The US Supreme Court ruled June 23 that ExxonMobil can sue Cuban government-owned companies operating oil assets that were confiscated by Fidel Castro’s regime in 1960, arguing that a 1996 law allows such lawsuits. ExxonMobil is seeking more than $1 billion from Unión Cuba-Petróleo, or CUPET, and Corporación CIMEX, the Cuban companies that are now ...
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