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Work +56 2 2928 2200
Carey, Marcos Ríos, Santiago, CHILE

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Marcos Ríos

Work +56 2 2928 2208

Work Department

Mergers and Acquisitions / Hospitality and Gaming / Insurance and Reinsurance /
Government Procurement.


Partner of Carey and co-head of the Corporate / Mergers & Acquisitions / Insurance / Government Procurement Groups.


His practice focuses on mergers and acquisitions, government procurement, corporate compliance, insurance, real estate and gaming law matters.

Recognized in Corporate and M&A and in Compliance, Chambers Latin America.
Recognized in Government Contracts and Investigations, Who's Who Legal.
Recognized in Thought Leaders Global Elite, Who's Who Legal.
Recognized in Corporate and M&A, Latin Lawyer 250.
Recognized in Corporate and M&A, and Insurance, Best Lawyers.
Recognized in Anti-Corruption & Compliance, LACCA.

Co-author of the Chilean chapter of "Foreign Investment in South America: A Comprehensive Guide to Infrastructure and the Legal Environment", American Bar Association (2018).
Co-author of "International Joint Ventures: A Guide for U.S. Lawyers", American Bar Association (2013).
Co-author of the Chilean chapter of Anti-Corruption Regulation, Getting the Deal Through (2011 to 2013).
Author of "Doing Business in South America", International Practitioner’s Deskbook Series, ABA Section of International Law (2011).
Co-author of the Chilean chapter in "Joint Ventures in the International Arena", amongst others, 2nd Edition, International Practitioner’s Deskbook Series, ABA Section of International Law (2010).
Author and editor of several articles published in the book The International Lawyer, including papers on corporate issues, energy, natural resources, gaming law, labor law and other regulatory matters, ABA Section of International Law (since 2005).
Co-author of "International Arbitration: Practical Considerations with a Latin American Focus", The Journal of Structured and Project Finance (2003).

Frequent speaker at international seminars on legal matters relevant to his practice, including corporate compliance, anti-corruption, etc.


Spanish and English.


Member of the District of Columbia Bar.
Member of the American Bar Association’s Section of International Law: Revenue Office, Executive Committee, Administration Committee and Council member (2017-2018); Membership Officer, Executive Committee, Administration Committee and Council member (2015-2016); Division Chair at Finance Division, Council Member (2012-2015); Senior Advisor, Chair, Vice-Chair, Latin American & Caribbean Committee (2004-2014).
Training to Latin American subsidiaries of U.S. companies on FCPA and other compliance matters.
Professor of the LL.M. in U.S. Business Law, Universidad de Chile and American University’s joint program (2006-2009).
Active participant in the Phillip C. Jessup International Law Competition, as final-round judge in charge of selecting the Chilean Team (since 2007).
Senior associate, Hogan & Hartson (currently Hogan Lovells), Washington D.C. (2001-2004).
International Associate, Simpson Thacher & Bartlett, New York (1999-2000).
In-house Counsel, Western Mining Corporation, Havanna, Cuba (1995-1996).


Law, Universidad de Chile.
LL.M., Georgetown University Law Center (graduated with honors) (2001).


Corporate and M&A

Within: Corporate and M&A

Highly rated in the market for structuring M&A deals,¬†Carey¬†is 'a full-service firm with well-trained lawyers, who are highly responsive, experienced, connected and practical'. Its¬†expertise includes takeovers through public offerings, minority share purchases, acquisitions of companies or asset packages, private equity transactions, and company and asset purchases during insolvency or reorganisation scenarios. Recent areas of growth for the practice include venture-capital deals, including equity investments and buyouts of local start-ups by foreign companies, while the compliance practice is highly rated for advising on risk prevention and mitigation. The active client list includes¬†MetLife, Danaher, UnitedHealth,¬†Scotiabank, Brookfield and Enel. In a deal involving several jurisdictions (and in a heavily regulated sector), Pablo Iacobelli,¬†Cristi√°n Eyzaguirre¬†and¬†Francisco Guzm√°n¬†¬†led advice to pharmaceutical distribution company¬†Cardinal Health its $6.1bn acquisition of Medtronic's¬†medical supply business. Other notable mandates included advising British private equity firm CVC Capital Partners on the local aspects of its $4.7bn acquisition of a 20 per cent stake in Gas Natural Fenosa; and assisting multinational pharmaceutical, chemical and life sciences company Merck with¬†the Chilean aspects of the global 4.2bn sale of its health consumer business to Procter & Gamble. Firm chairman Jorge Carey is 'visionary' and 'a brilliant strategist', managing partner¬†Jaime Carey¬†'provides excellent support' and¬†Marcos R√≠os¬†is the compliance contact.¬†Claudio Lizana, ¬†Salvador Vald√©s, Francisco Acu√Īa¬†and¬†Guillermo Acu√Īa, along with¬†Jorge Ugarte,¬†Cristi√°n Figueroa¬†and Francisco Ugarte¬†are also all highly regarded, as is counsel Patricia Silberman.

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