Carey

Legal powerhouse Carey fields a ‘very serious and committed’ insolvency, bankruptcy and restructuring group that is consistently involved in high-stakes insolvency proceedings in Chile. The team’s specialisms include advising both creditors and debtors on liquidations, reorganisation agreements and restructurings, as well as assistance during negotiations. The firm's full-service offering allows the practice to leverage the experience of litigators for insolvency proceedings, along with that of the firm’s corporate lawyers in M&A and financial distress-related operations. The team has also been especially active in relation to the economic aftermath of the Covid-19 pandemic, particularly in the construction and real estate sectors. The group's principal advisers are complex insolvency specialist Ricardo Reveco, whose recent experience includes leading advice to Mainstream Renewable Power (Mainstream), Cóndor Energía and Huemul Energía on the debt restructuring of Mainstream’s Chilean affiliates; Roberto Villaseca and Salvador Valdés' whose track records include advising on the restructuring of liabilities; Francisco Ugarte, an adviser to both debtors and creditors on restructuring and insolvency matters; financial distress transaction expert Cristián Figueroa; and Alejandra Daroch, who maintains a broad insolvency, bankruptcy and restructuring practice. Focused on civil and commercial litigation, intermediate associate Francisco Torm also acts in restructuring and insolvency proceedings.