The result has important consequences for the Bolivian legal market as well as businesses operating in the country, says Ferrere associate Cristian Bustos, who led the case on behalf of COTAS: “An award favouring the union would have been followed by similar claims by other syndicated groups for equal or higher increases affecting their employers’ business and driving away potential investment.” The Ferrere legal team was joined by Nestor Loizaga, managing partner of the firm’s Paraguay office.

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