Carey

Law No. 20,956: “Law to Boost Productivity”
Carey, November 2016

On October 26th, 2016, Law No. 20,950, otherwise known as the “Law to Boost Productivity” (the “Law”), was published in the Official Gazette, introducing various modifications to different laws and regulations in order to enhance the country’s productivity through the expansion of the financial system and the promotion of the exportation of services. Main measures for the expansion of the financial system: Several legal provisions of Law Decree No...

Supreme Court Confirms That There is Freedom to Determine Interest Rate in Money Lending Operations Agreed and Payable in Foreign Currency
Carey, September 2016

Origin of the case On March 13, 2014, Banco International filed a collection lawsuit (demanda ejecutiva) against Agrícola Santa Fe Limitada, for the non-payment of a loan in dollars, payable in said currency and documented in a promissory note...

Debate about the creation of a State run Infrastructure Fund starts in Chilean Congress
Carey, June 2016

On June 8, discussion started in the Public Works Commission of the Senate over the law project which creates the state company, “Fondo de Infraestructura S.A.”. The Project shall be approved by a special quorum (quórum calificado) as indicated in article 19 No. 21 of the Political Constitution of the Republic of Chile...

Additional Articles

• Co-author of the article «Mind the Gap: Basel III and its Implementation in Chile», Butterworths Journal of International Banking and Financial Law (2016).
• Author of «Developments in the Financial Markets», IFLR (2010).
• Author of «Public Offering of Securities», Diario Estrategia, Chile (2003).
• Author of «Development of Corporate Governance in Chile: Public or Private Role?», Diario Estrategia, Chile (2003).
• Author of «Ethics, a Sound Business», Interview, Revista Capital, Chile (2002).
• Author of «Discussion about the Derivative Action in Chile», Latin Lawyer Online (2001).