Hostage on a Roller Coaster: An Arbitral Tribunal Condemns Bolivia to Consummate an Announced Expropriation and to Pay Damages for Breaching the FET Clause
Since 2006, the Bolivian State adopted a policy of “recovery” of resources and entities that were considered as ‘strategic’ by the State. Multiple investment arbitration proceedings against Bolivia were initiated as a consequence of the expropriation measures derived from the execution of this policy. To this date, the main claim in each of these cases…