"Eminent practitioner Santiago Carregal is the chairman of Marval O'Farrell Mairal and heads the banking and finance department of the firm. He is well-known among market commentators for his longstanding experience in the field."

Chambers Latin America, 2024
 

Santiago Carregal is the Head of the Banking and Finance Department and Chairman of the firm.  He specializes in corporate finance and has represented companies and investment banks in public offerings, private placements and tender and exchange offers, structured and project financings and mortgage securitization involving a variety of equity, debt and hybrid instruments. 

Santiago is also very active in M&As handling a number of notable transactions, including the sale of GE Money Argentina to Banco Supervielle, the sale of GE Money’s branches to Banco Columbia, and GE’s acquisition of 25% of YPF Luz. He also handled the acquisition by Dufry of the leading airport retailer in Argentina Interbaires, as well as airport retail operations in Uruguay, Ecuador and Armenia, and the sale of the controlling stake in chemical company Indupa by Belgian giant Solvay.

In addition, Santiago has extensive experience in restructuring and workouts, which includes representing the Telecom Argentina group in its USD 4 billion debt restructuring, the largest cross-border insolvency case in Argentina’s history (2002/2006).

From 2012 to 2014 Mr. Carregal led the team of lawyers that represented Repsol in all matters relating to the expropriation of Repsol’ s participation in YPF, including representation in arbitral and judicial proceedings, and in the expropriation agreement signed with the Argentine Government, which constitutes Argentina’s first-ever expropriation deal.

Chambers Latin America describes Santiago as “a brilliant lawyer and among the best in the country.” He is also recognized as a leading specialist in banking and finance, corporate/M&A and project finance in several other legal publications including Who’s Who Legal, The Legal 500, Which Lawyer and IFLR 1000.

He worked as a foreign attorney for Shearman & Sterling in New York, is a former Vice-President and Assistant General Counsel of JP Morgan’s Buenos Aires Branch, and was a partner of law firm Carregal & Funes de Rioja. Mr. Carregal graduated as a lawyer at the University of Buenos Aires in 1984 and went on to earn a Master’s in Law from the University of Illinois in 1987.

Santiago is currently a member of the Board of the Argentine Bank’s Lawyers Committee (Comité de Abogados de Bancos de la República Argentina) and a professor of post-graduate studies in banking and finance at the Universidad de Buenos Aires, Universidad Austral and Universidad Católica Argentina.