(The following information was supplied by the firm)
Carey is Chile’s largest full-service law firm, with more than 270 legal professionals. The corporate, litigation and regulatory groups comprise specialised attorneys and who practice in all areas of law. Clients include some of the world’s largest multinationals, international organisations, and some of the most important local companies and institutions. In 2012, Carey was selected as “Latin American Law Firm of the Year” by Chambers Latin America. The firm is member of the Pacific Rim Advisory Council, World Services Group, Terralex, The Interlex Group, Employment Law Alliance, RIELA, and Aliança de Advocacia Empresarial.
Main Areas of Practice:
Antitrust & Regulated Markets:
Carey covers all areas of antitrust law and regulatory matters, including litigation before the Antitrust Court (TDLC), Civil Courts, the Supreme Court, as well as advisory in investigations by the National Economic Prosecutor (FNE) and negotiation of agreements with this agency. Carey also has a positive track record in securing approvals for complex mergers, acquisitions and joint ventures with the FNE and the TDLC.
Banking & Financial:
Carey has extensive experience advising creditors, investors and borrowers in all types of banking and financial transactions. It has represented domestic and foreign clients in bilateral or syndicated loans, with or without guarantees; liability management; public and private offers and placements of capital and debt, both local and international; securitisations; project financing; structured products and operations with derivatives; among many others.
Corporate, Mergers & Acquisitions:
Carey is a market leader in structuring M&A and has been consistently recommended by important publications in this area. The firm advises a wide range of clients including multinationals, funds and foreign companies investing for the first time in Chile. In addition, Carey works with local and Latin American companies expanding their businesses throughout Chile and the region. Carey advises clients in the negotiation process, including the efficient structuring of taxes related to the transaction, investment financing, corporate governance, establishing collabourative agreements between companies such as joint ventures and strategic alliances and the development of business relationships between the different parties involved in a project.
Carey has extensive experience advising on energy projects and infrastructure works throughout the energy industry. The practice has been involved in some major energy, and oil and gas projects in the country (including coal, natural gas, hydropower, LNG projects, non-conventional renewable energy, FSU and FSRU projects), advising the public sector and international and domestic clients. Additionally, the firm has advised several clients, either generators or industrial consumers in the negotiation of Chile’s major PPAs and supply agreements, and also renders service in regulatory matters, M&A, joint ventures, negotiation of energy commercialisation deals, project development and financing.
Carey advises clients in all areas of environmental law, including regulatory compliance, due diligence, audits, evaluation processes and consulting on environmental liabilities, litigation, environmental financial product transactions and all aspects of the Environmental Impact Assessment System. It also has extensive experience in consulting for compliance with international standards in project finance, relationship and negotiation with communities and Convention 169.
Insurance & Reinsurance:
Carey has a long tradition of representing leading Chilean and international insurers, reinsurers, financial institutions, brokers and insured businesses, on regulatory, corporate, contractual, transactional and dispute resolution matters. The firm has assisted some insurance companies, insurance brokers and reinsurance companies since their entry into the Chilean insurance market, and has continued to provide advice to them and other clients on their relation with the Chilean insurance regulator. It provides advice to companies in different industry sectors on dispute resolution matters and settlements with insurance companies.
Intellectual Property & IT:
Carey is the market leader in intellectual property matters in Chile, and is responsible for over 6,000 patents and 30,000 trademarks. The firm draws on experience to assist clients with issues related to the prosecution and litigation of patents and trademarks, regulatory matters, copyright, licensing, and anti-counterfeiting. It understands that the most important concern of the clients is often the protection of their intangible assets, a task that it fulfills proactively by always looking for the best possible results.
Litigation & Arbitration:
Carey is nationally renowned for excellence in assisting its clients in the resolution of complex civil and commercial lawsuits, conflicts between shareholders, insolvency and reorganisation of companies, environmental and sanction procedures, criminal trials, construction and disputes related to concessions, national and international commercial arbitrations, among others.
Carey has extensive experience in advising small, medium and large mining companies, both Chilean and foreign, that exploit all kinds of metallic minerals (copper, molybdenum, silver, gold and others) and non-metallic minerals (nitrates and others) in all stages of mining projects from the initial launch to full operation, through the end of a cycle and mine closure.
Carey’s tax specialists are constantly involved in structuring the most complex and important transactions, litigations, tax planning and due diligence processes, using a practical approach to provide concrete and integrated solutions. The team is composed of an interdisciplinary group of attorneys and in-house accountants with experience both in Chile and abroad.
Telecoms & Media:
Carey’s experience in regulatory matters includes advice in the implementation of new technologies and softwares that seek to integrate communications through many devices and infrastructure. Also, includes procedures to obtain concessions, licenses and permits for any type of telecommunications services and their modifications. This includes fixed, mobile and satellite telephony, data transmission, WiMax, VoIP, trunking, radio communications, long distance, LMDS, open and cable television, broadcasting, Internet, etc.
Administrative & Public Law
Banking & Finance
Capital Markets: Debt
Energy & Natural Resources
IP: trademarks: Contentious
IP: Trademarks: Prosecution
Labour & Employment
Private Wealth Law
Real Estate & Tourism
Restructuring & Insolvency
Recently, the National Consumer Service (Sernac) issued two guidelines with relevant provisions regarding the processing of personal data. I Interpretative Guideline on fairness criteria contained in standard form agreements referring to the collection and processing of personal data. Sernac proposed the control and supervision of the clauses and stipulations contained in standard form agreements normally […]
Law No. 21.441 extends the duration of paid leave for employees in case of death of close relatives May 12, 2022 On May 9, 2022, Law No. 21,441 (hereinafter, the “Law”) was published in the Official Gazette, which amends Article 66 of the Labor Code regarding the paid leave in case of death of certain […]
On April 21, 2022, a public consultation process on new access requirements and operating rules for the Formal Exchange Market was opened, in the context of the third stage of the modernization of the Central Bank’s exchange regulations. The main goals of the intended changes at this stage are the following: First, to facilitate the […]
As announced by the Trademark and Patent Office (“INAPI”) in the context of the day of Intellectual Property, the amendments to Law No. 19,039 on Industrial Property will come into force on Monday, May 9, 2022, through the publication in the Official Gazette of its application regulations, which have been approved by the Comptroller General of […]
On March 21, 2022, Congress approved the bill of law entitled: “Requires the execution of a contract, in the terms indicated, between Professional Sports Corporations and athletes who are part of the National Women’s Soccer Championship”. The provisions of the approved bill, in addition to updating the language used in the Labor Code, will be […]
On February 4, the extract of General Instruction No. 61 of the Financial Analysis Unit (hereinafter the “New General Instruction”) was published in the Official Gazette, which details the obligations of the country’s anti-money laundering and anti-terrorist financing regulations that apply to the representative offices of foreign banks in Chile (hereinafter “Representative Offices”), in their […]
On February 12, 2022, the Regulation of Law No. 21,325 on Migration and Foreigners (the “Regulation”) was published in the Official Gazette. In turn, Law No. 21,325 on Migration and Foreigners (the “New Law”) was enacted and published in the Official Gazette on April 20, 2021, however its entry into force was subject to the […]
On December 31, 2021, The Chilean Ministry of Public Works published one of the last calls for bids before closing 2021, corresponding to the modernization and improvement of the current Route 68. The 140.7 km project will connect the municipalities of Santiago, Valparaíso and Viña del Mar and has a budget of approximately US $ […]
Trademarks registered in Chile must be actually and effectively used in the market as a condition to maintain their validity. In this way, Chilean legislation is aligned with international standards in this matter, ceasing to exist registered trademarks with merely defensive purposes or with the aim of blocking the entry of a competitor to the market. […]
On October 27, the Ministry of Science presented what will be the first National Artificial Intelligence Policy containing the strategic guidelines to be followed by the country over the next 10 years with the aim of empowering people in the use and development of Artificial Intelligence (AI) tools and participating in the debate on their […]
Paulina Silva and Elías Mohor The pandemic revealed a great need to perform acts and contracts remotely, avoiding having to meet to sign the instruments or appear before a notary. This increased doubts about the regulation of electronic signatures, especially to understand under what circumstances it can be used and when it cannot. In this article we briefly […]
LatinFinance chose as the “Bond of the Year” the US$489 million bond issued in 2021 by Chile Electricity PEC SpA governed under Rule 144A/Regulation S of the Securities Act of 1933 of the United States of America, which allowed electricity generation companies to monetize their accounts receivable derived from Law No. 21,185, on temporary stabilization of […]
On September 3, the executive branch of Chile´s government presented to Congress the anticipated draft of the “FinTech Law”, the new regulation that proposes a legal framework applicable to FinTech companies in Chile (the “Bill“). Until now, FinTech companies in Chile have operated without their own or specially designed legal framework, which has generated a […]
August 19, 2021On August 18th, 2021, Law No. 21,362 (the “Law”) was published in the Official Gazette. The Law introduces several modifications to other laws in connection with the labeling, advertisement, and sales of gluten free foodstuff products. Firstly, the Law modifies Law No. 20,606, commonly known as the Labeling Law. In general terms, […]
July 21, 2021 In order to promote the development of clean energy, the Chilean Government is preparing new public tenders of state-owned land, to award lots in 20 different properties (see summary table at the end). This offering is significant because more than 40% of the installed capacity in renewable energy generation is on state-owned land. […]
On June 1st, 2021, Law No. 21,342 (hereinafter, the “Law”) was published in the Official Gazette, establishing protocols for occupational health safety and a mandatory health insurance for safe, gradual return to presential work. The above, in the context of the health alert caused by the Covid-19 disease in Chile. The main implications of the […]
On December 21, 2020, the National Energy Commission (CNE) approved Exempt Resolution No. 478 which provides the definitive Tender Rules for the Public Tender Process for the supply of energy and power to distribution companies that will take place this year. As stated by the CNE, these rules include the following changes, with the purpose […]
2020 has put every country in the world under maximum pressure. Not only every nation’s political, economic, and social systems have been harshly tested, but also public health systems, education, and every other angle of society has had to navigate through turbulent and unknown waters. Chile has been no exception to these phenomena, which obviously […]
May 8, 2020 Update on Travel Permits: Instructions for their requesting in the Mining Industry. Together with safe conducts, granted to circulate during curfew periods, and that are applicable for all the national territory, only for those boroughs subject to total quarantine by the Government, the Ministry of Internal Affairs and Public Security issued Instructions […]
In the context of COVID-19, on April 20, 2020, the Undersecretary of Fishing and Aquaculture (“Subpesca”) issued Resolution No. 1068 (“Res. 1068”), wich provides the extension in a month, of the terms for sanitary rests and harvest regulated in articles 23 Ñ and 23 R of Supreme Decree No. 319/2001, Sanitary Regulation for Aquaculture, in […]
(Santiago, Chile, May, 2020) Upon the sanitary emergency triggered by COVID-19 and the consequential slowdown for commerce and the economy in general, it is likely that many companies will lack the liquidity to face payments for their creditors, suppliers, personnel, etc. In the face of such an issue, companies might ensure financing via short-term loans, […]
The renewable energy branch of Canadian asset management fund Brookfield has turned to Carey to acquire a majority stake in Chilean solar project company Solarity. Prieto advised the seller, Chilean energy-focused holding company Light E, while the Solarity’s co-founders, Horacio Melo and José Luis Carvallo, enlisted Echeverría Ilharreborde Scagliotti. The deal closed on 17 March […]
Rodrigo Aldoney has joined Carey to lead the firm’s Criminal Law team as a senior advisor. Rodrigo received his law degree from the Universidad de Chile, and he has a Doctorate in Criminal Law from the Albert-Ludwigs-Universität Freiburg, in Germany, where he also earned an LL.M. In the area of Criminal Law, Carey has extensive […]
As Miami continues to flourish as a hub for Latin American investments, Carey has taken an important step to meet their clients’ evolving needs. The Chilean law firm opened a commercial office in the Floridian city which will be focused on venture capital investments and startup clients, family offices and funds. The office will be […]
On April 1st, Manuel Alcalde became a partner at Carey after serving as the Head of Tax Policy for the Chilean Ministry of Finance for the past three years. Manuel worked as an associate in Carey’s tax department for over 12 years, until 2018, when he left the firm to serve in the government. With […]
Highway concession for USD 892M The Chilean Ministry of Public Works (MOP) finalized the call for tenders for the second concession of Route 78 from Santiago to the port city of San Antonio, also known as Autopista del Sol. The project includes an investment of USD 892 million and a maximum variable term of 30 […]
Attorneys Manuel Alcalde, Francisco Arce and Fernando Noriega were promoted to partners at Carey, the largest law firm in Chile. With these promotions, the firm, which has more than 270 professionals in its legal area, now has 37 partners. Manuel Alcalde is part of the Tax group and focuses his practice on structuring corporate, personal […]
On April 1st, Manuel Alcalde became a partner at Carey after serving as the Head of Tax Policy for the Chilean Ministry of Finance for the past three years. Manuel worked as an associate in Carey’s tax department for over 12 years, until 2018, when he left the firm to serve in the government. […]
Chile’s diplomatic relations with China began 50 years ago, and Carey law firm has played a pivotal role in supporting the relationships between Chilean companies and the Asian giant. In 2008, Carey carried out the first historic legal advisory to Banco de Chile on a loan provided by the China Development Bank. In 2016, the […]
Carey has given voice to their experience and created a new channel to report on the most relevant issues in the legal world in Chile. The podcasts do not exceed 10 minutes and are featured on the Buzzsprout platform and on Spotify. To date, the firm has three podcasts on Consumer Law, in Spanish, and […]
Francisco Guzmán, a partner at Carey and co-head of the firm’s Venture Capital practice group, has been appointed President of the Chilean Venture Capital Association (ACVC). He will lead the association together with Magdalena Guzmán, Executive Director of ACVC. Part of Francisco’s role will be to raise awareness and deepen understanding of the importance of […]