American Thinker:
That didn’t take long.
Mere days after President Trump lifted the waiver on lawsuits by Americans to sue communist Cuba for expropriated assets, Big Oil’s Bigfoot, ExxonMobil, was on this case like Godzilla. The Miami Herald reports that it is ready to stomp Cuba:
Exxon Mobil has filed suit in U.S. federal court against Cuba’s CIMEX and CUPET companies for their use of an oil refinery and other properties seized by the Fidel Castro government six decades ago.
Exxon Mobil is the first U.S. company to file suit after President Donald Trump allowed Title III of the Helms-Burton Act to take effect, opening the way for demands against Cuban and foreign companies that benefit from properties seized by the communist government.
Title III had been suspended every six months by every U.S. president since the law was approved in 1996.
That’s a monster. And it’s going to cost Cuba big, if ExxonMobil wins, and ExxonMobil always plays to win, and with some of the world’s best attorneys, it usually does win. The Helms-Burton law of 1996 states that U.S. companies who had their property stolen by communists in Cuba are entitled to sue for three times the value of the stolen properties, plus 6% annual interest, which, compounded over 60 years of Castro rule, is a…lot of interest. The company must have had that lawsuit ready for Trump’s move, given the speed with which it was executed.
It shows just how major President Trump’s act was. more
“”I lef mi check book en mi otro pantalones”
~communist cuba(d)
WINNING.24HOUR.MACHINE.
MAGA2016
KAG2020
KAT2024 – FDR did it why not US?
Put THAT out there on Tweedle Dee and Dum.
“Title III had been suspended every six months by every U.S. president since the law was approved in 1996.” For God’s sake– WHY?
I hope ExxonMobil screws Cuba as hard as it does it’s employees. That’ll teach ’em.
Carnival Cruise Line is getting sued too.
They may have to stop docking in Cuba.
Bernie’s second honeymoon hardest hit.
they wont see a penny win or lose. but it will tie up the court system and cost taxpayers millions
Next up; declassify the FBI documents that Robert Mueller kept sealed against the requests of 9/11 families. Mueller working to protect Saudi Arabia.
…hey, maybe Sears can pull itself out of bankruptcy with a big win for THEIR stores taken i the ’60s…/s
https://i.pinimg.com/originals/06/2d/95/062d95c15bd17f3b848e7a24e5f2ec9e.jpg
…nah. no one’s getting anything. Cuba ain’t got it, and Democrats wouldn’t let us get it if they DID.
…Dems and Castro are kind of on the same team, after all..
https://fair.org/wp-content/uploads/2016/03/ObamaChe.jpg
Cuba sends out DGI torturers and murderers and we sic lawyers on em.
I don’t know … seems *uneven* or something …
izlamo delenda est …
So if Cuba drags its feet and doesn’t pay up what’re we going to do, invade?
It wouldn’t surprise me if Exxon had a bullet point every 6 months since 1996 to review, refine, and keep the case relevant, while throwing in a few bucks to lobby congress. They have interest in doing so and 6% pays them to do so even if it takes decades to collect.
Unlimited sugar and cigars for ever sounds good for a start
Good luck ExMo, Castro Bro’s already stole all the dinero and anything of any value Cuba ever had. The place is a $#ithole
Pushy – – exactly.
In what court are these actions going to be settled? The World Court? Don’t make me laugh.
Pushy Ggalore
MAY 5, 2019 AT 8:32 AM
“So if Cuba drags its feet and doesn’t pay up what’re we going to do, invade?”
…there’s this ONE spot, Bahía de Cochinos, that I hear is IDEAL for an invasion, but only during Democrat presidencies…
Good luck collecting on that one.
Watch Maxine Waters threatening to socialize oil companies. Youtube video.
Feel good story of the day.