Corporate M&A – Chile: Bahamondez, Alvarez & Zegers is ranked as Leading firm, tier 5.
What the team is known for: The corporate practice within this compact firm enters the rankings as a result of increasing recognition for its strong record in M&A transactions spanning a range of industries, in addition to notable expertise in venture capital and corporate governance issues.
Strengths (Quotes mainly from clients)”A small group of pragmatic, experienced specialists able to solve problems rapidly and draw on a vast knowledge of corporate law and the capital risk industry. I would highlight the direct involvement of the partners, their valuable network of contacts, and the precision of the work performed.”
Work highlights: Represented Veta 3 in the acquisition of a majority stake in industrial machinery and equipment lease company Janssen, additionally handling the negotiation of a new shareholders’ agreement and other necessary transactional documents.
Notable practitioners : According to clients, Matías Zegers “stands out for his excellent work in strategic M&A, his commercial approach, and the way he constantly protects our interests. “They add that “he is a distinguished lawyer in Chilean corporate matters and has in-depth understanding of the North American market too.”
Significant clients: Groupon, Cooper Tire & Rubber, Fenner Dunlop, LG Electronics, Aguasin & Termodinámica.
Labour & Employment – Chile: Bahamondez, Alvarez & Zegers is ranked as Leading firm, tier 3.
What the team is known for: Dedicated practice group advising clients on a wide spectrum of employment issues. Regularly acts on labour litigation, compensation schemes, corporate immigration, negotiations and collective bargaining mandates. Often retained as counsel for day-to-day advisory issues.
Strengths (Quotes mainly from clients) “It is a compact but growing practice. The lawyers are very capable and knowledgeable on labour matters”
What’s new? New client wins include Brotec and Grand Vision.
Work highlights: Advised Excon on the implementation of a collective employment agreement executed by Anglo American and the Chilean Confederation of Copper Workers.
Notable practitioners: Head of department Luis Parada earns widespread praise for his dedication in this area. Commentators say: “He is a young, talented and hard-working lawyer with a bright future ahead of him.”
Significant clients Pacific Hydro, Fenner Dunlop, Cooper Tires, Capgemini Business Services Chile, Seven Seas Water Chile.
Bahamondez, Alvarez & Zegers has been ranked as a Top Tier Recommended Firm in the IFLR1000 Financial & Corporate 2017.
Energy & Infrastructure
Bahamondez Alvarez & Zegers focuses on energy and oil and gas and acts for the likes of EDF Energies Nouvelles, Gasoducto GasAndes, TransCanada Pipelines and Solarcentury.
Examples of the firm’s work include advising Aguas Andinas on a turn-key construction agreement with EDAM, advising Gasoducto GasAndes regarding reversing the movement of natural gas from Chile to Argentina, and advising Origin Energy on an energy project bid.
Financial & Corporate
Bahamondez Alvarez & Zegers strengthened its M&A practice during the research period with the hire of Diego Peña from Barros & Errázuriz. Although the identity of many of its clients are confidential, the firm provides corporate advice to household names, and has built a strong corporate governance practice and a focus on venture capital.
One client says: “We note the performance of Matias Zegers who is a recognized lawyer on compliance matters and has a high level of technical expertise on stock corporations and corporate governance.”
Deal highlights include work for Alterra on the acquisition of Hotel Kennedy; work for the shareholders of Clark Ingeniería y Desarrollo in selling the company to PPI (USA); and assisted 46 Degrees Technologies in the negotiation, structuring and closing of a financing round.
IFLR 1000: The Guide to the World´s Leading Financial Law Firms
“I´m very happy with the firm because they have specific lawyers assigned to specific areas, and whoever we need at any given time responds very quickly”, one client says of Bahamondez, Alvarez & Zegers this year. “We have a very close relationship with them”. Strong client relationships along with an envolving banking and finance practice, a formidable M&A team and a definite strenght in venture capital make Bahamondez, Alvarez & Zegers a firm to watch. Partners Felipe Bahamondez and Matías Zegers lead a corporate team that competitors describe as “definitely active” and “gaining more attention from one year to next”. Deals: Bahamondez, Alvarez & Zegers counseled Banco Santander Central Hispano (BSCH), Banco Santander Chile, and seven debtors in the re-booking of $700 million in loans from BSCH to Banco Santander Chile in June of last year. The firm also assisted Roccas Private Equity Fund in its acquisition of PC Factory. The $63 million private equity deal closed in February 2012. Leading Lawyers: Felipe Bahamondez, Matías Zegers.
The Legal 500 Latin America: Chile recommends this firm for:
Corporate and M&A Bahamondez, Alvarez & Zegers Ltda grew its ‘pragmatic and responsive’ corporate practice through the promotion of Marco Salgado to the partnership. The team’s experience comprises M&A, private equity, venture capital, foreign investment and investment fund-related matters. It also has a robust capital markets and finance team. Recent highlights include assisting Clark Ingeniería y Desarrollo’s shareholders with the sale of their shares in the company to PPI (USA). Corporate partner in charge Matías Zegers’ client base includes both Chilean and foreign clients to which he ‘provides high levels of technical expertise’.Labour and Employment Bahamondez, Alvarez & Zegers Ltda has solid experience advising on employer-side collective bargainings; internal discrimination investigations, harassment and mobbing; drafting internal policies; redundancies, hiring procedures and dismissals; the implementation of employees’ compensation schemes; and corporate immigration. The team also handles complex employment disputes such as industrial-accident claims, unfair labour practices, allegations of constitutional rights’ breaches, and wrongful dismissal of senior executives. Luis Parada is recommended. Energy and Natural Resources: Oil and Gas and Electricity Bahamondez, Alvarez & Zegers Ltda stands out for its experience in regulatory, environmental and infrastructure matters. Recent key instructions include acting for French company EDF Energies Nouvelles on both the due diligence and transactional aspects of the acquisition of Project Laberinto, a 140MW solar project to be developed in northern Chile; the advice included regulatory, corporate and labour law issues. Felipe Bahamondez has extensive experience in energy, natural gas, LNG and regulatory matters, and counsel Blanca Palumbo is an electricity specialist.
“Best Lawyers” Chile 2017
Best Lawyers® published the 7th edition of their ranking “Best Lawyers Chile 2017”, and highlighted Bahamondez, Alvarez & Zegers among Chilean Law Firms and recognized them with a Top Listed Award.
From Bahamondez, Álvarez & Zegers were highlighted partner Felipe Bahamondez in Natural Resources Law and Corporate and M&A Law; partner Matías Zegers in Corporate and M&A Law, Corporate Governance & Compliance Practice and Venture Capital Law; and associate Josefina Consiglio in Corporate Governance & Compliance Practice and Energy Law.
Energy and Infrastructure: Latin America 2013 “A guide to the industry´s leading law firms and lawyers”
“Bahamondez, Alvarez & Zegers is working on the due dilligence of four solar projects in North Chile and is advising Seven Seas Water Corporation on a project to build a desalination plant in Northern Chile. The fimr is also assisting Gasoducto Gasandes with a $12 million bid procedure for equpment acquisition. The firm has acted as an external counsel to Pacific Hydro with the sale of non- strategic assets and TransCanada in regard to its investments in gas pipelines infrastructure in Southern Chile.” Leading Lawyer: Felipe Bahamondez in “Energy and Natural Resources”, “Infrastructure” and “Power”.