The Association of Chile’s Exporters, also known as Asoex, and ProChile (Export Promotion Bureau of the Chilean Government) along with the legal counsel of Alessandri & Compañía, officially launched their Chilean Fruit industry Sectorial Trademarks; being the star trademark – Fruits from Chile. Continue reading ‘Chilean Fruit industry launches Sectorial Trademark With the counseling of Alessandri’
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Felipe Cousiño, partner in Alessandri & Compañía, has been ranked once again, as the only chilean lawyer at Who´s Who of Private Funds Lawyers 2012. “Their research has revealed 343 experts in 40 juridictions who can truly be considered leaders in the field”, as the publication said.
Felipe Cousiño is Master of Laws (with Merit) at The London School of Economics and Political Science, University of London, 1996, and was awarded a Chevening Scholarship. Mr. Cousiño is the head of our Investment Fund and Pension Fund practice and his leadership was instrumental in creating the regulatory framework for the first registration of non-Chilean mutual funds for sale to the public in Chile. His constant contribution and participation in this area of work was instrumental to his appointment as Co-Chair of the Investment Funds Committee of the International Bar Association (for the period 2011- 2012).
Attorney Gabriela Morales joins the litigation group:
Alessandri & Compañía recruits prestigious litigation lawyer expert in free competition
Today, when free competition revives as a fundamental pillar for free markets in our economy, attorney Gabriela Morales, a Universidad de Chile Law School graduate, comes to strengthen the Alessandri & Compañía litigation group.
With Diplomas in Competition Economics (Universidad de Los Andes, 2007) and Criminal Procedure Reform (Instituto de Estudios Judiciales, 2005), she has specialized in litigation involving civil issues, arbitrations, regulatory matters, free competition and unfair competition. Before joining Alessandri & Compañía, she worked 9 years with Gabriel Zaliasnik in litigation and free competition cases and subsequently associated with attorney Isabel Díaz.
Gabriela has been distinguished by Chambers & Partners in the litigation, free competition in telecommunications, media, and technology areas. She has a vast and successful experience in regulatory matters, particularly in the water utilities and telecommunications industries. She has counseled and represented a great number of laboratories and radio broadcasting and telecommunications companies.
All the experience and high standard legal services provided by Alessandri & Compañía attorneys for almost 120 years, supported by an advanced technology and permanent managerial innovation, have contributed to the structuring of a robust litigation team with great achievements in civil, commercial, and administrative lawsuits, in addition to trademark, patent, and unfair competition proceedings, consolidating an indispensable support group for individuals and companies seeking comprehensive legal counsel.
This article is reproduced from a Newsletter Investment Funds Update from Mason, Hayes & Curran. View the full web version here.
The Chilean pension regulator, the Comisión Clasificadora de Riesgo (“CCR”), recently reclassified Irish domiciled UCITS into its “Restrictive Investment Category” rather than the “General Investment Category” where they were previously included. Continue reading ‘Irish UCITS Remain Eligible for Chilean Pension Investments’
Rodrigo Velasco Alessandri, partner at Alessandri & Compañía and member of the Consejo Consultivo of Fundación Pro Bono (the Chilean pro bono clearinghouse) participated in the launch of the International Pro Bono Network in Washington D.C. last Friday, October the 21st.
The meeting presented the objectives of the Network and discussed how the private and public bars in the U.S. can participate in its work.
• The application was filed in representation of Asociación Gremial Vinos de Chile A.G.
• This distinctive sign granted by INAPI assures consumers that the products and services being offered possess special characteristics, which are certified by the mark titleholder.
Santiago, September 6, 2011. Alessandri & Compañía Abogados, in representation of Asociación Gremial Vinos de Chile A.G. (Wines of Chile Trade Association), filed at the Instituto Nacional de Propiedad Industrial (National Institute of Industrial Property, INAPI), the first application to register a certification mark in Chile.
Maximiliano Santa Cruz, director of Inapi and Rodrigo Velasco A., partner Alessandri & Compañía.
It refers to the CERTIFIED SUSTAINABLE WINE OF CHILE mark and its characteristic logo, to certify the Chilean wines produced at fields and vineyards whose processes meet sustainability standards in the environmental and labor relations areas. Upon its registration, the certification mark presented by Vinos de Chile will be publicly used by all vineyards whose procedures have been certified following the sustainability standards predefined in the Use and Control Regulations filed with the certification mark application and in the Certification Program available at www.sustentavid.org, sponsored by the Association jointly with the Tecnovid and Vinnova consortia.
The INAPI National Director, Maximiliano Santa Cruz, declared that “this first application deserves to be recognized as the first step and a concrete invitation for our national producers to start using this tool. This kind of marks guarantees consumers that the products and services being offered have special features, which are certified by the mark titleholder”.
According to Rodrigo Velasco A., attorney and partner at Alessandri & Compañía, the law firm that counsels and represents Asociación Vinos de Chile in these matters, “there is a worldwide tendency to introduce this special trademark category, given the need for mechanisms to guarantee the quality of products and services in a highly globalized market. Particularly, in the wine market, consumers all over the world are increasingly sophisticated and reward sustainably manufactured products with their preference”.
The mark and its characteristic logo will certify that the Chilean wines are produced at fields and vineyards whose processes meet sustainability standards in the environmental and labor relations areas
The Ministry of Economics, through INAPI, is working on a series of initiatives seeking to stimulate the use of these distinctive signs (collective marks, certification marks, denominations of origin, and geographic indications) covered by the Industrial Property Law, “fully aware of their importance in obtaining improved positioning levels in the local and international markets, increase productive efficiency ratings among small and large producers and, of course, keeping final consumers in mind, who buy products with higher quality and safety standards”, Santa Cruz concluded.
The Asociación Gremial de Vinos de Chile was incorporated in 2007 with the purpose of bringing together the trade association efforts in the wine producing industry, previously represented by the Viñas de Chile A.G. and ChileVid A.G. trade associations. Today, the Asociación Gremial de Vinos de Chile has more than one hundred associated vineyards across the country.
Miguel Massone and Felipe Cousiño, Alessandri & Compañía Attorneys at Law
December, 2010.
The Chilean capital markets have shown sustained growth in size, depth and liquidity over the last three decades. After notable structural changes to the Chilean economic system, such as the liberalization of the interest rate in mid 1970s and the reform to the pensions system in early 1980s, Chile embarked in continuing legal and administrative reforms to improve its capital markets since early 1990s. Today, the Chilean capital markets are one of the largest (relative to the size of its economy) among emerging market economies.
Continue reading ‘Developments and Trends in the Chilean Capital Markets’
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Bankruptcy Risk
“There is a risk of bankruptcy,” said Raul Montero, a partner at law firm Alessandri & Cia in an e-mailed response to questions.
Chilean law allows a company to continue operating and be sold as a whole within two years of declaring bankruptcy, Montero said.
La Polar declared bankruptcy in 1999 before the retailer was acquired by private equity firmSouthern Cross Group. Southern Cross listed the company’s shares in 2003 and sold its remaining stake in 2006. Today La Polar has no clear controlling shareholder as all of its shares trade freely.
Chilean pension funds, known as AFPs, requested a freeze of La Polar’s expansion plans, an end to executive stock options and clarification on what the money will be used for as conditions to approving the share sale, financial daily Diario Financiero reported yesterday, citing people familiar with the negotiations that it did not identify.
Felipe Cousiño, partner at Alessandri & Compañía, was retained by the Irish Funds Industry Association (IFIA) in the successful efforts to have the Chilean regulator, CCR, adequately apply a special exemption in its rules relating to minimum sovereign rating of the domicile of the funds and of the regulator, in order to maintain approval of Irish domiciled funds as eligible vehicles for Chilean pension funds and insurance company investments, notwithstanding Ireland’s sovereign rating downgrading. The approval was maintained considering the supranational nature of the UCITS regulations applicable to Irish domiciled funds. (April 1st,, 2011).
