District Court Won’t Vacate $36M Judgment Despite Award’s Annulment In Bolivia

Mealey's (May 21, 2021, 9:40 AM EDT) -- DENVER — A Colorado federal judge on April 30 denied two Mexican companies’ motion to vacate judgment confirming an arbitral award against them worth more than $36 million that they claimed was vacated by a Bolivian court after it was affirmed by the 10th Circuit U.S. Court of Appeals, writing that vacatur “would offend basic standards of justice” and reward the companies’ “inequitable conduct.”...