Monday, March 04, 2019

POLITICS_ Trump administration OKs lawsuits against Cuba for property seized during revolution

FOX NEWS

STATE DEPARTMENT
Published 1 hour ago

Trump administration OKs lawsuits against Cuba for property seized during revolution

By Andrew O'Reilly | Fox News




White House targets Cuba, Venezuela and Nicaragua
National Security Adviser John Bolton brands the countries a 'troika of tyranny' while announcing new sanctions over human rights violations and political oppression


The State Department on Monday announced it would allow lawsuits to be brought against Cuba companies and individuals by people whose property was seized by the communist government during and after Fidel Castro's revolution in the late 1950s.

In the United States' latest move to punish Cuba and encourage democracy in the communist nation, the State Department announced it would suspend for 30 days part of the 1996 Libertad Act, also known as the Helms-Burton Act, and allow some lawsuits to be brought against companies using properties confiscated by the Cuban government after its 1959 revolution.

"Even under a new president in Cuba, nothing has changed," a senior State Department official said Monday. "The U.S. is holding the Cuban regime responsible."


CUBAN GUARDS SURROUNDING MADURO, US MILITARY COMMANDER SAYS


Every president since Bill Clinton has suspended the section of the act that would allow such lawsuits because they could snarl companies from U.S.-allied countries – like the United Kingdom, France and Spain – in years of complicated litigation that could prompt international trade claims against the United States. The State Department, however, made clear that any lawsuits brought in U.S. federal courts would target Cuban entities and sub-entities, not ones owned or controlled by U.S. allies.

Allowing a limited number of lawsuits could make investment in Cuba more burdensome for companies thinking of entering the market, who will now have to do additional research into their legal liability, but it is unlikely to be a major blow against the Cuban economy.

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READ MORE: https://www.foxnews.com/politics/trump-lawsuits-on-cuba-property-seized



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