Ried Fabres

Partners: Cristián Fabres, José Miguel Ried, Ricardo Abogabir and Jaime Hirschberg
Number of partners: 4
Number of other lawyers: 11
Languages: Spanish, English, French

Firm Overview:
Ried Fabres was founded in 2016 to provide legal services of excellence in a range of practice areas, including capital markets, financing, banking, investment funds, wealth management, securitisation, derivatives, general corporate law, mergers and acquisitions, corporate governance and compliance. The firm is a market leader in the area of capital markets and financial services, recognised for its ability to design quality, creative and innovative legal solutions that meet the diverse and complex needs of its domestic and international clients. The team of Ried Fabres is composed exclusively of attorneys with distinguished academic and professional track records in financial and corporate law, who perform their duties pursuant to the principles of excellence and personalised attention that characterises the firm.

Main Areas of Practice:

Capital Markets:
The partners and associates of the firm represent clients in debt and equity issuances, and placement agents involved in securities distribution. Attorneys and partners have played a prominent role in transactions, including complex issuances of debt securities, stock and asset backed securities. Ried Fabres also regularly advises major players in local and foreign financial markets, assisting them with their regulatory needs, administrative proceedings with capital markets regulators and legal defence in stock exchange, derivatives and capital market litigation.

Banking & Finance:
The firm regularly advises clients on matters of banking law and financing transactions. Ried Fabres is a regular counsel to several local and foreign banks on banking law and regulations, and have taken part in complex financing deals.

IPOs & Tender Offers:

Partners and associates have vast experience advising clients on stock placements and issuances (IPOs), tender offers (OPAs); and structuring these deals, from both a regulatory and contractual perspective.

Investment Funds:
The firm has broad experience in the organisation of mutual and investment funds. Ried Fabres regularly advises local and foreign fund management companies and private investment fund managers on regulatory, contract and legal matters, including obtaining approval from the Risk Rating Commission and registering funds with the Chilean Commission for the Financial Market. The firm has organised alternative assets, real estate, energy, securitised and venture capital investment funds.

Bonds & Securitisation:
Ried Fabres’ partners are leading providers of complex legal counsel for bond and securitisation deals. Experience in securitisation matters includes placements of over 40 securitised debt securities. On the local bond market, the firm’s attorneys have been in charge of the legal aspects of several bond issuances and placements from private companies, public entities, and banks, and have participated in the issuance of numerous bonds on international markets.

Derivatives & Other Financial Contracts:
Ried Fabres’ attorneys have vast experience negotiating and structuring local and foreign derivatives contracts and securities repurchase agreements. Similarly, the firm has in-depth knowledge of recent regulation applicable to derivatives and repurchase agreements, both local and foreign, specifically regarding bankruptcy law, netting and the implications of the Dodd Frank Act and the European Market Infrastructure Regulation. The firm’s attorneys are recognised as experts in derivatives negotiations, specifically regarding ISDA agreements, global master repurchase agreements (GMRA) and contracts for derivatives on the local market.

Corporate & M&A:
Ried Fabres' partners and associates have deep experience assisting companies on corporate matters. In addition to in-depth knowledge of laws and business practice in Chile, partners also have vast practical experience and an international reputation for advising on transactions of this nature, including local and crossborder mergers, takeovers and acquisitions of regulated companies.

Corporate Governance:
Ried Fabres’ attorneys have worked actively with the boards of publicly traded and regulated corporations to establish standards on conflicts of interest, corporate governance best practices and adaptation of company policies to corporate governance regulations. They have also provided specific counsel regarding related party transactions, the determination of control and compliance with reporting requirements.

Compliance & Prevention of Money Laundering:
Partners and associates have extensive experience with compliance and regulatory aspects applicable to both financial sector entities and unregulated, private-sector entities. Ried Fabres’ attorneys have been involved in creating, reviewing and implementing compliance procedures and policies regarding criminal liability for legal entities and prevention of money laundering, terrorism financing and bribery.

Real Estate & Hospitality:
The partners at Ried Fabres have a broad experience in advising clients in the real estate and hospitality sectors. The firm has advised local and foreign companies in the acquisition and sale of hotels and resorts, both in America and Europe. It has also advised clients in the negotiation of contracts with the major operators in the hotel industry.

Bankruptcy:
The firm and lawyers have broad experience in bankruptcy and reorganisation procedures. It has advised several clients in the most relevant insolvency procedures initiated due to the Covid-19 pandemic.

Clients:
Ried Fabres's clients range from different industrial sectors. Some of the clients from the financial sector are BlackRock, Deutsche Bank, Bloomberg, BTG Pactual, Morgan Stanley, Banco de Crédito e Inversiones and affiliates, Venturance, Banco Itaú and affiliates, Banco Bice and affiliates, Banco Santander and affiliates, Fintual, Falcom, Larrain Vial, Ameris Capital, Empresa de Transporte de Pasajeros Metro S.A., Taurus Administradora General de Fondos, MBI Administradora General de Fondos, Kotak Funds, Macquarie Funds, Coopeuch, Zurich Group, Tanner Group and Consorcio Group.