‘On the front line of new legal developments and cutting-edge practices’, legal market stalwart Claro & Cia. is home to a 14-strong reorganisation and insolvency practice that acts for major companies on the restructuring and rescheduling of their liabilities, as well as the negotiation of payment and creditor agreements. On the creditor side, the team routinely assists with bankruptcy liquidation processes and reorganisation agreements. Highlights for the practice include its current representation of LATAM Airlines, in relation to the reorganisation of its business globally under Chapter 11 of the US Bankruptcy Code. It is also advising Citigroup Latinoamérica on Chilean bankruptcy and restructuring issues. The group’s key practitioners include civil and commercial litigation and arbitration expert, Nicolás Luco; M&A practice head José María Eyzaguirre B; Rodrigo Ochagavía, who regularly acts for creditors and debtors; and Felipe Larraín, an expert in M&A, business organisations and corporate finance, particularly in relation to cross-border mandates. The team also includes well-known litigator Cristóbal Eyzaguirre, whose broad practice includes restructuring work; bankruptcy specialist José Miguel Huerta; and Ariel Mihovilovic, who assists with both transactional and contentious matters.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The firm is uniquely strong, and has exceptional legal insights and top-notch commercial advice.’

  • ‘They are first among peers as a go-to firm for complicated matters.’

  • ’On the front line of new legal developments and cutting-edge practices.’

  • ‘They are creative and strong advocates for their clients.’

  • ‘The team, including Nicolás Luco, consits of very strategic lawyers when defending their clients' interests.’

  • ‘José María Eyzaguirre B and the team are master strategists with exceptional reputations.’

Key clients

  • LATAM Airlines Group
  • Euroamérica
  • AES Andes
  • Citigroup Latinoamérica
  • Banco Itaú Corpbanca
  • Samsung

Work highlights

  • Representing LATAM Airlines in the reorganisation of its business globally under Chapter 11 of the US Bankruptcy Code, as well as ancillary proceedings and related matters.
  • Advising Citigroup Latinoamérica on Chilean bankruptcy/restructuring legal issues.
  • Advising Banco Itaú Corpbanca on Chilean bankruptcy/restructuring legal issues.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Nicolás Luco