Bolivia - Enforcement of Money Judgments
Originally from Enforcement of Money Judgments
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I. PRESENT ATTITUDE TOWARD ENFORCEMENT OF FOREIGN MONEY JUDGMENTS
A. Describe the receptiveness of your government (including courts) toward enforcement of foreign money judgments.
Enforcement of foreign judgments generally is subject to recognition and authorization by the Supreme Court of Justice. The court would commonly proceed under the law in the ordinary course of business if conditions for recognition and enforcement were met.
B. Briefly describe recent illustrative attempts, whether successful or unsuccessful, to enforce a foreign money judgment in your country, particularly with regard to enforcement of any judgments from United States courts.
No recent publicly disclosed precedent.
C. Describe any proposed legislation or other governmental action in your country that could significantly affect the enforcement of foreign money judgments.
Referring to years 2023 to 2025 Bolivian economy faced severe challenges and restrictions, amongst several others, for market availability of foreign currency, particularly U.S. Dollars, for payment/transfers abroad of debt under those currencies. The government adopted various regulations to partially govern this situatio