News & Analysis as of

Foreign Corporations Cuba

The Volkov Law Group

U.S. Entities Engaged in M&A Transactions Beware; OFAC Highlights the “Unique Sanctions Risks” Posed by Foreign Acquisitions

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On June 13, 2019, OFAC announced a settlement with Expedia Group, Inc. for violations of the Cuban Assets Control Regulations (“CACR”).  (Available here).  Expedia’s foreign subsidiaries assisted more than 2,200 individuals...more

Jones Day

Jones Day Talks: Trump Administration Allows Private Parties to Sue Under Helms-Burton Act for Assets Seized in Cuba

Jones Day on

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....more

Alston & Bird

The Revival of Title III of the Helms–Burton Act and the Increased Risk of U.S. Lawsuits Against Companies Doing Business in Cuba

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Our International Trade & Regulatory Group explores the turbulence the Trump Administration has caused by reviving the Helms–Burton Act....more

Locke Lord LLP

United States to Allow Lawsuits Arising from Property Confiscated in Cuba

Locke Lord LLP on

Beginning May 2, 2019, U.S. Nationals may bring lawsuits in the United States against traffickers in property confiscated by the Cuban government. During the Clinton Administration, the United States enacted the Cuban...more

Holland & Knight LLP

Posibles acciones en México en contra de la Ley Helms-Burton

Holland & Knight LLP on

A partir del 2 de mayo de 2019 se levanta la suspensión del título III de la denominada Ley Helms-Burton (véase alerta de Holland & Knight: "Cuba Policy in Flux: Seven Unanswered Questions," 25 de abril del 2019), conforme al...more

Holland & Knight LLP

Mexico Could Take Actions to Counter the Helms-Burton Act

Holland & Knight LLP on

The suspension of Title III of the Cuban Liberty and Democratic Solidarity Act (LIBERTAD), also known as the Helms-Burton Act, will be lifted as of May 2, 2019. (See Holland & Knight's alert, "Cuba Policy in Flux: Seven...more

Pillsbury - Global Trade & Sanctions Law

U.S. State Department Implements Title III of Helms-Burton Act Permitting Lawsuits Over Seized Properties in Cuba

On April 17, 2019, the Trump Administration announced that it will allow U.S. citizens whose property was seized by the Cuban Government after 1959 to sue foreign companies that “traffic” in their confiscated property....more

Akerman LLP

Helms-Burton Title III Comes To Life

Akerman LLP on

For the first time in 23 years, the United States government announced on April 17, 2019, its intention to activate Title III of the Cuban Liberty and Solidarity Act of 1996, popularly known as Helms-Burton. This...more

Searcy Denney Scarola Barnhart & Shipley

Law Affecting Cuban Property May Result in the Return of Hundreds of Thousands of Stolen Property

All eyes should be on a recently enacted provision of an old law that could result in cases filed by flocks of Cuban nationals trying to reclaim property seized during Fidel Castro’s takeover of the island. U.S. Secretary...more

Sheppard Mullin Richter & Hampton LLP

The New Suits of Havana: How Non-U.S. Companies May Soon Be Sued for Their Business in Cuba

Picture your company being hauled into U.S. court to defend litigation for your Cuba business that is lawful in your home country. That is the scenario that the Trump administration and Cuba hawks in Congress are aiming to...more

Carlton Fields

Rules of the (International) Road, Brexit, PPP as a New Tool for Argentina, and Keeping Non-U.S. Companies Safe from Suit (Expect...

Carlton Fields on

- Post-Daimler: Are Non-U.S. Companies Safe from Suit in U.S. Courts? What if the Non-U.S. Parent Registers to Do Business in a State? - Rules of the (International) Road: Choosing and Appointing a Distributor ...more

Thomas Fox - Compliance Evangelist

Doing Business in Cuba Under the FCPA, Part IV

I continue my exploration of some of the issues around doing business in Cuba, from the Foreign Corrupt Practices Act (FCPA) perspective. Today I want to consider the types of ownership structures that are currently in place...more

Carlton Fields

Expect Focus – International, Summer 2015

Carlton Fields on

In This Issue: - TTIP’s Impact on U.S. and EU Trade Relations - Proposed Innovation Box Legislation - Justice Department Recovers Nearly $6 Billion From False Claims Act Cases in 2014 - Rules...more

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