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Yes, it does happen. Not long ago a Spanish company got in trouble because they operated an hotel in a building that belonged to an USA citizen before the Cuban
by Maken 3y ago
Yes, it does happen. Not long ago a Spanish company got in trouble because they operated an hotel in a building that belonged to an USA citizen before the Cuban revolution [1]. A Norwegian company was also charged for using a dock in Cuba, which again, was once American property [2]. I think this kind of thing is becoming more rare since apparently only people who was alive when the Helms-Burton nonsense was passed can litigate, but it is definitely a real danger for anybody doing business in Cuba.
[1] https://www.vozpopuli.com/economia_y_finanzas/retiran-demanda-nh-hotel-group-helms-burton-cuba_0_1335466523.html https://www.vozpopuli.com/economia_y_finanzas/retiran-demand...
[2] https://www.reuters.com/business/autos-transportation/us-judge-orders-norwegian-cruise-line-pay-110-mln-use-cuba-port-2022-12-30/ https://www.reuters.com/business/autos-transportation/us-jud...