Firm Profile > Jara del Favero > Santiago , Chile

Jara del Favero
AV EL GOLF 99
7TH FLOOR, LAS CONDES
SANTIAGO
Chile

Mining Tier 2

Jara Del Favero & Ried Fabres 'has a deep and wide understanding of the legal system applicable to natural resources, which enables it to manage very complex matters'. The practice assists with all stages of mining projects, ranging from mineral exploration to obtaining concessions and constituting  mining easements; other areas of strength include the development, financing, construction and commercial operation of projects. Antofagasta Minerals, Minera Centinela and SCM Minera Lumina Copper Chile (SCM) are active clients; the team advises SCM on an ongoing basis in relation to the Caserones mining project. Gabriel Del Favero and Felipe Ovalle are highly rated; consultant Hipólito Zañartu is also a key contact, but former associate Javier Ruscic left to establish PRB Abogados in mid-2019.

Environment Tier 3

Jara Del Favero & Ried Fabres assists with the environmental impact assessments (EIAs) of investment projects, the enforcement of environmental regulations, and environmental lawsuits and appeals involving environmental non-compliance and damages. Key clients include Minera Los Pelambres, Monsanto Chile, Transelec and Empresa Eléctrica Carén; the team recently defended olive oil producer Olivares de Quepu against sanctions. Gabriel Del Favero Valdés is highly regarded; however, associates Dino Pruzzo Gonzalez and Javier Ruscica left to estabish PRB Abogados in June 2019.

Banking and finance Tier 4

Jara Del Favero & Ried Fabres demonstrates expertise across the full range of banking and finance matters, derivative trading and complex financing structures, as well as in regulatory issues. An impressive client roster includes lenders such as Deutsche Bank, Banco Santander, BCI Group, BTG Pactual, Larrain Vial and Itaú Corpbanca; as well as borrowers such as Antofagasta, Lumina Copper and Pfizer. Recent mandates include assisting Banco Internacional with a  $40m local bond issuance; BBVA-affiliate Forum Servicios Finacieros with the termination of two lines of commercial paper and the registration of a new line for approx. $180m; and Deutsche Bank regarding the winding up of all its activities in Chile. The team has also been advising Banco Santander, Banco BCI and Consorcio Group, among others, with the renegotiation of their ISDA agreements with the corresponding international financial institutions. The sizeable, 16-strong team is co-led by  acquisition and project finance-focused Felipe Ovalle, Cristián Fabres (who also leads the firm's investment and mutual funds practice), and José Miguel Ried  (formerly in house counsel at the Santiago Stock Exchange, he heads up the derivatives practice). Further depth comes from investment funds-focused Alvaro Caviedes  and Gabriel Del Favero, whose practice bridges the energy, natural resources and finance /banking sectors. Senior associates Christian Schiessler  (capital markets, funds, wealth management) and Ricardo Abogabir  (bond offerings, regulatory matters, derivatives) provide a strong second line.

Corporate and M&A Tier 4

Jara del Favero Abogados and Ried Fabres merged in 2018 to become Jara Del Favero & Ried Fabres; the now sizeable 22-strong practice has extensive experience advising companies on corporate matters and M&A transactions. Notable clients include General Electric, Antofagasta Minerals Group, AstraZeneca, Monsanto Chile, Deutsche Bank and Itaú Corpbanca; headline mandates included advising Pfizer Chile on the local aspects of the company's $900m sale of Hospira Infusion Systems to California-based ICU Medical. The key contacts are Álvaro CaviedesCristián FabresSven Herlin, Felipe OvalleManuel Jiménez and José Miguel Ried.

Tax Tier 4

Jara Del Favero & Ried Fabres's Rafael Valdivieso is the tax department's lead partner. The team advises both Chilean and international companies on tax-related reorganisations, tax planning for individuals and business groups, as well as the tax issues surrounding corporate transactions and natural resources-related project finance.

Dispute resolution Tier 5

Jara Del Favero & Ried Fabres' dispute resolution practice undertakes matters ranging from contract breaches, mining-and-metals litigation and consumer protection issues, to real estate and construction claims and professional services disputes. Jorge Schenke heads the litigation, arbitration and negotiations department, of which Ricardo Brancoli is also a key member.

Electricity/oil and gas

Jara Del Favero & Ried Fabres is highly regarded for water law matters, such as the establishment of water rights, acquiring permits and Water Code authorisations; the team also advises on water right agreements for hydroelectric power generation. Name partner Gabriel Del Favero and consultant Hipólito Zañartu Rosselot are both contacts. However, in October 2019 the firm announced the incorporation of Marcelo Madrones, the former fiscal of Chile's Energy Ministry as head of the firm's energy and natural resources department; he has particular strength in regulatory matters across the sector. Clients include Antofagasta Minerals, Devon Inversiones and El Olivar de Manatiales are clients.

Jara Del Favero, Attorneys-at-Law, was founded in 1939 and is now a modern and multidisciplinary firm whose main task is to provide a comprehensive and excellent service to its clients. The firm currently advises national and international clients engaging in the most varied of businesses, such as financial institutions, utilities, mining, infrastructure, foods, forestry, agriculture, wine making, energy, environment, technology, tourism and the government.

Main areas of practice

Environment: the firm provides legal assistance regarding environmental regulations and the use and management of natural resources, counseling clients on the environmental impact assessment of investment projects, on the enforcement of strong environmental regulations and on renewable and non-renewable natural resources.

Mining and water law: the firm has expertise in assisting clients in all stages of mining projects, starting with mineral exploration and exploitation up to obtaining respective concessions, as well as in the development, financing and commercial operation of the project, and protection of mining concessions. Its lawyers have broad experience in providing advice to clients on all aspects of water law, such as the establishment of water rights, the obtainment of permits and authorizations according to the water code.

Finance: the firm assists clients on preparing and executing loan agreements, project finance agreements, banking and all other related finance agreements.

Tax: the firm advises clients in the design and implementation of structures appropriate to their business, and on the development of strategies and solutions to maximize their resources through a purpose-oriented legal structure. It makes inquiries to the Internal Revenue Service of Chile (IRS) and advises and represents its clients in any audits by the IRS or in tax lawsuits, whether before the IRS or the ordinary courts of law.

Litigation: the firm represents clients in any type of negotiation or lawsuit, developing strategies to lead them to satisfactory agreements, whether in civil, commercial, criminal, contentious or administrative lawsuits. Members of the firm perform jurisdictional duties as arbitrators.

Pharmaceuticals, food and cosmetics: the firm has vast experience advising companies linked with these areas and participates in all issues connected to these industries, such as product registration, commercialization authorizations, advertising, sanctioning processes and judicial claims.

Labor: the firm specializes in employment and collective contracts and negotiations, expatriates, visa proceedings and labor litigation.

Corporate/M&A: the firm has vast experience in planning and participating in restructurings, mergers, acquisitions, reorganizations and splits of companies or corporations, holding companies, matters involving securities and joint venture agreements.

Department Name Email Telephone
Corporate/M&A Felipe Ovalle fovalle@jdf.cl
Corporate/M&A Rafael Valdivieso rvaldivieso@jdf.cl
Tax Rafael Valdivieso rvaldivieso@jdf.cl
Litigation/arbitration Manuel Jiménez mjimenez@jdf.cl
Infrastructure and real estate Sven Herlin sherlin@jdf.cl
Labor Felipe Ovalle fovalle@jdf.cl
Finance Felipe Ovalle fovalle@jdf.cl
Pharmaceuticals, food and cosmetics Manuel Jiménez mjimenez@jdf.cl
Pharmaceuticals, food and cosmetics Andrea Abascal aabascal@jdf.cl
Natural resources, energy and mining Marcelo Mardones mmardones@jdf.cl
Photo Name Position Profile
 Felipe Ovalle photo Felipe Ovalle
Total staff : 30
Partners : 8