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COMPAÑÍA DE INVERSIONES v. GRUPO CEMENTOS

No. 21-1196, No. 21-1324.

58 F.4th 429 (2023)

COMPAÑÍA DE INVERSIONES MERCANTILES S.A., Petitioner-Appellee, v. GRUPO CEMENTOS DE CHIHUAHUA S.A.B. DE C.V.; GCC Latinoamerica, S.A. de C.V., Respondents-Appellants. Compañía de Inversiones Mercantiles S.A., Petitioner-Appellee, v. Grupo Cementos de Chihuahua S.A.B. de C.V.; GCC Latinoamerica, S.A. de C.V., Respondents-Appellants.

United States Court of Appeals, Tenth Circuit.

FILED January 10, 2023.

Attorney(s) appearing for the Case

David M. Cooper , Quinn Emanuel Urquhart & Sullivan, LLP, New York, New York ( Alex H. Loomis , Quinn Emanuel Urquhart & Sullivan, LLP, Boston, Massachusetts; Juan P. Morillo , Quinn Emanuel Urquhart & Sullivan, LLP, Washington, D. C.; David G. Palmer , Greenberg Traurig LLP, Denver, Colorado; and Daniel Pulecio-Boek , Greenberg Traurig, LLP, Washington, D. C., with him on the briefs) for Respondents-Appellants.

Eliot Lauer ( Gabriel Hertzberg , Juan O. Perla , Sylvi Sareva with him on the briefs) Curtis, Mallet-Prevost, Colt & Mosle LLP, New York, New York for Petitioner-Appellee.

Before HOLMES, Chief Judge, MATHESON, and ROSSMAN, Circuit Judges.

A Bolivian arbitration tribunal awarded $36 million in damages to Compañía de Inversiones Mercantiles S.A. ("CIMSA") against Grupo Cementos de Chihuahua S.A.B. de C.V. ("GCC"). GCC fought the award in the Bolivian courts, losing before a chamber of Bolivia's highest constitutional court in 2016.

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