U.S. Citizens Sue Bolivia for $250 Million

Two Bolivian nationals have filed suit against their native country, seeking $250 million for family land holdings seized by the government more than a half century ago. Genoveva and Marcel Loza, heirs to the Loza family’s landholdings in Bolivia, claim in a lawsuit filed Friday in Miami federal court that the holdings included land where the Bolivian capitol and international airport now stand in La Paz.

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Published In: Antitrust & Trade Regulation Updates, International Trade Updates, Residential Real Estate Updates, Zoning, Planning & Land Use Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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