Removing Bill Clinton's legacy

| No Comments

An interesting development - from the Associated Press:

US allowing lawsuits over properties seized by Castro’s Cuba
The Trump administration on Wednesday opened the door for lawsuits against foreign firms operating on properties Cuba seized from Americans after the 1959 revolution.

Secretary of State Mike Pompeo said he won’t renew a bar on litigation that has been in place for two decades, meaning that lawsuits can be filed starting on May 2 when the current suspension expires. The decision could affect dozens of Canadian and European companies to the tune of tens of billions of dollars in compensation and interests.

“Any person or company doing business in Cuba should heed this announcement,” Pompeo said.

And a bit more:

Pompeo’s decision gives Americans the right to sue companies that operate out of hotels, tobacco factories, distilleries and other properties Cuba nationalized after Fidel Castro took power. It allows lawsuits by Cubans who became U.S. citizens years after their properties were taken.

That includes some very large businesses - the Castro regieme is very wealthy. They need to pay for what they did to their citizens.

Leave a comment

March 2023

Sun Mon Tue Wed Thu Fri Sat
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  

About this Entry

This page contains a single entry by DaveH published on April 17, 2019 10:43 AM.

Nancy Pelosi was the previous entry in this blog.

Hard to write a book about nothing is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Monthly Archives

Pages

OpenID accepted here Learn more about OpenID
Powered by Movable Type 5.2.9