Guerrero Olivos
Latin America Guide 2025
About
Managing Partner: Martín Santa María
Principal Partner: Juan Enrique Allard
Number of partners: 22
Number of lawyers: 99
Firm Overview:
Guerrero Olivos is an independent leading full-service law firm in Chile with extensive experience, both in local and international markets. With more than 40 years of practice, it is well recognised for its team of experts and as a law firm built on excellence, efficiency, loyalty and integrity. The firm has been selected as Elite Firm by Latin Lawyer since 2015 and has memberships to Globalaw, TAGLaw and The Legal Alliance of the Americas.
Main Areas of Practice:
Corporate/M&A:
Their experienced team consistently engages in the most significant international and domestic M&A transactions in Chile. They provide a comprehensive range of corporate legal services, including business structuring, corporate incorporation, organisation, management, investor relations, financial transactions, corporate governance, regulatory compliance, and general corporate matters.
Banking & Finance:
They represent leading local and international banks and financial entities, advising on banking and finance regulation, financial products, project finance, corporate finance, acquisition finance, collateral structures, loans, syndicated loans, derivatives and debt offerings.
Real Estate:
Their well-known team excels in zoning, urban planning, and permitting issues. They also represent foreign and local funds in the development, sale, acquisition, and financing of real estate projects, especially AAA Class office projects in Santiago.
Energy, Natural Resources and Environment:
Their team has deep expertise in energy, environmental, water law, electric law, and project finance. They advise major energy companies on daily issues and sophisticated transactions and projects, including energy bidding processes and the structuring, development, acquisition, sale, and financing of energy projects.
Mining:
Their clients receive complete legal services, from the incorporation of investment vehicles to the constitution and protection of mining properties, easements, and other ancillary actions for mining activities, including mining litigation and negotiations with relevant authorities.
Projects:
They have extensive experience providing solutions for the complex needs of project development. Their involvement includes large infrastructure projects such as highways, airports, power plants, industrial plants, LNG regasification terminals, green hydrogen facilities, energy storage, and water desalination plants.
Public Law & Regulated Markets:
Their group of public law experts assists clients with straightforward regulatory processes and transactional matters, including litigation, strategies to prevent law infringements, permitting, public procurement, and enforcement proceedings.
Dispute Resolution:
They are experts in high-complexity litigation and arbitration, cross-border disputes, and commercial conflicts.
Venture Capital:
As pioneers in the Chilean market, they formally established a venture capital practice in 1997. Their strong department has broad expertise representing local and international clients, including investors, entrepreneurs, and various players in the VC ecosystem, such as VC investors, CVCs, start-ups, and accelerators.
Labour & Migration:
They offer services to local and foreign companies, including labour contracts, due diligence processes, social security, compliance, collective bargaining, labour-related litigation, migratory and expatriate matters, work permits, and temporary visas.
Compliance:
Their team addresses complex compliance challenges across various fields, mitigating risks of misconduct that may lead to reputational damage, civil liability, administrative proceedings, or criminal investigations. They advise clients on compliance measures and risk assessment policies across different industries.
Tax:
Their team of tax experts assists local and international corporations, individuals, and family offices. Including tax accountants and auditors, they tackle complex double taxation and structuring projects to improve their clients' overall tax footprint.
IP:
Their experienced team offers comprehensive services in trademark and patent registration, copyright, technology transfer, IP litigation, domain names, personal data, cybersecurity, drafting and negotiating exemptions, licence contracts, product distribution, patent drafting and prosecution, and protecting artistic and literary works and software.
TMT:
This group assists technology companies in development and regulations; media companies in commercial and regulatory matters, and telecom relevant players in different matters. This team works in commercial and technical tasks and has high level litigation and recognised regulatory capacity.
Competition/Antitrust:
Their team is well-versed in merger control processes, antitrust litigation, and the structuring and implementation of antitrust compliance programmes.
Capital Markets:
Their well-established group provides client services of the highest international standards, offering innovative and creative solutions for specific financial products.
Insolvency & Restructuring:
Their specialised group focuses on insolvency procedures, including liquidation and reorganisation, providing efficient assistance to both creditors and debtors. They are recognised in the market for their expertise, active involvement in all stages, and success in achieving favourable outcomes for their clients.
Languages:
English, French, German, Italian, Portuguese, Spanish.
Ranked Offices
Provided by Guerrero Olivos
- Santiago de ChileAvenida Vitacura 2939 12th floor Las Condes , Santiago de Chile, Santiago, Chile, 7550011
- Web: www.guerrero.cl
- Tel: +56 22 674 2900
- Fax: +56 22 674 2901
- View ranked office
Guerrero Olivos rankings
Articles, highlights and press releases
131 items provided by Guerrero Olivos
Acquisition of Explomin Perforaciones
Guerrero Olivos advised Major Drilling, a Canadian drilling company, on the acquisition of Explomin Perforaciones.
Guerrero Olivos advised IDB Invest on structuring a financial facility
Guerrero Olivos advised IDB Invest on structuring a financial facility that enabled the purchase of more than 99% of the payment documents issued by the Tariff Stabilization Fund (Fondo de Estabilización de Tarifas in Spanish), in accordance with Chile's new MPC Law (Law No. 21,667).
ByL/Drimkip. Sale of 100% of the shares
Guerrero Olivos advised ByL SpA, a Chilean company that owns the Drimkip brand, dedicated to the manufacture of mattresses and other sleep products, in the sale of 100% of its shares to a Spanish company in the same industry.
Sumitomo Mitsui Banking Corporation. Caja Los Andes. Social loans funding
Guerrero Olivos advised Sumitomo Mitsui Banking Corporation (“SMBC”), a multinational banking financial services institution in the local aspects associated with the financing granted to Caja Los Andes in order to provide funds to finance social loan transactions granted by Caja Los Andes in Chile.
Atlas Renewable Energy and Codelco sign pioneering agreement
Atlas Renewable Energy and Codelco sign pioneering agreement for the implementation of a new solar park with battery system in Chile. Guerrero Olivos advised Atlas Renewable Energy during the tender process for the award of the Power Purchase Agreement to supply the electricity needs of Codelco
Advised the structuring institutions and the syndicate of banks
Guerrero Olivos advised the structuring institutions and the syndicate of banks in the rescheduling of loans of the Manuka Group for approximately CLP$160 billion.
Guerrero Olivos has been assisting La Polar (one of the most important retail companies in Chile) since 2014 in a civil trial commenced by AFC II (public entity that manages unemployment insurance), and recently obtained a favourable decision for La Polar.
Guerrero Olivos appoints new partner
Guerrero Olivos has appointed Tomás Rosemary as new partner as of January 2024. Tomás has built his entire career within the firm and has been a member of the real estate department since 2012. He specializes in real estate transactions, project development, and construction and permitting issues.
Aguas Pacífico. Project Finance
Guerrero Olivos advised a group of banks on the USD883M financing of two projects: a desalination plant with a capacity of 1,000 l/s, and an aqueduct in Chile. This marks the first financing in Chile for a multi-client desalination plant.
Kommunalkredit. Resolar project finance
Guerrero Olivos advised Kommunalkredit, in the local-level procedures associated with the EUR40 million financing provided to Resolar for the purchase and development of a photovoltaic plant in Chile
Pan American Silver. Sale of % of Agua de la Falda Project
Guerrero Olivos advised Pan American Silver on the sale of its stake (57.7%) in Agua de la Falda S.A. to Rio Tinto
GO develops criminal practice and strengthens its litigation and compliance practice areas
Criminal lawyer and litigation specialist Joaquín Valenzuela has joined Guerrero Olivos in the context of the recently enacted Law on Economic Crimes and the significant increase in inquiries and legal challenges arising from this law.
Guerrero Olivos advised Osisko Gold Royalties Ltd, a Canadian intermediate precious metal royalty company which holds a portfolio of over 180 royalties, streams, and precious metal offtakes, in the USD15 million royalty acquisition agreement from Hot Chili Limited
International Finance Corporation. Sugal Financing
Guerrero Olivos assisted the IFC on a USD$50 million investment in Sugal Chile Limitada, an affiliate of Sugal Group, the second largest tomato paste producer
Ecora Resources Ltd. Royalty Acquisition
Guerrero Olivos advised Ecora Resources Ltd., a British company, in the acquisition of a royalty in the Vizcachitas mine owned by Los Andes Copper.
María Paz Pulgar. New Partner with Guerrero Olivos
Guerrero Olivos strengthens its mining sector with the addition of a new partner. Starting on August 1, 2023, María Paz Pulgar will join Guerrero Olivos as a new partner. She has played a fundamental role in the Chilean mining industry, where women are increasingly taking a prominent position.
Guerrero Olivos represented Solek, leading company engaged in the design, construction, and operation of solar power plants in Latin America and Europe, in a USD379 million financing deal for its portfolio of solar photovoltaic projects in Chile.
Telefónica Chile. Capital Increase
Guerrero Olivos assisted publicly traded corporation Telefónica Chile S.A. in a USD77 million capital increase, along with the registration of the new shares issued with the Financial Market Commission and its placement.
New partner in Guerrero Olivos
Guerrero Olivos has promoted Benjamín Novoa to its partnership as of January 2023. Benjamín has developed an outstanding professional career at the firm, starting as a paralegal, and then as an associate lawyer from 2010.
Empresas Carozzi, acquires premium ice cream brand San Francisco
Guerrero Olivos assisted Empresas Carozzi S.A. in the acquisition of Lecherías Loncomilla Limitada, a company that since 1975 has been engaged in the production, marketing, and distribution of ice cream for the premium segment, under the San Francisco brand.
Transantartic Energía. Wind parks sale to Engie
Guerrero Olivos advised Transantartic Energía (“TAE”), Jealsa Group, and Grupo Baztán in the sale of 3 wind Parks to Engie.
Empresas Carozzi, the largest Chilean food company. Local bond offering
Guerrero Olivos assisted Empresas Carozzi –the largest Chilean food company– in a USD55 million local bond offering. Our capital markets team worked in the issuance, registration, and placement. Banchile acted as placement agent and Banco de Chile/Citi acted as financial advisor.
LAW (Legal Advice for Women): a new way of providing legal services to promote business among women. Guerrero Olivos developed a business model that seeks to support women, projects, corporations, or start-ups led by women.
CGE. Arbitration and civil lawsuit in the energy industry in Chile
Guerrero Olivos represented Compañía General de Electricidad, leading company in the energy sector in Chile, in an arbitration proceeding against Colbún S.A., and in a civil lawsuit against Enel Generación Chile S.A.
Solek. Project Itihue financing
Guerrero Olivos represented Solek in the US$6 million disbursement for the solar PMGD 9MW project Itihue, under the Credit Agreement executed between Solek and Corporación Interamericana para el Financiamiento de Infraestructura.
FEMSA. Sale of 16 convenience stores to Enex
Guerrero Olivos represented FEMSA in the sale of 16 convenience stores operating under the trademarks Oxxo and OK Market, to Inversiones Enex S.A., affiliate of the Luksic Group holding, licensee of Shell in Chile, which operates convenience stores in Chile under trademarks UPA and UPITA.
Macquarie Asset Management. Acquisition of Class A buildings in Chile
Guerrero Olivos assisted Macquarie Asset Management in the acquisition of 3 Class A office buildings in Chile from Credit Suisse Asset Management. The buildings are located in one of Santiago’s business districts, Las Condes, and in Providencia, one of the most important commercial hubs in the city.
oEnergy. CIFI financing for the development and construction of a solar portfolio in Chile
Guerrero Olivos represented oEnergy and its affiliates in a USD87 million international financing for the development and construction of a 24 solar projects portfolio in Chile with a 72MW capacity. CIFI acted as lender.
EIG lobal Energy Partners and Fluxys. Acquisition of 80% equity stake in GNLQ
Guerrero Olivos advised EIG Global Energy Partners and Fluxys, on a consortium, to acquire 80% equity stake in GNL Quintero S.A., one of the largest liquefied natural gas regasification terminals in Chile.
Golden Arrow Resources acquired mining concessions from Sumitomo
Guerrero Olivos represented New Golden Explorations Chile SpA, and its holding Golden Arrow Resources Corporation, in the acquisition of a 100% interest in the San Pietro Iron-oxide Copper Gold Project (formerly known as Radiss) in Chile, from Sumitomo Metal Mining Chile Ltda., for USD3.35 million.
Acquisition of Explomin Perforaciones
Guerrero Olivos advised Major Drilling, a Canadian drilling company, on the acquisition of Explomin Perforaciones.
Guerrero Olivos advised IDB Invest on structuring a financial facility
Guerrero Olivos advised IDB Invest on structuring a financial facility that enabled the purchase of more than 99% of the payment documents issued by the Tariff Stabilization Fund (Fondo de Estabilización de Tarifas in Spanish), in accordance with Chile's new MPC Law (Law No. 21,667).
ByL/Drimkip. Sale of 100% of the shares
Guerrero Olivos advised ByL SpA, a Chilean company that owns the Drimkip brand, dedicated to the manufacture of mattresses and other sleep products, in the sale of 100% of its shares to a Spanish company in the same industry.
Sumitomo Mitsui Banking Corporation. Caja Los Andes. Social loans funding
Guerrero Olivos advised Sumitomo Mitsui Banking Corporation (“SMBC”), a multinational banking financial services institution in the local aspects associated with the financing granted to Caja Los Andes in order to provide funds to finance social loan transactions granted by Caja Los Andes in Chile.
Atlas Renewable Energy and Codelco sign pioneering agreement
Atlas Renewable Energy and Codelco sign pioneering agreement for the implementation of a new solar park with battery system in Chile. Guerrero Olivos advised Atlas Renewable Energy during the tender process for the award of the Power Purchase Agreement to supply the electricity needs of Codelco
Advised the structuring institutions and the syndicate of banks
Guerrero Olivos advised the structuring institutions and the syndicate of banks in the rescheduling of loans of the Manuka Group for approximately CLP$160 billion.
Guerrero Olivos has been assisting La Polar (one of the most important retail companies in Chile) since 2014 in a civil trial commenced by AFC II (public entity that manages unemployment insurance), and recently obtained a favourable decision for La Polar.
Guerrero Olivos appoints new partner
Guerrero Olivos has appointed Tomás Rosemary as new partner as of January 2024. Tomás has built his entire career within the firm and has been a member of the real estate department since 2012. He specializes in real estate transactions, project development, and construction and permitting issues.
Aguas Pacífico. Project Finance
Guerrero Olivos advised a group of banks on the USD883M financing of two projects: a desalination plant with a capacity of 1,000 l/s, and an aqueduct in Chile. This marks the first financing in Chile for a multi-client desalination plant.
Kommunalkredit. Resolar project finance
Guerrero Olivos advised Kommunalkredit, in the local-level procedures associated with the EUR40 million financing provided to Resolar for the purchase and development of a photovoltaic plant in Chile
Pan American Silver. Sale of % of Agua de la Falda Project
Guerrero Olivos advised Pan American Silver on the sale of its stake (57.7%) in Agua de la Falda S.A. to Rio Tinto
GO develops criminal practice and strengthens its litigation and compliance practice areas
Criminal lawyer and litigation specialist Joaquín Valenzuela has joined Guerrero Olivos in the context of the recently enacted Law on Economic Crimes and the significant increase in inquiries and legal challenges arising from this law.
Guerrero Olivos advised Osisko Gold Royalties Ltd, a Canadian intermediate precious metal royalty company which holds a portfolio of over 180 royalties, streams, and precious metal offtakes, in the USD15 million royalty acquisition agreement from Hot Chili Limited
International Finance Corporation. Sugal Financing
Guerrero Olivos assisted the IFC on a USD$50 million investment in Sugal Chile Limitada, an affiliate of Sugal Group, the second largest tomato paste producer
Ecora Resources Ltd. Royalty Acquisition
Guerrero Olivos advised Ecora Resources Ltd., a British company, in the acquisition of a royalty in the Vizcachitas mine owned by Los Andes Copper.
María Paz Pulgar. New Partner with Guerrero Olivos
Guerrero Olivos strengthens its mining sector with the addition of a new partner. Starting on August 1, 2023, María Paz Pulgar will join Guerrero Olivos as a new partner. She has played a fundamental role in the Chilean mining industry, where women are increasingly taking a prominent position.
Guerrero Olivos represented Solek, leading company engaged in the design, construction, and operation of solar power plants in Latin America and Europe, in a USD379 million financing deal for its portfolio of solar photovoltaic projects in Chile.
Telefónica Chile. Capital Increase
Guerrero Olivos assisted publicly traded corporation Telefónica Chile S.A. in a USD77 million capital increase, along with the registration of the new shares issued with the Financial Market Commission and its placement.
New partner in Guerrero Olivos
Guerrero Olivos has promoted Benjamín Novoa to its partnership as of January 2023. Benjamín has developed an outstanding professional career at the firm, starting as a paralegal, and then as an associate lawyer from 2010.
Empresas Carozzi, acquires premium ice cream brand San Francisco
Guerrero Olivos assisted Empresas Carozzi S.A. in the acquisition of Lecherías Loncomilla Limitada, a company that since 1975 has been engaged in the production, marketing, and distribution of ice cream for the premium segment, under the San Francisco brand.
Transantartic Energía. Wind parks sale to Engie
Guerrero Olivos advised Transantartic Energía (“TAE”), Jealsa Group, and Grupo Baztán in the sale of 3 wind Parks to Engie.
Empresas Carozzi, the largest Chilean food company. Local bond offering
Guerrero Olivos assisted Empresas Carozzi –the largest Chilean food company– in a USD55 million local bond offering. Our capital markets team worked in the issuance, registration, and placement. Banchile acted as placement agent and Banco de Chile/Citi acted as financial advisor.
LAW (Legal Advice for Women): a new way of providing legal services to promote business among women. Guerrero Olivos developed a business model that seeks to support women, projects, corporations, or start-ups led by women.
CGE. Arbitration and civil lawsuit in the energy industry in Chile
Guerrero Olivos represented Compañía General de Electricidad, leading company in the energy sector in Chile, in an arbitration proceeding against Colbún S.A., and in a civil lawsuit against Enel Generación Chile S.A.
Solek. Project Itihue financing
Guerrero Olivos represented Solek in the US$6 million disbursement for the solar PMGD 9MW project Itihue, under the Credit Agreement executed between Solek and Corporación Interamericana para el Financiamiento de Infraestructura.
FEMSA. Sale of 16 convenience stores to Enex
Guerrero Olivos represented FEMSA in the sale of 16 convenience stores operating under the trademarks Oxxo and OK Market, to Inversiones Enex S.A., affiliate of the Luksic Group holding, licensee of Shell in Chile, which operates convenience stores in Chile under trademarks UPA and UPITA.
Macquarie Asset Management. Acquisition of Class A buildings in Chile
Guerrero Olivos assisted Macquarie Asset Management in the acquisition of 3 Class A office buildings in Chile from Credit Suisse Asset Management. The buildings are located in one of Santiago’s business districts, Las Condes, and in Providencia, one of the most important commercial hubs in the city.
oEnergy. CIFI financing for the development and construction of a solar portfolio in Chile
Guerrero Olivos represented oEnergy and its affiliates in a USD87 million international financing for the development and construction of a 24 solar projects portfolio in Chile with a 72MW capacity. CIFI acted as lender.
EIG lobal Energy Partners and Fluxys. Acquisition of 80% equity stake in GNLQ
Guerrero Olivos advised EIG Global Energy Partners and Fluxys, on a consortium, to acquire 80% equity stake in GNL Quintero S.A., one of the largest liquefied natural gas regasification terminals in Chile.
Golden Arrow Resources acquired mining concessions from Sumitomo
Guerrero Olivos represented New Golden Explorations Chile SpA, and its holding Golden Arrow Resources Corporation, in the acquisition of a 100% interest in the San Pietro Iron-oxide Copper Gold Project (formerly known as Radiss) in Chile, from Sumitomo Metal Mining Chile Ltda., for USD3.35 million.