Prieto counsels domestic and international companies on public and administrative law aspects involved, whether during due diligence processes or at litigation phases. Especially in matters concerning public procurement; public works and infrastructure concessions; public-private associations; public financing; urbanism; and in general regulated markets.
Prieto is highly regarded in this area, having participated in numerous investigations conducted by the FNE and cases before the TDLC, regarding concentration, vertical and horizontal integration, cartels and unfair competition in industries such as retail, shipping, milk processing, telecommunication, ports industry, energy, insurance, financial services, forestry, food stuffs, aeronautical, industrial, health, technology and internet, among others. Additionally, Prieto has developed various antitrust compliance programmes and pre-emptive advice to clients.
Banking, Finance & Capital Markets:
Prieto has developed a broad experience in these areas recognised for its strong team of lawyers involved in securities’ offerings, IPOs and project finance transactions involving high profile energy and infrastructure projects and financial and capital markets transactions, usually representing both local investment banks (acting as placement agents) and issuers in several equity/ debt offerings locally and abroad. Prieto has developed a strong practice in the formation and management of investment funds and private equity funds.
Corporate & Securities:
Much of the firm’s work consists of corporate finance, corporate governance, takeover bids, joint ventures, reorganisations, partnerships, among others. Prieto has a longstanding team, including partners that previously served in high positions in the Chilean SEC.
Energy & Natural Resources:
Prieto counsels national and international players involved in the energy generation and transmission sectors, having a strong experience in advising developers and owners in traditional fossil-fuel energy projects and also in renewable energy projects, such as hydro, mini hydro, wind farms and photovoltaic plants. the firm’s involvement in this area is ranged, varying from financing, development, implementation and related disputes in connection with said kinds of projects. It also serves as regular counsel to one of the biggest energy groups in the world which controls and operates the main energy generators of the North Interconnected Grid in Chile.
The mining department provides advice all the way from exploration through to commercial production of minerals. Prieto has participated in relevant transactions in this area and provides services to local and international junior, mid tier and senior companies, covering all their needs as required by the different stages of development.
The environmental department has evidenced the relevance of permit validity and integrity regarding the acquisition of a company, in the context of transactions that involve productive entities. An accurate diagnosis has allowed its clients to adequately negotiate the price of a sellable business unit or complex. Additionally, the design and implementation of defense strategies as a result of permit granting or facilities inspections are a mainstream service, reaching high delivery standards within the market. Finally, providing our clients with sound legal advice in a long term basis, in relation to both projects or operations, has been a well regarded product.
Insolvency, Bankruptcy & Business Reorganisation:
Prieto is one of the full-service Chilean firms that have an active participation in bankruptcy procedures, representing debtors and creditors in the most relevant insolvency procedures in the country. Business reorganisations and debt restructurings have traditionally been a matter in which Prieto has had permanent longstanding.
Insurance & Pension Funds:
The insurance department has a solid base of local and international insurance companies and brokers, with an experienced group of specialists that include a former head of the insurance department at the Chilean regulator. Prieto has protracted experience in insurance claims and litigation insurance matters. The firm also represents private pension funds and health care providers.
This department advises clients in establishing incentive programs for executives and employees, in collective bargaining procedures and in the restructuring of companies. The labour team represents an increasing number of companies in labour planning, in collective bargaining and in litigation as well. It has a solid experience in labour training, focusing in management and human resources areas.
Litigation & Arbitration:
Prieto regularly represents clients on relevant disputes related to energy, construction, real estate, retail, insurance, securities and transportation, before both ordinary courts and international and domestic arbitrators. Its lawyers have also represented clients before the Chilean antitrust tribunal and administrative entities. In addition, its partners act as arbitrators in various proceedings relating to investment, construction and energy.
Prieto has a seasoned team with an extended experience in multinational, cross-border and domestic M&A transactions and due diligence work, representing buyers, sellers and investment banks, in all type of industries, such as energy and natural resources, oil and gas, telecommunication, finance, retail, shipping, transportation, pension funds, forestry, food industry, department stores and supermarket chains, infrastructure, information technology, pharmacies, among others.
Prieto has extensive experience in gas, power, water, and telecommunication services. It has advised in matters related to the construction and financing of gas works, including cross-border pipelines and GTAs. Prieto has represented some blue chip companies in the country in the power generations, transmission and distribution areas. The firm has participated in the acquisition and financing of combined-cycle power plants and in the privatisation and acquisition of the main water utilities in the country.
Real Estate, Construction & Infrastructure:
Prieto provides a comprehensive advice on legal matters in the real estate area, from due diligence, financing, purchases, leases and mortgages to planning, development and construction of housing and commercial projects. Legal advice also includes real estate trusts, local permits, and all type of regulatory, tax and environmental issues.
The tax department at Prieto advises clients in respect of all tax issues, particularly in the structuring of diverse and complex transactions. The team advises local and foreign companies, business groups and individuals in their tax planning. Also the team has broad experience in tax and custom litigation whether at the administrative level as well as before Chilean tribunals an courts.