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Expropriation

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SCOTUS Clears Exxon’s Path to Sue Cuba Over 1960 Asset Seizure
world2 hours ago

SCOTUS Clears Exxon’s Path to Sue Cuba Over 1960 Asset Seizure

The Supreme Court, in a 6-3 decision written by Justice Kavanaugh, allowed Exxon Mobil to sue Cuban state-owned oil companies in U.S. courts over property seized in 1960 after Fidel Castro’s rise, leveraging a 1996 law that permits claims for expropriated assets; the Trump administration backed Exxon, and the case could involve hundreds of millions of dollars, signaling ongoing political and legal pressure between the U.S. and Cuba.