Barros & Errázuriz advised Larraín Vial Asset Management Administradora General de Fondos S.A. in a swap and settlement transaction between the companies Padre Hurtado Rentas SpA and Colon Rentas SpA. As background, before the transaction, Colon and Padre Hurtado had as sole shareholders the Larraínvial Rentas Residenciales Investment Fund, managed by Larrainvial Asset Management Administradora General De Fondos S.A., and Maestra Rentas Inmobiliarias SpA.

The purpose of the legal advice was to structure the swap so that the Fund would be the sole and exclusive owner of all of the Colón shares, and Maestra would be the sole owner of all of the Padre Hurtado shares. Additionally, on the same date, the same parties entered into an assignment of receivables agreement.