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Havana's Grand Theater Serves as Stage for Another American President

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Monday, 28 March 2016 16:43

In an article from the International New York Times, New York Times reporter Victoria Burnett discusses President Obama's recent trip to Cuba. Last week, the president spoke at the Gran Teatro de La Habana Alicia Alonso, a building that had been confiscated by the Cuban government after the 1959 Communist takeover.

Read more... [Havana's Grand Theater Serves as Stage for Another American President]
 

US-Cuba Thaw Ignores Embargo

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Monday, 14 March 2016 14:10

On February 29, The Washington Examiner published an article discussing the President’s recent announcement about his upcoming visit to Cuba. In “US-Cuba Thaw Ignores Embargo” the author examines the many aspects of US-Cuba relations that have yet to be addressed by the Obama administration. 

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Companies Seek Payback for Assets Stranded in Cuba

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Monday, 22 February 2016 15:53

In an article by Agenda Week, a publication of The Financial Times, details the corporate compliance side of U.S. certified property claims against Cuba. Several experts outline possible strategies for companies seeking compensation for confiscated assets as well as what companies that engage in the Cuba marketplce should consider when reviewing compliance risk issues that involve properties in Cuba subject to a claim.

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With Cuba Changes Come Questions About What US Gets in Return

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Monday, 22 February 2016 14:59

Following last week’s multiple announcements in US-Cuba Policy, the Daily Business Review released an article discussing the seemingly unilateral concessions. Not only were commercial flights reinstated between the United States and Cuba, an American company has been granted approval for opening a tractor assembly plant on the island, and the President has confirmed an upcoming visit to Castro’s Island. These sudden changes have left many questioning what the United States is getting in return for the loosening of the embargo.

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Subcommittee Hearing "Resolving Issues With Confiscated Property in Cuba, Havana Club Rum and Other Property"

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Monday, 22 February 2016 14:44

On February 11, 2016, the House Judiciary Committee’s Subcommittee on Courts, Intellectual Property and the Internet held a hearing titled “Resolving Issues With Confiscated Property in Cuba, Havana Club Rum and Other Property” in which pending claims against the government of Cuba were discussed. Witnesses included US government officials, victims of property confiscation and trafficking in Cuba, as well as PobleteTamargo partner, Mauricio Tamargo. 

Read more... [Subcommittee Hearing "Resolving Issues With Confiscated Property in Cuba, Havana Club Rum and Other Property]
 

UPDATE: Cuban Government Could Finance Debt With US Companies

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Tuesday, 10 November 2015 15:51

In a recent interview with Radio Martí, Mauricio Tamargo further discusses ways in which the Cuban government could finance debt with US companies in order to pay American certified claims.

Read more... [UPDATE: Cuban Government Could Finance Debt With US Companies]
 

Pittsburgh Companies Part of $7 Billion Claim Against Cuba

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Tuesday, 10 November 2015 15:12

In an article published by the Pittsburgh Post-Gazette, Mauricio Tamargo discusses the ability of the Cuban government to make payment on US certified claims.

Read more... [Pittsburgh Companies Part of $7 Billion Claim Against Cuba]
 

Subcommittee Hearing: Deplorable Human Rights Violations in Cuba and Venezuela

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Tuesday, 10 November 2015 14:46

On November 6, 2015, the House Committee on Foreign Affairs held a Subcommittee Hearing titled: Deplorable Human Rights Violations in Cuba and Venezuela led by South Carolina Representative Jeff Duncan.

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Despite White House Opening, Exports to Cuba Continue to Drop

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Tuesday, 10 November 2015 02:51

In an article published in the Miami Herald, US agricultural food exports to Cuba are discussed as the United States works to open trade with the Island. Recent reports have shown a large decrease in exports from the Agricultural sector to Cuba in spite of the ongoing efforts to normalize relations with Cuba.

Read more... [Despite White House Opening, Exports to Cuba Continue to Drop]
 

US Not Updating Asset Claim Against Cuba Even as Trade Beckons

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Tuesday, 10 November 2015 02:24

In a recent article published by Bloomberg BNA, author Lenore Adkins discusses the current status of certified claim holders against Cuba. 

The majority of claims that were certified by the Foreign Claims Settlement Commission ("FCSC") were from the 1960s and 1970s following the takeover and nationalization of Cuba by the Castro regime. The FCSC, which concluded the first Cuba Claims program in 1972, no longer has the authority to update claimant information. Over the years, ownership to the vast majority of certified claims has changed hands as original claimants have passed and companies have come and gone.

Former FCSC chairman, and attorney with Poblete Tamargo, LLP, Mauricio Tamargo, discussed the out of date information as a possible complicaiton to payouts if the government receives the monetary funds to disburse.

Read more... [US Not Updating Asset Claim Against Cuba Even as Trade Beckons]
 
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