Carlos Arata > Rubio Leguía Normand > Lima, Peru > Lawyer Profile

Rubio Leguía Normand

Work Department


Carlos is a Partner of the Financial and Corporate Practice Area, specializing in project financing, corporate financing, mergers and acquisitions, as well as other corporate operations.


He has significant experience on project finance, issues in the capital market, corporate financing and mergers and acquisitions, especially covering the retail, energy, hydrocarbon, mining and infrastructure sectors, both in the local and international market.

Before joining Rubio Leguía Normand, Carlos worked as an international associate in the following firms in New York: Sidley Austin LLP, DLA Piper LLP and Clifford Chance LLP where he had the opportunity to participate in the most important infrastructure projects in the country. Previously, he was senior associate in Estudio Grau (now CMS Grau) where he had the opportunity to participate in financing operations in various economic sectors, as well as acquisition operations of large companies.

In the academic field, Carlos has worked as professor of different undergraduate and postgraduate courses related to corporate and financial transactions, in Universidad de Lima, Universidad de Ciencias Aplicadas – UPC, Pontificia Universidad Católica del Perú and Universidad Esan.


Spanish, English


  • Lima Bar Association


  • Master in law, corporate law, New York University – School of Law, 2013
  • Master in Finance and corporate law, ESAN Universidad, 2010
  • Attorney at Law, Pontificia Universidad Católica del Perú, 2002

Lawyer Rankings

Peru > Projects and infrastructure

A multidisciplinary team at Rubio Leguía Normand handles both infrastructure and general project work, and is particularly strong on the financing side under practice co-heads Andrés Kuan-Veng and Carlos Arata, both banking and finance specialists. Fellow co-head and administrative law specialist Milagros Maraví is highly rated for her PPP and concessions expertise; she led advice to Citybike Miraflores (Grupo Moventia) on its implementation of a public bicycle scheme in the districts of San Isidro and Miraflores in Lima. Mining and natural resources partner Diego Grisolle is another key member of the team.

Peru > Corporate and M&A

The four-partner team at Rubio Leguía Normand offers deep expertise across a range of transactional and corporate advisory work, with particular strength in equity captial markets deals since last year’s arrival of Andrés Kuan-Veng, who brought palatable clients as well as know-how to the team. They include Citibank/China Yangtze Power Co (CYPC), which the firm advised in a secondary capacity in relation to its mandatory tender offer for up to 13.7% of the common voting shares of Luz del Sur (following the 2020 landmark acquisition of Luz del Sur by CYPC). Kuan-Veng provides ‘unbiased insight in every transaction‘; lead partners also include César Luna Victoria, senior partner Carlos Arata, who is ‘capable of thinking beyond the legal/regulatory framework‘, and Claudia Chong. Clients highlight the ‘availability, assertiveness, punctuality, professionalism and personal quality‘ of the practice.

Peru > Capital markets

Rubio Leguía Normand is anticipating a significant rise in instructions from investment fund managers in Peru and is well placed to handle it, due to the combination of experience and energy of practice heads Andrés Kuan-Veng and Carlos Arata. In the meantime, the team is handling demanding debt transactions, mainly on the issuer side, such as Petroperu’s $1bn note offering for the financing of the Talara Refinery Project and other corporate purposes. Bank clients include Citibank, Deutsche Bank and BBVA Banco Continental, while Banco Santander, BD Capital and Petroperu are recent client gains. Securities specialist Jeanette Aliaga departed the firm in November 2021.

Peru > Banking and finance

Last year’s arrival of high-profile banking and finance lawyer Andrés Kuan-Veng to Rubio Leguía Normand is paying dividends and significantly boosted the profile and calibre of work at the practice. Recent mandates include multibillion-dollar matters, such as acting for Petroperu on the amendment of its $1.3bn credit facility provided by a syndicate of global investment and foreign banks. Demonstrating an ability to draw instructions on the lender side too, the firm advised ICBC Standard Bank in a $2.1bn interest rate swap with a major Chinese-owned company operating in Peru. Kuan-Veng heads the practice alongside transactional specialist Carlos Arata, who brings valuable international experience to the team. An experienced associate bench includes principal Eliana Pelaz, who re-joined after a period working at a US firm in Miami; and Germán Gómez, active on multiple key matters. Regulatory and capital markets partner and former co-head of the team, Jeanette Aliaga departed in November 2020 and has since joined Muñiz, Olaya, Meléndez, Castro, Ono & Herrera Abogados; the firm has since hired principal associate Janett Burga from Estudio Echecopar member firm of Baker McKenzie International, as of October 2021.

Comparative Guides

Peru: Mergers & Acquisitions April 2022 This country-specific Q&A provides an overview to Mergers & Acquisitions laws and regulations that may occur in Peru.