PCA Orders Bolivia To Pay $28M For Violations Of Investment Treaty

Mealey's (November 26, 2018, 12:44 PM EST) -- THE HAGUE, Netherlands — The Permanent Court of Arbitration (PCA) on Nov. 23 issued an arbitral award in a dispute over a mining project, ordering the Plurinational State of Bolivia to pay a Bermuda entity $28 million in damages and interest (South American Silver Limited [Bermuda] v. The Plurinational State of Bolivia, No. 2013-15, PCA)....