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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 11 sources · 11 days · First seen · Last updated

SOBOCE legal dispute with Bolivia and FANCESA

Overview

Sociedad Boliviana de Cemento (SOBOCE) is engaged in a legal dispute involving a judicial order to pay Bs 744,315,432 to FANCESA. The company has contested this requirement, noting that the resolution is under constitutional review and that the Constitutional Court had previously annulled the resolution due to alleged irregularities. SOBOCE has characterized the demanded amount as an “unusual indemnity lacking technical and legal support” and has sought precautionary measures to halt execution.

The company has escalated the matter by filing a formal complaint against the Plurinational State of Bolivia before the General Secretariat of the Andean Community (SGCA). SOBOCE alleges a breach of legal security and discriminatory treatment, seeking a review by the Andean Court of Justice to suspend the coercive payment. SOBOCE management stated the dispute is rooted in a 16-year-old debt owed by the State regarding expropriation amounts, rather than issues of unfair competition, and characterized the legal proceedings as a tool of pressure.

Entities

Fancesa · Bolivia · Ricardo Barrientos · Soboce · Sociedad Boliviana de Cemento

Timeline

  1. [BUSINESS] 7 sources
    SOBOCE files complaint against Bolivia with Andean Community

    SOBOCE has filed a complaint with the Andean Community against Bolivia, alleging discriminatory treatment and seeking to suspend a 744 million boliviano payment to FANCESA.

  2. [BUSINESS] 5 sources
    SOBOCE notified to pay Bs 744 million to FANCESA

    SOBOCE has received a judicial order to pay Bs 744.3 million to FANCESA, a move the company is contesting in constitutional court, citing legal irregularities and pending resolutions.

Sources

ahoradigital.net · cabildeodigital.com · contactoconstruccion.com · eldeber.com.bo · eldiario.es · exitonoticias.com.bo · inforse.com.bo · menorca.info · merca2.es · nuevapresencia.com · rcbolivia.com