Senior Partners: Guillermo Morales, Eugenio Besa
Managing Partner: José Miguel Carvajal
Number of partners: 12
Number of lawyers: 67
Morales & Besa was established in 1992 by a group of leading professionals in the fields of corporate, finance and tax law and has been at the forefront of the legal profession in Chile ever since, notably in cross-border transactions. It offers in-depth expertise in complex legal matters, unrivalled execution capabilities and adheres to the highest professional standards. Morales & Besa is a full-service law firm with particular strengths in the areas of mergers and acquisitions, banking and finance, capital markets, litigation and taxation. The firm has more than 70 lawyers, making it one of the largest in Santiago and has a range of clients: acting for both major Chilean corporations as well as renowned multinationals and financial institutions. The firm does not participate in formal alliances or networks, preferring to maintain selective relationships with premier firms worldwide on the basis of who offers the best expertise and resources for each individual international transaction.
Main Areas of Practice:
Banking & Finance:
The firm acts for almost all Chile’s national banks as well as some of the top tier leading international players. It advises in all areas of investment banking and finance; including corporate finance, leveraged buyouts, structured finance, project finance, derivatives, distressed debt and restructuring, commercial lending and syndicated loans.
The firm is recognised as being among the leading mergers and acquisitions legal advisors in Chile. It regularly advises international and domestic buyers and sellers in acquisitions and takeover processes, acting on emblematic and complex deals. Morales & Besa is a leading advisor on tender offers in Chile and it has represented international buyers and the government of Chile in major privatisations of Chilean state-owned assets and enterprises.
The firm advises on debt and equity securities offerings (including offerings made by the Republic of Chile), securitisation and domestic and international listings of companies. The firm has particular expertise in the areas of asset management and venture capital law.
Morales & Besa has extensive experience in devising and implementing creative tax solutions to address the particular needs of complex business structures, especially in the context of foreign direc investment and cross-border financings.
The firm advises on all kinds of intellectual property issues, infringement disputes and all other aspects of IP law. The firm is actively involved in the structuring and negotiation of licensing agreement and technology transfer agreements.
Litigation, Arbitration & ADR:
The firm’s group of highly skilled litigation practitioners represents the firm’s clients in a variety of civil, commercial, tax, and antitrust. The group has experience and is familiar with domestic and international arbitration proceedings and the enforcement of foreign awards in Chile. In the area of alternative dispute resolution its attorneys are active, particularly in large infrastructure projects and engineering contracts.
The firm has developed a strong employment law practice, leading collective bargaining processes, advising international corporations on issues concerning their Chilean employees and defending the interests of their clients before the employment courts.
The firm’s real estate practice group has advised on major projects such as the construction of the tallest building in South America and has extensive experience advising real estate investment companies.
Chile actively enforces its antitrust laws and the firm’s lawyers undertake antitrust, competition and marketing-related cases involving companies in the Chilean market.
Energy, Public Utilities & Infrastructure:
Morales & Besa plays an active role in the development and deregulation of the Chilean energy, utilities and infrastructure sectors. It also advises on power generation, transmission and distribution, fuel transportation and distribution, water and sewage and public works regulations. It has advised multinational companies that have made significant investments in power plants, gas pipelines, transmission lines and privatised toll roads in Chile.
The firm has a multidisciplinary team specialised in highly complex litigation for white collar, tax crime, cybercrime, anticorruption, criminal antitrust, antimony laundering and breaches of industrial and intellectual property regulation. The team has successfully represented domestic and international clients achieving criminal landmark judgements before the Chilean Courts of Justice.
Regulation & Environment:
Morales & Besa has a comprehensive experience in environmental and regulatory matters related to all types of investment projects. This knowledge is applied to several areas such as legal due diligence, Environmental Impacts Assessment System, environmental sanctioning proceedings, sectorial permits and-generally-to all matters concerning relevant government agencies. This practice also allows to enrich other areas of the firm and achieve a complete legal advice.
The firm acts for leading international financial and investment bank companies including Bank of America Merrill Lynch, BNP Paribas, Goldman Sachs, Morgan Stanley, UBS, SMBC, The Bank of China, Banco Santander, Itaú, and BBVA – to name but a few. It also advises leading multinational companies including Ironmountain, Koch Industries, Essilor, Kuraray, EIG Global Partners, Meridiam Infrastructure, Ferrovial, etc. All of the firm’s lawyers speak fluent English; many of them have undertaken secondments or postgraduate studies in the United States, Europe, United Kingdom or Australia.
English, French, German, Italian, Portuguese, Spanish.