EXPERIENCE
José Luis has a great deal of experience in arbitration and dispute resolution and in complex and innovative deals and transactions in civil and commercial areas.
He practiced as an attorney with Banco JP Morgan in Chile from 1981 to 1986. He then joined the firm Carey & Cía in 1986.
He founded his own firm in 1993 entitled Honorato, Russi y Eguiguren Ltda., and then left it in 2013 to create Honorato & Cía., which is now HD Legal, where he currently practices.
He is on the roster of arbitrators with the Santiago Chamber of Commerce Center for Arbitration and Mediation.
EDUCATION
Attorney, Universidad de Chile (1982).
Graduate studies at the Academy of American and International Law, International and Comparative Law Center of the Southwestern Legal Foundation, Dallas, Texas, USA (1991).
RECOGNITIONS
THE LEGAL 500
- Dispute Resolution: Arbitration y Litigation (2025).
- Dispute Resolution, Banking and Finance, Corporate and M & A (Including Compliance), Project and Infrastructure (2018).
- Banking and Finance, Corporate and M & A (2021).
IFLR 1000
- Banking and Finance (2020, 2021, 2022, 2023,2024).
BEST LAWYERS
- Corporate Governance and Compliance Practice and Corporate and M & A (2018).
- “Lawyer of the year”, Corporate Governance and Compliance Practice (2020).
- Banking and Finance, Corporate and M & A, Corporate Governance and Compliance Practice (2020, 2021, 2022, 2023).
- Banking and Finance Law, Corporate and Mergers and Acquisitions Law, Corporate Governance and Compliance Practice (2025).
LEADERS LEAGUE
- M & A (2021, 2022, 2023, 2025).
- Compliance (2021, 2022).
- Dispute resolution – Civil and commercial litigation (2024,2025).
- Arbitration (2024, 2025).
EXPERIENCE
Gonzalo has vast experience in complex and innovative domestic and international corporate, financial and commercial transactions and in the development of projects related to energy, mining, public concessions and natural resources.
Between 2012 and 2014 he served as Of Counsel at Aninat Schwencke y Cía. Prior to that, he was a partner at Guerrero Olivos (2000-2012).
Gonzalo also worked as Corporate Area Counsel for The Chase Manhattan Bank in Santiago, Chile, and was an associate at Ossandón, Uribe y Hübner.
He is a member of the Best Practice Committee of the Santiago Stock Exchange and Chilean Electronic Exchange.
EDUCATION
Attorney, Pontificia Universidad Católica de Chile (1990).
Graduate studies at the Academy of American and International Law, International and Comparative Law Center of the Southwestern Legal Foundation, Dallas, Texas, USA (1993).
RECOGNITIONS
CHAMBERS AND PARTNERS
- Capital Markets (2019, 2020, 2021).
- Corporate and M&A (2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026).
THE LEGAL 500
- Dispute Resolution, Banking and Finance, Corporate and M&A (Including Compliance), Project and Infrastructure (2018).
- Corporate and M & A (2020, 2021, 2025, 2026: Hall of Fame).
- Leading Individual in Corporate and M&A (2022, 2023,2024,2025).
IFLR 1000
- Capital Markets, Project Development, Energy, Social Infrastructure (2020, 2021, 2022, 2023,2024).
BEST LAWYERS
- Corporate and M&A Law, Derivatives, Energy Law, Natural Resources Law, Project Finance and Development Practice and Venture Capital Law (2018, 2019).
- Corporate and M&A Law, Derivates, Energy Law, Natural Resources Law, Private Equity Law, Project Finance and Development Practice, Structured Finance Law, Venture Capital Law (2020, 2021, 2022, 2023, 2024).
LACCA
- Banking & finance in Chile (2019).
- Banking & finance, Energy in Chile (2021).
LEADERS LEAGUE
- Banking & Finance, Startups & Venture Capital, Corporate and M&A (2020). Strong Expertise and Recommended Lawyer.
- Corporate and M&A (2021, 2022, 2023, 2024, 2025).
EXPERIENCE
Sebastián is HD’s managing partner and founder, leading the area of capital markets and asset management, insurance and venture capital. He has a vast experience on corporate and financial matters, with special emphasis on the administration or asset management and collective investment vehicle (funds), structuring of financial products and derivatives, investment advisory, M&A, debt and/or equity issuances, IPOs, securities brokerage, as well as in advising and defending entities under supervision of the financial regulator.
Previously, joining HD, he worked as chief lawyer at Banchile Inversiones and subsequently he was a lawyer in various and recognized law firms in the country.
Since 2018 he has been accredited by the Committee for the Accreditation of Knowledge in the Securities Markets (CAMV).
He is a member of the Legal Committee of the Chilean Association of Investment Fund Administrators.
In his academic career, he has been a professor of the Master in Tax Law on capital market taxation at Universidad Diego Portales and also a professor in the Diploma on Certification of Investment Funds at Universidad Adolfo Ibáñez. Currently, he is a professor in the Internal Investigations course on violations to the Securities Market Law of the Diploma in Corporate Internal Investigations at Universidad Adolfo Ibáñez.
EDUCATION
Lawyer, Universidad de los Andes (2004).
Master in Tax Management and Direction, Universidad Adolfo Ibáñez (2008).
RECOGNITIONS
CHAMBERS AND PARTNERS
- Capital Markets (2019 a 2026).
LEGAL 500
- Leading Partner in Capital Markets (2020 a 2026).
IFLR 1000
- Capital Markets, Banking and Finance (2020).
- Capital Markets: Debt (2021,2022,2023,2024).
BEST LAWYERS
- Banking and Finance Law, Capital Markets Law, Venture Capital Law (2020 a 2025).
LACCA
- Capital Markets in Chile (2019). Approved Capital Markets private practitioners in Chile. Sebastián Delpiano: Thought Leader.
- Capital Markets in Chile (2021).
LEADERS LEAGUE
- Recommended in M & A y Startups & Venture Capital (2021 a 2024).
Recommended in Private Equity – Startups & Innovation (2021 a 2025).
EXPERIENCE
Juan Ignacio has specialized in real estate, engineering and construction and project financing. He has participated in numerous residential, commercial and office real estate projects and on the negotiation and development of various construction projects in such diverse areas as hydroelectric plants, hotels, shopping centers and schools.
Between 2005 and 2009, he was the Chief Real Estate Attorney and then Corporate Chief Attorney at Salfacorp S.A. He later held the position of Chief Real Estate Attorney and Assistant Counsel for Empresas Socovesa between 2009 and 2013.
Since 2025, he has been a director of the Chilean Society of Construction Law.
EDUCATION
Attorney, Universidad de los Andes (2003).
Master’s degree in Tax Management and Consultancy, Universidad Adolfo Ibáñez (2010).
RECOGNITION
CHAMBERS AND PARTNERS
- Real Estate (2022, 2023, 2024, 2025, 2026).
THE LEGAL 500
- Banking and Finance, Real State (2018).
- Real Estate (2021, 2022, 2023, 2025).
BEST LAWYERS
- Real Estate Law (2020, 2021, 2022, 2023, 2024, 2025).
LACCA
- Capital Markets, Banking and Finance, Corporate and M & A, Energy (2021).
LEADERS LEAGUE
- Real Estate (2021, 2022, 2023, 2024, 2025).
EXPERIENCE
Head of the Fintech and Banking Department. He has extensive experience in financial matters and digital markets, including digital payment processing systems, crypto-assets, digital loans, digital financial platforms, among others.
He also has vast knowledge in corporate matters, with emphasis on international transactions in the areas of mergers and acquisitions, capital markets and project finance. He actively advises the Legal Council of the Fintech Chile association, an association that brings together more than 90 Fintech companies with presence in Chile and Latin America.
In his professional development he has represented cryptocurrency exchanges, digital lending companies, structured financing to Fintech companies advising digital platforms, payment processors, among others.
He previously worked as a foreign associate in the New York offices of Shearman Sterling LLP (2009 – 2010) focusing on the Capital Markets practice, and was a partner at Morales Besa law firm (2012 – 2019). He is an Officer of the Banking Law Committee of the International Bar Association.
He has been recognized by the international rankings Chambers Partners, Legal 500, IFLRS 100, Leaders League, LACCA, among others.
EDUCATION
Attorney, Universidad de los Andes (2004).
Master in Law (LL.M.), Duke University (2009).
RECOGNITIONS
CHAMBERS & PARTNERS
- Fintech (2022, 2023, 2024, 2025, 2026).
- Capital Markets (2022).
THE LEGAL 500
- Leading Partner in Banking & Finance (2022,2023,2025, 2026).
- Capital Markets (2019).
- Mergers & Acquisitions (2019).
IFLR 1000
- Banking and Finance (2020 a 2024).
- Project Finance (2020 a 2024).
- Capital Markets: Equity (2020 a 2024).
- M & A (2020 a 2024).
BEST LAWYERS
- Banking and Finance (2020 – 2025).
- Capital Markets (2020 – 2025).
- M&A (2020 – 2023).
- Project Finance (2020 – 2023).
LEADERS LEAGUE
- Fintech (2021, 2022, 2023, 2024, 2025).
- Corporate and M&A (2021, 2022, 2023, 2024).
- Banking and Finance (2021, 2022, 2023, 2024, 2025).
- Competition & Antitrust (2022 – 2024).
LEADING LAWYER
- Banking, Capital Markets: Equity, M&A, Project finance (2017).
- Corporate governments (2020).
EXPERIENCE
Rebeca has an extensive experience in advising legal entities in the design and implementation of effective compliance programs, prepared on the basis of the activities the Companies carried out, including the detection, treatment and mitigation of crime risk (especially those that could result in the emergence of Corporate Criminal Responsibility, in accordance with Law 20,393), corruption, financial and antitrust crimes, tax crimes, breaches of consumer matters, data protection, information security, and breaches in labor matters.
Rebeca has also advised on Due Diligence processes for the evaluation of the compliance and anti-corruption systems of different companies, reviewing their activities, programs, policies and controls, in order to detect and mitigate the risks of legal transmission of corporate criminal liability. In matters of litigation, she has concentrated her practice on complex criminal litigation, punitive procedures and defense.
In addition to being a partner at HD Compliance, since December 2019 she has been head of the Labor and Employment practice at HD Legal. Between 2015 and 2019 she served as Head of Compliance and Criminal Law Area at Morales & Besa Law Firm, where she also fulfilled functions as Crime Prevention Officer for different companies, acting with full independence and reporting directly to the Board of Directors. Previously, between 2012 and 2015, she worked as an associate in the Criminal Department at Claro & Cía.
Rebeca is a Professor of Criminal Law at Central University and Gabriela Mistral University, and in the Gender Perspective Diploma for change in organizations at the Faculty of Economics and Business of the University of Chile.
She is a member of the Chilean Bar Association A.G. since 2013; and Women In Compliance Chile, since 2018. She is also Executive Secretary of the World Compliance Association, Chilean Chapter, since 2020 and member of Transparent Chile since 2021.
In 2024, she was in charge of certifying Entel, the first company in Chile to have its Consumer Protection Compliance Plan approved by Sernac through the certifier HD Systems.
She is the author of the book Corporate Internal Investigations. A Compliance Approach (Der Ediciones).
EDUCATION
- Lawyer, University of Chile (2011).
- Diploma in Tax Analysis and Planning, P. Universidad Católica de Chile (2015).
- Diploma in Compliance and Good Practices, Universidad Católica de Chile (2018).
- Diploma “Human Rights, Sexual Diversity and Public Policies”, F. Henry Dunant (2018).
- Course on Unfair Administration and public corruption, Universidad de Chile (2019).
- Cybersecurity Course, University of Chile (2020).
- Cryptocurrencies (2021).
- Compliance Management Systems. Requirements and interpretation ISO 37301:2021, International Dynamic Advisors (Intedya).
- Master of Criminal Policy at the University of Salamanca (2020-2022).
- Economics and Consumer Law (c) (2022-2023).
- Fintech Course: Innovation and Open Finance, Universidad del Desarrollo (2023).
- Compliance Officer Internacional, Universidad de Salamanca (2024).
RECOGNITIONS
CHAMBERS AND PARTNERS
- Compliance (2026).
THE LEGAL 500
- Rising Star in Compliance (2021, 2022, 2023).
- Next Generation Partner (2025, 2026).
LEADING LAWYERS
- Compliance (2019, 2024).
LEADERS LEAGUE
- Highly Recommended in Compliance (2021, 2022, 2023)
- Recommended in Competition & Antritrust (2022, 2023, 2024, 2025).
- Excellent in Compliance (2024, 2025).
- Recommended in Dispute Resolution – White Collar Crime (2024).
- Valuable Practice in Labor & Employment (2025).
- Recommended in Economic Criminal Law (2025).
BEST LAWYERS
- Corporate Governance and Compliance Practice (2023, 2024, 2025).
EXPERIENCE
Rosario provides legal advice in various fields of corporate law, with a primary focus on capital markets and investment funds. Her experience includes the structuring of both public and private investment funds, as well as the contractual execution of their business and transactions, working in coordination with clients, different business areas and regulatory authorities. She also has extensive knowledge of the operational aspects of investment funds, acquired during her career in a fund management company.
Her practice also encompasses corporate financings, refinancings and restructurings, advising both debtors and creditors in the structuring and execution of financial transactions.
EDUCATION
- Lawyer, Pontificia Universidad Católica de Chile (2017).
- Master in Law, LLM UC, mention in Business Law (2021).
EXPERIENCE
Fernanda concentrates her practice in corporate matters and especially on issues related to fintech companies, including cryptocurrency exchanges, open banking, money transmitters and digital lending platforms. She provides advice to national and international clients, focusing mainly on startups.
Previously, she worked as an intern in the Municipal Corporation for the Promotion of Economic and Productive Development of Estación Central (IDEACTIVA CENTER). In 2019 she worked as a research assistant at the Legal Innovation Lab of the UC Law School.
EDUCATION
- Law Degree, Pontificia Universidad Católica de Chile (2021).
- Diploma in Blockchain – Universidad Complutense de Madrid (2022).
- “Design Thinking for Innovation” course, University of Virginia – Darden School of Business (June 2021).
- “Programming for Everybody (Getting started with Python)” course, Michigan University (September 2021).
- Exchange program at ESADE Law School in Barcelona (2020).
- “Legal Tech & Startups” course, IE Business School (August 2020).
RECOGNITIONS
CHAMBERS & PARTNERS
- Fintech (2026).
EXPERIENCE
Sebastián joined HD as a junior associate in the Capital Markets and Tax areas.
He previously worked as a tax and corporate lawyer at Grant Thornton Chile.
EDUCATION
- Abogado, Universidad de Los Andes.
EXPERIENCE
Demetrio has experience in corporate and tax matters, with an emphasis on national and international transactions in the areas of mergers and acquisitions and project financing.
Previously, he worked as a in Guerrero Garcés Abogados (2019-2021), in Pérez Videla Abogados (2015-2019) and as a paralegal in the corporate group of Barros & Errázuriz Abogados (2011-2013).
Member of the Colegio de Abogados de Chile A.G.
EDUCATION
- Attorney, Universidad del Desarrollo (2015).
- Master in Law (LL.M.), mention International Financial Law, King´s College London, UK (2022).
- Course in Finance and Accounting for Non-Financial Executives, Pontifical Catholic University of Chile (2025).