United States:
Trump Administration Allows Private Parties To Sue Under Helms-Burton Act For Assets Seized In Cuba
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Breaking more than two decades of precedent, the Trump
Administration has allowed the suspension of Title III of the
Helms-Burton Act to lapse, thereby enabling eligible individuals
and companies to file lawsuits in U.S. courts seeking compensation
for assets expropriated by the Cuban government since 1959.
Jones Day's
Chris Pace and
Rick Puente discuss the circumstances leading to Title III, how
companies can evaluate claims they may have under Title III or
exposure they may face under Title III, and potential defenses to
Title III lawsuits.
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