State Department Records: Freedom of Information Act (“FOIA”) October 15, 2020 by cdisilvio
Besides property claims, this batch of records provide background information about outstanding judgments entered in U.S. courts under the “terrorism exception” to the Foreign Sovereign Immunities Act (“FSIA”). The judgement claims are valued at $2.22 billion against Cuba that, with punitive damages of $1.9 billion, are worth $4.21 billion, not including statutory interest. In seven of thirteen cases plaintiffs have been able to recover partial compensation – an option generally not available to certified property claim holders but one that PT Law has argued should be as these claims were first in time and for other reasons. https://www.pobletetamargo.com/state-department-records-eight-days-before-the-end-of-the-administration-the-obama-administration-requested-more-talks-with-cuba-about-property-claims/
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.