With longstanding experience in advising banks, brokers, financial institutions and companies, Larrain y Asociados Abogados has particular expertise in the structured financing of infrastructure, energy, petrochemical and mining projects. The seven-strong group is also notably active in the financing of M&A deals; financings through the issuance of guaranteed and secured bonds in the Chilean and international markets; and aircraft-related financing. Foreign and local banks additionally turn to the group for assistance with day-to-day operations, along with reorganisations, and bankruptcy and liquidation processes. Recent matters saw the team advise Mytilineos Energy & Metals (and subsidiaries) on a $377m project financing for the construction of four photovoltaic generation projects in Chile. The practice is led by project financing expert Patricio Montes (whose international career includes working as a foreign associate in Shearman & Sterling LLP’s New York office), with key support provided by Diego Garay, another notably active project finance practitioner. The department further includes deeply experienced senior partner Jorge Granic, who advises on the structuring and financing of complex industrial projects; and project finance specialists Cristóbal Morandé and Joaquín Larrain. At associate level, intermediate Michelle Inzunza - whose practice is centred on banking, finance and capital markets, along with projects and public works' concession - is the key contact.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Larraín's team is extremely good and diligent. They are always available to provide expert advice and according to the times required by the industry.'
  • 'The plus is the closeness and direct contact with partners and senior associates, for example, with Diego Garay, who is an excellent lawyer and is characterised by his speed and assertiveness in his advice.'

Key clients

  • Itaú Corpbanca
  • Banco Security
  • Banco Santander-Chile
  • Banco Internacional
  • Aguas Horizonte
  • Banco Consorcio
  • Banco Bice
  • Mytilineos Energy & Metals
  • Banco de Chile
  • Banco del Estado de Chile
  • Banco Itaú Chile

Work highlights

  • Advised Aguas Horizonte on the negotiation and documentation of an international financing for the construction and development of a desalination plant in northern Chile.
  • Advised Mytilineos Energy & Metals (and subsidiaries) on a $377m project financing for the construction in Chile of four photovoltaic generation projects.
  • Advised a syndicate of banks, led by Banco de Chile, on the negotiation, structuring, documentation and closing of a financing granted to Sociedad Concesionaria Red Maule.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
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.

Practice head

The lawyer(s) leading their teams.

Patricio Montes