Market: Chile

Several firms help Chilean ski resort restructure debt

Carey has helped Chilean ski resort Valle Nevado restructure US$60 million worth of debt, following financial difficulties caused by recent snow shortage and social restrictions amid the covid-19 pandemic.

06 May 2021

Barros & Errázuriz makes two new partners

Chilean law firm Barros & Errázuriz Abogados has added firepower to its competition and dispute resolution departments by promoting two senior associates to partner.

05 May 2021

Morales & Besa appoints first woman managing partner

Chilean Latin Lawyer Elite firm Morales & Besa has elected its first female managing partner – Macarena Laso – becoming one of very few local firms with a woman in charge.

30 April 2021

Atacama wind farm gets US$231 million financing

Milbank in New York and Philippi Prietocarrioza Ferrero DU & Uría (Chile) have helped the local subsidiary of Spanish renewables group Ibereólica obtain a US$231 million loan to fund the operations of a wind farm in northern Chile.

30 April 2021

Honorato Delaveau helps Andean fund get IDB and IFC backing

Honorato Delaveau has helped a fund controlled by Chilean investment management company HMC Administradora General de Fondos (HMC-AGF) receive a US$40 million cash injection from IDB Invest and the International Finance Corporation (IFC).

28 April 2021

Several firms steer Chilean solar financing

White & Case LLP in New York, Miami and Madrid and Guerrero Olivos in Santiago have helped solar power company Solek Chile get a US$95 million loan to fund local renewables projects.

28 April 2021

Jaime Carey becomes IBA’s first Chilean secretary general

Carey’s managing partner Jaime Carey has been named the first Chilean secretary general of the International Bar Association (IBA).

27 April 2021

Credicorp sets up fund to acquire Chilean shopping mall

Baker McKenzie (Chile) has helped the local fund-managing arm of Peru’s Credicorp set up a US$30 million public fund to acquire a shopping mall leased to US supermarket chain Walmart.

21 April 2021

Chilean car importer seeks support for pre-pack restructuring

Chilean car importer Automotores Gildemeister has commenced solicitation for a pre-packaged Chapter 11 process to reduce its debt by over US$200 million, after restructuring its senior notes in 2019 and 2016.

20 April 2021

Colombian power company brings arbitration claim against Chile

A Colombian state-owned power company has filed an International Centre for Settlement of Investment Disputes (ICSID) claim against Chile over the construction of a major electricity transmission line.

19 April 2021

Get unlimited access to all Latin Lawyer content