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GAR 100 - 5th Edition

Claro y Cía

05 March 2012

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.

Who’s Who name:
Felipe Ossa

But even before that – as the Latin Lawyer 250 notes – Claro y Cía had established itself as one of the most prestigious local firms (as well as being the oldest). In addition to its banking and finance and M&A work, it is recognised in particular for its disputes practice. When the local arbitration body, CAM Santiago (the Centre of Arbitration and Mediation at the Santiago Chamber of Commerce), unveiled a new roster of arbitrators, five Claro y Cía lawyers were on the list – the most from any one local law firm.

AES Gener and Siemens have been clients, along with US copper producer Freeport – for whom the firm won a favourable award in a large construction arbitration at CAM Santiago.

The firm is also behind some of the 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.

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