Law, Policy, Results
Associated Press quoted Mauricio Tamargo in a recent story about U.S. certified claims against the government of Cuba:
But Mauricio Tamargo, commission chairman until 2010 and now a Washington attorney representing claimants, said confiscations inflicted lasting damage on families.”Many of them never recovered financially,” Tamargo says.
You can read the entire AP story here: US families who fled Cuba generations ago wonder if new diplomacy will pay for what they lost.
Jason Poblete was quoted in a recent WSJ Risk & Compliance Journal story about recent updates by the Treasury Department Office of Foreign Assets Control (OFAC) to the specially designated nationals list for the Cuba program:
“If the president wants people to be able to travel to Cuba you better make sure that list is as clean as possible,” said Jason Poblete, an export control specialist at Poblete Tamargo LLP, who has been critical of President Obama’s overtures to Havana.
You can read the entire story here: US Cleans Up Cuba Blacklist as Relations Thaw.
(Washington, DC) Mauricio Tamargo was interviewed by the Globe and Mail in Canada about unresolved U.S. claims against the government of Cuba for unlawfully confiscated properties, businesses, as well as unpaid financial obligations and other claims that the government of Cuba owes American citizens and other persons:
“Former chair of the U.S. Foreign Claims Settlement Commission, Mauricio J. Tamargo, says that, in fact, the American claims are not based on paper values; rather, Washington arrived at its final tally by looking at a combination of real-estate property taxes, comparables in sales prices at the time of the revolution, and receipts of improvements at the time of expropriation.
Now a lawyer at law firm PobleteTamargo in Washington, the Havana-born Tamargo adds that the list of claimants isn’t up-to-date: Many individual claimants have passed away, and their relatives have not given notice; some corporate claimants could have gone into bankruptcy or have new owners who are unaware of any claim. “The U.S. government,” he explains, “has been somewhat negligent in setting up a system for keeping the claims current.”
“Regardless, he insists, what has happened to property since its seizure does not affect the value of a certified claim – that is a precept of international law.
You can read the rest of the story at the Globe and Mail.
(Washington, DC) Jason Poblete, an attorney with Poblete Tamargo was interviewed and quoted by the Wall Street Journal’s Risk & Compliance Journal about recent developments in U.S.-Cuba policy:
“U.S. companies are excited about taking advantage of new openings so close to home. But it will be years before the thaw in relations materializes into large-scale opportunities for U.S. firms, say attorneys that specialize in sanctions law. “There is a lot of what I’d call ‘irrational exuberance about Cuba right now,” said Jason Poblete, a trade attorney at Poblete Tamargo LLP.”
“… And sanctions aside, doing business with a Communist state provides obstacles of its own, Mr. Poblete said. For example, the Cuban government’s actual appetite for the kinds of telecom equipment now allowed is unclear and untested. And much of business in the country still needs to be done in cash, Mr. Poblete said. “People see Cuba as this forbidden fruit, this closed economy with all this potential,” Mr. Poblete said. “But it may be years before you really see these opportunities.”
Read the entire post here.
(Washington, DC) Poblete Tamargo Attorney Jason Poblete was interviewed by the Washington Examiner newspaper for a recent story on U.S.-Cuba policy. You can read the entire story, “Castro’s new Gitmo demands stir fierce debate,” at the Washington Examiner website.