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  • Article

    Cencosud Places 6% Of Its Shares On The Market

    Milbank, Tweed, Hadley & McCloy LLP and Morales & Besa have helped Chilean retailer Cencosud make a secondary offering of common shares and American depository shares collectively worth US$458 million.
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    Deutsche Bank Trust Company Acted As Security Agent Of SAMS's Bondholders

    Pillsbury Winthrop Shaw Pittman's New York office and Chilean firm Carey have advised Deutsche Bank Trust Company as placement agent in a US$45 million bond issuance by Chilean insurer Inversiones SAMS.
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    Enersis Issued A USD600 Million Bond

    Chadbourne & Parke LLP in New York and Carey in Santiago have helped Chilean power company Enersis issue US$600 million worth of notes.
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    Carey Honored Twice By Latin Lawyer

    In addition to Jorge Carey's "Lifetime Achievement Award", Carey received the "Deal of the Year Award" in Private Equity, for its advise to PTT Mobile and Nextel Chile.
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    Accion Venture Lab Invests In A Start-Up

    Carey has helped a fund run by venture capital investor Accion plug US$400,000 into a start-up that uses alternative data to rate individuals' creditworthiness.
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    Qatar Airways Agrees To Acquire 10% Of LATAM Airlines

    Qatar Airways has hired Weil, Gotshal & Manges LLP in New York and Carey in Santiago to acquire a 10 per cent stake in Chilean counterpart LATAM for US$613 million.
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    Corporate Governance In Emerging Markets

    In August, the Australian Securities and Investment Commission (ASIC) published its report ‘Emerging market issuers'.
    ChileCorporate/Commercial Law
    Harris Gomez Group
    Harris Gomez Group
  • Article

    Demutualization Of Santiago's Stock Exchange

    Last Monday April 12, the Santiago's Stock Exchange ("Bolsa de Santiago") demutualization was implemented.
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    Labor Reform – Union's Right To Access Financial Information

    Pursuant to Law 20.940 (the "Labor Reform") which has entered into full force as of April 1st, 2017, employers have the obligation to periodically deliver certain documents to unions, which varies...
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    Liverpool Agrees Ripley's Acquisition

    Santamarina y Steta in Mexico City, Carey in Chile and Muñiz Ramírez Pérez-Taiman & Olaya in Lima have helped Mexican department store chain Liverpool acquire a majority stake in Chilean counterpart Ripley.
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    Liverpool Agrees Ripley's Acquisition

    Santamarina y Steta in Mexico City, Carey in Chile and Muñiz Ramírez Pérez-Taiman & Olaya in Lima have helped Mexican department store chain Liverpool acquire a majority stake in Ripley.
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    Precision, Pulley & Idler Buys Clark Ingeniería Y Desarrollo

    Brown, Winick, Graves, Gross, Baskerville and Schoenebaum in Iowa and Carey in Santiago have helped conveyor belt manufacturer Precision, Pulley & Idler...
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    Formation Of Contracts: Comparison Between Australia And Chile

    The formation of contracts is both an exciting and stressful period for any construction project, and those without a legal background can often be left unsure of the formalities...
    ChileCorporate/Commercial Law
    Harris Gomez Group
    Harris Gomez Group
  • Article

    New Chilean State Corporation Named Infrastructure Fund Inc. Is Created

    On March 24, 2018, a law for the creation of a corporation named "Infrastructure Fund Inc.", hereinafter the "Fund" was enacted.
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    Powers Of Attorneys In Latin America – Part Of "La Vida"

    In comparison to Australia, where Power of Attorneys are not an especially common instrument when doing business, Latin America cannot operate without POAs which are part of "la vida".
    ChileCorporate/Commercial Law
    Harris Gomez Group
    Harris Gomez Group
  • Article

    Yanghe Acquires 12.5% Stake Of Viña San Pedro Tarapacá

    Grandall in Nanjing and Carey in Santiago have helped China's Jiangsu Yanghe Distillery acquire a 12.5% interest in Chilean wine-producer Viña San Pedro Tarapacá (VSPT) for US$65 million.
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    BCI Sells Its 40% Of Its Insurance Companies To Mutua Madrileña

    Uría Menéndez in Madrid and its sister firm Philippi Prietocarrizosa & Uría (Chile) has helped Spanish insurer Mutua Madrileña Automovilista buy a stake in the insurance businesses of Chilean bank Banco de Credito e Inversiones.
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    CMF Establishes Deadlines For Issuers Of Public Offering Securities, Special Corporations And Investment Funds To Report Financial Statements

    On February 12, 2019, the Chilean Commission for the Financial Market ("Comisión para el Mercado Financiero" o "CMF") issued General Rule No. 431 ("NCG 431), regarding the deadlines for reporting of quarterly and annual reports and financial statements for the following entities.
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    Mesoamerica Acquired Leading Fast-Food Group In Chile

    Chilean firm Carey has helped Costa Rican private equity company Mesoamerica purchase a majority stake in Chilean fast food company Unifood.
    ChileCorporate/Commercial Law
    Carey
    Carey
  • Article

    What Next For Chile's New President - And How Will Business Be Impacted?

    Even as its neighbours dominate talk of complexity and difficult business environments, Chile has maintained a reputation as a stable, functioning country that has clear, relatively simple business rules - and, above all, that these rules they have not changed over the years.
    ChileCorporate/Commercial Law
    TMF Group BV
    TMF Group BV

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