Mr José Miguel Carvajal > Morales & Besa > Santiago, Chile > Lawyer Profile

Morales & Besa
7550106 LAS CONDES

Work Department

Banking and Finance
Projects and Infrastructure 
Capital Markets


Partner at Morales & Besa and co-head of Banking and Finance, Project Finance and Capital Markets.


José Miguel Carvajal concentrates on commercial, finance and corporate areas, at both domestic and international level. He has extensive experience in loans, bond offerings, securitizations, and in foreign investment and foreign exchange matters.

Before joining Morales & Besa in 2006, he worked at Carey y Cía from (1997 – 2006), and as an international associate in Cleary Gottlieb Steen & Hamilton, New York (2001 – 2002).


Spanish and English.


Chilean Bar Association


Master of Laws (LL.M), University of Chicago, Law School (2001).
Postgraduate in Economy and Finance for lawyers, Universidad de Chile (2000).
Law degree, Pontificia Universidad Católica de Chile, Law School (1994).

Lawyer Rankings

Chile > Banking and finance

(Leading individuals)

José Miguel CarvajalMorales & Besa

Routinely advising both domestic and international clients from the financial, energy, infrastructure, entertainment and retail sectors, Morales & Besa‘s 12-strong practice is best known for its lender-side credentials, while also being sought out by major borrower clients. ‘Among the top-five Chilean law firms for cross-border financings‘, the practice acts on a wide range of banking and finance deals in relation to restructurings, syndicated loans, derivatives, and structured and project finance. It also assists with transactions involving distressed debt, acquisitions and LBOs. On the non-transactional side, the team is also experienced in assisting companies with licensing, regulatory and compliance matters. The practice is jointly led by José Miguel Carvajal, who has enviable experience in domestic and foreign loans, project finance, bond offerings, and foreign investment and foreign exchange matters; and infrastructure and energy project finance specialist Myriam Barahona, ‘undoubtedly the soul of this practice‘. Former senior associate Rocio Vergara left to establish her own practice in September 2022.

Chile > Capital markets

The six-member capital markets practice at full-service firm Morales & Besa is repeatedly sought out for complex deals involving  issuers, underwriters, broker dealers, asset managers and securities industry professionals. The group is also highly active in regulatory matters. It additionally houses a leading practice in project finance bonds, as well as insolvency reorganisation processes that include capital markets aspects. The department is jointly led by founding partner Guillermo Morales, a go-to adviser for both underwriters and issuers; José Miguel Carvajal, whose practice covers capital markets (in addition to corporate law and banking and finance); and Andrea Díaz, whose track record includes playing key roles on large IPOs. Senior associate Gonzalo Pereira, a 2021 hire from the Financial Market Commission, is a specialist in corporate law, capital markets and financial regulation.