Prieto Abogados > Santiago, Chile > Firm Profile

Prieto Abogados
EL GOLF 40
13-14 FLOOR
SANTIAGO
Chile

Energy and natural resources > Electricity and hydrocarbon

The 'very strong' 22-member energy and natural resources department at Prieto Abogados has longstanding experience in the energy, oil, gas and the water and sewage sectors. In recent years, the firm has also become a leader for assisting clients with the development of innovative technologies, including advice on energy storage, hydrogen fuel and renewables. The practice includes five co-heads: M&A leader and 'great negotiator' Juan Tagle, who advises on energy-related M&A; Claudio Undurraga, an active member of the firm's energy and arbitration groups; the 'very diligent and detailedJosé Andrés PascualFernando Bravo ('knowledge and common sense'); and recently appointed partner Nicolás Yuraszeck ('great expertise in construction contracts'). Leading the second line of advisers is Alejandra Bañados, who was appointed counsel as of January 2021. In addition to expanding its mining law capabilities, the March 2021 incorporation of a former Baraona Fischer & Cía team, comprising counsel Federico Rodríguez and senior associates Andrés Maldini and Jorge Echeverría, further boosted the firm's solar, thermal and hydro project practices. However former associate Camila Kutz moved to Cuatrecasas as a senior in June 2021.

Practice head(s):

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

Testimonials

Great knowledge of this area, with partners who are very involved in the whole process.

Great availability of resources.

Very strong team in various areas.

Great involvement of partners, providing high-quality advice and meeting demanding deadlines.

Juan Tagle is a great negotiator and understands complex concepts and structures. I like to have him by my side when there are negotiations with international lawyers, since he has the personality to speak to them as equals.

José Andrés Pascual is very diligent and detailed – leaves no stone unturned.

Fernando Bravo is great for knowledge and common sense when there are problems.

Nicolás Yuraszeck has great expertise in construction contracts and is a tough negotiator.

Key clients

Engie Energía Chile

Corporación Nacional del Cobre de Chile

Transelec

YPF Chile

Electrogas

Transmisora Eléctrica del Norte

China Yangtze Power Co

Engie LatAm

General Electric Capital

Aguas Andinas

Compañía Minera Doña Inés de Collahuasi

Solar E

Viña Santa Carolina

Suez

Central Termoeléctrica Andina

Inversiones Hornitos

Sociedad Inmobiliaria Correa y Compañía

Work highlights

  • Advising Engie Group on a wide range of issues surrounding the acquisition and development of multiple renewable energy generation projects.
  • Advised Aguas Andinas, Chile’s largest sanitation company and the controlling shareholder of Empresa de Servicios Sanitarios de Los Lagos (ESSAL), on the sale of a 51% stake in ESSAL to Canada’s Algonquin Power & Utilities.
  • Advised Electrogas on the regulatory and antitrust aspects of the 2020 Open Season Process for gas transportation services.

Chile > Bankruptcy, insolvency and restructuring Tier 2

At full-service law firm Prieto Abogados, the ten-member group regularly handles significant insolvency judicial procedures, including liquidations and reorganisations. The practice also advises on negotiations with default companies, debt renegotiations, syndicated loans and bond issuances. An ‘excellent lawyer with a lot of knowledge‘, insolvency and bankruptcy leader Benjamín Grebe has key experience in bankruptcies and insolvencies, liquidations and company reorganisations, with additional partner-level support provided by Alberto González V. At associate level, senior Isabel Monge handles complex finance restructurings and corporate reorganisations; and intermediates Santiago ErrázurizDaniella Ibaceta and Juan Pablo Riesco were all also active in reorganisation and liquidation mandates during the course of 2020. The team was further strengthened in November 2020, with the hire of associate Andrea Von Chrismar from Quintanilla & Busel Niedmann, she was subsequently appointed counsel in September 2021. Since publication, Monge and Riesco have also been promoted to counsel, effective November 2021.

Practice head(s):

Benjamín Grebe; Alberto González V

Other key lawyers:

Testimonials

What makes this firm excellent is its service and availability; whenever we need them we can count on them, they are available for a call at any time and that is something that is difficult to find, especially in partners from other firms.

The team stands out for a global understanding of insolvency problems.

Committed to the work – a guarantee for all those involved.

Benjamín Grebe is an excellent lawyer with a lot of knowledge in this area of ​​practice; he is always available for a call and is not a partner who costs a lot to communicate with, even for minor consultations – that immediacy is the comparative advantage he has over the rest.

Associate Daniella Ibaceta is a lawyer who is very meticulous and will certainly go a long way.

Associate Santiago Errázuriz provides an excellent service, is always available for a call, has a lot of knowledge in this area and is a very practical lawyer.

Key clients

Moneda Asset Management

Mall Plaza

Viña Santa Carolina

Penta Vida Compañía de Seguros de Vida

Engie Energía Chile

Banco Internacional

VivoCorp

Next Meridian

YPF Chile

Work highlights

  • Acted for Penta Vida Compañía de Seguros de Vida and 4 Life Insurance Company (as national and international bondholder) in the reorganisation of casino and entertainment operator Enjoy.
  • Advised Moneda Asset Management, as principal creditor, on the reorganisation of construction company Arauco.
  • Advising Penta Vida, as key creditor, in the reorganisation of retailer Multitiendas Corona.

Chile > Capital markets Tier 2

The ten-member team at Prieto Abogados is particularly well known for its substantial debt placement practice; it advises issuers of debt in Chile, as well as in the US market on bond placements. More broadly, the team regularly advises on IPOs; assists family offices with the structuring of investment vehicles; and also houses private equity fund experts who advise on the formation of private funds. In addition to leading the insurance and reinsurance department, capital markets head Patricio Prieto L advises on the issue, buyback and exchange of bonds; while highly regarded counsel Isabel Wolleter assists with the structuring of debt issuance, negotiable instruments and stock exchange listing processes, among other matters. Associate Maite Larrañaga is also a key team member. Since publciation Larrañaga has been raised to counsel and appointed director of the investment funds practice at the firm (effective November 2021), while Wolleter has been raised to partner as of January 2022.

Practice head(s):

Patricio Prieto L.; Isabel Wolleter

Key clients

Plaza

Vivocorp

Aguas Andinas

Ad Hoc Group (Automotores Gildemeister noteholders)

Empresas Red Salud

HB Inversiones

Compañía Industrial El Volcán

Infraestructura Alpha (Frontal Trust)

Engie Energía Chile

Caja de Compensación y Asignación Familiar Los Andes

Work highlights

  • Advised Plaza on the registration of two bond lines worth $400m each, as well as three bond placements (totalling $320m).
  • Advised VivoCorp on the registration of approximately 87m shares in the company at the Securities Register of the Financial Market Commission (in anticipation of its IPO).
  • Advised the noteholders of Automotores Gildemeister (AG) on the tender and exchange offer by AG to restructure the company’s outstanding secured and unsecured debt securities, including the issuance of senior secured notes.

Chile > Competition and antitrust Tier 2

'A very serious, well-prepared team for all kinds of free competition matters', Prieto Abogados' six-strong group regularly acts in leading cases before the TDLC in sectors such as retail, agriculture, energy, banking, ports and transport; and assists with high-profile cases and investigations before the FNE. The practice also fields robust groups in relation to merger control reviews and pre-emptive advice, including compliance programmes. Highly regarded partner Benjamín Grebe 'stands out' for his ability to organise suitable teams; he leads a practice group that includes senior associate Andrea Von Chrismar -a November-2020 hire from Quintanilla & Busel Niedmann who has since been raised to counsel- and associates Santiago Errázuriz (who joined the antitrust department from the firm's litigation practice in 2019), and Daniella Ibaceta (who takes on complex TDLC and FNE cases).

Practice head(s):

Benjamín Grebe

Testimonials

Prieto Abogados has a very serious and well-prepared team for all kinds of free competition matters, from the notification of merger operations before the FNE to trials before the TDLC.

A very well structured team with a very experienced partner and associates, who have extensive experience in both the competition authority and private practice.

High standards of seriousness and quality.

High technical quality, with experience in all types of free competition cases.

Cordial treatment, availability and commitment to the client.

They always provide a very complete analysis of cases, with all possible viewpoints, and are able to transmit the content in an appropriate way to their clients.

The service is complete, fast and efficient.

Benjamín Grebe stands out, as he is capable of bringing together good groups of professionals, with different and complementary roles.

Key clients

NYK Line

Puerto Central

Chubb

Consalud

Sura

Banco Internacional

Engie

Watt’s

Inacap

Electrogas

Work highlights

  • Represented NYK Line (NYK) in a cartel claim filed by the FNE, which concluded in 2020 when the Supreme Court recognised the 50% discount for fines applied to NYK for being the second leniency applicant.
  • Represented Watt’s in an out-of-court consent decree settlement agreed with the FNE, as well as acting for Watt’s before the TDLC, obtaining judicial approval of the settlement.
  • Advised Puerto Central (port operator) on a consultation initiated by Fepasa before the TDLC to set the conditions for the port-train intermodal station in Barrancas (Port of San Antonio).

Chile > Compliance Tier 2

Prieto Abogados' 'solid team' traditionally fields specialists in transaction-related compliance issues, but it has also extended its coverage to include anti-bribery and corruption due diligence, internal auditing, training, administrative sanctioning, compliance policy drafting, and designing internal compliance and crime prevention systems. The team can draw on the broader firm's expertise in the energy, TMT, insurance, real estate and private equity sectors (among others), and the practice group fully integrates specialised areas typically required for a full compliance programme, such as antitrust, labour law, environment and corporate law. 'Excellent practice leader', José Andrés Pascual Moreno has vast experience in compliance and anti-bribery matters and particular expertise in corporate compliance issues. Key assistance comes from 2017 associate-hire Diego Madariaga who assists with compliance and anti-bribery work.

Practice head(s):

José Andrés Pascual Moreno

Testimonials

Prieto Abogados stands out for its impeccable management and efficient and fast advice on corporate and compliance issues.

They anticipate risk situations and stand out because the lawyers are always available for our needs as a company.

The friendliness and professionalism of the partners and associates are outstanding characteristics.

A solid team that is always available.

José Andrés Pascual Moreno is always available to manage and resolve risk situations quickly and efficiently.

José Andrés Pascual Moreno is an excellent practice leader, who is very attentive to clients and delivers solid and fast answers.

Key clients

Watt’s

Engie Energía Chile

Institute Chile

Mediapro Chile / Mediapro Móviles Chile / Mediapro Contenidos Chile

PedidosYa Chile

Isapre Consalud

Pernod Ricard Chile

Work highlights

  • Advised Aguas Andinas, Chile’s largest sanitation company, on the sale of a 51% stake in ESSAL (through its subsidiary Inversiones Iberaguas), which included the review of its internal compliance and crime prevention model.
  • Assisted Nova Austral (a key player in Chile’s salmon industry) with the design and development of its new crime prevention programme.
  • Assisting Watt’s (an important player in Chile’s food market) with the ongoing updating of its crime prevention programme.

Chile > Corporate and M&A Tier 2

The 26-strong practice at Prieto Abogados has amassed significant M&A experience in complex cross-border deals, private equity transactions and joint ventures; in 2020 it was particularly active in matters involving the insurance, banking, utilities, sanitary and energy sectors, where the team leverages its regulated-industries’ expertise. The ‘dedicated‘ team also has a growing private equity-related M&A practice, advising private investment funds on the acquisition of controlling stakes in family-owned businesses. The practice is co-led by Juan Tagle (complex M&A transactions, joint ventures and bidding processes), and energy sector specialist Fernando Bravo. Also integral to the group are M&A and joint venture expert José Andrés Pascual, who focuses on the energy and natural resources sectors; and Nicolás Yuraszeck (corporate law, M&A, and infrastructure and construction projects). Alejandra Bañados was promoted to counsel in January 2021; at associate level Maite Larrañaga has over a decade’s experience and combines a robust insurance and capital markets practice with corporate and M&A work. Since publication, Larrañaga too, has been raised to counsel as of November 2021. However, former senior Andrés Laymuns moved in house at Anglo American in February 2021.

Practice head(s):

Juan Tagle; Fernando Bravo

Testimonials

The Prieto Abogados team is very professional, dedicated and committed. We feel very well supported by them.

We can get hold of them even on holidays and after hours – great commitment from them.

Very transparent and helpful during the whole process, including the hours charged – stands out from previous experience with other firms.

Strong business orientation and commitment to agile delivery of quality legal advice – we feel that they are 100% aligned with our objectives and always propose innovative solutions.

The team is agile, maintains fluid communication, and is strong in technical matters. They are also pleasant to work with, especially considering the high-pressure scenarios that are evident during M&A processes.

Maintains a highly professional and organised culture. In other words, there is a good and consistent balance between formality and close contact with clients.

Key clients

Aguas Andinas

Engie Latam

Donald Douglas

Radio Victoria

Light E Holding

Coulson Group

Engie Energía Chile

Chubb

Marco Industrial

Activa

Work highlights

  • Advised Aguas Andinas on its agreement to sell to Algonquin Power & Utilities Corp its total direct and indirect participation in Essal.
  • Advised Engie Latam, controller of Engie Energía Chile (EEC), on the acquisition of approximately 76m shares in EEC.  
  • Assisted Woodside Electronics Corporation (WEC), and US citizen Donald Douglas, with the Chilean aspects of the divestiture of Sortek Sur (Chile) and WEC.

Energy and natural resources > Mining Tier 2

The seven-member mining team at full-service practice Prieto Abogados leverages off the firm’s expertise in the energy, infrastructure and real estate sectors, as well as its close relationships with major investment funds. It advises leading Chilean mining players on a broad range of matters, from their energy and natural resources requirements, to financing, taxation, project development and mining easements, along with mining-related disputes. The principal figures are M&A head Juan Tagle, who advises on mining and desalination construction projects, along with mining-related joint ventures and bidding processes; founding partner Alberto González E, who provides substantial, additional support; and Agustín Martorell, who was appointed associate practice director in January 2021 and is noted for mining option agreements and administrative-sanctioning procedures. However, associate Camila Kutz left for Cuatrecasas in June 2021. Since publication, Martorell has been appointed partner - effective as of January 2022.

Practice head(s):

Juan Tagle; Alberto Gonzalez E

Key clients

Mantos Copper Holding

Compañía Minera Doña Inés de Collahuasi

Los Andes Copper

Corporación Nacional del Cobre de Chile

Yamana Gold

Banco International

DP World Chile

Inmobiliaria Puente

Engie Energía Chile

Viña Santa Carolina

Work highlights

  • Advised the lender banks on Mantoverde’s copper exploitation project.
  • Advised Compañía Minera Doña Inés de Collahuasi on the bidding process and negotiations surrounding the construction and operation and maintenance agreements for a water desalination plant.
  • Advised Canada’s Los Andes Cooper (controller of the Vizcachitas mining project in Putaendo) on the tax aspects surrounding a net smelter returns transaction, as well as a reorganisation procedure.

Chile > Projects and infrastructure Tier 2

Prieto Abogados‘ 21-strong department has enviable projects expertise in a range of sectors, such as infrastructure (ports and desalination plants), energy (including clean energy) and mining, along with gas, water and sewage, and commercial and residential buildings. The practice’s principal practitioners are Nicolás Yuraszeck (partner as of March 2020), who is particularly noted for tender processes and contract negotiations surrounding BOT, EPC and O&M agreements; M&A head Juan Tagle; founding partner Claudio Undurraga (energy and arbitration); and tax specialist Mario Gorziglia. Also integral to the practice are corporate and energy leader Fernando Bravo, and José Andrés Pascual (construction projects, financing, and fuel supply and transportation contracts). Additional experienced support is prvided by  energy and natural resources-focused senior associate Camila Kutz and counsel Isabel Monge, who is active in project finance.

Practice head(s):

Claudio Undurraga; Juan Tagle; Nicolás Yuraszeck; Mario Gorziglia

Key clients

Compañía Minera Doña Inés de Collahuasi

Engie Energía Chile

Toboso Asesorías

Watt’s

Solar E

PedidosYa Chile

Ventus Energía Uruguay

Work highlights

  • Advising Compañía Minera Doña Inés de Collahuasi on a natural resources project, which includes a bidding process and negotiation of the construction and O&M agreements for a water desalination plant.
  • Advised Toboso Asesorías on its negotiations with Empresa Constructora DLP for the construction of a shopping centre called Power Center Patio Riesco.
  • Advised Engie Energía Chile on a wide range of issues concerning the acquisition and development of multiple renewable energy generation projects.

Chile > Real estate Tier 2

The four-member team at Prieto Abogados advises on the full gamut of real estate sector work surrounding the acquisition, development and construction of large real estate projects, including assistance with tax planning, finance, corporate law, land use, environmental matters and construction issues; the team also handles due diligence work and contract negotiations. With longstanding experience in leading the real estate practice, Fernando Samaniego's focus includes arbitration and litigation work, particularly in relation to infrastructure and real estate disputes. Providing key support are Alejandra Bañados (promoted to counsel in 2021), whose practice includes acquisition projects, long-term lease agreements and due diligence; and senior associate Camila Urzúa, who is active in real estate transactions and bidding procedures. Former partner Cristóbal Villarino and associate Juan Andrés Ilharreborde left the firm in early 2020.

Practice head(s):

Fernando Samaniego

Key clients

Inmobiliaria Deisa

Toboso Asesorías

Forestal Alba

Sociedad Rentas de Capitales Inmobiliarios ISC

Agrícola Quiahue

Pedidos Ya Chile

DP World Chile

Mall Plaza

VivoCorp

Metlife

Work highlights

  • Advised Inmobiliaria Deisa on the sale of luxury apartments in the eastern part of Santiago.
  • Advised Toboso Asesorías on its negotiations with Empresa Constructora DLP, which concern the construction of a shopping centre called Power Center Patio Riesco in Maipú (Santiago).
  • Advised Forestal Alba on the partition and creation of a condominium in Vitacura, Santiago.

Chile > Tax Tier 2

Prieto Abogados' ten-strong 'tax team is highly experienced and technically knowledgeable - a benchmark among law firms'. The practice is constantly sought out for its expertise in structuring inbound and – increasingly of late – outbound investments in projects and related financings in the construction, mining and medical technology sectors. The firm also has a strong tax litigation offering, while its private client practice and tax planning work for family offices and individuals have grown significantly in recent years. Co-leading the practice are corporate and business organisation expert Mario GorzigliaLeonidas Prieto (business reorganisations/structuring and dispute resolution); and tax law specialist Cristián Bay-Schmith, who has been a partner since 2018. Associate Luz María Calvo rejoined the firm from the Ministry of Finance's tax policies department in November 2019 and has since been appointed counsel (as of Septemer 2021).

Practice head(s):

Mario Gorziglia; Leonidas Prieto; Cristián Bay-Schmith

Testimonials

The tax team is highly experienced and technically knowledgeable – a benchmark among law firms. Added to this is great professionalism and commitment to its clients.

Great for technical knowledge and professionalism during the analysis of tax complexities, as well as the commitment they make to the client relationship.’

A team with a lot of experience – we have worked with them for a long time and this shows the confidence we have in their work.

They are very concerned about the needs of their clients.

An extraordinary tax team – solid, proactive, efficient and discreet.

Leonidas Prieto and Cristián Bay-Schmith are very prominent partners.

Leonidas Prieto is very easy to work with, there are never any complications or problems.

Mario Gorziglia work is of excellent quality work, and he is very focused on client service.

Key clients

Aguas Andinas

Compañía Minera Doña Inés de Collahuasi

Watt’s

Universidad Tecnológica de Chile INACAP

Los Andes Cooper

Mall Plaza

Larraín Vial

Suez Group

Engie Latam Group

Desafío Levantemos Chile

Work highlights

  • Acted for Isapre Consalud in litigation with the Chilean IRS, which concerned the tax treatment of judicial costs paid (further to thousands of constitutional claims filed against Isapre Consalud).
  • Advised Chilean miner Compañía Minera Doña Inés de Collahuasi on the tax structuring of a project involving the acquisition, financing, leasing and rendering of the services of an aircraft.
  • Advised China State Construction Engineering Corporation on the tax issues surrounding the setting up of a construction project-related subsidiary in Chile.

Chile > Banking and finance Tier 3

Prieto Abogados consistently advises lenders and borrowers on loan agreements, syndicated loans, project finance, VAT facilities, and local and international debt placements; and the practice has specific transactional expertise in the energy, mining, transportation, infrastructure and retail industries. It was recently particularly active in innovative lender-side financing projects involving aircraft acquisitions and development in the electromobility sector. The practice co-heads are Mario Gorziglia, who, in addition to leading the tax department, advises on infrastructure, mining and energy-related project finance; Patricio Prieto L (over 20 years’ finance experience); and Benjamín Grebe, whose broad practice includes bankruptcy and insolvency work. Senior associate Isabel Monge also assists with finance matters (since publication she has been raised to counsel, effective November 2021). Former partner Gerardo Cruzat left the firm in March 2020.

Practice head(s):

Mario Gorziglia; Patricio Prieto L; Benjamín Grebe

Testimonials

The team is multidisciplinary, which allows them to respond from all fronts.

Very knowledgeable about the market.

Key clients

Compañía Minera Doña Inés de Collahuasi

Codelco

Penta Vida Compañía de Seguros de Vida

4 Life Seguros de Vida

Moneda Asset Mangement

Elliot Manangement Corporation

Engie Energía Chile

Plaza

Caja de Compensación Los Andes

Compañía Industrial El Volcán

Infraestructura Alpha

Banco de Crédito e Inversiones

MUFG Bank

Société Générale

Natixis

ING

Work highlights

  • Advised a consortium of financial institutions (including Banco de Crédito e Inversiones, BCI Miami, MUFG Bank and Natixis) on negotiations with Mantoverde (and its sponsors) regarding a $500m project finance involving the Mantoverde copper mining project.
  • Advised Engie Energía Chile on the negotiation of a $125m loan, which was granted by IDB Invest for the construction of a wind farm in northern Chile.
  • Advised Codelco on the negotiation, execution and implementation of a credit facility with Export Development Canada for up to $300m.

Chile > Dispute resolution: litigation Tier 3

Litigation is the second largest practice at full-service, mid-sized firm Prieto Abogados. The ‘great‘ seven-strong team regularly represents longstanding clients before the ordinary courts in disputes involving energy, construction, real estate and retail; and it has expanded its practice to cover new sectors, such as insurance, transportation, healthcare, telecoms and banking. The practice also has notably robust public law litigation expertise. The experienced leaders of the litigation department are Fernando Samaniego, who specialises in real estate, construction and antitrust litigation; utilities, energy, infrastructure and antitrust disputes expert Claudio Undurraga; and Alberto González V, who is highly regarded for real estate, construction and energy disputes. Counsel Juan Pablo Riesco and senior associate Cristóbal Jiménez are also key team members.

Practice head(s):

Fernando Samaniego; Alberto González Vidal; Claudio Undurraga

Testimonials

The team is characterised by its way of working, which aims to provide good client service, resolving doubts quickly and being available when necessary.

A highly qualified team with vast experience in judicial matters.

A great team with very good technical management and a lot of empathy towards the client.

Clients always get complete and extended answers, with every aspect covered – something that is not easy to find in the market.

Key clients

Engie Energía Chile

Transmisora Eléctrica del Norte

Huawei

Plaza (Falabella Group)

HDI Seguros

VivoCorp

Aguas Andinas

Watt’s

Banco Internacional

GWC Inversiones

Inversiones Ferroviarias Bolivianas

Sibelco Chile

Work highlights

  • Represented Engie Energía Chile, Central Termoeléctrica Andina, Inversiones Hornitos and Electroandina in their claim against GasAtacama Chile, which alleges unlawful conduct deployed by GasAtacama between 2011 and 2015.
  • Defended GWC Inversiones and Inversiones Ferroviarias Bolivianas, which have indirect control of Bolivia’s Tren Oriental, against a  presumptive breach of contract claim brought by CB Inversiones.
  • Defended Sibelco Chile and Transporte Sibelco Chile against a proceeding in which transport company Depetris Deflorian Hermanos claimed breach of contract, in relation to the transportation of limestone from Argentina to Chile.

Chile > Environment Tier 3

In addition to acting before all of Chile’s environmental courts and administrative agencies, Prieto Abogados‘ ‘highly competent‘ six-member environmental team is sought out for its advice on the environmental aspects of transactions. Although best known for its synergies with the firm’s energy (including oil and gas) team, the environmental group is also active in matters involving the real estate, food and sanitary-infrastructure sectors. Recently promoted to director, ‘extraordinary lawyer‘ and department head Agustín Martorell advises national and foreign clients on the development of projects at all stages. Since publication, Martorell has been raised to the partnership - effective January 2022.

Practice head(s):

Agustín Martorell

Testimonials

It is a team with solid technical knowledge in environmental matters, including environmental impact assessment issues, as well as environmental sanctions and inspection obligations.

A very responsible group of lawyers.

A highly competent and trained environmental team.

Deals with the most complex issues that the legal/environmental world presents.

The technical strength and creativity when reacting to different scenarios have been key.

The lawyers of Prieto Abogados have something that stands out. The pro bono care they offer is delivered with the same sense of urgency and kindness as for paying clients – that is a big difference.

Agustín Martorell is a complete lawyer, with solid technical knowledge in environmental matters.

Agustín Martorell is an extraordinary lawyer who is very successful with his risk analyses, and has extensive legal knowledge.

Key clients

Vivocorp

Aguas Andinas

Engie Energía Chile

YPF Chile

Transmisora Eléctrica del Norte

Cofradía Náutica del Pacífico

Plaza

Eólica Monte Redondo

Engie Energía Chile

Bio G

Work highlights

  • Advised Vivocorp on the development of a major infrastructure project (comprising the construction and operation of a shopping centre), including assistance with the environmental assessment strategy and judicial challenge to its permit.
  • Advised Aguas Andinas (sanitation company) on the sale of its direct and indirect stake in its subsidiary Empresa de Servicios Sanitarios de Los Lagos (ESSAL), which involved analysing ESSAL’s environmental and sanitary assets and liabilities.
  • Assisted Transmisora Eléctrica del Norte with an administrative-sanctioning proceeding before the Environmental Agency, concerning three alleged breaches to the environmental instruments applicable to Transmisora Eléctrica del Norte’s transmission line.

Chile > Insurance Tier 3

Prieto Abogados' team is well known for its expertise in insurance regulatory matters, in relation to the formation of new -or the acquisition of existing- insurance companies; it is also experienced in distribution agreements for insurance products, such as bancassurance agreements, mortgage related policies, cell-phone protection policies and extended-warranty policies. Patricio Prieto L's practice includes major insurance matters; while experienced partners Benjamin Grebe and Fernando Samaniego frequently act in insurance litigation involving construction, business interruption, insolvency and credit. The practice also fields three senior associates, including María Cristina Ríos Lianeza, who advises on insurance and reinsurance.

Practice head(s):

Patricio Prieto L

Key clients

Assurant Chile Compañía de Seguros General

HDI Seguros General / HDI Seguros Generales de Vida

Chubb Seguros de Vida Chile

Compañía de Seguros Confuturo

Compañía de Seguros Vida Cámara

Assurant Services de Chile

Banchile Seguros de Vida

Seguros de Vida Suramericana

Southbridge Compañía de Seguros General

American Bankers Life Assurance Company of Florida

American Bankers Insurance Company of Florida

HDI Global Network / HDI Global

Talanx

Work highlights

  • Assisting Assurant Chile Compañía de Seguros Generales, on a daily basis, with all aspects of its operations in Chile, including drafting insurance policies, regulatory issues, compliance, and agreements with retailers, among other matters.
  • Advised Inversiones HDI and HDI International on the sale of HDI Seguros de Vida to United Health Group subsidiary, Banmédica.
  • Assisting American Bankers Life Assurance Company of Florida with its operations in Chile on a daily basis, including regulatory issues, compliance matters and reinsurance agreements.

Chile > Labour and employment Tier 3

‘With high levels of practical and regulatory knowledge‘, the six-member labour, employment and immigration department at Prieto Abogados has a significant track record in labour litigation, corporate-related labour advice, and collective bargaining processes. The practice’s co-heads are Christian von Bergen, whose broad practice covers human resource administration and strategies for major companies, along with collective bargaining processes and labour law litigation; and Cristóbal Raby (a partner since early 2019), who assists with labour and social security issues (both individual and collective matters), as well as collective bargaining. At associate level, Valentina Flen leads the department’s immigration practice.

Practice head(s):

Christian von Bergen; Cristóbal Raby

Testimonials

A team with a lot of knowledge in this area and great for direct communication and quick responses; it is also always up to date with legal changes and understands clients’ realities.

Teams with high levels of practical and regulatory knowledge, with speedy responses and a sense of urgency.

Good mixture between experienced and innovative young partners.

Permanent availability with good analytical skills.

Prieto Abogados’ labour law team has been with us for years. In all this time we have witnessed the competence, professionalism, seriousness and availability of all the lawyers that make up the firm. Compared to other firms, Prieto Abogados stands out considerably.

Cristóbal Raby stands out for his deep knowledge of labour law, and is both knowledgeable and creative.

Cristóbal Raby and associate Valentina Flen excel at delivering innovative and fast responses that are tailored to clients’ needs.

Key clients

Sodexo Chile

Yamana Gold

Sherwin Williams

Valle Nevado

SMU

Fitch Ratings

Pedidos Ya

Sun Dreams

Quanta Services

Puerto Central

Work highlights

  • Acting for delivery company Pedidos Ya in several labour trials, which were initiated by former riders claiming the existence of employee relationships with the company.
  • Successfully acted for Yamana Gold in a challenging collective bargaining with its mining union.
  • Assisted SMU with numerous labour law trials initiated by former or current employees throughout the country.

Chile > Public law Tier 3

The eight-member department at Prieto Abogados has longstanding experience in advising on public law matters and utilities; clients particularly benefit from the team comprising litigation experts, academics and transactional lawyers, who together assist with dispute resolution, sanctioning proceedings, regulatory issues during transactions, and relations with the authorities. The diverse practice of litigation and arbitration head Fernando Samaniego includes proceedings before the administrative and regulatory authorities; at associate level, environmental team head Agustín Martorell (‘great dedication to each client and case‘) has approximately ten years’ experience in administrative, environmental and regulatory matters, while counsel Juan Pablo Riesco‘s litigation experience includes administrative and regulatory authority-related proceedings. Since publication, Martorell has been raised to the partnership with effect from January 2022.

Practice head(s):

Agustín Martorell; Juan Pablo Riesco

Testimonials

Always clarity to their work – compares favourably with other firms.

They stand out for the specific knowledge they have in environmental law.

Great for availability and quick responses, especially from associate Agustín Martorell.

One of the most prominent associates is Agustín Martorell, who combines professional specialisation with great dedication to each client and case.

Key clients

VivoCorp

Aguas Andinas

Metlife

VivoCorp

Engie Energía Chile

YPF Chile

Desarrollos Urbanos

Cofradía Náutica del Pacífico

Plaza

Engie Services

Work highlights

  • Advising Vivocorp on the development of a major infrastructure project, which includes a judicial challenge of its construction permit.
  • Successfully assisted Metlife/Vivocorp (before the Constitutional Court) with reversing the initial decision of a local police court to apply a fine.
  • Assisted Plaza in relation to multiple alleged sanitary regulation infringements involving different commercial centres.

Chile > TMT Tier 3

Known as a full-service law firm, Prieto Abogados' eight-strong telecoms and technology department ('capacity to solve all issues with great speed and efficiency') advises on TMT matters encompassing corporate, M&A, financing and tax issues, as well as regulatory, dispute resolution and public law aspects. Team head Mario Gorziglia has vast telecoms experience, including bids before the Chilean Telecommunications Department (SUBTEL), and lead compliance partner José Andrés Pascual advises on delivery online services and technology and fintech projects. Former partner Gerardo Cruzat left the firm in 2020.

Practice head(s):

Mario Gorziglia; José Andrés Pascual

Testimonials

This firm knows the business extensively and is very expeditious in providing answers to various issues.

Both the partners and the associates of the firm are 100% available, even more so in times of emergency.

The difference with the competitors is that they offer a truly full service, and have the capacity to solve all issues with great speed and efficiency.

Key clients

Huawei (Chile)

Iconectiv (Telcordia Technologies Chile)

Mediapro Chile

Pedidos Ya

Delivery Hero

Radio Victoria

WeDo Consulting – Sistemas de Informação

Work highlights

  • Advises Huawei (Chile) on TMT and general corporate matters.
  • Advised Telcordia Technologies Chile (Chilean subsidiary of US company Iconective) on a bid before SUBTEL, which concerned the appointment of an administrator for the number portability system (2020-2025).
  • Advises, on an ongoing basis, Mediapro Chile, a Chilean subsidiary of Spain’s Mediapro Internacional (a multinational that is dedicated to the production of cinematic and television content, and management of sports rights and audio-visual services).

Chile > Data privacy Tier 4

Prieto Abogados' privacy and personal data protection experience ranges from drafting data-processing authorisations, to preparing data-transfer agreements that comply with national and international standards, as well as preparing reports on the regulation of privacy and personal data protection in Chile. The principal advisers are senior associate María Cristina Ríos Llaneza, who has over seven years' experience in the privacy and data protection field; and recently promoted associate Iván Torrealba Marinovic. Former senior associate and practice head Andrés Laymuns moved in house at Anglo American in February 2021.

Practice head(s):

María Cristina Ríos Llaneza; Iván Torrealba Marinovic

Key clients

Assurant Chile Compañía de Seguros Generales

Pedidos Ya Chile

Eclass Chile

Mediapro

Essilor International

Work highlights

  • Assisting Assurant Chile Compañía de Seguros Generales with personal data protection and confidentiality issues.
  • Assisting PedidosYa Chile with personal data protection and confidentiality matters.
  • Assisting Mediapro Chile with personal data protection and confidentiality issues.

Chile > Dispute resolution: arbitration Tier 4

The second largest practice at the mid-sized, full-service Prieto Abogados, the seven-member arbitration team regularly represents clients before arbitrators in disputes involving energy, construction, real estate and retail. The practice is co-led by Fernando Samaniego, who specialises in real estate, construction and antitrust litigation (and is regularly appointed as arbitrator in construction disputes); and arbitration specialist Alberto González V. Also integral to the practice is founding partner Claudio Undurraga, an active member of the firm’s energy and arbitration practices; beneath partner level, the broad disputes’ practices of counsel Juan Pablo Riesco and senior associate Cristóbal Jiménez sees them frequently involved in arbitral matters.

Practice head(s):

Fernando Samaniego; Alberto González V

Testimonials

A great team with very good technical management and a lot of empathy towards the client.

You always get a complete answer from the team – something that is not easy to find in the market.

The team is very agile and gives forceful answers, with very friendly treatment and the ability to explain matters to the client in simple and understandable terms.

Compares very favourably with other firms.

Fernando Samaniego has supported, informed and assisted beyond the agreed fees, and he demonstrates excellent knowledge and skills.

Key clients

Engie Energía Chile

Transmisora Eléctrica del Norte

Compañía de Seguros Generales

Suramericana

Plaza HDI Seguros

VivoCorp

Aguas Andinas

Watt’s

Banco Internacional

GWC Inversiones

Inversiones Ferroviarias Bolivianas

Sibelco Chile

Work highlights

  • Defended Compañía de Seguros Generales Suramericana against a claim filed by Surlat Industrial and Surlat Comercial for fulfilment of an insurance contract and compensation.
  • Defended Compañía de Seguros Generales Suramericana against a claim filed by Inversiones Futuro, which concerned compliance with an insurance contract (further to flood damage to two buildings).

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 Claudio Undurragacundurraga@prieto.cl
Energy and natural resources Juan Taglejtagle@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
Arbitration and antitrust Claudio Undurragacundurraga@prieto.cl
Real estate, construction and infrastructure Fernando Samaniegofsamaniego@prieto.cl
Projects and Infraestructure Nicolás Yuraszecknyuraszeck@prieto.cl
Tax Cristián Bay-Schmithcbay-schmith@prieto.cl
Other fee-earners : 46
Spanish
English
French
Meritas International Law Firms
Mackrell International (Global Network of Independent Law Firms)
Partners : 16

Pinilla Gonzalez & Prieto Abogados continues to consolidate its leadership in the practice of urban and real estate law in the legal services market in Colombia but has also made important achievements in other areas such as environmental, corporate and M&A, tax, conflict resolution and litigation and public law, offering high-quality knowledge and services to important natural and legal persons of great importance in the business world inside the country and abroad. The excellent performance of the firm’s legal and technical team in the last year has not only translated into high levels of satisfaction among its clients but has also allowed growth in the number of partners at the firm, going from six to ten, and also in the number of lawyers, going from 45 to 65. Recently Angela Caicedo and Martha Rico were named as new partners in the area of urban and real estate law. Also, Camilo Baracaldo was named in the area of conflict resolution and litigation, with Julian Rojas becoming partner in the area of corporate and M&A.

Areas of practice
Urban planning and real estate: the firm keeps and consolidates an undisputed leadership in this practice, headed by Juan Manuel Gonzalez, Angela Caicedo and Martha Rico, considered number one by Chambers & Partners in the legal services market in Colombia. A highly skilled team of professionals in different disciplines provides advice and accompaniment for the design and development of urban and real estate projects throughout the national territory.

Corporate, civil and commercial: it is one of the practices that has been gaining significant ground in the last year thanks to the arrival of new clients and its excellent results. The team, headed by Felipe Pinilla and Julian Rojas, specializes in the design and implementation of companies and investment vehicles.

Conflict resolution and litigation: under the leadership of two experienced lawyers, Felipe Pinilla and Camilo Baracaldo, the firm has been able to successfully defend the interests of important clients focusing on litigation prevention, but at the same time showing great knowledge that has allowed it to obtain favorable decisions from judicial courts. The team specializes in the accompaniment and representation of natural and legal persons in all kinds of processes and judicial and arbitral litigation.

Taxes, fees and contributions: the leadership of such an outstanding partner as María Helena Padilla, together with the vast experience of Felipe Pinilla, positioned this practice with enormous success during the last year. This has been possible thanks to the top performance achieved by a team of experts in tax planning, with experience in all legal services related to taxes, fees and contributions.

Environmental and utilities: this is another top-performing area of the firm thanks to the broad experience of Natalia Núñez in corporate, environmental law and sustainability in business groups and law firms with presence in Colombia and Latin America. The team offers complete advisory in environmental law for the development of activities and projects in which natural resources must be protected.

State contracting: it is currently one of the most dynamic sectors in Colombia thanks to the construction of infrastructure through public-private partnerships. The team, headed by David Garzon, provides advice and accompaniment for businesses in state contracting processes.

DepartmentNameEmailTelephone
Taxes, fees and contributions María Helena Padilla: mpadilla@pgplegal.com
Corporate, civil and M&A Felipe Pinilla E: fpinilla@pgplegal.com
Corporate, civil and M&A Julián Rojas E: jrojas@pgplegal.com
Conflict resolution and litigation Felipe Pinilla E: fpinilla@pgplegal.com
Conflict resolution and litigation Camilo Baracaldo E: cbaracaldo@pgplegal.com
Environmental and utilities Natalia Núñez E: nnunez@pgplegal.com
Urban and real estate Juan M Gonzalez E: jmgonzález@pgplegal.com
Urban and real estate Ángela Caicedo E: acaicedo@pgplegal.com
Urban and real estate Martha Rico E: mrico@pgplegal.com
Public utilities and state contracting David Garzón E: dgarzon@pgplegal.com
Other fee-earners : 55
Total staff : 65
All main business languages
Partners : 10