The US Supreme Court will consider making it easier to sue over Cuban property confiscated by Fidel Castro’s government in 1960, accepting two appeals with potentially billions of dollars in stakes for US companies.
In one case, Exxon Mobil Corp. is trying to press a suit seeking $280 million from two state-owned Cuban companies that took over the oil giant’s refineries, service stations and other facilities. In the second appeal, the former operator of docks in Havana is aiming to revive a $440 million award against four cruise lines that used the facilities from 2015 to 2019.
