Region: Bolivia
Bolivia ordered to complete nationalisation of pension fund
An ICSID additional facility tribunal has ordered Bolivia to pay US$105 million and complete its acquisition of a Spanish banking group’s pension fund administrator, finding the investor had been held “hostage” by delays to the 12-year nationalisation process.
15 July 2022
Andean states face investment disputes
A cement consortium’s claim against Bolivia has come to light, as Peru is hit with an ICSID claim over a road project and Chile is threatened for a third time over its private pension reforms.
25 October 2021
Insurer pursues treaty claim against Bolivia over pension reforms
An UNCITRAL tribunal has begun hearing a Swiss insurance company’s claim against Bolivia over the nationalisation of its pension system.
09 June 2021
Bolivia settles with Chinese state entities
Bolivia has settled a dispute with Chinese state-owned steelmakers over the suspension of construction works for an iron ore processing plant.
19 February 2021
Bolivian state entity settles cable-car dispute
A Bolivian state entity has paid to settle an arbitration with an Austrian contractor over a US$750 million project to develop the world’s largest cable-car system.
07 January 2021
Tribunal refuses to suspend Bolivia claim over pandemic
A tribunal at the Permanent Court of Arbitration has refused to suspend an investment treaty claim against Bolivia after the state argued that the coronavirus pandemic had made work on its statement of defence “virtually impossible.”
30 April 2020
Centro de Conciliacion y Arbitraje Comercial (CCAC)
28 January 2020