Part of the firm’s judicial group, Barros & Errázuriz‘s insolvency practice is widely respected for its expertise in bankruptcy and restructuring. ’Combining solid legal experience with innovative solutions’, the practice’s track record ranges from judicial and non-judicial reorganisations, to contentious bankruptcy law-related proceedings. Acting for both debtors and creditors, the group is also experienced in acquiring the assets of companies that are undergoing liquidation or reorganisation procedures. The four-member team is led by current professor of insolvency law at Universidad Adolfo Ibáñez, Javier San Martín, a dispute resolution specialist whose specialisms encompass bankruptcy, along with contractual law, construction, consumer law and commercial issues. The practice further includes litigation and insolvency expert José Luis Corvalán; and in the firm’s associate ranks, senior Milton Gutcovsky assists debtors and creditors with reorganisations and liquidations, while Alexis Cespedes also has extensive experience in insolvency procedures.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'They have a team with a deep understanding of regulations and the workings of courts and arbitration centres. They are quick to solve problems, offering creative solutions and strategies while always keeping the client and their business in mind. Their work is outstanding, with attention to both detail and strategy, which builds a great deal of trust with clients.'
- 'Knowledge and experience in insolvency, bankruptcy, and restructuring are vital for good advice. These situations aren't common for most companies and are often accompanied by uncertainty about how to act legally. Additionally, there are negotiation opportunities where experience is essential to achieving a position that makes a reorganisation or a peaceful liquidation feasible. All of these characteristics are found in the specialists at Barros & Errazuriz.'
- ‘Distinguished by its multidisciplinary approach, client focus and reasonable billing, combining solid legal experience with innovative solutions.’
- ‘Their outstanding ability to analyse risk situations swiftly is what makes them a popular choice for clients.’
‘The advantage that distinguishes them lies in a combination of knowledge, added value and response times.’
‘They understand clients’ business and identify operational risks and strategic opportunities.’
'Javier San Martín provides sound advice, which enables clients to emerge from processes very successfully.’
'Javier San Martín is a lawyer who can combine his skills, including analysis, clear communication and multidisciplinary work.’
‘Javier San Martín delivers solutions to problems with precision, agility, and efficiency.’
Key clients
- Ares Management
- Fidera Group
- Banco BTG Pactual
- Agrícola La Higuera
- Credicorp Capital, Corredora de Bolsa
- Larrain Vial Administradora General de Fondos
- Samsung Chile
- Larraín Vial Activos, Administradora General de Fondos
- Grupo CVV
- Phoenix Towers
- Cesce Chile Aseguradora
Work highlights
Advised Ares Management on the negotiation and restructuring of mezzanine credit agreements for $280m.
Advised Fidera Group, as leading bondholder, on the reorganisation of salmon breeding company Nova Austral.
Assisted Banco BTG Pactual with the preparation and filing of a compulsory liquidation lawsuit against Boulevard Maestranza, and an executive lawsuit initiated against the guarantors of the same company.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Milton Gutcovsky
Practice head
Javier San Martín