment relationship.
  • Assisted DP World with collective bargaining matters.
  • Acting for Sodexo Alliance in several labour trials around the country, in relation to anti-union practices, wrongful terminations and breach of fundamental rights.

Chile > Public law Tier 3

Prieto Abogados' ‘very good' ten-strong practice has broad experience in public law-related dispute resolution, sanctioning proceedings, regulatory-review issues during transactions, and clients’ relations with authorities. Clients additionally benefit from the team’s ongoing analysis of new rulings and regulations. Elevated to the partnership in January 2022, environmental law specialist Agustín Martorell regularly assists companies before governmental authorities and agencies, including advising on permitting issues, administrative procedures, environmental judicial actions and environmental assessment processes. Former counsel Juan Pablo Riesco (‘an exceptional lawyer with in-depth knowledge') was promoted to director of the firm’s administrative litigation practice in December 2021, and routinely advises national and international companies on contentious regulatory and administrative matters.

Practice head(s):

Agustín Martorell; Juan Pablo Riesco

Testimonials

It has managed to grow, while managing the pandemic in a good way, and has even further strengthened trust with its clients, which is highly valuable.

Prieto is a very good office. In public law, it stands above others because it has vast experience in these matters as the firm has many regulated clients. I have had to work with the team on conflicts and its lawyers handle this area perfectly.

Innovative responses and clear deadlines – always available.

An office at the highest level – I want to highlight director Juan Pablo Riesco, who is an exceptional lawyer with in-depth knowledge, good legal judgement, extraordinary strategic vision and great professional ethics.

Juan Pablo Riesco manages to gain the client’s trust in a very good way.

I would highlight the work ethic of the lawyers, especially that of Juan Pablo Riesco, whose knowledge of complex matters and adoption of legally sound and solid strategies ultimately differentiate him from the rest.

Juan Pablo Riesco is a very comprehensive, available and sincere lawyer.

Juan Pablo Riesco is a truly excellent lawyer.

Key clients

Metlife/Vivocorp

Transmisora Eléctrica del Norte

Mantos Copper

Alimentos y Bebidas Chile

Plaza

Coulson Aviation

Vivocorp

YPF Chile

Engie Energía Chile

Delivery Hero Chile

Work highlights

  • Assisted Metlife/Vivocorp with obtaining a reduction to a construction fine.
  • Assisting Transmisora Eléctrica del Norte with two different compliance programmes, which relate to administrative environmental sanctioning proceedings.
  • Assisting Vivocorp with the environmental permission for a major infrastructure project.

Chile > Tax Tier 3

Prieto Abogados' ‘team of highly recognised tax lawyers nationwide' routinely handles the structuring of both inbound and outbound investments into the construction, mining and technology sectors, particularly in relation to new projects and their financing. Clients also appreciate the firm’s tax litigation credentials. The department is co-led by Leonidas Prieto, who assists with business reorganisations, business structure planning and tax disputes; and Mario Gorziglia, ‘one of the market’s most outstanding tax lawyers'. Further support is provided by former adviser to the Ministry of Finance’s tax policies department, Luz María Calvo, a director since September 2021. Former partner Cristián Bay-Schmith departed to found his own, eponymous, firm in 2021.

Practice head(s):

Mario Gorziglia; Leonidas Prieto

Testimonials

A team that is very well prepared and up to date on all issues.

Skills, knowledge, experience, and very up to date with the changes in this area.

Our experience is that for tax, it is one of the best firms around.

This is a team of highly recognised tax lawyers nationwide, who have obtained excellent results for the company I represent.

Mario Gorziglia is one of the market’s most outstanding tax lawyers.

Mario Gorziglia is an excellent professional and highly prestigious university professor. His greatest quality is the clarity with which he solves complex issues.

Key clients

Aguas Andinas

Compañía Minera Doña Inés de Collahuasi

Watt’s and subsidiaries

Universidad Tecnológica de Chile

Los Andes Cooper

Mall Plaza

Isapre Consalud

Association of Chilean Banks and Financial Institutions

Engie Group Latin America

Larrain Vial

Work highlights

  • Assisted Isapre Consalud with the litigation process against the Chilean IRS, in relation to the tax treatment of judicial costs.
  • Provides Aguas Andinas with ongoing tax advice concerning its day-to-day operations.
  • Advising Fundación de Educación Nocedal on setting up an endowment for its future development.

Chile > TMT Tier 3

The eight-member practice at Prieto Abogados is particularly noted for its telephony sector experience. The team’s expertise includes public actions conducted by Chilean State's telecommunications agency, SUBTEL; negotiations with telephony concessionaires; and the regulatory framework for companies providing telephony services in Chile. The practice is also routinely involved in TMT-related M&A transactions. Heading up the telecoms and technology team, Mario Gorziglia is a telephony sector specialist who counts Telcordia Technologies among his standing clients; and lead compliance partner José Andrés Pascual, who assists national and international clients with online delivery services, including contract reviews, and regulatory and corporate matters.

Practice head(s):

Mario Gorziglia; José Andrés Pascual

Key clients

Huawei (Chile)

Iconectiv (Telcordia Technologies Chile)

Mediapro Chile

Pedidos Ya

Delivery Hero

Paysafe Merchant Services Corp

Dispatchtrack

Radio Victoria

Work highlights

  • Advised Mediapro Chile on the acquisition of the commercial and broadcasting rights for Chile’s national football teams for the qualifying period leading up to the conclusion of the 2026 Canada/US Football World Cup.
  • Successfully assisted Telcordia Technologies Chile with a bid before the Chilean Telecommunications Department (SUBTEL) for the appointment of the administrator of the Number Portability system for 2020-2025.
  • Advised Dispatchtrack on the acquisition of Beetrack, a software as a service company in Chile that offers logistics technology.

Chile > Data privacy Tier 4

Prieto Abogados fields privacy and personal data protection experts, who regularly assist with drafting data-processing policies and authorisations. Other key areas include client and employee management; data transfer agreements that comply with national and international standards; and due diligence processes to ensure clients’ compliance with the privacy standards required by local regulations. The practice is led by senior associate María Cristina Ríos Llaneza , who is highly active in privacy and data protection work, while associate Agustín Prado  is a member of both the data privacy and litigation teams.

Practice head(s):

María Cristina Ríos Llaneza

Key clients

Assurant Chile Compañía de Seguros Generales

Assurant Services de Chile

Pedidos Ya Chile

Mediapro

Huawei (Chile)

Work highlights

  • Ongoing assistance to Assurant Chile Compañía de Seguros Generales with personal data protection and confidentiality issues.
  • Ongoing assistance to Delivery Hero E-Commerce Chile with various personal data protection and confidentiality issues.
  • Standing advisor to Mediapro Chile regarding personal data protection and confidentiality matters.

Chile > Dispute resolution: arbitration Tier 4

The seven-member arbitration practice at Prieto Abogados, routinely acts in retail, energy, construction and real estate-related arbitrations; its recent workload also includes insurance, transportation, healthcare, telecoms and banking matters. The practice is co-led by Fernando Samaniego, whose experience includes acting as sole arbitrator in construction disputes as well as acting as party counsel; and arbitration specialist Alberto González V, who 'has superior legal skills'. The 'always available' Juan Pablo Riesco was promoted to of counsel in November 2021; but former senior associate Cristóbal Jiménez left to pursue an LLM in the UK. Former practice co-head Claudio Undurraga  passed away in July 2022.

Practice head(s):

Fernando Samaniego; Alberto González V

Testimonials

High-level commitment to the case, ability to join an ongoing team quickly, and excellent ability to reconcile legal and commercial strategies so as to propose a business-oriented approach.

Very good legal and strategic judgement.’

Fernando Samaniego and Alberto González V are both excellent. Fernando, because he has an acute analysis of the cases from various perspectives and raises points that go unnoticed by others; and Alberto, because he has superior legal skills and an excellent ability to articulate arguments directly.

I worked with Fernando Samaniego and and Alberto González V, who are both very experienced and with excellent legal credentials.

Of counsel Juan Pablo Riesco is always available to resolve concerns.

Work highlights

  • Representing Compañía de Seguros Generales Suramericana in its defence against a lawsuit filed by Surlat Industrial and Surlat Comercial  for forced fulfilment of an insurance contract and compensation.
  • Defended Compañía de Seguros Generales Suramericana against Inversiones Futuro’s arbitral case for compliance with an insurance contract for two buildings that suffered damage further to a flood.
  • Acted for Empresas Torre, a manufacturer of library items, in a conflict that broke out between the shareholders of the company and which led to a request before the ordinary courts for the designation of an arbitrator to resolve the dispute.

Prieto is a full-service business-oriented law firm with consolidated prestige in handling complex matters, and is well known by its relevant foreign and local client base. With its broadly experienced team of lawyers, the firm provides legal services across a wide range of practice areas.

Areas of practice
Administrative: Prieto counsels domestic and international companies on public and administrative law, whether during due diligence processes or at litigation phases.

Antitrust: Prieto is highly regarded in this area, having participated in numerous investigations conducted by the FNE and cases before the TDLC.

Banking, finance and capital markets: the firm’s strong team of lawyers are involved in securities’ offerings, IPOs and project finance transactions, usually representing both local investment banks and issuers.

Corporate and securities: much of the firm’s work consists of corporate finance, corporate governance, takeover bids, joint ventures, reorganizations and partnerships, among others.

Customs and trade: Prieto covers several areas in these matters. Customs law and regulations: import, export, classification, custom value, rules of origin, custom due diligences, free trade zones, custom litigation, custom rulings, subsidies dumping and other WTO regulations.

Energy and natural resources: Prieto has an intense and active role in energy and natural resources matters. Prieto counsels national and international players involved in energy generation and transmission.

Mining: the mining department counsels national and international clients on constitution procedures for exploration and exploitation mining rights and their related easements.

Environment and permits: throughout the years, the environmental department at Prieto has evidenced the relevance of permit validity and integrity regarding the acquisition of a company.

Insolvency, bankruptcy and business reorganisation: Prieto is one of the leading firms in restructuring, reorganization and liquidation of companies.

Insurance and pension funds: the insurance department has a solid base of local and international insurance companies and brokers, with an experienced group of specialists that include a former head of the insurance department at the Chilean regulator.

Intellectual property: Prieto offers its clients registration of trademarks, designs, patents, internet, domain names, vegetable varieties and copyrights.

Labor: the firm advises clients in establishing incentive programs for executives and employees, in collective bargaining procedures and in the restructuring of companies.

Litigation and arbitration: Prieto regularly represents clients on relevant disputes related to energy, construction, real estate, retail, insurance, securities and transportation.

M&A: Prieto has a seasoned team with an extended experience in multinational, cross-border and domestic M&A transactions and due diligence work

Public utilities: Prieto has extensive experience in gas, power, water and telecommunication services. It has advised in matters related to the construction and financing of a gas works.

Real estate, construction and infrastructure: Prieto offers comprehensive advice on real estate, from due diligence, financing, purchases, leases and mortgages to planning, development and construction projects.

Tax: the tax department at Prieto advises clients in respect of all tax issues, particularly in the structuring of diverse and complex transactions.

DepartmentNameEmailTelephone
Founding Partner Patricio Prieto Spprieto@prieto.cl
Founding Partner Alberto González Eagonzalez@prieto.cl
Corporate and M&A Juan Taglejtagle@prieto.cl
Corporate and M&A Fernando Bravofbravo@prieto.cl
Energy and natural resources Juan Taglejtagle@prieto.cl
Compliance José Andrés Pascualjpascual@prieto.cl
Energy and natural resources José Andrés Pascualljpascual@prieto.cl
Banking, finance and capital markets Patricio Prieto Lpdprieto@prieto.cl
Litigation and Arbitration Fernando Samaniegofsamaniego@prieto.cl
Litigation and Arbitration Alberto González Vagonzalezv@prieto.cl
Labor Christian Von Bergencvonbergen@prieto.cl
Labor Cristóbal Rabycraby@prieto.cl
Environment Agustín Martorellamartorell@prieto.cl
Customs and international trade Mario Gorzigliamgorziglia@prieto.cl
Tax and administrative Mario Gorzigliamgorziglia@prieto.cl
Tax and administrative Leonidas Prietolprieto@prieto.cl
Administrative Agustín Martorellamartorell@prieto.cl
Administrative Juan Pablo Riescojpriesco@prieto.cl
Arbitration and antitrust Benjamin Grebebgrebe@prieto.cl
Real estate, construction and infrastructure Fernando Samaniegofsamaniego@prieto.cl
Projects and Infraestructure Nicolás Yuraszecknyuraszeck@prieto.cl
Capital Markets Isabel Margarita Wolleteriwolleter@prieto.cl
Real Estate Alejandra Bañadosabanados@prieto.cl
Tax Luz María Calvolcalvo@prieto.cl
Banking and Finance Isabel Mongeimonge@prieto.cl
Investment Funds Maite Larrañagamlarranaga@prieto.cl
Antitrust Andrea Von Chrismaravonchrismar@prieto.cl
Other fee-earners : 46
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Partners : 16