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.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- ‘Very professional and consistent work.’
- ‘Very serious and committed.’
- ‘A team with high-level knowledge and practical experience in insolvency cases, which allow advice that provides peace of mind and confidence to the client, since the strategies are appropriate to the client's needs.’
- ‘Very good availability to answer queries and requests, both from partners and associates, responding quickly, efficiently and completely.’
- ‘The human qualities of the team stands out, in addition to the solid theoretical and practical knowledge, as well as the excellent communication skills.’
- ‘Clients highlight the partners Ricardo Reveco and Roberto Villaseca for their high levels of commitment to the cases and clients.’
Key clients
- Mainstream Renewable Power
- Cóndor Energía
- Huemul Energía
- María Elena Solar
- Empresas Sencorp
- Nova Austral
- La Araucana
- Valle Nevado
- Sociedad Inmobiliaria Valle Nevado
- Itaú Corpbanca
- Carsol Fruit
- Carsol Export
- Constructora Proyekta
- Tanner Servicios Financieros
Work highlights
- Assisted Mainstream Renewable Power, Cóndor Energía and Huemul Energía with the restructuring of the debts and assets of the Chilean affiliates of Mainstream.
- Assisted Nova Austral with the negotiation of a judicial debt restructuring proceeding.
- Assisted La Araucana with the negotiation to amend its judicial reorganisation plan.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
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.
Ricardo Reveco, Salvador Valdés, Francisco Ugarte, Cristián Figueroa, Alejandra Daroch, Roberto Villaseca