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GAR 100 - 4th Edition

Claro y Cía

18 February 2011

This Chilean firm came to the attention of the GAR 100 team through Felipe Ossa, who joined in 2006 after a four-year spell with the international arbitration practice at Freshfields Bruckhaus Deringer.

People in Who’s Who:
1
Pending cases as counsel:
5
Value of pending counsel work:
US$235 million
Treaty cases:
0
Current arbitrator appointments:
1 (of which 1 is as sole or chair)
No. of lawyers sitting as arbitrator:
1

As Latin Lawyer 250 notes, however, Claro y Cía’ has long enjoyed “unquestionable prestige” in disputes work – in addition to fields such as banking and finance, and M&A. When one of the local arbitration bodies, CAM Santiago (the Centre of Arbitration and Mediation at the Santiago Chamber of Commerce), unveiled a new roster of arbitrators not long ago, five Claro y Cía lawyers were on the list – the most from any one local law firm.

The disputes practice has expanded on a regular basis in the last year, with two new associates focusing on arbitration

AES Gener and Siemens are former clients, as is US copper producer Freeport from whom the firm won a favourable award in a large construction arbitration at CAM Santiago.

Claro y Cía has also had a hand in several milestone court decisions on arbitration in Chile. Those include persuading a Chilean court to award interim measures under the country’s international arbitration act for the first time. In 2007 Ossa and another partner handled a case that led to Chile’s first court ruling upholding the principle of competence-competence.

Insight

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