Posted on 05/04/2019 9:34:14 AM PDT by simpson96
What happens if/when they win?
Is Cuba going to write a check?
Good luck with that.
Love it!
Leftists call it nationalization. Rational people call it theft.
Everyday is like Election Day all over again. More winning!
Yea, ExxonMobil! Now go after Saudi Arabia, Iraq, Libya, and Venezuela for nationalizing your oil concessions, wells, and processing facilities.
They will confiscate the Castro’s billions held in banks around the world.
Thanks for clearing that up!
So... more cash infused into the U.S. economy.
Win, win, win
Winning
Sounds good to me.
Exxon mobile now owns Cuba !
Exxon will win and because it's in a US Court, and after all appeals, the courts will give Exxon the rights to confiscate tankers with crude oil as compensation.
Before that happens, cuba will beg the USA to cut a deal, and they will become our new best friend.
There are still hundreds of thousands if not millions of Cubans living in the USA, and they have lived the success that comes with Liberty.
Many of those people would go back to Cuba to help get it back on it's feet, without the fear of communism returning.
Cuba is only destitute because of socialism not because the Cuban people will not work. Given an opportunity, I believe that they will be outstanding.
Depends on which country. Switzerland is no longer secure, but there is the Cayman Islands and others who will not allow confiscation. Many of the same asset secure nations also have non-extradition laws/policies.
Cubans I have met in Miami are some of the very finest people to have ever walked God’s earth
Interesting reading about the claims. Apparently Office Depot has the largest claim; Marriott has a large claim. Chevron is on the list. There appears to have been some sort of deal between Marriott’s predecessor in interest and Olivetti’s (the Italian company) predecessor in interest; I don’t know how that would impact the claim.
PDF of the complaint here. https://www.courthousenews.com/wp-content/uploads/2019/05/exxon.pdf
Where do you think Cuba keeps its assets?
Not in Cuba.
It will give cause to slam them with more sanctions and cut the tourist trade, strangling the country even more.
Too many here only look one chess move ahead.
I never thought about where Cuba keeps its assets.
Frankly, I didn’t know Cuba had ANY assets.
I’m sure the Castro brothers have assets, but wasn’t sure the government had anything.
I learn something new every day.
This is why it was kicked down the road since 96. *pops popcorn*
Too many here play Chess with Checkers
The US at the near height of its comparable strength was not able to take down Cuba in the late 50’s and early 60’s. The blockade during the Cuban Missile Crisis of 1962 almost got us into nuclear war. Luckily the Kennedy-Stevenson secret compromise of withdrawing US missiles from Turkey in return for getting the Soviet ones out of Cuba worked. If it had not, at least then the US had a massive public fallout shelter program and many people had their own home semi-deep basements and in some cases stocked shelters.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.