Market: Bolivia

Bolivian opposition alleges court bias after arbitration award challenge

The investment company of a Bolivian former presidential candidate has asked a US court to press ahead with enforcement of a US$40 million award that has been subject to set-aside proceedings in Bolivia – arguing that it is “uniquely vulnerable” to bias in those courts in light of the judiciary’s lack of independence from the government of President Evo Morales.

06 July 2018

Bolivia agrees to pay ICSID award

Bolivia has agreed to pay US$42.6 million to satisfy an award from the International Centre for Settlement of Investment Disputes (ICSID) in favour of Chilean company Quiborax, ending a 12-year dispute over the expropriation of mining concessions by a previous administration.

18 June 2018

Bolivia fails to annul mining arbitration award

Twelve years after the dispute first came to the International Centre for Settlement of Investment Disputes (ICSID), an ad hoc committee has upheld a US$48 million award in favour of Chilean mining company Quiborax against Bolivia – finding that the tribunal’s decision to order the suspension of domestic criminal proceedings was not a basis for annulment.

29 May 2018

Chilean mining company gets award upheld against Bolivia

Twelve years after the dispute first came to the International Centre for Settlement of Investment Disputes (ICSID), an ad hoc committee has upheld a US$48 million award in favour of Chilean mining company Quiborax against Bolivia – finding that the tribunal’s decision to order the suspension of domestic criminal proceedings was not a basis for annulment.

25 May 2018

Peru’s Alicorp gets financing for Bolivia acquisition

Peruvian consumer goods company Alicorp has hired White & Case LLP in Miami, Garrigues (Peru) in Lima and Guevara & Gutiérrez - Servicios Legales in La Paz to obtain a US$400 million loan.

21 May 2018

The legal landscape in Bolivia, Ecuador & Venezuela

Featured in Who represents Latin America's biggest companies 2017?

While the left-wing governments of Bolivia, Ecuador and Venezuela represent the remaining vestiges of Latin America’s pink tide, LACCA’s research reveals that all three countries present a very varied landscape for the region’s biggest businesses and create very different challenges for local firms.

18 May 2018

Antitrust leniency fight divides Colombia from regional body

The General Secretariat of the Andean Community should close its investigation into an alleged soft paper cartel and not fine companies that already have been granted leniency in its member countries, Colombia’s antitrust authority has said.

17 May 2018

Portuguese insurer expands in Peru

Rodrigo, Elías & Medrano Abogados in Lima and Moreno Baldivieso Estudio de Abogados in La Paz have helped Portuguese insurance company Fidelidade acquire a majority stake in its Peruvian counterpart La Positiva through a tender offer worth US$107 million.

03 April 2018

Swedish investment company buys Bolivian silver mine

Swedish mining investment company Ag-Mining Investments has hired Ferrere (Bolivia) to acquire US Coeur Mining’s Bolivian subsidiary for US$50 million.

09 March 2018

Latin Lawyer 250: available now!

LACCA’s sister publication Latin Lawyer has published the latest edition of its definitive guide to the leading law firms across Latin America.

02 March 2018

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