Carey > Santiago, Chile > Firm Profile

Carey
AV ISIDORA GOYENECHEA 2800
FLOOR 43, LAS CONDES
SANTIAGO, PO 755-0647
Chile

Chile > Banking and finance Tier 1

With extensive experience in advising creditors, investors and borrowers on the full range of banking and financial transactions, Carey‘s 19-strong practice is consistently sought out for its expertise in bilateral and syndicated loans, liability management issues, and public and private offerings and placements of capital and debt. The group also houses specialists in project finance, structured products and derivatives. A raft of six principal figures includes: Diego Peralta, who advises on the creation and structuring of financial products and all aspects of business financings; Felipe Moro, a specialist in lending deals, project finance, structured products and derivatives; the highly regarded Salvador Valdés, who is particularly active with investment banks and asset managers; and Francisco Ugarte, who advises both corporations and financial institutions on financial matters. Partner-level bench strength has been notably deepened with the elevation to the partnership of Fernando Noriega (whose practice is centred on bank-lending, project finance and capital markets) and Alejandra Daroch (who routinely acts for banks, financial institutions and debtors) in April and November, respectively.

Testimonials

Expertise, market knowledge and speed.

Francisco Ugarte stands out for his knowledge of our business, strategic view and international experience.

Personally, I highlight Francisco Ugarte this year, for his knowledge of our business, strategic view and international experience.

Key clients

Qatar Airways

Celeo Redes

Enel Américas

China Construction Bank

Nabiax

The Bank of Nova Scotia

Mainstream Renewable Power

Banco del Estado de Chile

Banco Santander

Sumitomo Mitsui Bank

Corporación Interamericana para el Financiamiento de Infraestructura

Work highlights

  • Advised Qatar Airways on the negotiation and execution of a debtor-in-possession financing for LATAM Airlines during the latter’s Chapter 11-related reorganisation process.
  • Advised China Construction Bank (Asia), as facility agent, and other banks, on a syndicated credit agreement for approximately $350m for the refinancing of Pacific Hydro Chile’s existing debt under a previous syndicated credit agreement executed in 2017.
  • Assisted Enel Américas with a revolving credit facility granted by a syndicate of international banks for up to $500m.

Chile > Bankruptcy, insolvency and restructuring Tier 1

Full-service market leader Carey fields a seven-strong insolvency and restructuring practice that is highly regarded for its experience in bankruptcy proceedings; the team consistently assists both creditors and debtors with liquidations, reorganisation agreements and restructurings. The department comprises several practice heads, namely: Ricardo Reveco; a renowned insolvency, bankruptcy and restructuring specialist; Salvador Valdés, who is highly rated for complex bankruptcy matters; Francisco Ugarte, whose track record includes representing both debtors and creditors in insolvency procedures; Cristián Figueroa, a specialist in transactions involving financial distressed companies; and Alejandra Daroch, who was promoted to partner in November 2021 and whose broad practice covers distressed M&A and debt restructuring. Roberto Villaseca is the associate to note, his dispute resolution practice encompassing bankruptcy and insolvency issues.

Testimonials

A lot of knowledge and practical experience in the area, which makes the team very competitive.

The strength of the team lies in its good coordination skills, which permits access to a comprehensive view of each case, and with multiple visions from each specialised practice – this, along with the direct participation and dedication of the key partners, with whom a permanent relationship is maintained.

The professionals stand out for their cordial treatment and personal dedication, combining great professional performance with qualities such as openness, honesty and ethical excellence.

Extensive knowledge in this area, which allows the group to recommend the appropriate strategy.

This is a team with a lot of experience, and solid knowledge of bankruptcy and complex litigation.

Its advice and analysis are very accurate and rigorous, allowing the client to visualise the scenarios clearly, and the lawyers have the required understanding to decide on the courses of action to follow.

Our experience has been especially positive with partners Ricardo Reveco and Alejandra Daroch, with whom our relations have been most pleasant – they provide excellent support.

The team led by Ricardo Reveco, including associate Roberto Villaseca, does an impeccable job, their advice being very serious and with the ability to make difficult recommendations, while always being ready to solve problems in a real and effective way.

Key clients

Corp Group Banking – Corp Group Interhold

Vivocorp – Inversiones Terra

Valle Nevado

Inversiones SAMS

Moneda Asset Management

Consorcio Financiero

Qatar Airways

Banco Santander Chile

Equitas Capital

Estate of Claudio Avendaño

Codelco

Agrofoods Central Valley Chile

VivoCorp

Inversiones Terra

Work highlights

  • Advised Corp Group Banking and Corp Group Interhold (and their affiliates) on the restructuring of their assets and liabilities (through a Chapter 11 proceeding) before the Bankruptcy Court of Delaware.
  • Assisted Valle Nevado with the negotiation and approval of a judicial debt restructuring procedure.
  • Assisted Inversiones SAMS with the renegotiation of its financial liabilities.

Chile > Capital markets Tier 1

The ‘outstanding’ 40-strong department at market stalwart Carey has extensive experience advising issuers, bondholders and stockholders on corporate and securitised bonds, as well as both public and private securities. Other areas of strength include cross-border IPOs, capital increases, derivatives, debt issuances and securitisations. The team also has enviable regulatory compliance and corporate governance expertise. One recent highlight saw Diego Peralta lead advice to Deutsche Bank and other financial institutions on the Banco del Estado de Chile’s $5bn notes issuance. The deep bench of highly-rated practitioners also includes Salvador Valdés, who advises on local bond issuances and other capital market deals; debt and equity transactions expert Francisco Ugarte; Felipe Moro, whose broad experience includes US private placements and Rule 144A/Reg. S deals; the dual qualified (Chile/New York) Patricia Silberman, who has advised the likes of Goldman Sachs and BlackRock; and equity securities specialist Cristián Eyzaguirre. Jorge Ugarte (debt and equity issues and liability management transactions); Francisco Guzmán (capital increase transactions and secondary share-offerings, among other matters); and securities issuance expert Cristián Figueroa, are also integral to a practice that has been further strengthened with the raising to the partnership of Fernando Noriega and Alejandra Daroch in April and November 2021, respectively.

Testimonials

The Carey team is experienced, knowledgeable, accessible and responsive.

A group of outstanding partners and associates who provide an excellent service to their clients, and work collaboratively with international counsel on some of the most complex cross-border securities transactions involving Chilean companies and the US capital markets.

As one of the leading firms in Chile, the Carey team is involved in many high-profile capital markets transactions, and has a perspective on cross-border transactions that few local firms can match.

A top firm in Chile with an excellent finance practice.  We worked together on a very innovative financing in Chile, and it was able to resolve some very difficult issues.

I worked mainly with Salvador Valdés and Patricia Silberman, who were fantastic to work with and available all the time.

Key clients

Enel Americas

Deutsche Bank

Citigroup

Celeo Redes

Codelco

Goldman Sachs

JP Morgan

Santander Investment Securities

Moneda AGF

Zentynel

Transbank

Falabella

Atento

Work highlights

  • Advised Enel Américas on its capital increase and the registration of newly issued shares.
  • Advised Deutsche Bank and other financial institutions (as dealers) on the $5bn issuance of senior, unsecured medium-term notes by Banco del Estado de Chile.
  • Assisted Celeo Redes in relation to the issuance and placement of $1.1bn in senior secured notes.

Chile > Competition and antitrust Tier 1

Fielding ‘a very strong free competition team that is constantly up to date‘, Carey‘s sizeable 18-strong antitrust practice consistently acts in the Chilean market’s most high-profile cases before both the Antitrust Court (Tribunal de la Libre Competencia/TDLC) and the Supreme Court. The group is also sought out for its assistance with investigations before Chile’s National Economic Prosecutor (Fiscalía Nacional Económica/FNE). Other areas of strength range from merger control processes to voluntary consultations with the TDLC, internal audits, regulatory compliance programmes and the development of codes of good practice. The practice is jointly led by Claudio Lizana, who routinely litigates major antitrust cases, as well as advising on merger control processes; Lorena Pavic, an ‘absolutely phenomenal‘ antitrust litigation and merger control regime specialist (and the current director of the Universidad Católica de Chile’s Centre for Antitrust Studies); and ‘excellent lawyerJosé Pardo, who was promoted from associate to partner in November 2021.

Testimonials

The lawyers are available and proactive without being invasive – they always deliver extremely valuable contributions and outperform other firms in terms of knowledge of our business and speed of response.

Knowledge of local and international matters, the search for solutions, and knowledge of different industries and markets.

A very strong free competition team that is constantly up to date on the latest trends, papers and news; and they work in a very coordinated way both internally and with external teams.

A strong team with good business sensitivity, and excellent knowledge of the law and the latest jurisprudential developments.

The free competition team is committed, informed, diligent and very thorough in its work.

Lorena Pavic is an exceptional antitrust attorney – absolutely phenomenal and very up to date on commercial matters, with a strategic view of the business that is rarely seen.

Lorena Pavic is capable of reaching consensus within multidisciplinary teams, even when the scenario may be adverse or complex.

José Pardo is an excellent lawyer, who is a very good communicator and able to anticipate future risks within different areas.

Key clients

Cencosud

Mastercard International

Enap

Kantar IPOBE Media Chile

Nestlé

Bayer

WOM

Grunenthal

Fiat Chrysler

Kraft Heinz

Work highlights

  • Acted for Mastercard International on a public consultation proceeding before the TDLC concerning the tariff system implemented by Transbank.
  • Assisted Fiat Chrysler Automobiles with a mandatory notification before the FNE, in relation to its cross-border merger with Peugeot.
  • Assisted Nestlé with a mandatory notification before the FNE in relation to its acquisition of La Fête Chocolat.

Chile > Compliance Tier 1

Acting for a wide range of foreign and local clients, Carey‘s ‘very specialised and flexible‘ compliance and anti-corruption practice is widely respected for its advice on corporate governance, regulatory and compliance matters. The group handles both compliance advice on the Chilean Corporate Criminal Liability Act (including compliance programmes), and allegations of corruption and money laundering (frequently requiring multi-jurisdictional perspectives). The firm further stands out for its role as the Chilean legal partner of TRACE Anti-Corruption Bribery Systems, with the compliance team -working alongside the firm’s white-collar crime practice- consistently representing clients facing criminal enforcement actions. The compliance practice of department head Guillermo Acuña (who also co-heads the firm’s corporate and M&A group) focuses on designing and implementing tailored anti-corruption compliance programmes, as well as bribery allegations and internal investigations. ‘Always personally involved in the work‘, associate Pablo Albertz‘s practice covers criminal compliance, anti-corruption, money laundering prevention, corporate crime risk management, and white-collar criminal litigation. Former senior associate Francisca Franzani left the firm in December 2021, since when Rodrigo Aldoney  has been hired (from BCP Abogados) as a senior counsel in the firm’s criminal practice – effective as of February 2022.

Practice head(s):

Testimonials

A very specialised and flexible team.

The lawyers adjust to the needs of the clients and give punctual follow-ups.

A highly collaborative team.

Clients value that the highest ranks of the firm are aware of your issues and follow up on them personally.’

Associate Pablo Albertz is always personally involved in the work and follow-up on cases.

Pablo Albertz gives punctual responses and works side by side with the client.

Key clients

Oracle Chile

Sinovac Biotech

Honeywell

Telefónica Global Solutions

Kohlberg Kravis Roberts

Credit Suisse

Patria Investments

Liberty Compañía de Seguros

Wayra Chile Tecnología e Innovación

CCLA Group

Work highlights

  • Assisted Oracle Chile with the preparation of anti-corruption training materials.
  • Assisted Sinovac Biotech Compan with reviewing a series of policies, protocols and procedures that make up part of its compliance programme.
  • Advised Honeywell on the design and implementation of a crime prevention model.

Chile > Consumer and advertising law Tier 1

The advertising and consumer law practice at full-service legal giant Carey is particularly active in voluntary collective procedures before SERNAC; advertising, marketing and recall campaigns; safety and warranty policies; and importing and commercialising products in the Chilean market. Another area of strength is e-commerce, while the group also has broad litigation experience in class and individual actions surrounding product liability, misleading advertisements, consumer safety and contractual compliance. The practice co-heads are Guillermo Carey  and Aldo Molinari  , whose recent activities include co-leading the defence of General Motors Financial Chile against a SERNAC-filed class action for allegedly infringing consumers’ rights in relation to extrajudicial collection practices. At associate level, Mónica Pérez's broad litigation and commercial arbitration practice includes consumer protection mandates, and Kureusa Hara  is an up-and-coming lawyer who focuses on advertising legislation and consumer regulation. Former senior associates María José Martabit and Eduardo Reveco both exited the firm in late 2021 (for an academic role at the University of Washington and PAGBAM Schwencke Chile, respectively).

Practice head(s):

Testimonials

Carey’s team was crucial to making successful progress on consumer remediation processes and the certification of internal processes that give guarantees to consumers. We have achieved a very close and collaborative working relationship, with a high level of commitment and focus on the client.

Carey’s team has a high level of training and experience, as well as relationship skills that facilitate collaborative work. The high level of knowledge in specific matters gives us peace of mind – a pillar of support for our work.

Key clients

Adidas Chile

Adobe

Ald Automotive

Algramo

Atika

Banco Internacional

Bayer

Blanco y Negro

BMW

Booking.com

Brother Global

Canada Goose

Cerro Paine

Clorox Chile

The Clorox Company

Comercializadora Asiamerica Compañía

Cooper Tire

Decathlon

Dunnhumby Chile

Empresas Iansa

Epson America

Essity North America

FEIN

Galderma Chile Laboratorios

General Motors Financial

Golden Goose

HSBC Bank

Herbalife

Hughes de Chile

HunterDouglas Chile

Iansagro

Isapre Cruz Blanca

Kaizen Gaming International

Kraft-Heinz

Laboratorios Andrómaco

LDA

Lemonbank

Mastercard International

Mercado Libre Chile

Meta

Nestlé Chile

Not company

Nu Skin Enterprises Chile

Pepsico

Evercrisp Snack Productos De Chile

Porsche Volkswagen Servicios Financieros Chile

Softys Chile

Starlink Chile

Toyota Chile

WOM

Yandex.Go Israel

Work highlights

  • Assisted LDA with a national recall process carried out before the Servicio Agrícola Ganadero and SERNAC.
  • Defended WOM against a class action that was filed by an association of consumers, ASOCOT, in relation to alleged infringements of the Consumer Protection Act (particularly advertising regulations).
  • Acted for Adidas in several matters, including a judicial action filed by SERNAC, which was based on alleged infringements of offers and promotional regulations.

Chile > Corporate and M&A Tier 1

On par with major New York law firms‘, Chilean behemoth Carey houses ‘an outstanding group of partners and associates‘ who are ‘experienced, knowledgeable, accessible and responsive‘. The 54-strong practice is sought out for its expertise in a broad range of M&A deals, such as takeovers via public offerings, minority share purchases, acquisitions of companies and asset packages, private equity transactions, and insolvency and reorganisation-related acquisitions. Within the large partner pool, Jorge Carey is a go-to adviser for both government institutions and private industry; managing partner Jaime Carey T is a tax expert with deep knowledge of M&A and foreign investment transactions; Claudio Lizana focuses on corporate law, M&A, antitrust regulation and merger control; Pablo Iacobelli is a deeply experience  corporate and transactional specialist; while Salvador Valdés is highlighted as ‘very skilled‘, and Francisco Ugarte and Cristián Figueroa are also true M&A experts. Additional key partners include Marcos Ríos and Patricia Silberman, who are both Chile and US-qualified; corporate aviation expert Guillermo Acuña; Cristián Eyzaguirre and Jorge Ugarte, both of whom act on M&A and private equity matters; and Francisco Guzmán, who leads the firm’s commercial office in Miami. The senior bench was further strengthened with the raising of Jaime Carey A and Alejandra Daroch to the partnership; and senior associate Josefina Marshall is also noted.

Testimonials

The Carey team is an experienced, knowledgeable, accessible and responsive group of outstanding partners and associates, who provide excellent service to their clients and work collaboratively with international counsel on some of the most complex cross-border transactions involving Chilean companies.

As one of the leading firms in Chile, the Carey team is involved in many high-profile cross-border M&A transactions, and has a perspective on cross-border transactions that few local firms can match.

The Carey team is very responsible and responsive, and on par with major New York law firms.

They are friendly lawyers, who are specialists that are flexible and find solutions. The lawyers that stand out are Jorge Ugarte and Alejandra Daroch.

Salvador Valdés is very skilled, committed, balanced, conciliatory and creative. He also has a wide network, which helps clients a lot.

Patricia Silberman is an outstanding partner with extensive US legal experience, who provides excellent service on cross-border M&A transactions.

Cristián Figueroa is a highly knowledgeable and experienced lawyer, who is able to navigate the complexities of transactions that have no precedent and involve extensive discussions with the Chilean regulators.’ He also works collaboratively with international counsel and makes the coordination of Chilean and non-Chilean legal matters very smooth, which provides the client with seamless legal advice across all aspects of cross-border M&A transactions.

We have worked very closely with Cristián Figueroa on a number of highly complex and unprecedented reorganisation transactions that he has led from the Chilean side. With Cristián on the team, you can be confident that the Chilean law side is under control.

Key clients

Urbaser

Capstone Mining Corp

Cinven

Birch Hill Equity Partners

Patria Investments

Brookfield Infrastructure Partners

BlackRock

Continental Grain

Ambipar

Asterion Industrial Partners

Grupo Gibraltar

Falabella

Liberty Latin America

Work highlights

  • Advised Urbaser, an environmental services provider, on its €3.5bn sale to Platinum Equity.
  • Advised Capstone Mining Corp on a $3.3bn joint venture with Mantos Copper.
  • Advised private equity firm Cinven on its €1.24bn acquisition of a 79% stake in fibre optic business Ufinet Latam.

Chile > Data privacy Tier 1

The data protection practice at legal giant Carey fields ‘lawyers who are very good at describing things in a simple way‘, with its longstanding experience encompassing a wide array of privacy matters, cybersecurity issues and technology-related work. In addition to its assistance with the application of local data protection regulations, the seven-strong team advises on privacy by design, data processing agreements, employees’ use of technological devices, cookie policies, international data-transfers, codes of conducts, and privacy policies. Heading up the practice, the broad IP and technology expertise of Guillermo Carey (a past president of the American-Chilean Chamber of Commerce) covers a broad range of data privacy matters; recently promoted practice director José Ignacio Mercado focuses his data protection practice on health and pharma-related data issues; and senior associate Elias Mohor primarily acts on privacy, personal data and information security.

Practice head(s):

Testimonials

The response rate that we get from the firm is great – the lawyers are very helpful at providing immediate responses, even if more work is required later on.

Billing is reasonable and the lawyers are very good at describing things in a simple way. It is convenient to receive clear instructions and information about what exactly the legal recommendation is.

The team is very good and they have knowledge of the law and local experience.

Great response times and knowledge.

Compared to other firms, they are very good, diligent, answer objectively and seek solutions.

Very friendly people, who are open to understanding the issues and look for the best solutions.

Solid knowledge, speedy responses and strong solutions, and the team always thinks of the interests of the client.

Knowledge, dedication and speed of responses.

Key clients

Napse

Itrend

Amcham

Toyota

Banco Santander

Nokia

Microsoft

Alianza Chilena De Ciberseguridad

Metlife

Aguas Andinas

Amdd

Nestlé

Aleatica

Asics

Bci (Banco Crédito Inversiones)

Booking

Epson

Itau

Liberty

Daimler Ag

Omnibus

Pepsico

Evercrisp

Porsche

Volkswagen

Schneider

United Health Group

L’Oréal

Blackrock

Mastercard

Skadden

Mapfre Chile

Zimmer

Work highlights

  • Advised Napse on the negotiation of complex agreements with a large client in Colombia, involving the implementation and provision of SaaS and including the review and negotiation of a personal data processing agreement.
  • Advised Itrend on its incorporation, including assisting with the design of data-use policies and data-transfer agreements.
  • Assisted AmCham (the Chilean/US-American Chamber of Commerce) with an internal privacy compliance due diligence, which included the analysis of current data-processing procedures.

Chile > Dispute resolution: arbitration Tier 1

The large, 25-member arbitration practice (including four partners) at market stalwart Carey has enviable experience in national and international commercial and investment arbitrations. The ‘unique‘ group acts before both local and international institutions, such as the Arbitration and Mediation Centre of the Santiago Chamber of Commerce (CAM Santiago),  the International Court of Arbitration (ICC) and International Centre for Settlement of Investment Disputes (ICSID), as well as under United Nation Commission on International Trade Law (UNCITRAL) rules; and has extensive experience in arbitrating disputes in the media, construction, energy, mining and pharmaceuticals sectors. The principal figures are: Gonzalo Fernández (recently re-elected by the ICC as an ICA member in Paris for 2021- 2023), who ‘has a deep understanding of arbitration‘; Ricardo Reveco, an expert in commercial arbitrations involving corporate conflicts; Aldo Molinari, who focuses on commercial and investment arbitrations; and ‘outstanding practitionerJuan Carlos Riesco. Key associate Mónica Pérez has a broad domestic and international commercial arbitration practice.

Testimonials

The arbitration practice is unique for its interdisciplinary team, and needless to say it has vast experience in national and international arbitrations, and investment arbitrations. They also have four teams that can each take on complex arbitrations quickly, practically and creatively, while carefully guiding the client.

Excellent technical knowledge, with personalised service, great availability and understanding of clients.

The team is extremely responsive and proactive, with deep knowledge of the law, while also being very business oriented and practical.

Gonzalo Fernández has a deep understanding of arbitration and complex disputes. He has a very sharp mind and the rare ability to present difficult and technical arguments clearly to audiences and tribunals.

Juan Carlos Riesco is outstanding for his brilliant approach to very complex cases. Juan Carlos is a very intelligent person who can reduce complex problems into simple and understandable explanations, a very exceptional quality in cases involving great detail and highly technical matters. He is clear and direct with clients and proposes creative solutions, always thinking outside of the box.

Key clients

Sun Latam

Liberty and Mapfre

Worley

Work highlights

  • Acted for Worley International Services in a procedure before Santiago’s Court of Appeal involving the setting aside of an international arbitration award.
  • Acted for insurance companies Liberty and Mapfre in a dispute initiated by Empresa Portuaria Iquique and Iquique Terminal Internacional, which concerned indemnification to be paid by the insurers for earthquake-related damage.

Chile > Dispute resolution: litigation Tier 1

The weighty 25-strong practice at Chilean legal giant Carey is highly experienced in the resolution of complex civil and commercial lawsuits, including shareholder conflicts, environmental and sanctioning procedures, construction claims, and concessions-related disputes. Clients additionally benefit from the group’s leveraging the firm’s specialisms in construction, environment and consumer law, as well as regulated markets such as energy, health and pensions. The practice is jointly led by Gonzalo Fernández, who routinely acts in Chile’s most complex legal disputes; Ricardo Reveco, who ‘combines very high-level academic training with outstanding practical capabilities‘; Aldo Molinari, who undertakes administrative and environmental regulatory disputes, as well as civil and commercial litigation; and Juan Carlos Riesco, who is also a highly rate litigation partner. Within the associate pool, senior Mónica Pérez‘s broad practice includes pre-litigious advice to clients in the mining, insurance, energy,  retail and automotive sectors; and Roberto Villaseca routinely acts before both ordinary and special litigation courts.

Testimonials

Great agility, flexibility, and deep knowledge of jurisprudence and procedural matters.

The litigation team comprises highly-qualified professional lawyers who quickly detect the key points within litigation, and design the tactics needed to address them.

Because the professional level of the lawyers in the team is optimal in all cases, they are able to coordinate among themselves very quickly. It is clear that the choice of lawyers here is excellent.

Ricardo Reveco combines very high-level academic training with outstanding practical capabilities and high levels of efficiency – great experience.

Key clients

Sun Dreams

AFP Provida

Nueva Unión

Metlife Chile Seguros de Vida

Codelco

Central Hidroeléctrica Chanleufu

WOM

Enel

Baron Philippe de Rothschild

Clínica Lo Curro

Bayer

Laboratorios Silesia y Andrómaco (Grünenthal)

Fantástico Sur

CAP

Catalina Abbott Kramer

Banchile Administradora General de Fondos

Deloitte Auditores y Consultores

Work highlights

  • Acted for Sun Dreams in several lawsuits against the Chilean gambling regulator, in relation to the rightful application of regulations for the renewal of casino operation licenses in Chile.
  • Defended Group CAP against a lawsuit for contractual and extra-contractual civil liability, which was brought by a former CAP employee, who was the victim of a forgery and fraud.
  • Defended Bayer against a class action brought by consumer association ODECU against Bayer Chile and Arysta Lifescience Chile for several alleged infringements of the Consumer Protection Act.

Energy and natural resources > Electricity and hydrocarbon

Full-service law firm Carey fields a 13-strong energy group that consistently acts for developers and financial entities on some of the country’s major energy, gas and oil projects, Examples include coal, natural gas, hydroelectric power, liquefied natural gas, solar, wind, geothermal, and floating storage and regasification unit projects; the team’s full-service offering also covers regulatory issues, project development, and the negotiation of energy supply agreements. The practice is jointly led by Juan Francisco Mackenna and José Miguel Bustamante, who both focus on energy regulatory matters and energy projects; and mining and energy project specialist José Tomás Hurley (elevated to the partnership in November 2021). At senior associate level: Pablo Morales focuses on energy projects, while Carmenmaría Poblete‘s practice includes advising on the development, acquisition and financing of renewable energy projects.

Testimonials

Lawyers who know the market and business well, and have a pro-business vision that allows flexibility in certain situations.

Remarkable experience in regulatory issues and those associated with the energy market.

Carey’s team is characterised by its notable commercial focus, which is usually out of the box. It provided us with support on project development and financing issues, providing commercial solutions that have facilitated the progress of transactions.

Carey’s lawyers, in addition to their professional excellence, make a difference through their human qualities, commitment to clients, and thorough understanding of the market and energy business. I would highlight  partners Juan Francisco Mackenna and José Tomás Hurley, along with associate Carmenmaría Poblete.

The leading partners in this area are Juan Francisco Mackenna and José Miguel Bustamante, who bring significant experience in the development, financing and acquisition of renewable energy projects. Their outstanding commercial approach means they are a very important support for our business.

Key clients

Sonnedix Chile

Acciona Energía Global

Atlas Renewable Energy

Celeo Redes Chile

Mainstream Renewable Power

Sierra Gorda

Codelco

Renewable Resources Group

OPDEnergy

Daelim Energy

Work highlights

  • Advised Celeo Redes Chile on the acquisition of Colbún Transmisión, a Colbún subsidiary and large transmission company.
  • Assisted Sonnedix Chile with the financing granted by Sumitomo Mitsui Banking Corporation and DNB Bank ASA (senior loan) and Banco Security (VAT loan) for the development and construction of a solar photovoltaic plant.
  • Assisted Acciona Energía Global with the negotiation of a transmission line-related share purchase agreement.

Energy and natural resources > Mining Tier 1

With ‘incredible knowledge and understanding of mining regulation and practice‘, Carey‘s eight-member team consistently acts for metallic and non-metallic mineral mining companies on the country’s most important mining projects. The department assists with project development matters, financing and M&A deals, and its expertise covers exploration, exploitation and processing activities. The practice is co-led by Rafael Vergara, ‘a senior statesman in the mining legal world‘, whose expertise spans all aspects of mining law; Alberto Cardemil, one of Chile’s leading experts on water rights; and counsel Francisco Corona, whose practice focuses on natural resources, mining, energy and environmental law. Within the mining group’s senior associate pool, Maximiliano Urrutia is ‘a solid adviser‘, while Esteban Fresno assists with natural resources, mining, water, energy, environmental and indigenous law.

Testimonials

The teams are very specialised and understand the needs of clients very well.

The lawyers are business oriented – another the plus is that they possess a range of specialisms and work as a team.

Solid expertise, with excellent knowledge of both Chilean law and North American transactional practice, so the lawyers are great advisers to Canadian and US companies doing transactions involving Chile.

Carey has incredible knowledge and understanding of mining regulation and practice.

The firm’s lawyers understand the commercial considerations of the industry, and its trends and issues. They are very commercial and strategic, as well as being technically excellent from a legal and regulatory standpoint.

Rafael Vergara is a senior statesman in the mining legal world – knowledgeable, measured, creative, effective, and a good communicator. He is simply excellent and a joy to deal with. The same can be said of Alberto Cardemil.

Counsel Francisco Corona, partner Rafael Vergara and senior associate Esteban Fresno stand out in the mining space, providing outstanding legal advice on various mining-related issues.

Senior associate Maximiliano Urrutia provides a good service and is a solid adviser.

Key clients

Teck Resources

Codelco

Barrick Gold Corporation

Minera Valle Central

Minera Andes del Sur (Minsur)

Kinross

ENAMI

Aftermath Silver

Hudbay Minerals

Sichuan Tianqi Lithium Industries

Melon

Marimaca Copper Corp

New Century Resources

Star Royalties

Antofagasta Minerals

Work highlights

  • Assisted Nueva Unión on the implementation of a copper project.
  • Assisted Hudbay Minerals with the acquisition and protection of mining concessions in the north of Chile.
  • Assisted Aftermath Silver with the the acquisition of 20% of the Cachinal silver-gold project.

Chile > Environment Tier 1

The 12-member environmental practice group at full-service firm Carey comprises ‘very good professionals who give very appropriate legal advice‘. The team routinely advises on environmental impact assessments and environmental sanctioning proceedings, with its clients including mining, energy, infrastructure, water utilities, aquaculture and agriculture industry businesses. It also has extensive experience in water rights. Moreover, the firm’s environmental litigation practice, alongside the firm’s dispute resolution group (co-led by environmental disputes specialist Aldo Molinari), handles complex environmental litigation, including defences before the environmental courts. The department is co-led -in conjunction with Molinari- by Alberto Cardemil, who leads the firm’s water and agribusiness practices; and Rafael Vergara, who is experienced in regulatory and environmental evaluation processes. Within the senior associate pool, Tomás De La Maza is a water, agribusiness and corporate law expert, while Manuel José Barros and Julio Recordon both ‘stand out for their availability and flexibility‘.

Testimonials

Carey’s environmental team is made up of very good professionals who give very appropriate legal advice; and as a full service office, the environmental team understands business in its broadest sense.

Wide range of experts in different areas, who collaborate in search of viable solutions.

Senior associates Manuel José Barros and Julio Recordon both stand out for their availability and flexibility to meet the needs of our company.

Manuel José Barros is an excellent professional, who focuses on our business and understands environmental issues very well.

Professionalism and knowledge of specific issues with detailed reviews and advice on the entire process. We would highlight the work of Manuel José Barros.

Key clients

Codelco

Teck Resources

Mainstream Renewable Power

Melón

Sonnedix

Ferrero Rocher Group

Empresa Eléctrica Carén

Work highlights

  • Advised Sonnedix on a financing-related environmental assessment for a solar plant development.
  • Assisted Mainstream Renewable Power with the environmental assessment of wind farms.
  • Assisted Distributed Power Partners Holding with analysing the water supply for the development of the first and second phases of its green hydrogen project in Mejillones.

Chile > Insurance Tier 1

The 10-strong department at full-service, market stalwart Carey consistently advises domestic and foreign (re)insurers, brokers and insureds on insurance matters. Fielding experts in regulatory issues, underwriting, and contentious and non-contentious work, the ‘great‘ practice handles the representation of insurance companies in large and significant surety claims, the structuring of the local market’s major bancassurance alliances and disputes between market players, along with coverage lawsuits, and regulatory and sanctioning procedures before Chile’s Committee on Financial Markets (among other matters). The practice is jointly led by Matías Vergara, whose track record includes advising international insurance companies on their day-to-day activities and regulatory issues, as well as during crisis times; Pablo Iacobelli, whose practice includes insurance M&A and regulatory corporate matters for insurance companies; and insurance and reinsurance industry expert Marcos Ríos. At associate level, Jorge Soto‘s practice covers insurance and reinsurance industry-related work.

Testimonials

Excellent understanding of the business and the market, as well as the application of regulations to specialised companies.

A multidisciplinary team that addresses different points of view.

A great team with specialists in almost all areas. When they cover a topic they see it from different points of view, taking advantage of the diversity of areas covered by the firm.

Technically they have very complete knowledge.

Very well coordinated and efficient work.

Prompt responses to enquiries and requirements, agile responses, and proactive in proposing solutions.

Marcos Ríos and Matías Vergara both have a lot of specific and practical insurance knowledge. They not only provide legal advice, but also practical assistance so as to carry out the tasks required.

Key clients

AIG UK

Everest Re Group

Willis North America

BNP Paribas Cardif

BUPA

Liberty Mutual Insurance

MetLife

Mapfre

Solunión

Coopeuch

Work highlights

  • Assisted Liberty Compañía de Seguros Generales with recovery and collection actions.
  • Assisted Everest Re Group with both the incorporation of a Chilean non-life insurance company and the application before the Commission for the Financial Market to carry out insurance and reinsurance business in Chile and abroad.
  • Assisted Carpenter Marsh Fac Chile Corredores de Reaseguro (local reinsurance broker) and Marsh (foreign reinsurance broker) with updating their information in the Commission for the Financial Market’s registry.

Chile > Intellectual property Tier 1

The sizeable intellectual property (IP) group at full-service firm Carey consistently provides IP-related commercial and litigation advice to companies from the infrastructure, energy, mining, transportation, technology, life sciences and healthcare sectors. Its experience covers the prosecution and litigation of trade marks, patents and industrial designs, geographical indications, designations of origin, plant varieties, and domain names; and the department’s expertise further extends to copyright, anti-counterfeiting, technology contracting, licensing and IP management. The practice is jointly led by IP expert Guillermo Carey, whose track record includes IP litigation, trade marks, patents, and licensing, distribution and franchise agreements; Francisco Carey, who focuses on trade mark and patent procedures and prosecution, along with anti-counterfeiting and IP-related agreements; and counsel Fernando García, an expert on invention patents. At associate level, the deeply experienced Catalina Aldunate is an intellectual and industrial property specialist, while Carla Encalada‘s practice includes IP litigation, trade marks, patents and domain names.

Key clients

Nestlé

IMDEX

Crystal Lagoons

The Weir Group

Pontificia Universidad Católica

Mercado Libre

The Not Company

Novartis

Televisa

Adidas

HP

S&W Ingeniería Agrícola y Propiedad Intelectual

Work highlights

  • Assisted Nestlé with the filing and prosecuting of over 50 new patent and industrial design applications.
  • Assisted Crystal Lagoons with filing and prosecuting four new patents in over 37 countries around the world.
  • Assisted Socofar with performing several regional search reports, in relation to the expansion of the client’s trade marks (both in Chile and foreign countries).

Chile > Labour and employment Tier 1

The 18-strong team at market-leading firm Carey routinely advises national and international companies on corporate labour matters, labour litigation and union negotiations, as well as immigration issues. The labour group is also able to leverage the expertise of its tax, civil, criminal, data privacy and IP colleagues for complex labour and employment matters, and acts for an enviable client base spans industries such as airlines, pharmaceuticals, cosmetics, construction, mining, telecoms, retail, and banking and finance. The department is jointly led by Oscar Aitken, who has a broad labour practice, and whose recent experience includes advising an international airline on a collective bargaining process; labour and corporate immigration law specialist Francisca Corti, who ‘stands out for her solid knowledge in this area‘; and recently promoted partner Francisco Arce, an expert in employer-side union issues, collective bargaining, social security issues and labour litigation. Within the associate pool, Carla KarzulovicConstanza Trisotti and Valentina Kuscevic all have broad employment law experience.

Testimonials

Among the characteristics that I would most highlight about Carey’s labour law practice is the easy access to different people from the team, and the deep and up-to-date knowledge the lawyers have in this area.

I would highlight Francisca Corti, who stands out for her solid knowledge in this area, the search for flexible solutions when reviewing different options for the realities of each client, and the speed in managing matters.

Francisco Arce is competent, and has in-depth knowledge of the laws and the company I represent.

Key clients

American Airlines

Fluor Chile

JP Morgan Chase

Liberty Holdings International

State Grid

Bristol Myers Squibb

McKinsey

Safetypay

Coforge

Infraco

Work highlights

  • Assisted Celeo Redes with the employment and labour aspects of the acquisition of Colbún Transmisión.
  • Assisted Copley Equity Partners with the employment side of its purchase of Magna IV Engineering.
  • Assisted Ambipar Participações e Empreendimentos with the labour and employment side of its acquisition of Disal Ambiental Holding (and related companies in Chile).

Chile > Life sciences Tier 1

The best in the Chilean market’, Carey‘s life sciences practice has extensive experience in advising clients from the pharmaceutical, cosmetics, medical devices and food industries. Representative expertise includes advising on the incorporation of pharmaceutical companies in Chile before the sanitary authorities; and the sanitary registration and modification of pharmaceuticals, biotechnological products, cosmetics, and medical devices. Additional areas of strength cover product labelling, clinical trials, advertising, data privacy, patent defence work, compliance, and administrative procedures. The practice is co-led by Guillermo Carey, who routinely advises pharmaceutical laboratories on regulatory matters; pharmaceuticals, biotechnology, cosmetics and agribusiness sector expert Ignacio Gillmore; and counsel Fernando García, who consistently acts for life sciences companies. The impressive associate pool includes recently promoted director José Ignacio Mercado (pharmaceutical, cosmetics, food and medical devices regulations); José Santos Ossa, who focuses on life sciences, biotechnology and public law; food and beverages regulatory specialist Cristina Busquets; and Camila Suárez, who is also active in life sciences and regulatory work.

Testimonials

The best in the Chilean market.

Carey has one, if not the most, experienced life sciences team in Chile.

Carey’s team has a solid understanding of the industry and clients’ needs, and it is a real pleasure to work with them on regional projects for our pharma clients.

Good communication with clients and technical knowledge.

Knowledge of real cases and the criteria of the authorities.

The team has solid knowledge of this field and is always looking for options to the challenges posed. I also like its podcast and report that summarises any legislative changes.

Ignacio Gillmore is very easy to communicate with. An excellent pharma lawyer, who has strong knowledge of the industry, and always brings new ideas in, so as to provide his clients with solutions to problems or complexities that arise daily.

Great support from the pharma team, particularly associate José Santos Ossa.

Key clients

Janssen

Abbvie

Novartis

Nestlé

The Not Company

Biogen

Bristol Myers Squibb

Merck

Astellas

Vertex

CIF Chile

Sinovac

Novo Nordisk

Ewos

Roche

Work highlights

  • Assisted Sinovac with the regulatory aspects of vaccine production in Chile.
  • Ongoing assistance to Adimech in relation to regulatory, tax, corporate and antitrust matters.
  • Assisted NotCo with several regulatory matters surrounding the import, commercialisation and advertising of food products, as well as administrative procedures.

Chile > Projects and infrastructure Tier 1

The sizeable infrastructure, project development and project finance practice at market stalwart Carey has extensive experience in the development, financing and execution of energy infrastructure projects (thermoelectric, hydroelectric, oil and gas, wind, photovoltaic and biomass). The firm’s heavyweight projects expertise also covers mining, roads, hospitals, telecoms networks, ports, airport infrastructure, concessions, and housing and hospitality services. The ‘deeply capable‘ practice fields several leaders, namely: Rafael Vergara, who routinely advises on major mining transactions in Chile; Oscar Aitken, who co-heads the firm’s construction and engineering group alongside real estate group head Juan Pablo Stitchkin; Juan Francisco Mackenna and José Miguel Bustamante, who both advise on a broad range of energy and infrastructure projects; water rights expert Alberto Cardemil, the co-head of the natural resources and environmental group; project development and finance specialist Felipe Moro; and Fernando Noriega, who focuses on project financing, banking law, lending, capital markets and foreign investment. Within the senior associate pool, Juan Pablo Vukasovic has notable projects experience, but former fellow senior Sophia Bobadilla left in February 2022.

Testimonials

In addition to being deeply capable and professional, Carey’s lawyers really listen to its their clients, and get sincerely involved with clients’ pain points.

Not just a law firm advising on someone else’s business, but more like an extended in-house team. That makes it unique.

Carey’s team is a consolidated group with great knowledge and recognised prestige. Telematic meetings, work on shared documents and digital signatures have been innovated, which have accelerated collaboration and favoured greater coordination and joint work.

Key clients

Lima Airport Partners

Minera Centinela

Aguas Pacífico

Highly Innovative Fuels

Sociedad Química y Minera

BlackRock

Américo Vespucio Norte

Statkraft

Asociación Chilena de Seguridad

Sonnedix

Fluor

Brookfield

Work highlights

  • Advised Lima Airport Partners, concessionaire of Lima’s Jorge Chavez International Airport, on the contractual strategy and preparation of the bidding documents and contracts for the expansion of the airport.
  • Advised The Bank of Nova Scotia, KfW IPEX-Bank, ING Capital, MUFG Bank, Sumitomo Mitsui Banking Corporation and Instituto de Crédito Oficial E P E on a $217m loan, which was granted to Ibereólica Cabo Leones II to refinance the construction of a 235MW wind farm.
  • Advised Antofagasta Minerals on the preparation, negotiation and project management of the expansion of the Centinela Project, which includes a copper concentrate plant, molybdenum plant, tailings deposit, and seawater pumping systems.

Chile > Public law Tier 1

The 10-strong department at full-service legal giant Carey acts across the full spectrum of administrative and constitutional law, regulated markets, and public litigation. The team regularly assists in relation to administrative and constitutional litigation, constitutional rights, and public procurement and public concessions. Other areas of strength range from sanctioning procedures, regulatory compliance, and state-owned companies’ regulations, to legislative and regulatory enactment; and the group is particularly well known for its legal opinions on complex private-public conflicts. The practice fields a number of experienced partners, namely: Ignacio Gillmore, who has vast experience in administrative contracts, public tenders, and administrative litigation; litigation head Gonzalo Fernández, a regulatory disputes specialist; Juan Carlos Riesco, who focuses on administrative sanctioning procedures that are led by public entities; and senior counsel and renowned constitutional practitioner Patricio Zapata, who was hired in August 2021 from Zapata y Compañía and is a former President of the Citizen Council of Observers of the Constituent Process. At associate level, senior Juan Ignacio Alarcón, along with Sergio Cifuentes, Martin Canessa and Carolina Baeza, are all key public law group members. However, mid-2021 saw Camilo Lledó leave to co-found Chahuán Letelier Lledó, and Cindy Thorsen move in house at Copec.

Testimonials

The lawyers thoroughly understand what we are, which allows them to give very complete and professional advice that is of great help.

Timely, great-quality advice.

High levels of professionalism and legal knowledge.

Solid knowledge of this area and the practical application of specific sector standards, and with good working knowledge of the application of the rules.

Patricio Zapata’s performance is superior.

Key clients

Sun Dreams

Banchile Administradora General de Fondos

Metlife Chile Seguros de Vida

Codelco

Universidad Católica de Chile – Red Salud UC

Track Group

Australis

DESCLab

Acrux Foundation

Work highlights

  • Assisted Codelco in relation to an internal investigation that showed that certain workers used their position as union leaders to hire an intermediary that utilised overpriced insurances and received economic benefits in return.
  • Advised Track Group on the bidding process for the Telematic Monitoring of Convicts Contract carried out by the Gendarmería de Chile.
  • Assisted Australis with a legal opinion on the unconstitutionality of revoking judicial sentences through legal remedies not intended for such purposes.

Chile > Real estate Tier 1

The 10-lawyer real estate practice at market stalwart Carey fields specialists in the development, financing, construction and sale of real estate projects from a range of sectors including residential, commercial, industrial, mining, energy and hospitality. Providing ‘an excellent service‘, the team is also active in relation to casinos, agro-housing, conservation parks, shopping centres, office buildings and educational centres. Other areas of expertise include the purchase, sale, lease and securitisation of portfolios, along with real estate asset management. Leading the firm’s real estate group, Juan Pablo Stitchkin‘s track record includes advising international companies on the negotiation of real estate purchase and lease contracts; and counsel Eduardo Martin‘s experience includes advising Sencorp on an agreement to promote several real estate initiatives. The associates to note are Tomás Varela and Javiera Avilés, who both advise domestic and foreign clients on real estate development projects.

Testimonials

A great team that is very focused on providing solutions, not only legal but also business perspectives, providing an excellent service.

I believe that the team acts with great consistency in a highly coordinated and multidisciplinary manner. I believe that this in particular is what makes it stand out.

What distinguishes Carey’s real estate team is its creativity and ability to propose solutions to complex or non-traditional problems. If it is a large-scale project, it is definitely a team with the necessary technical strength – very good negotiators too.

The lawyers are very proactive, always show availability and adapt to the client’s needs – a very prepared team.

Juan Pablo Stitchkin is creative and a good negotiator – he knows the real estate and infrastructure sectors very well. He is practical, and a great ally who makes things happen.

Associate Tomás Varela, delivers tailored, creative and practical strategic legal solutions, seeking to assess and mitigate the different legal risks of each matter.

‘Tomás Varela is very pragmatic and efficient.

Associate Javiera Avilés is very responsible and committed.

Key clients

Sinovac

RR Donelley Chile

Credicorp Capital

Sencorp

SMU

H&M

Nabiax

Work highlights

  • Assisted Sinovac Biotech (Chile) with the purchase of an industrial complex.
  • Assisted RR Donelley Chile with the sale of its industrial facilities.
  • Assisted Credicorp Capital, through a $27m investment fund, with a joint venture with Inmobiliaria Maestra to develop residential real estate projects in Santiago.

Chile > Tax Tier 1

Carey‘s ‘fantastic‘ 17-strong department delivers ‘impeccable technical knowledge and client service in the style of the best NY firms‘. The team is consistently involved in structuring complex, national and international transactions, along with tax litigation, tax planning and tax due diligence processes; and the firm’s transfer pricing practice is increasingly active. The specialised tax practice is jointly led by ‘star‘ practitioners Jessica Power, who has longstanding experience in tax consulting, tax planning, and M&A and finance-related tax issues; managing partner Jaime Carey T, a go-to adviser for private wealth clients; Manuel Alcalde, who rejoined the firm as a partner in April 2021, further to three-years as the Chilean Ministry of Finance’s head of tax policy; and Manuel José Garcés, a specialist in tax advisory, personal and corporate tax planning, foreign investments and tax litigation. At associate level, senior Daniela Pfeffer is also an experienced tax adviser, while Ximena Silberman departed to undertake her LLM at Universidad Adolfo Ibáñez.

Testimonials

Carey clearly understands clients’ perspectives, and it is very business oriented and aligned with our values of integrity and compliance. Even when the matter under analysis is highly technical, it offers clear advice.

The individuals are very easy to work with and always available – they understand the clients’ urgencies and timing.

Carey always has a very solid interpretation of the law, and it is up to date with legislative developments and reports promptly – pioneers in the area of business reorganisation and corporate service.

Lawyers that are both talented and humble.

Carey’s practice is fantastic – impeccable technical knowledge and client service in the style of the best NY firms. It is also making an effort to modernise its technologies and form of client service.

An extremely complete team that is specialised in complex tax issues. Its partners have experience in the local and international market and respond to any requirement extremely quickly.

Great experience and commitment to delivering quick responses and the best solutions to problems raised. The team accompanies clients until the solutions are implemented.

Jessica Power is a star – always precise, relentless and with an impressive technical capacity and commercial focus. Highly recommended in Chile.

Key clients

Zurich Santander

Indura

OTPPB

AFP Provida

MetLife

CMPC

Marubeni

Teck

EssilorLuxottica

NotCo

Santander Consumer

Chilena Consolidada

Work highlights

  • Advised Celeo Redes on the tax aspects of the investment structure for the purchase of a local electric transmission company.
  • Assisted Goldman Sachs with the tax aspects to the structuring of a financing structure for local electric generation companies, further to a change of law on tariffs.
  • Advised EssilorLuxottica on the Chilean carve-out of its acquisition of a 76.72% ownership interest in GrandVision from HAL Optical Investments.

Chile > TMT Tier 1

The 13-member department at legal giant Carey consistently advises on significant TMT-related regulatory, corporate, financial and contractual issues, including the multi-jurisdictional management of cross-border projects. The ‘powerful‘ practice’s representative expertise covers technology contracting, internet and net neutrality, Internet of Things (IoT) and OTT matters, along with online platforms, cloud technologies, robotics and blockchain. Other areas of strength include smart contracts, cryptocurrencies, algorithms, AI, data protection and cybersecurity. The practice is jointly led by Alfonso Silva, an expert in telecoms sector-related regulatory and transactional issues; IP expert Guillermo Carey, whose broad expertise covers licensing, e-commerce, technology transfers, and distribution and franchise agreements; and telecoms regulatory counsel Eduardo Martin. At associate level, senior Raúl Mazzarella‘s TMT practice includes blockchain and cryptocurrency work, while recently promoted director José Ignacio Mercado focuses on privacy, data protection and cybersecurity issues.

Testimonials

Carey is unique in the sector for its prestige, experience and ability to adapt to various challenges and scenarios. It is difficult to think of legal teams as powerful or more powerful than Carey in this area.

Alfonso Silva’s experience and knowledge of the sector are excellent. He stands out for his innovative vision and ability to find solutions for different situations.

The knowledge of Eduardo Martin and Alfonso Silva stand out. Both propose innovative ideas based on their proven experience in telecoms.

Key clients

WOM

Blanco y Negro

Fondo de Infraestructura

BT

Grupo Werthein

Itrend

Liberty Chile

SBA Communications

Intelsat

Hewlett Packard Financial Services

Work highlights

  • Assists WOM with the corporate, regulatory, financing, compliance and antitrust aspects of its mobile telephone and data transmission operations in Chile.
  • Advised Grupo Werthein on the Chilean aspects of its acquisition of Vrio Corp.
  • Advising Fondo de Infraestrctura on the corporate, financial and regulatory issues surrounding the development and implementation of the Humbolt Submarine Cable Project.

Chile > Venture capital Tier 1

The ‘extremely fast and responsive‘ 20-strong venture capital (VC) department at legal giant Carey has extensive experience in advising both domestic and international VC funds on the acquisition and sale of companies, along with supporting start-ups during both initial stages and internationalisation processes. Other areas of notable strength include advising VC funds on their formation; and assisting with the search for effective structures to meet the needs of both investors and organisations that provide financial resources, such as the Chilean Agency for Economic Development (CORFO). The practice is jointly led by current President of the Chilean Venture Capital Association, Francisco Guzmán, whose experience includes advising numerous VC investment funds on their incorporation and capital raising, along with investments in Chilean and foreign start-ups; Guillermo Carey, who routinely provides entrepreneurial clients and investors with VC and IP-related advice; and Cristián Eyzaguirre, an expert in fund formation, and the structuring, registration and management of investment funds. At associate level, Andrés Latorre‘s practice also includes VC transactions.

Testimonials

I have worked with a few other firms from Chile, but Carey is one tier above the others.

They are extremely fast and responsive.

Excellent academic abilities that are combined with very high-level knowledge of the market and new trends.

Speed, quality and excellence, with a warmth to the lawyers’ way of approaching issues and relationships that makes one not want to work with anyone else!

A well-coordinated and very proactive team, with great knowledge of the issues and very well connected with the VC ecosystem in Chile, as well as in the world.

The lawyers give very appropriate advice on contracts and their characteristics, proposing those that best fit the profile of our company.’

Francisco Guzmán is a true authority on the subject and very well reputed. He is always available, and gives quick and accurate answers.

Associate Andrés Latorre is solid and proactive.

Key clients

Emasa Ventures

Phage Technologies

Zentynel Frontier Investments

Manutara Ventures

Cencosud Ventures

Kredito

Crypto.com

Genesis Ventures

Screen Capital

Kayyak Ventures

Chilean Venture Capital Association

CMPC Ventures

WeBoost Ventures

The NotCo

106 Ventures

Excel Ventures

Hubtec

WiseConn

Jeeves

Timining

Cells for Cells

Toteat

Softbank

Inti Tech

Dgo-On Corp

Science Haven

Work highlights

  • Acted for fintech entity Kredito on an equity financing round.
  • Assisted Phage Technologies (biotechnology company) with an equity financing round.
  • Acted for Kayyak Ventures, as lead investor, on a Series A financing round in WherEx, a UK based start-up.

Chile > Dispute resolution: white-collar crime Tier 2

Active in criminal economic and tax matters, cybercrime and anti-corruption legislation violations, Carey‘s criminal litigation practice also houses experts in asset laundering, and crime-related industrial and intellectual property law breaches. Former white-collar team head Alvaro Carreño recently left the firm (as did associates Francisca Franzani and Fernanda Montes), with the criminal law team now led by senior counsel Rodrigo Aldoney who joined in February 2022 from BCP Abogados; his practice covers all areas of criminal law, mainly economic and environmental crime, fraud, competition, corporate criminal liability and highly complex litigation in general. At partner level, litigation group co-head Gonzalo Fernández also acts on criminal matters, while the contentious practices of senior associate Eduardo Alcaino and associate Caterina Ravera are also primarily focused on white-collar crime.

Carey is Chile’s largest law firm with over 270 legal professionals and it is widely perceived as one of the leading law firms in Latin America. The firm was established in its present form in 1976. Its origins, however, can be traced to the year 1905 when Francisco Carey (1873-1946) started practicing law independently. Under the leadership of his son, Guillermo Carey (1912-1999), the firm became a leading player in the Chilean corporate legal market.

Carey is a full-service firm. The firm’s various corporate, litigation and regulatory groups include highly-specialized attorneys and practice areas covering all areas of law. Carey’s clients are some of the world’s largest multinationals, international organizations, and some of the most important local companies and institutions. The firm’s lawyers have graduated from the best law schools in Chile and most of its mid and senior-level associates have graduate degrees from some of the world’s most prominent universities.

Carey is an effective bridge between legal systems. Most of the firm’s partners and senior associates have worked in North America, Asia and Europe, as foreign or regular associates with leading international law firms, or as in-house counsel for major corporations or international institutions.

Carey is a member of several prestigious international legal networks which allow us to provide our clients with trusted, quality legal service that meets their needs both regionally and globally. Carey is member of: ALAE, ELA, FLI INTERLEX, PRAC, RIELA, TERRALEX and WSG.

Practice areas and industries: Carey’s practice areas and industries are: agribusiness; antitrust and regulated markets; arbitration; aviation; banking and finance; capital markets; China desk; compliance and anti-corruption; construction and engineering; consumer law and advertisement; corporate immigration; criminal law; customs and international trade; data protection; direct sales; energy; environmental law and litigation; family companies and holdings; fund formation; government procurement; hospitality and gaming; infrastructure and project development; insolvency, bankruptcy and restructuring; insurance and reinsurance; intellectual property; labor and employment law; licensing, franchising and distributorship; litigation; maritime and ports; mergers and acquisitions; mining; pharmaceuticals and biotechnology; private equity; public law; real estate; tax law; telecommunications, media and technology; venture capital; water rights.

DepartmentNameEmailTelephone
Chairman Jorge Careyjcarey@carey.cl+56 2 2928 2221
Managing Partner Jaime Careyjacarey@carey.cl+56 2 2928 2224
Partner Rafael Vergararvergara@carey.cl+56 2 2928 2210
Partner Diego Peraltadperalta@carey.cl+56 2 2928 2216
Partner Alfonso Silvaasilva@carey.cl+56 2 2928 2232
Partner Oscar Aitkenoaitken@carey.cl+56 2 2928 2223
Partner Claudio Lizanaclizana@carey.cl+56 2 2928 2207
Partner Pablo Iacobellipiacobelli@carey.cl+56 2 2928 2215
Partner Salvador Valdéssvaldes@carey.cl+56 2 2928 2230
Partner Guillermo Careygcarey@carey.cl+56 2 2928 2612
Partner Gonzalo Fernándezgfernandez@carey.cl+56 2 2928 2203
Partner Francisco Ugartefugarte@carey.cl+56 2 2928 2201
Partner Marcos Ríosmrios@carey.cl+56 2 2928 2208
Partner Juan Francisco Mackennajfmackenna@carey.cl+56 2 2928 2210
Partner Jessica Powerjpower@carey.cl+56 2 2928 2214
Partner Guillermo Acuñagacuna@carey.cl+56 2 2928 2206
Partner Lorena Paviclpavic@carey.cl+56 2 2928 2207
Partner Alberto Cardemilacardemil@carey.cl+56 2 2928 2211
Partner Felipe Morofmoro@carey.cl+56 2 2928 2231
Partner Cristián Eyzaguirreceyzaguirre@carey.cl+56 2 2928 2209
Partner Francisco Careyfcarey@carey.cl+56 2 2928 2638
Partner Ricardo Revecorreveco@carey.cl+56 2 2928 2213
Partner José Miguel Bustamantejmbustamante@carey.cl+56 2 2928 2381
Partner Juan Pablo Stitchkinjpstitchkin@carey.cl+56 2 2928 2223
Partner Aldo Molinariamolinari@carey.cl+56 2 2928 2213
Partner Jorge Ugartejugarte@carey.cl+56 2 2928 2201
Partner Francisco Guzmánfguzman@carey.cl+56 2 2928 2217
Partner Ignacio Gillmoreigillmore@carey.cl+56 2 2928 2612
Partner Cristián Figueroacfigueroa@carey.cl+56 2 2928 2209
Partner Francisca Cortifcorti@carey.cl+56 2 2928 2212
Partner Matias Vergaramvergara@carey.cl+56 2 2928 2208
Partner Juan Carlos Riescojcriesco@carey.cl+56 2 2928 2203
Partner Patricia Silbermanpsilberman@carey.cl+56 2 2928 2224
Partner Manuel José Garcésmgarces@carey.cl+56 2 2928 2226
Partner Manuel Alcaldemalcalde@carey.cl+56 2 2928 2226
Partner Fernando Noriegafnoriega@carey.cl+56 2 2928 2216
Partner Francisco Arcefarce@carey.cl+56 2 2928 2377
PhotoNamePositionProfile
Oscar Aitken photoMr Oscar AitkenPartner of Carey and co-head of the Labor and Corporate Immigration Group…
Manuel Alcalde photoMr Manuel AlcaldePartner at Carey and co-head of Carey’s Tax Group.
Francisco Arce photoMr Francisco ArcePartner of Carey and co-head of the firm’s Labor Group.
José Miguel Bustamante photoMr José Miguel BustamantePartner of Carey and co-head of the firm’s Energy Group.
Alberto Cardemil photoMr Alberto CardemilPartner of Carey and co-head of the firm’s Natural Resources and  Environmental…
Guillermo Carey photoMr Guillermo CareyPartner of Carey and co-head of the firm’s Intellectual Property and Information…
Francisco Carey photoMr Francisco CareyPartner of Carey and co-head of the firm´s Intellectual Property and Information…
Jaime Carey photoMr Jaime CareyCarey’s Managing Partner and co-head of the firm’s Tax Group.
Jorge Carey photoMr Jorge CareyChairman of Carey.
Francisco Corona photoMr Francisco CoronaCounsel of Carey’s Natural Resources, Energy and Environment Goup.
Francisca Corti photoMrs Francisca CortiPartner of Carey and co-head of the firm’s Labor and Corporate Immigration…
Alejandra Daroch photoMs Alejandra Daroch
Cristián Eyzaguirre photoMr Cristián EyzaguirrePartner of Carey and member of the firm´s Mergers & Acquisitions and…
Gonzalo Fernández photoMr Gonzalo FernándezPartner of Carey and co-head of the firm’s Litigation Group.
Cristián Figueroa photoMr Cristián FigueroaPartner of Carey and co-head of the firm’s Corporate / Mergers &…
Manuel José Garcés photoMr Manuel José GarcésPartner at Carey and co-head of Carey’s Tax Group.
Fernando García photoMr Fernando García
Ignacio Gillmore photoMr Ignacio GillmorePartner of Carey and co-head of the firm’s Life Sciences and Biotechnology…
Francisco Guzmán photoMr Francisco GuzmánPartner of Carey and member of the firm’s Mergers & Acquisitions and…
Pablo Iacobelli photoMr Pablo IacobelliPartner of Carey and co-head of the firm’s Corporate / Mergers &…
Claudio Lizana photoMr Claudio LizanaPartner of Carey and co-head of the firm’s Corporate / Mergers &…
Juan Francisco Mackenna photoMr Juan Francisco MackennaPartner of Carey and co-head of the firm’s Energy Group.
Eduardo Martin photoMr Eduardo MartinCounsel of Regulatory Matters of Carey’s Corporate / Telecom Group.
José Ignacio Mercado photoMr José Ignacio MercadoCounsel of Carey’s Data Protection and Technology group.
Aldo Molinari photoMr Aldo MolinariPartner of Carey and co-head of the firm´s Litigation Group.
Felipe Moro photoMr Felipe MoroPartner of Carey and co-head of the firm’s Banking and Finance Group.
Fernando Noriega photoMr Fernando NoriegaPartner of Carey and co-head of the firm’s Banking & Finance /…
José Pardo photoMr José Pardo
Lorena Pavic photoMrs Lorena PavicPartner of Carey and co-head of the firm’s Antitrust and Regulated Markets…
Diego Peralta photoMr Diego PeraltaPartner of Carey and co-head of the firm’s Banking and Finance Group.
Jessica Power photoMrs Jessica PowerPartner at Carey since 2008 and co-head of Carey’s Tax Group.
Ricardo Reveco photoMr Ricardo RevecoPartner of Carey and co-head of the firm’s Litigation and Insolvency, Bankruptcy…
Juan Carlos Riesco photoMr Juan Carlos RiescoParner of Carey and co-head of the firm’s Litigation Group.
Marcos Ríos photoMr Marcos RíosPartner of Carey and co-head of the Corporate / Mergers & Acquisitions…
Patricia Silberman photoMrs Patricia SilbermanPartner of Carey and co-head of the Corporate / Mergers & Acquisitions…
Alfonso Silva photoMr Alfonso SilvaPartner and head of Carey’s Corporate / Telecom Group.
Juan Pablo Stitchkin photoMr Juan Pablo StitchkinPartner of Carey and co-head of the Construction and Engineering Group and…
Francisco Ugarte photoMr Francisco UgartePartner of Carey and co-head of the firm’s Corporate / Mergers &…
Jorge Ugarte photoMr Jorge UgartePartner of Carey and co-head of the firm´s Corporate / Mergers and…
Salvador Valdés photoMr Salvador ValdésPartner of Carey and co-head of the firm’s Corporate / Mergers and…
Matías Vergara photoMr Matías VergaraPartner of Carey and co-head of the Insurance and Reinsurance / Customs…
Rafael Vergara photoMr Rafael VergaraPartner of Carey and co-head of the firm´s Natural Resources and Environment…
Patricio Zapata photoMr Patricio ZapataSenior Counsel of the Public Law group.
Other fee-earners : 272
Total staff : 525
Spanish
English (fluent)
Italian
French
German
Chinese (Mandarin)
Hebrew
TerraLex
The Interlex Group
Pacific Rim Advisory Council (PRAC)
World Services Group (WSG)
FLI
Equity partners : 37