Glencore v. Bolivia: A Long-Awaited Award Finds Expropriation and FET Breaches by the State
Kluwer Arbitration
MARCH 4, 2024
In early 2005, Swiss company Glencore International acquired the assets and assigned them to Glencore Finance (Bermuda). The Tribunal concluded that a treaty dispute was not foreseeable in 2005. A decision on interpretation and correction of the award followed on 6 November 2023. All three assets had been privatized around 2000.
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