Latest development Jul 31, 2026
A French court rejected Bolivia’s set-aside application.
The award
- Amount awarded
- About $253.6M plus post-award interest
- Current estimate
- At least $255M (GAR)
- Award holder
- Glencore Finance (Bermuda) Ltd
- Respondent
- Plurinational State of Bolivia
- Forum
- PCA · UNCITRAL · UK–Bolivia BIT · seat Paris (inferred)
Challenges
A French court rejected Bolivia’s set-aside application on illegality grounds (GAR, July 31, 2026).
Enforcement
United States: the D.D.C. denied Bolivia’s motion to dismiss on January 9, 2026, and the case is in merits briefing. Bolivia sought a stay or dismissal in March 2026, alleging corruption.
Recovered to date
None