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Wednesday, 07/12/2017 9:06:20 AM

Wednesday, July 12, 2017 9:06:20 AM

Post# of 977
4 Days Till TRUMP Title III of the Cuban Liberty and Democratic Solidarity Act of 1996 (also known as Helms-Burton, after its sponsors) decision
Name of Claimant / Amount of Loss Certified ($)
https://www.brookings.edu/wp-content/uploads/2016/07/Reconciling-US-Property-Claims-in-Cuba-Feinberg.pdf p.42
1 Cuban Electric Company 267,568,414 $ODP
2 North American Sugar Industries, Inc. 97,373,415
3 MOA Bay Mining Company 88,349,000
4 United Fruit Sugar Company 85,100,147
5 West Indies Sugar Corp. 84,880,958
6 American Sugar Company 81,011,240 $ASCS
7 ITT as Trustee 80,002,794
8 Exxon Corporation 71,611,003 $XOM
9 The Francisco Sugar Company 52,643,438 $FRAZ
10 Starwood Hotels & Resorts Worldwide, Inc 51,128,927 $HOT

https://thecubaneconomy.com/articles/tag/helms-burton-bill/

Title III allows U.S. nationals to file suit in U.S. courts against anyone “trafficking” in their confiscated property in Cuba—that is, anyone assuming an equity stake in it or profiting from it. The U.S. Foreign Claims Settlement Commission has certified 5,913 claims of U.S. nationals whose property was seized. These are the claims that Cuba and the United States had begun to discuss during the Obama administration.


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