Thursday, April 18, 2019 10:52:51 PM
Nicolás J. Gutiérrez or Nick Gutierrez is our guy FRAZ and MNII
https://www.nytimes.com/2019/04/17/world/americas/cuba-trump-travel-lawsuits.html
the law’s Title III provision, allowing U.S. citizens to sue for three times the current value of confiscated property
Translation: Trebling , in United States law, is a term that indicates that a statute permits a court to triple the amount of the actual/compensatory damages to be awarded to a prevailing plaintiff. Treble damages are a multiple of, and not an addition to, actual damages in some instances.
Example: Adjusted for inflation, US$50,000.00 (3.70% per annum) in 1960 has a 2019 value of approximately US$427,267.01. The USFCSC authorized 6% per annum, meaning the 2019 value of US$50,000.00 is approximately US$1,649,384.54. X3
You Do The Math : FRAZ $52,643,438.37 1960 Claim No.CU-2500
______________ MNII $48,587,847.92 1960 Claim No.CU-2525
https://www.searcylaw.com/law-affecting-cuban-property-may-result-in-the-return-of-hundreds-of-thousands-of-stolen-property/
https://www.law.com/dailybusinessreview/2019/03/06/attorneys-prepare-to-file-lawsuits-on-behalf-of-cuban-americans-whose-property-was-confiscated-by-castro/?slreturn=20190219124333
Read This AGAIN: By Nicolas J. Gutierrez Jr. Published 25 January 2019
http://www.homelandsecuritynewswire.com/dr20190125-helmsburton-s-title-iii-impact-of-inching-towards-implementation
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