"Serious, honest, and ethical lawyers" is how one competitor describes Guerrero Olivos Novoa y Errázuriz, which the market describes as having strong institutional links. "Three of the named partners used to be chief legal counsel of the Central bank," says one lawyer, referring to Roberto Guerrero, Carlos Olivos, Hernán, and Felipe Errázuriz....
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"Serious, honest, and ethical lawyers" is how one competitor describes Guerrero Olivos Novoa y Errázuriz, which the market describes as having strong institutional links. "Three of the named partners used to be chief legal counsel of the Central bank," says one lawyer, referring to Roberto Guerrero, Carlos Olivos, Hernán, and Felipe Errázuriz.
Sources note that the banking and finance practice had an active year, largely due to this experience. "I know that they are active in terms of IPOs and also active in financing energy projects," says one competitor. "They have the skill necessary to give confidence to the banks that all the legal aspects have been addressed properly." One rival concludes that the firm was "very good for special deals and complicated deals".
Last year, the team advised Swedish construction company Skanska in regard to the sale of its 50% stake in Santiago's Autopista Central, one of the capital's four urban highways. Purchased by Alberta Investment Management Corporation (AIMCo), the transaction was structured as an international private bidding process and involved several parties. Additionally, Guerrero Olivos Novoa y Errázuriz guided Telefonica, a Spanish telecommunications conglomerate, through its restructuring of Chilean investments.
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