Supreme Court Considers Fate of Docks and Other Assets Seized by Cuba in 1960
The New York Times • • general
Key Points:
- Over 60 years ago, Fidel Castro seized American-owned assets in Cuba, including the Havana Docks Company, without compensation.
- A policy change during the Trump administration allowed the Havana Docks Company to sue cruise lines for using the confiscated docks, with the Supreme Court set to hear the case.
- The cases, including one by ExxonMobil over confiscated oil assets, come amid heightened U.S. pressure on Cuba through sanctions and restrictions on tourism and fuel.
- The Supreme Court ruling could impact thousands of Americans seeking compensation and potentially increase U.S. leverage over Cuba's economic policies.
- The Justice Department supports the lawsuits, viewing them as a foreign-policy tool to discourage investment in Cuba and pressure the Cuban government.
