Market: Bolivia

News in Brief – 10 August

This month’s news in brief takes a look at Bolivia’s investment in ethanol production, the Colombian government’s sale of a stake in telecoms company Coltel and the decision of Chile’s antitrust agency head to step down. In Brazil, police investigate price-fixing among fuel distributors and the country’s carmaker association reports a drop in car exports, while in Mexico, Aeroméxico faces legal action following its recent plane crash.  

10 August 2018

Are legal teams as diverse as they think?

Featured in Diversity 2018

LACCA’s first diversity survey has revealed that just over half of in-house counsel feel their legal teams are “extremely diverse” or “very diverse.” But the fact that a third of respondents say they have felt prejudice at work suggests there’s still room for improvement in making diversity a widespread reality.

03 August 2018

Ethics and compliance: Leadership’s toughest challenge?

Jed Hepworth has spent nearly 40 years working on international matters at Cargill, Inc, the biggest privately held corporation in the US, and 20 of those as Latin American general counsel. With a team of 70 professionals around the region, he reflects on the crucial role of leadership in promoting business ethics and compliance.   

27 July 2018

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

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