• 20 November, 2023

    Application of maximum conventional interest rate for foreign currency transactions: new Supreme Court criterion

    November 20, 2023 | By Mauricio Halpern and Natalia Cox On September 25, 2023, the Supreme Court made a decision to accept the appeal on the merits, which revoked the judgment of January 2019 that was published by the 25th Civil Court of Santiago. The court had earlier rejected the claim made by Sociedad Agrícola Austral Berries Limitada against Banco Santander-Chile […]

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  • 22 August, 2023

    Legal Alert: Six Important Standards for the Implementation of the Digital Transformation Act

    August 22, 2023 | By Diego Peña, Carla Illanes and Felipe Massardo On August 17, 2023, six technical standards corresponding to the Act of Digital Transformation of the State (LTDE), established by Supreme Decree No. 4 (2020), issued by the Ministry General Secretariat of the Presidency (MINSEGPRES), were published in the Official Gazette.   The technical standards were created by Interinstitutional […]

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  • 16 August, 2023

    Legal Alert: New Mining Royalty Act

    August 16, 2023 | By Amory Heine, Diego Peña, Francisco Argüello, Jerónimo Zabala, and Agustín Buzeta On August 10, Act 21.591 on Mining Royalty was published in the Official Gazette. The Act establishes the creation of a new Mining Royalty in Chile, which replaces the current Specific Tax on Mining. The Act has several key aspects, including: 1. The creation […]

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  • 11 July, 2023

    Legal Alert: Chilean Competition Court resolves consultation initiated by Socofar

    July 11, 2023 | By Marco Salgado, Sofía O’Ryan, Juan Cristóbal Ríos  On July 7, the Chilean Competition Court (“TDLC”) published its resolution regarding a consultation carried out by Socofar S.A. on the differential treatment granted by pharmaceutical laboratories to their public and private clients, and its possible conflict with fair competition rules, filed two years ago. The TDLC’s resolution […]

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  • 23 June, 2023

    Legal Alert: US Senate Approves Tax Treaty with Chile

    June 23, 2023 | By Amory Heine, Francisco Argüello, Agustín Buzeta, and Matthew Appel On June 22, 2023, the United States Senate approved the Convention for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion With Respect to Taxes on Income and Capital (“DTA”) between Chile and the United States (“U.S.“). When this DTA comes into force, there […]

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  • 15 June, 2023

    Legal Alert: Chile takes first steps towards regulation of Artificial Intelligence

    June 16, 2023 | By Matías Zegers, Jorge Timmermann, and Carla Illanes  The Chilean parliament has begun to discuss a Bill aimed at incorporating legal and ethical issues into the creation, distribution, commercialization, and use of artificial intelligence (AI). It also attempts to ensure a balance that guarantees the protection of citizens’ fundamental rights without unduly hindering or preventing development of and […]

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  • 30 May, 2023

    Legal Alert: Important amendments to the Act on criminal liability of legal entities

    May 30, 2023 | By Mauricio Halpern, Andrea de la Vega, and Cristóbal de la Maza  On May 15, Congress passed a Bill that formalizes economic crimes and environmental offenses and adjusts the penalties applicable. Of particular interest among the laws modified by the Bill is Act 20.393, which establishes the criminal liability of legal entities, and undergoes four major changes: […]

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  • 17 May, 2023

    Legal Alert: Chile’s Bill on personal data protection: what comes ahead?

    May 18, 2023 | By Matías Zegers, Carla Illanes, Juan Cristóbal Ríos, and José Tomás Musalem Last Monday, May 8, the Personal Data Protection Bill (“the Bill”) concluded its discussion in the Chamber of Deputies and was submitted back to the Senate, where it was originally filed. Considering the prompt processing of the Bill over the past few months, it […]

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  • 26 April, 2023

    Legal Alert: Publication of the Act that reduces the workweek to 40 hours

    April 26th, 2023 | By Luis Parada and Iñaki Irisarri On April 26th, 2023, Act No. 21,561 was published in the Official Gazette, which progressively reduces the workweek to 40 hours, among other important changes.   With the publication of the Act, the reduction of the workweek will take place on the following dates: Progressive Reduction of the Workweek Period […]

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  • 24 April, 2023

    Legal Alert: New National Lithium Strategy in Chile

    April, 24 | By Diego Peña and Camila Fajardo    Even though there are only two companies extracting lithium in only one out of the almost 60 existing salt flats in the country, Chile is the world’s second-largest lithium producer after Australia. As Chile holds approximately 42% of the global proven reserves of this metal, knowing the actual Chilean Government’s strategy […]

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  • 13 April, 2023

    Legal Alert: Project that reduces the working week to 40 hours in Chile

    April 13, 2023 | By Luis Parada and Iñaki Irisarri   On April 11, 2023, the Chilean Congress approved the bill which reduces the working week to 40 hours, among other changes that affect the working hours in Chile.   The promulgation of the bill by the President of the Republic and its publication in the Official Gazette is still pending. […]

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  • 10 April, 2023

    Legal Alert: New Environmental Assessment Criteria: Integrated Description of Green Hydrogen Projects

    April 12, 2023 | By Diego Peña, Camila Fajardo, Pablo González, and Trinidad Zegers  On March 29, 2023, the Environmental Assessment Service (“SEA“) published the technical document on Green Hydrogen called “Evaluation criteria in the SEIA: Integrated description of projects for the generation of Green Hydrogen in the SEIA” (“Green Hydrogen Criteria“), which unifies the technical requirements and the criteria […]

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