In Compañía De Inversiones Mercantiles S.A. v. Grupo Cementos De Chihuahua S.A.B. De C.V., 2023 U.S. App. LEXIS 602, __ F.4th __ (tenth Cir. Jan. 10, 2023), the Tenth Circuit affirmed the district courtroom’s refusal to vacate an earlier U.S. judgment confirming a international arbitration award. After the District of Colorado initially confirmed the arbitration award, a Bolivian courtroom 
annulled that very same award. Nonetheless, the Tenth Circuit held that the district courtroom acted inside its discretion in denying a F.R.C.P. 60(b)(5) movement to vacate the U.S. judgment.
Authentic Shareholder Settlement
Grupo Cementos de Chihuahua (GCC) and Compañía De Inversiones Mercantiles S.A. (CIMSA) have been two principal shareholders in Sociedad Boliviana de Cemento, S.A. (SOBOCE), a Bolivian cement firm. GCC and CIMSA entered right into a shareholder settlement (Shareholder Settlement). The Shareholder Settlement required any disputes to be resolved via worldwide arbitration beneath the Inter-American Industrial Arbitration Fee. The events agreed that the arbitration would happen in Bolivia.
