Welcome

Administration Mulling Tougher Cuba Embargo by Allowing Lawsuits

Jan. 22, 2019, 1:00 PM

The business community is on edge after the Trump administration signaled it may activate a dormant statute to allow lawsuits in U.S. courts over property Cuba confiscated in the early days of the Castro government.

“Depending on who comes out of the woodwork to file a claim it, could significantly affect U.S. industry,” James Williams, president of Engage Cuba, told Bloomberg Law. Engage Cuba, which represents companies working to end restrictions against Cuba, strongly opposes the move that would tighten the embargo by making it harder to conduct business in Cuba.

U.S. companies doing legitimate business in Cuba would get ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.