Honorato | Delaveau > Santiago, Chile > Firm Profile

Honorato | Delaveau
AV. EL GOLF 82, 3RD FLOOR, LAS CONDES
SANTIAGO
Chile

Chile > Capital markets Tier 2

Honorato | Delaveau houses an eight-member team that advises on the whole spectrum of capital markets, including asset management, debt and equity matters, as well as structuring investments for pension funds and institutional investors. Clients particularly benefit from the group's focus on the establishment and registration of funds with the Risk Classification Commission and Chilean Financial Market Commission (CMF). Sebastián Delpiano leads the department, which also includes: current member of the Good Practices Committee of the Santiago Stock Exchange and the Electronic Stock Exchange, Gonzalo Delaveau, a securitisation specialist; and corporate finance and international transactions practice head Matías Langevin (debt and equity offerings). Also key to the practice are of counsel Carlos Frias, senior associate Nicolás Garcia and director Carolina Phillips. In January 2021, the firm hired Felipe Divin to lead its corporate governance, financial regulation and IT practice from a brokerage service company.

Practice head(s):

Sebastián Delpiano

Testimonials

What makes this firm unique is not only the high degree of specialisation that its lawyers have in the various matters they advise us on, but also the practical approach they have, perfectly combining legal aspects with our requirements as an issuer of securities.

Personalised advice tailored to our needs, always taking into account our business and how to address different issues in a practical and timely manner.

Great for comprehensive advice and concern for detail.

Stands out from others, especially for the quality of the advice and the speed with which it is provided.

Extensive experience in the field of investments with excellent response times.

A good firm with serious and committed professionals, who have a lot of knowledge in the area in which they serve us.

Sebastián Delpiano is appreciated for his knowledge, experience and network of contacts with the supervisory bodies.

Key clients

Larrain Vial

Nueva Capital

Zurich

Falcom Capital

Nevasa

XLC Capital

Quest

HMC

Ameris Capital

Finasset

Invinsa

Focus Capital

Buena Vista Capital

JP Morgan

Goldman Sachs

HSBC Securities

Bank of America

BNP Paribas

Open Trading Group

Central Hipotecaria

Primus Capital

SMBC Securities

Work highlights

  • Assisted Administradora General de Fondos Sura with the CCR (Risk Classification Commission) approval of Fondo de Inversión Sura Renta Inmobiliaria III.
  • Advises Columbia Threadneedle Investment (on an ongoing basis) on approval and distribution matters.
  • Acted for HMC (Administradora General de Fondos) on the structuring and registering of several investment funds before the Chilean Commission for the Financial Market.

Chile > Banking and finance Tier 3

Honorato | Delaveau's eight-strong banking and finance practice leverages off its name partners' former banking industry careers, through José Luis Honorato, who previously worked for JP Morgan in Chile, and Gonzalo Delaveau, a former in-house counsel at Chase Manhattan Bank. The team's expertise includes M&A-related financing, restructuring, liquidation and bankruptcy, while on the international financing side it advises creditors and debtors on collateralised and non-collateralised loans. Matías Langevin (current officer of the International Bar Association's Banking Law Committee) heads the practice, which includes 'outstanding' structured and asset-backed financing specialist Sebastián Delpiano, and real estate project finance associate Antonia Vial. In January 2021, the firm hired Felipe Divin from a brokerage service company to lead its corporate governance, financial regulation and IT practice.

Practice head(s):

Matías Langevin

Testimonials

Complete technical knowledge in specific subjects, while delving further into very technical points that other firms are unaware of.

Sebastián Delpiano is outstanding in finding strategic solutions and executing them in such a way that clients have a thorough understanding of them.

Key clients

Goldman Sachs

Bank of America

Alta Developers

BNP Paribas

Primus Capital

Banco BICE

Banco Security

Citi

HSBC Bank Chile

Central Hipotecaria

Banco Consorcio

Moneda

Buda

Nuevo Capital

Innergex Renewable Energy

Nevasa

Gestión de Proyectos Eléctricos

Vantrust

Quatum X

Banco de Crédito e Inversiones

Banco Santander (Chile)

JP Morgan

Larrain Vial

Work highlights

  • Advised Nuevo Capital on a secured structured finance transaction.
  • Advised Buda on regulatory matters surrounding cryptocurrency in Chile.
  • Advised Primus Capital on a $60m capital contribution from Innergex to Innergex Chile, followed by a loan for approximately $62m that was granted by Innergex Chile to PV Salvador.

Chile > Compliance Tier 3

'Tailored to clients' needs', Honorato | Delaveau's team is strategically focused on the detection, treatment, and mitigation of risks, in relation to corruption, financial crime, unlawful competition, tax crimes and consumer violations, along with data protection, information security, labour-related violations and environmental matters. Director Carlos Frías, an experienced compliance lawyer (particularly in the financial sector), served as GC and compliance manager for Moneda Asset Management for almost a decade; specialised in criminal law matters, fellow director Rebeca Zamora ('vast knowledge and experience') advises compliance officers on the development of their activities, particularly in relation to investigations and internal audits.

Practice head(s):

Carlos Frías; Rebeca Zamora

Testimonials

The management of the team generates confidence.

Connected to the realities of the businesses they advise.

Specialises in delivering a service that is tailored to clients’ needs.

The team of lawyers have great knowledge of regulatory issues, are up to date with them, and are willing to deliver a response to our queries in a timely manner.

They are more assertive than other teams I have worked with, and take the time to explain the rules, providing good support.

Understands the problems easily and proposes comprehensive solutions.

Director Rebeca Zamora has vast knowledge and experience; she gives me complete advice, not only on a theoretical basis but also at a practical level.

‘Rebeca Zamora has great communication skills, so we hired her to carry out internal trainings that have been very well evaluated by the attendees.

Key clients

Grupo SAAM

Citelum

Team Food

Regum

Credicorp Capital

Inmobiliaria Manquehue

Imagina

San Anonio Terminal Internacional

Clínica Alemana

PL Compliance

Open Trading

Transelec

Intervial

Aela Energía

Work highlights

  • Advisiing Grupo SAAM on the application of its compliance and crime prevention programme.
  • Assists Citelum (on an ongoing basis) with the application of its prevention model.
  • Ongoing assistance to Team Food with the development, updating, and implementation of its crime prevention programme.

Chile > Corporate and M&A Tier 3

Housing ‘extremely good practitioners who also understand the key aspects of business deals‘, mid-sized firm Honorato | Delaveau is consistently sought out for M&A deals involving mid-market corporations, as well as for its advice to private equity funds acquiring Chilean assets and businesses. Practice head Gonzalo Delaveau has substantial experience in general corporate advisory work, while his M&A transactional practice usually involves international elements or parties; Matias Langevin‘s M&A expertise includes the purchase and sale of companies and assets, along with the corporate reorganisation of corporate structures. José Luis Honorato is also a respected corporate partner; director Carlos Frias ' practice includes capital markets and compliance issues; while young associate Antonia Silva returned in January 2021 from a one-year secondment at EDF Renewables. Since research closed, the practice group has been further strengthened by the mid-September hire of senior associate Andrea Alarcón from Bofill, Mir & Álvarez Jana.

Practice head(s):

Gonzalo Delaveau

Testimonials

Top team not only for technical-legal issues, but also the commercial aspects.

The attorneys at Honorato & Delaveau are excellent, and very well prepared for the consultations we need.

Great results were obtained by the highly experienced lawyers involved.

Extremely good practitioners who also understand the key aspects of business deals.

The best is Gonzalo Delaveau. Technically fantastic but he also has very good knowledge of the market and sectors.

Gonzalo Delaveau – excellent work, knowledge and skills.

Matias Langevin is highly appreciated for his superb work.

Key clients

Ebi Operation

HydroQuébec

Administradora General de Fondos Vision Advisors

EDF Renewable Energy

Grupo Ruta

AFP Capital

AFP Provida

AFP Cuprum

Administradora General de Fondos Sura

Aediles Capital

Temenos

HID Global

Moreau Industries

Dagorret Family

Nikken

Voltex Group

Innova

Lexington Partners

Banco de Crédito e Inversiones

Liberty Compañía de Seguros

Italcare

Essilor International

China-Lac Industrial Cooperation Investment Fund

Regum

Syneos Health

DHI Telecom

Singular Asset Management

Open Trading Group

Fressenius Medical Care

Work highlights

  • Advised EBI Operation on the acquisition of 51% of the Cosemar Group, including five operating companies involved in waste management collection and treatment.
  • Advised Innergex Renewable Energy and Energía Llaima on acquiring PV Salvador, which develops and operates renewable energy projects.
  • Advises EDF Renewables on ongoing corporate matters.

Energy and natural resources > Electricity and hydrocarbon Tier 3

The six-strong team at Honorato | Delaveau regularly assists with the acquisition and development of renewable energy and water projects, including construction, operation and maintenance matters. An energy, water, and natural resources lawyer for over 20 years, team head Gonzalo Delaveau advises particularly with regard to renewable energy projects; engineering and construction leader Juan Ignacio Peña assists with generation and transmission projects; and Matias Langevin (previously a partner at Morales & Besa), is an energy project finance expert. At senior associate level, Antonia Vial assists with developing and financing renewable energy projects (particularly distributed generation projects).

Practice head(s):

Gonzalo Delaveau

Testimonials

Great experience in the sector.

Good business acumen.

Very supportive at all stages, and very flexible and collaborative on fee arrangements.

Detail oriented when conducting legal due diligence and able to spot red flag issues!

Key clients

Banco Security

Consorcio Constructor BOV

EDF Renewable Energy

Innergex Renewable Energy

Energía Llaima

Sumitomo Mitsui Banking Corporation

HydroQuebec

Consorcio Constructor BYO

Central Nueva Frontera

Obras Especiales Chile

Aediles Capital

Desjardins

Work highlights

  • Advised Innergex Renewable Energy and Energía Llaima on the acquisition of PV Salvador, a 68MW solar project.
  • Assisted EDF EN with regulatory matters.
  • Assisted Consorcio Constructore BOV, a joint venture between Obras Especiales and Valko, with the construction of Central Hidroeléctrica Los Lagos.

Chile > Real estate Tier 3

Honorato | Delaveau consistently advises real estate and construction companies, property investment funds, investment banks, family offices and private clients on real estate project developments, including residential, industrial, office and commercial projects; the team additionally assists with the establishment of development-related operating vehicles and financial structures, as well as with the real estate aspects of agricultural businesses, including fruit and wine producers. Team leader Juan Ignacio Peña has substantial experience in real estate, engineering and construction law, and project finance; and Sebastián Delpiano is an asset-backed structured finance expert. At associate-level, Antonia Vial is experienced in real estate transactions involving the development of shopping centres and Stripcentres, while Macarena Riquelme assists with real estate developments.

Practice head(s):

Juan Ignacio Peña

Key clients

Consorcio BOV

Patagonia Invest (Inmobiliaria Parque Los Alerces)

Invinsa

Socovesa

Socovesa Desarrollos Comerciales

Grupo Urbana

Zurich Asset Management

Obras Especiales Chile

Inversiones VNT

Nevasa

Bullrock Investments

HMC Administradora General de Fondos

Frutera Euroamerica

GLL Real Estate

Inmobiliaria JMI

Almagro

Vantrust

Honorato | Delaveau was founded in 2014 by José Luis Honorato, Gonzalo Delaveau, and Sebastián Delpiano, attorneys with vast experience in the areas of corporate, finance, and capital markets law. Juan Ignacio Peña, an expert in the areas of real estate, engineering, and construction law, was incorporated as a partner in 2017. Then, and due to the strong growth experienced by Honorato | Delaveau, Matías Langevin was incorporated as a partner in June 2019. He has extensive practice in banking and financial operations, and also on international transactions. Finally, Felipe Divin, an expert in corporate governance, regulated markets, and information technology, joined the team in 2021.

Honorato | Delaveau provides personalized advice, where its partners are constantly and permanently involved. This differentiating aspect is key to achieve the expected results. The firm offers a value proposal that goes beyond quality in the service since this is inherent in any legal advice. The team seeks to be proactive, efficient, innovative, and always governed by strict ethical conduct.

Honorato | Delaveau has a recognized leadership in the legal market for providing personalized legal advice, according to the needs of each client. In order to achieve this, the company structures efficient and professional work teams, through a strict selection process.

DepartmentNameEmailTelephone
Corporate, M & A, Arbitration and mediantion, Public Law, Criminal Law José Luis Honoratojlhonorato@hdycia.cl562 24053200
Corporate, M & A, Energy, Mining and Natural Resources, Conssesions and Infrastructure, Antitrust Gonzalo Delaveaugdelaveau@hdycia.cl562 24053200
Capital Markets, Asset Management, M & A, Corporate, Venture Capital Sebastián Delpianosdelpiano@hdycia.cl562 24053200
Real Estate, Engineering and Construction Juan Ignacio Peñajipena@hdycia.cl562 24053200
Banking, Finance and Derivatives, Corporate, M & A, Project Finance, Capital Markets, FinTech Matías Langevinmlangevin@hdycia.cl562 24053200
Compliance and Administrative Procedures, Public law Carlos Fríascfrias@hdycia.cl562 24053216
Compliance and Corporative Integrity, Labor Law, Antitrust and Consumer Protection Rebeca Zamorarzamora@hdycia.cl562 24053211
Capital Market, Asset Management Nicolás Garcíangarcia@hdycia.cl562 24053215
Tax Law Juan Andrés Larrondojalarrondo@hdycia.cl562 24053214
Corporate governance, financial regulation, and information technology Felipe Divinfdivin@hdycia.cl562 24053200
Corporate and Antitrust Carolina Veascveas@hdycia.cl562 24053200
PhotoNamePositionProfile
 Gonzalo Delaveau photo Gonzalo DelaveauPartner
 Sebastián Delpiano  photo Sebastián DelpianoPartner
 Felipe Divin photo Felipe DivinPartner
 Carlos Frías photo Carlos FríasDirector
 Nicolás García photo Nicolás GarcíaSenior Associate
 José Luis Honorato  photo José Luis HonoratoPartner
 Matías Langevin  photo Matías LangevinPartner
 Juan Andrés Larrondo photo Juan Andrés LarrondoSenior Associate
 Juan Ignacio Peña  photo Juan Ignacio PeñaPartner
 Carolina Veas photo Carolina VeasSenior Associate
 Rebeca Zamora photo Rebeca ZamoraDirector
Partners : 6
Director : 3
Associate : 11
Spanish
English (fluent)