Chile

IFLR1000 Reviews

Financial and corporate
Cariola Díez Pérez-Cotapos

CariolaDíez Pérez-Cotapos & Cía, or Cariola, was founded in 1889. The firm is located in Santiago and is best known for its work in the M&A practice area.   

Focusses / specialisms 

Though the firm’s greatest area of expertise is M&A, it also has strong banking, capital markets and project development practices. 

In banking and finance, the firm represents borrowers and lenders in credit facilities, restructurings, acquisition financing, bridge loans and project financing. 

The capital markets team represents mostly issuers, but also underwriters, in debt and equity capital markets transactions including bond issuances and dividends. 

The M&A team sees corporate restructurings, strategic acquisitions, asset acquisitions and joint ventures across a variety of industries.  

In project development the firm represents developers and financial sponsors mostly in energy projects, but also transportation and mining projects.  

 

Key clients 

Key clients for the firm include Banco Ripley, Enel, Jovio Group, Marsh & McLennan, Empresa de Ferrocarriles del Estado, Google, Banco Santander-Chile, Banco de Credito e Inversiones, Rabobank, Inter-American Investment Corporation and ATCO. 

Research period review: 33rd edition (2022/2023) 

Over the research period, the banking and finance team represented borrowers and lenders in export, project and corporate financing matters. 

In capital markets, the team worked on mostly debt transactions, representing issuers. The team worked on investment grade and callable bond issuances. The team also worked on an equity related capital increase. 

The M&A team acted for largely buyers in private acquisitions, joint ventures and mergers across numerous industries. 

In project development, the team represented sponsors, concessionaires and developers. Most of the projects were in the mining and energy (both renewables and oil & gas) industries.

 

Deal highlights: 33rd edition (2022/2023) 

Compañía Cervecerías Unidas $600 million bond issuance 

Natixis $320 million financing 

South32 $1.55 billion acquisition of Sierra Gorda Sociedad Contractual Minera 

 

Client feedback: 33rd edition (2022/2023) 

M&A 

“Excellent strategic advice having regard to the local legal framework and environment

 

Project development 

“In-depth understanding of Chile's regulatory environment and hands-on advice on the best path forward.” 

 

Carlos Pérez-Cotapos 

He has in-depth understanding of our legal needs, fast response and an in-depth in-house network to draw on for support to the extent needed.

 

José Manuel Donoso  

Great technical competence across a broad range of subject matter. 

 

Andrea Saffie 

An excellent communicator, she seeks effective outcomes without getting involved in unnecessary conflict. 

 

Claro & Cia

Located in Santiago, full-service firm Claro & Cia was founded in 1880 and has developed a standout reputation. It is a part of Lex Mundi.  

 

Focusses / specialisms 

Though the firm is most recognised for its work in financial and corporate matters, it also has an excelled projects practice area.  

The banking and finance practice area represents borrowers in credit facilities and bridge loan issuances for project and acquisition financing.  

The capital markets team works on both debt and equity matters such as tender offers and bond issuances.  

In M&A matters, Claro & Cia represents strategic buyers and sellers in acquisitions, joint ventures and other corporate agreements across a wide variety of industries.  

The projects team can be found many times on the financing end of project development. It is active in the infrastructure and energy industries.  

 

Key clients 

Key clients for Claro & Cia include Sumitomo Mitsui Banking Corporation, AES Gener, LATAM Airlines, Citigroup Global Markets and Sonnedix.  

 

Research period review: 33rd edition (2022/2023) 

Throughout the research period, the banking team advised both borrowers and lenders in corporate, acquisition, project and DIP financing.  

The capital markets team was active in investment grade bond issuances and exchange offers. The team advised mostly issuers, but also worked for underwriters. 

In the M&A practice area, the team represented both buyers and sellers in private acquisitions across numerous industries. It also represented clients in joint ventures, mergers and restructuring efforts. 

The project development team was active largely in the financing and development aspects of projects in the mining and energy industries, representing mostly developers. In energy specifically, most of the projects concerned renewable energy matters such as wind and solar plants. 

 

Deal highlights: 32nd edition (2021/2022) 

AES Andes $2.1 billion restructuring 

Alfa Desarrollo $1.2 billion acquisition of Colbún Transmisión 

Entel $800 million 3.05% bond issuance  

Hapag-Lloyd $1 billion acquisition of SAAM 

Latam Airlines Group $10.3 billion restructuring 

 

Client feedback: 33rd edition (2022/2023) 

Banking and finance 

A team with vast experience in our company's business and in the banking sector, with a mix of young and seasoned professionals. 

 

M&A 

Simply extraordinary. Great expertise. Total client orientation. Absolutely trustable. Very experienced in cross-border transactions. 

 

Restructuring 

Knowledge, commitment, professionalism. 

 

Jose Maria Eyzaguirre 

Absolutely trustworthy. A great intellect. A lawyer who is always looking for a solution and not for a problem. Extremely experienced in M&A and corporate law. Great experience in cross-border work. I don’t move without his prior advice. 

 

Jorge Granic 

Very proactive, neat work, timely responses. 

 

Rodrigo Ochagavia 

He brings commitment, knowledge and professionalism. 

DLA Piper Chile

Business firmDLAPiperwas born in 2005 from the largest ever merger in the legal industry between Gray Cary Ware & Freidenrich, Piper Rudnick and DLA. The international law firm has offices in almost every region in the world. In Chile, the firm is located in Santiago.   

 

Focusses / specialisms  

DLA Piper’s Santiago office is known for its notable work in the banking and finance, capital markets, M&A and project development practices. In banking and finance, the firm acts for lenders and borrowers in project finance, refinance, acquisition finance and general corporate finance matters.  

The capital markets team works on both the debt and equity side, advising issuers. The team has experience in bond issuances, fund formations, public share offerings and IPOs. 

The M&A practice acts for buyers and sellers in strategic acquisitions throughout a variety of industries. 

The project development practice does a lot of work in the energy, infrastructure, mining and real estate industries. It acts for developers and sponsors in all stages of development from financing to construction.  

 

Key clients 

Key clients for the firm include Quiñenco, LQ Inversiones Financieras, Desarollos Mineros PKR, SUSI Partners, CarbonFree Technology, Sonnedix, Oaktree Capital Management, Seven Seas Water, Axesat, Itaú Corpbanca, Banco BICE, Banco de Crédito del Perú, American Tower Corporation, Uber, L’Oréal and Colbún. 

 

Research period review: 33rd edition (2022/2023) 

The capital markets team was involved in a variety of bond issuances, with an emphasis on green bonds. 

The M&A team primarily advised buyers in strategic acquisitions in a variety of industries. Additionally, they also advised on joint venture agreements. 

The project development team was involved in a variety of developments, with a special focus on power plants and related energy projects, particularly in renewables. Other industries included infrastructure and real estate. 

 

Deal highlights: 33rd edition (2022/2023) 

CarbonFree Technology $360 million green bond issuance 

Innergex $710 million green bond issuance 

Garrigues

International law firm Garrigues was founded in 1941 in Spain. Since then, it has expanded to 34 offices across 13 countries. In Chile, the firm has an office in Santiago, where it is best known for its work in capital markets, especially debt work.  

  

Focusses / specialisms 

In addition to its outstanding capital markets team, the firm also has standout practices in banking and finance, M&A and project development.   

In banking and finance, the team advises borrowers and lenders in project finance, refinancing, acquisition finance and corporate finance transactions. 

In capital markets, the team acts for issuers and underwriters in sovereign bond, project bonds, investment grade and high yield bond issuances. 

The M&A team represents both buy and sell side in acquisitions, mergers, joint ventures, strategic investments and reorganizations. The teams works across numerous industries. 

The project development team acts for concessionaires and developers in projects in the mining, energy and infrastructure industries.   

 

Key clients 

Key clients for the firm include Allianz, Banco Santander, Ocean Partners, Scotiabank, Banco de Chile, Rabobank, HSBC, JP Morgan, Société Generale, BNP Paribas, Goldman Sachs, Wells Fargo, Banco Santander, Ruta del Maule Sociedad Concesionaria, Aerosan, Conejo Solar, Parque Eólico El Nogal, Arroyo Energy and Jenner Renewables.  

  

Research period review: 32nd edition (2021/2022) 

During the research period, the banking team acted for mostly lenders in acquisition, project and corporate financings. The team also worked on numerous debt restructurings and refinancings. 

In capital markets, the team spent most of the year advising issuers in debt capital markets matters. Debt capital markets transactions included sovereign, sustainable, green, investment grade and project bond issuances. 

The M&A team acted for mostly acquirers, but also sellers in private acquisitions, divestments, strategic investments and other corporate matters. Though the team worked across numerous industries, acquisitions in the energy industry were the most prevalent. 

In the project development practice area, the team advised contractors in the infrastructure and energy industries. Infrastructure projects included transportation, notably highways, while energy projects included renewable energy matters such as wind farms. 

  

Deal highlights: 32nd edition (2021/2022) 

Glacier Acquisition $340 million acquisition financing 

L-Catterton $235 million acquisition of NotCo 

Republic of Chile $2 billion 4.35% sustainable bond issuance 

 

Client feedback: 32nd edition (2021/2022) 

M&A 

"Quick; quality; variety of skills; professionalism." 

 

PPP/PFI 

"In-depth knowledge of Chilean concession law. Excellent client service." 

 

Claudio Moraga Klenner 

"Specialist in administrative law and client-oriented." 

 

Jaime De Larraechea 

"Professionalism; vast experience in various subjects." 

MBC Abogados

Founded in 2010, MBC Abogados has grown to 19 lawyers, three of which are partners. It is a boutique firm, specialized in real estate and corporate law. The firm is located in Santiago. The firm, formerly known as MB Abogados, went through a name change in 2021, becoming MBC Abogados. 

 

Focusses / specialisms 

MBC Abogados does notable work in the banking and finance and M&A practice area. In banking and finance, the firm represents borrowers in real estate financing, acquisition financing, refinancing and general corporate financing. 

The team has some experience in capital markets, acting for issuers in bond issuances and capital raises. It also has some experience acting for investment funds in fund formations. 

The M&A practice acts for strategic companies in buy side acquisitions and joint ventures. 

 

Key clients 

Key clients for the firm include Grupo Patio, Padre Hurtado Rentas, Centros Comerciales I, Inmobiliaria Mirador Azul Uno, DesarollosComericales, LV-Patio RentaInmobiliaria I, Patio Comercial, WEG Capital and Rentas Patio I. 

 

Research period review: 33rd edition (2022/2023) 

Throughout the research period, the banking team acted for mostly borrowers in corporate, acquisition and real estate financing.  

In M&A, the team advised buyers and sellers in acquisitions, as well as other corporate clients in joint ventures, mergers, restructurings and capital increases. The team has particular focus on the real estate industry. 

 

Deal highlights: 33rd edition (2022/2023) 

Banco de Credito del Peru $74 million financing 

Rentas Patio $64 million financing 

 

Client feedback: 33rd edition (2022/2023) 

Investment Funds 

They have a very deep knowledge and understanding of the real estate business in Chile as well as the regulations applicable to funds and other structures. The knowledge of Carolina Menichetti in terms of industry and tax is very helpful. 

 

Carolina Menichetti 

She is very creative, a fast learner, and she has a very deep knowledge of the real estate business, as well as tax and corporate matters. She has a business vision that is hard to find in law firms. 

Philippi Prietocarrizosa Ferrero DU & Uría

The most current iteration of full-service firm Philippi Prietocarrizosa Ferrero DU & Uría, or PPU, was formed in 2015 from the merger between Chilean firms Philippi, Yrarrázaval, Pulido & Brunner, Colombian firm Prietocarrizosa and Peruvian firms Ferrero Abogados and Delmar Ugarte. The Ibero-American firm maintains offices in Chile, Colombia and Peru, with additional offices in Spain, Portugal, New York, London and Brussels thanks to its partnership with Spanish and Portuguese firm Uría Menéndez. The firm is also part of the SCG Legal and World Law Group networks. In Chile, the firm’s office is located in Santiago, and is known for its standout work in the corporate and project development practices.

 

Focusses / specialisms 

PPU is equally strong across the banking & finance, capital markets, M&A and project development practice areas. In banking, the firm acts on both the borrower and lender side. It has experience in project, aircraft and corporate financing. 

In capital markets, the firm acts for underwriters and issuers on both the debt and equity side. In debt, the team works on sovereign and investment grade bond issuances. On the equity side, the team has experience working on IPOs. 

The M&A practice acts on both the buy and sell side in mergers, acquisitions, joint ventures and spinoffs across a wide variety of industries. 

In project development, the team acts for developers and sponsors for projects in the mining, energy and infrastructure industries. 

The firm also has a notable restructuring and insolvency practice, where the team represents debtors and creditors in out of court, cross border and domestic insolvency proceedings. 

 

Key clients 

Key clients for the firm include BNP Paribas, MUFG Bank, Scotiabank Chile, BofA Securities, JP Morgan Securities, Citigroup Global Markets, Sumitomo Chemical Company, Repsol, AD Retail, Ardian, Caixabank and Kinross Gold. 

 

Research period review: 33rd edition (2022/2023) 

During the research period, the banking team represented lenders in acquisition, project and corporate financing matters including refinancings. 

In capital markets, the team advised issuers and underwriters in debt and equity matters, mostly working on debt matters, which include investment grade and sustainability bond issuances.  

The M&A team worked mostly on the buyer side in private and public acquisitions across numerous industries. It also represented clients in capital increases. 

In the project development practice area, the team represented developers and sponsors largely in the financing aspects of projects in the energy industry, especially related to renewable energy projects such as solar and wind farms. 

 

Deal highlights: 33rd edition (2022/2023) 

Colbún S.A. $600 million 3.150% green bond issuance 

Innergex $710 million green bond issuance 

PTI Group $2 billion asset purchase financing 

 

 

Puga Ortiz

Puga Ortiz was founded in 1925 and is headquartered in Santiago.

 

Focusses / specialisms

The firm is active in automotive financing and real estate matters. It works with many special purpose vehicles on real estate corporate matters.

 

Key clients

Key clients for Puga Ortiz include Acciona Chile, Constructora Santa Beatriz, Empresa Constructora Queylen, Grupo Inmobiliaria Gimax and Banco Santander Chile.

 

Research period review: 30th edition (2019 / 2020)

Over the research period the firm represented many special purpose vehicles on real estate corporate agreements and acquisitions, especially in the hotel industry. It also worked on a couple of automotive financing agreements.

 

Deal highlights: 30th edition (2019 / 2020)

Banco Santander Chile $300 million acquisition of Santander Consumer Finance

Inmobiliaria Nueva Quilicura $20 million financing

Albagli Zaliasnik

Full service firm Albagli Zaliasnik is a notable firm based in Santiago. The corporate practice is best known for its work in M&A. 

 

Focusses / specialisms 

Though the firm is more widely known for its M&A work, it also has experience in banking and finance and project development. In M&A, the team acts for sellers and buyers in strategic asset acquisitions, full company acquisitions, joint ventures and mergers. It also works on general corporate matters including reorganizations and strategic investments. They work with numerous clients based in jurisdictions outside of Chile. 

 

In project development, the team has expertise in energy and natural resources. It represents developers in developments and acquisitions of projects.

 

Key clients 

Key clients for the firm include Alpha-Bio Tec, ESINCO, Cadem, Omnix and Prisma Water.

Alessandri Abogados

Alessandri has over 125 years of experience. Founded in 1893, the firm is located in Santiago. In the corporate practice areas, the firm is best known for its work in debt capital markets and project development in the mining industry. 

 

Focusses / specialisms 

In addition to its notable work in debt capital markets and mining project development, it is also active in M&A and banking and finance. The banking and finance practice represents lenders and borrowers in corporate financing matters.

 

In capital markets, the firm participates in general debt transactions and public M&A transactions. It also works with private equity and asset management firms in investment fund and ETF formations and compliance. 

 

The M&A practice has experience on the buy and sell side in private acquisitions. It also represented companies in capital increases.

 

The project development practice area is active in the mining, energy and construction industry. The team is made up of 11 specialists that act for developers in various projects. 

 

Key clients 

Key clients for the firm include the Silk Road Fund, Oaktree Capital, PIMCO, Hayfin, Puertos y Logistica, Territoria Apoquindo, Coordinador Independiente del Sistema Eléctrico Nacional, Cervercerías Chile, SQM Salar, Sierra Gorda and Patio Riesco.

Aninat Abogados

Aninat Abogados was born in 2020 from the cessation of Aninat Schwencke. The firm is located in Santiago and is active in the corporate practice areas. Aninat is made up of five partners, with three of them specializing in corporate law.

 

Focusses / specialisms 

In the corporate practice, the firm works on a lot of M&A transactions, acting on the buy and sell side in strategic acquisitions. It also works on financing related transactions such as capital raises and investments. In the more general corporate practice, the team advises companies on incorporations. 

 

Key clients 

Key clients for the firm include Pampa Camarones, TodoVa, Citröen Chile, Cuesta Blanca, Chile Ventures Administradora de Fondos de Inversión Privado and Jooycar. 

 

Client feedback: 32nd edition (2022/2023)  

 

Financial restructuring 

Aninat Abogados has a team with great legal, regulatory, tax and financial knowledge, which makes it an ideal team for the work we are carrying out in our company.” 

Arteaga Gorziglia & Cía

Located in Santiago, Arteaga Gorziglia’s corporate practice is well known in the market. It is regarded for its work in the M&A and project development practices.  

 

Focusses / specialisms 

While the firm works with many types of industries, it is focused on the infrastructure, real estate, retail and energy industries.  

 

In M&A, the firm acts for buyers and sellers in acquisitions and joint ventures. The corporate practice also has experience representing lenders in financing transactions.

 

The project development team is active in the infrastructure and energy industries. The team represents developers and financial sponsors in project development and finance matters. 

 

Key clients 

Key clients for the firm include Coopeuch, DDRío Inversiones, Sociedad Concesionaria Costanera Norte, DNB Bank, Total Solar Latin America, Sociedad Concesionaria Américo Vespucio Oriente, Walmart, Frontal Trust, Generadora Metropolitana, HSBC and Barings. 

 

Client feedback: 32nd edition (2022/2023)  

 

M&A 

“Client oriented, very professional, easy access to senior partners” 

“Time of response, professional advice of its partner, accuracy.” 

Baraona Marshall & Cia

Baraona Marshall & Cia was created in 2020 from the cessation of Baraona Fischer & Cia, which then split into two firms. It is known for its work in financial and corporate practice areas.  

  

Focusses / specialisms 

The firm is best known for its work in the banking and finance and M&A practice areas. In banking and finance, the firm acts on both the borrower and lender side in project and corporate financings, as well as refinancings 

The M&A team works on the buy and sell side in private acquisitions across numerous industries including banking and financial services, telecommunications and technology.  

 

Key clients 

Key clients for the firm include Banco de Crédito e InversionesGestión Solar and Itaú Corpbanca. 

 

 

Client feedback: 32nd edition (2022/2023) 

M&A  

“Quite close with the executives and 24/7 availability with customer focus.” 

 

Project finance 

“Excellent knowledge of local and international finance and tax regulatory systems 

Very good teamwork when different disciplines have to come together.” 

Barros & Errázuriz Abogados

Barros & Errázuriz is a prominent firm with one office in Santiago. The firm was founded in 1988 and is a member of the Affinitas alliance.  

  

Focusses / specialisms 

In addition to having standout capital markets and M&A practices, Barros & Errázuriz also does great work in the banking and project development practice areas.  

The banking team represents both borrowers and lenders in acquisition financing, credit facilities, project financings and refinancings. 

The capital markets team works in both debt and equity markets on matters such as bond issuances and public offerings. The firm has particular expertise in investment fund formations, especially public funds.  

The M&A team sees public and private M&A acquisitions, joint ventures and other corporate matters. It represents strategic buyers and sellers. 

In projects, the firm is especially well known in energy and infrastructure matters, where it represents developers and sponsors alike.  

  

Key clients 

Key clients for the firm include Total Eren, Sumitomo Mitsui Banking Corporation, Delta Airlines, Banco Santander, AVLA, Ameris Capital, GeoPark Chile and Fortress Investment Group.  

  

Research period review: 32nd edition (2021/2022) 

Throughout the research period, the banking practice advisedlargelylenders in refinancing matters, in addition to corporate, project and acquisition financing matters. Project financing matters mostly involved transportation projects. 

The capital markets team acted for issuers in debt and equity matters, including project, sustainability and investment grade bond issuances, as well as tender offers and share acquisitions. The team also represented a number of investment fund managers in the implementation of investment funds. 

In the M&A practice, the team advised both buy and sell side on strategic and private equity acquisitions. It also advised on mergers, restructurings and divestments. 

The project development team advised developers and bidders on the development and financing of projects mostly in the infrastructure industry, notably transportation matters as well as water desalination plants. 

  

Deal highlights: 32nd edition (2021/2022) 

Alfa Desarollo$1.295 billion acquisition of Colbún 

GTD Grupo Teleductos $200 million financing 

Inversiones CMPC $500 million 3% susintability bond issuance 

 

Client feedback: 32nd edition (2021/2022) 

Insolvency 

"They moved really quickly and they helped us to reach good agreements with the borrower." 

 

Investment funds: Registered funds 

"They are the leading experts in the local market of investment funds. They have deep insight into industry requirements and, coupled with great availability, we consider them partners of choice in this subject." 

"They are a leading full-service firm. They are the firm with most experience in the funds industry in Chile, working as counsel to many of the largest asset management houses. Their role is pivotal as they also head the Chilean funds association and continuously help in the improvement of regulation. That deep knowledge of the funds industry is very helpful to have sound advice when implementing new structures or transactions." 

 

M&A 

"High service level; high quality of work; broad and highly specialized team." 

"The legal due diligence was very thorough, raising several risks we had not anticipated and giving good advice on how to mitigate these risks." 

 

Project development: Energy 

"They have a deep knowledge of energy and financial markets and regulatory issues. " 

 

Project development: Infrastructure 

"Great knowledge of how to prevent and manage risks." 

"They are very solid technically. They respond quickly to our requests. The partner in charge is very close and always available" 

 

Cristobal Pellegrini 

"Deep knowledge of regulation and market. Good strategist. Reliable. Discretion. Good adviser." 

 

Emilio Vasquez 

"Depth of knowledge; handling of difficult situations in negotiations; great client management skills." 

 

Javier San Martin 

"He did really good work with the problem that we entrusted to him and his team, with a lot of legal and negotiating skills." 

 

José Ignacio Ovalle 

"He was very strategic in his approach. Gave us wise advice and was very committed to our business." 

 

Juan Ignacio Galdamez 

"Very receptive and nice to work with." 

 

Luis Alberto Letelier 

"He has sound and deep knowledge of the funds and capital market industries. He is the lawyer to go in these matters." 

 

Nicolas Balmaceda 

"(i) Very good technically; (ii) committed to us; (iii) always available." 

 

Oscar Ruiz Tagle 

"Correct diagnosis of the problem; understands the problem; contribution of creative solutions." 

 

Pablo Guerrero 

"Experience, commercial awareness, ability to build bridges." 

"The firm's lead partner, he is a seasoned lawyer with commercial awareness in the funds industry. He's a practical lawyer who helped to bridge all the differences between both parties." 

Carey

Founded in 1905, Carey has become Chile’s largest law firm. Located in Santiago, the firm is highly regarded across all practice areas. It is a part of numerous international alliances such as Interlex, giving the firm a global reach. 

 

Focusses / specialisms 

The banking and finance team represents both borrowers and lenders across many types of financing including project financing, credit facility issuances, acquisition financing and refinancing. The team also provides regulatory opinions to banking and financial institutions. 

 

The capital markets team works across all types of capital markets, including debt and equity, on matters including bond issuances, capital increases, public offerings and IPO’s. The group also works with numerous pension funds and investment funds. 

 

The M&A team works with private equity acquirers, strategic buyers and sellers in acquisitions, joint ventures and other corporate agreements, mainly in the infrastructure, technology and energy industries. 

 

In projects, Carey represents concessionaires and developers on mining, infrastructure, ports and energy projects. The firm is especially prevalent in mining projects. 

 

Key clients 

Key clients for the firm include Teck Resources, Lima Airport Partners, State Grid International Development, Brookfield Infrastructure Partners, MetLife Chile, Enel Américas, JP Morgan Securities, Codelco, Bank of Nova Scotia and Wells Fargo.

Chirgwin

Chirgwin was founded in 2009 in Santiago. Since then, it has grown and joined several international networks including Lexwork International, ILF and the Pacific Alliance Legal Network. In August 2020, the firm began working in collaboration with Andersen Global.

 

Focusses / specialisms 

Chirgwin specializes in the banking and finance, M&A and project development practice areas. Most of the firm’s clients are midsize multinational corporations and are most active in the entertainment, transportation and consumer goods and services industries. In banking and finance, the team represents borrowers in corporate and asset financing, as well as refinancing matters.

 

The M&A practice acts for acquirers and sellers in asset and full company public and private acquisitions. It also represents companies in reorganizations and capital increases.

 

In project development, the team represents bidders for projects largely in the transportation industry.

CMS Carey & Allende

Founded in 1999, CMS is an international law firm that has 77 offices spread across 43 countries. In Chile, 45 lawyers make up the Santiago office. It is known for its corporate and project development practices.  

 

Focusses / specialisms 

CMS Carey & Allende has notable banking and finance, capital markets, M&A and project development teams. In banking and finance, the practice acts for borrowers in project finance, refinance and general corporate finance transactions.

 

The capital markets team has experience on the debt and equity side of capital markets. It acts for issuers in bond issuances, public M&A matters and equity investments. 

 

The M&A practices acts on the buy and sell side in strategic and private equity acquisitions in a variety of industries. 

 

In project development, the firm represents sponsors and developers in all parts of projects including financing, development and construction. The team is especially active in the energy industry. 

 

Key clients 

Key clients for the firm include Solarpack, Inversiones FK Limitada, Inversiones del Pacífico, Sonda, Sun Dreams, Broota, Empresas AquaChile, Blackstone, Unilever Chile, Nueva Inversiones Pacífico, EDEMSA, Enagás, Celeo Redes Chile and Hidroeléctrica Doña Alicia. 

Dentons Larraín Rencoret

One of the world’s largest law firms,Dentons is truly a global law firm, with 193 locations across 77 countries. The Chilean office is located in Santiago and was formed in 2019 with the combination between Dentons and Larraín Rencoret. 

 

Focusses / specialisms 

The firm has experience across banking and finance, capital markets, M&A and project development practices. In banking and finance, the team acts for lenders in project, acquisition and corporate financing. 

The capital markets team has experience in debt capital markets, representing issuers in investment grade bond issuances.  

In M&A, the practice represents acquirers in private and public acquisitions across numerous types of industries. It also represents companies in day to day compliance and restructurings. 

The project development team works with developers and bidders in the transportation infrastructure and energy industries.  

 

Key clients 

Key clients for the firm include Banco BTG Pactual Chile, Banco de Crédito e InversionesTanner Servicios FinancierosCrawford & Company International, Mercado Libre, Fresenius Medical CareChina Railway Tunnel Group, Yutong and Invercap. 

Ferrada Nehme

Founded in 2000, FerradaNehme is known for its work in the corporate space. The firm is located in Santiago.

 

Focusses / specialisms 

The firm is recognized for its notable work in the M&A practice area. It represents buyers and sellers in private acquisitions. It also acts for companies in capital increases and strategic investments.

 

Key clients 

Key clients for the firm include AB InBev Chile, Acciona Industrial, Neogen and Copec.

 

Client feedback: 31st edition (2020/2021) 

Asset finance

"Deep knowledge of laws and regulations. Always meet established deadlines. "

 

M&A

"Updated and versatile team."

Fischer & Cia

Formed in 2021 as a result of the separation of Baraona Fisher & Cia, Fischer & Cia is located in Santiago. The firm is focused on tax, financial and corporate law.

 

Focusses / specialisms 

The firm specializes in the banking and finance and M&A practice areas. In banking and finance, the firm acts for borrowers in refinancings.

 

In M&A, the team represents buyers and sellers in private acquisitions. It also represents companies in reorganizations and day to day compliance, in addition to other corporate matters.

 

 

Key clients 

Key clients for the firm include Multitiendas Corona, Samsung, Falabella and Progreso.

Grasty Quintana Majlis & Cia

Grasty Quintana Majlis & Cía is a skilled Chilean firm that is well-established in Latin America. 

 

Focusses / specialisms

 

The firm specializes in M&A transactions, participating in mergers, acquisitions, joint ventures and corporate reorganizations. The firm focuses on the mining, insurance, agriculture, technology, venture capital and finance sectors. 

 

Key clients

 

Some of the firm’s key clients include Nexo Water VenturesApiuxTecnologíaConvertia, Caja de Ahorros de EmpleadosPúblicos, General Electric and Punta Blanca Grupo Inmobiliario. 

 

Client feedback: 32nd edition (2022/2023) 

 

M&A 

“Client orientation, responsiveness and high level advise.”

Guerrero Olivos

Located in Santiago, Guerrero Olivos is a highly regarded firm across all corporate practice areas. It maintains a global presence throught its membership in TagLaw, Global Law and the Legal Alliance of the Americas. 

 

Focusses / specialisms 

Guerrero Olivos maintains a distinguished practice in banking and finance, capital markets, M&A and project development, especially in the mining industry. In banking and finance, the team acts for borrowers and lenders in project financing, refinancing, acquisition financing and general corporate financing matters. Many of its transactions are cross border financing.

 

The capital markets practice works on the debt side, representing issuers in bond issuances. The team also works with asset managers and other financial institutions in investment fund management and regulatory compliance. It has experience with closed end funds, ETFs, mutual funds, real estate funds and foreign funds.

 

The M&A practice advises strategic and private equity clients in buy and sell side acquisitions, joint ventures. It also advises firms in strategic investments and reorganizations. 

 

The project development practice represents developers, sponsors in the development and financing aspects of projects in the mining, infrastructure, construction, energy and transportation industries.

 

The firm also has a notable restructuring and insolvency practice, where it represents creditors and debtors in reorganization and bankruptcy matters.

 

Key clients 

Key clients for the firm include WOM, Telefónica, IFCO Systems, Natixis, Scotiabank, BlackRock, Compañía General de Electricidad, Caja de Compensación de Asignación Familiar de Los Andes, Prudential Insurance, Transemel, Novator Partners, AES Gener, Femsa Comercio, Corporación Reguemos Chile, Sustentable, Cap Vert Energie and China Development Bank.  

 

Client feedback: 32nd edition (2022/2023)  

 

Project development: Infrastructure  

“Dedicated and well-prepared team, responsive and Guerrero Olivos´s partners involvement when necessary.” 

 

M&A 

“Outstanding legal expertise and Negotiation skills."  

"Multi-functional talents in diverse aspects.” 

HD Legal

Honorato | Delaveauis a mid-sized Chilean firm allied with the Ibero-American Legal Network. 

 

Focusses / specialisms 

The firm specializes in M&A transactions, being particularly skilled in fintech, energy, real estate, construction, investment fundsand cryptocurrency sectors. 

 

Key clients 

Some of the firm’s key clients include Ebi Operation, BlackRock, Innergex Renewable Energy, Tanner Group, Fressenius Medical Care and Inversiones Magnani.

Labbe Abogados

Labbe Abogados is located in Santiago. The firm is active in litigation, labor and corporate law.  

 

Focusses / specialisms 

Within corporate law, the firm specializes in the M&A practice area. It acts for acquirers in private acquisitions. The practice works mostly in the food, mining and energy industries. 

 

Key clients 

Key clients for the firm include Neoelectra Chile. 

Larraín y Asociados

Founded in 1994, Larraín & Asociados has grown into a highly regarded firm in project development and banking and finance. The firm is headquartered in Santiago. 

 

Focusses/specialisms 

Larraín is highly experienced in the infrastructure, energy and natural resources industries. In addition to its outstanding project development and banking and finance practice, it also has a noteworthy M&A practice. 

 

In banking and finance, the practice acts for lenders and borrowers in project financing, refinancing, acquisition financing and general corporate financing. It also acts for target companies in investment funding rounds. 

 

The M&A practice represents buyers in acquisitions, reorganizations and strategic investments.

 

Many of the acquisitions are related to project development matters, where the firm represents developers in development and financing matters. 

 

Key clients 

Key clients for the firm include Banco Internacional, Banco Consorcio, TI Mining, Hidroeléctrica San Andrés, Fundación Viento Sur, Scotiabank, Itaú Corpbanca, Banchile, Empresas GASCO, Sacyr Agua, Transchile Charrúa Chile, San Manuel, Minera Centinela and Aquafarms.

Lavín Abogados

Lavín Abogados is a boutique law firm known for its work in project development. It is headquartered in Santiago, but has a second office in Valdivia.  

 

Focusses/specialisms 

Lavín is focused on the energy, natural resources, mining, maritime and infrastructure industries. In project development the firm acts for public institutions, environmental institutions, concessionaires and developers in development and construction of projects. 

 

Key clients 

Key clients for the firm include AES Gener, OMX Operaciones Marítimas, Aguas Pacífico, Sociedad Contractual Minera el Abra, Atria Energía, Golden Sun, Transmisora Eléctrica del Norte, Terminal de Graneles del Norte and Empresa Eléctrica Vallenar. 

Lembeye Abogados

Located in Santiago, Lembeye Abogados was founded in 2017. The firm is active in the financial and corporate and project development practice areas.

 

Focusses/specialisms 

The firm is best known for its work in the M&A and project development practice areas. In the M&A practice, the team acts for buyers and sellers in private acquisitions. It also represents start ups in strategic investments.

 

In project development, the firm represents developers in projects in the mining, infrastructure and renewable energy industries. Within the renewable energy industry, solar and wind are particular popular for the firm. It also frequently works on public procurement matters.

 

Key clients 

Key clients for the firm include Aki KB Minibodegas, Business News Americas, The Live Green Co, Itelecom, Angold Resources, Apollo Gold, Equus Mining, Vestas Chile Turbinas Eólicas Limitada and Consorcio Prodiel Santa Fe.

 

Client feedback: 32nd edition (2022/2023)  

 

M&A 

“Understanding our needs, objectives and strategy to close the deal.” 

Good knowledge, hands-on, committed to success. 

Molina Ríos Abogados

Located in Santiago, Molina Ríos is a well known law firm in the project development practice area. The firm has four partners, one counsel and an additional 10 associates. 

 

Focusses/specialisms 

Because the firm’s expertise is in the project development practice area, it is focused on the energy, mining, infrastructure and construction industries. It has experience working for both public and private projects, advising developers and concessionaires in all states of project development from financing to construction.

 

Key clients 

Key clients for the firm include CJV Consortium, OHL, Mainstream Renewable Power, Eiffage, Acciona, Besalco, AVA Montajes and ENAP. 

 

Client feedback: 32nd edition (2022/2023) 

Project development: Energy 

“Practical experience, arbitration-oriented experience, good relationship with the client (not necessarily lawyers).” 

Morales & Besa

Founded in 1992, Morales & Besa has grown to become one of Chile’s leading firms in financial law. The firm is located in Santiago. 

 

Focusses/specialisms 

In addition to its top tier practice in banking and finance, capital markets and project development, the firm also has an outstanding M&A practice. In banking and finance, the firm acts for lenders and borrowers in project financing, refinancing and acquisition financing. 

 

The capital markets team has experience on both the debt and equity side, representing issuers and underwriters. In debt capital markets, the team works on sovereign bonds, green bonds, investment grade, high yield and project bond issuances. In equity capital markets, the team helps with IPOs. 

 

The M&A practice acts on the buy and sell side in strategic and private equity acquisitions and investments across a diverse array of industries. 

 

In project development, the team works on PPP and private projects in the infrastructure, energy and mining industries. It represents sponsors, concessionaires and developers. 

 

Key clients 

Key clients for the firm include Banco Santander, Itaú Corpbanca, Banco Internacional, Sumitomo Mitsui Banking Corporation, Accel-KKR, Republic of Chile, Cencosud Shopping, Ruta del Maipo Sociedad Concesionaria, Partners Group, FRS Capital, Merck Sharp & Dohme, EIG Atacama Management, Teras Capital Group, Meridiam Infrastructure, Sociedad Concesionaria Nuevo Pudahuel, WPD Chile, EIG Global Energy Partners and Arena Minerals. 

Pérez Alati, Grondona, Benites & Arntsen

Pérez Alati, Grondona, Benites & Arntsen was founded in 1991. It is a large, full-service firm with an international presence. The firm has offices in Buenos Aires, Argentina, Santiago de Chile, and New York. The Chilean firm is allied with Schwencke & Cia from Argentina. 

  

Focusses / specialisms 

The firm’s practice specialties include corporate M&A, private equity, project development and capital markets. The firm advises clients in various industries.  

  

Key clients 

Some of the firm’s key clients include WPP Group, MCormick, Smollan, ExitoWeb, Olam International, Cacao Paycard, Glade Brook, South Am Freeze Dry, Austral Capital Partners, H.G Kaufman Group London and TD Advanced Technology Solutions Chile. 

Russi & Eguiguren | Quadrant

Russi & Eguiguren | Quadrant is a full-service law firm established in 1993, with an office in Santiago.  

 

Focusses / specialisms 

The firm advises clients in corporate and M&A transactions.   

 

Key clients 

Among the clients of the firm are Papa Johns and Medismart.

Urenda Rencoret Orrego & Dörr

Established in 1960, Urenda Rencoret Orrego & Dörr is a member of Multilaw and World Law Group, making it a firm that skillfully services international clients. 

 

Focusses/specialisms 

The firm is very capable in banking and finance, capital markets, M&A and project development.  

The banking and finance team and the capital markets team work together on debt securitization. The capital markets team is also adept on the equity side, advising on initial public offerings among other stock market matters. 

The M&A department is skilled in joint ventures, corporate restructuring and shareholders agreements. 

In project development the firm focuses on power generation, specifically non-conventional renewable energy. 

 

Key clients 

Some of the firm’s key clients are BHP, Yamana Gold, Minera Escondida, International Finance Corporation, GE Capital Aviation Services, The Bank of New York Mellon and Royal Gold. 

Financial and corporate - Foreign
Cuatrecasas

Iberian firm Cuatrecasas has over 20 offices spread out over 13 countries. The international firm entered the Chilean market with its first office in Santiago in 2020.

 

Focusses / specialisms 

The Chilean office specializes in banking and finance and M&A matters. In banking and finance, the team represents borrowers and shareholders in DIP and corporate financing, as well as refinancings.

 

The M&A team acts for both buyers and sellers in private acquisitions across several industries, most notably power and infrastructure.

 

Key clients 

Key clients for the firm include Costa Verde Aeronáutica, EdgeConneX Chile, Moneda, Compañía General de Electricidad and CMB Prime Administradora General de Fondos.