Francisco Industries, Inc. (FRAZ)

[deet49]

The Bottom Line: Under the court's order, an allegation of profiting from the use of property that was confiscated by the Cuban government is a sufficiently concrete harm for purposes of Article III standing. The court's order also establishes that a court may not dismiss or strike trafficking allegations that are, by themselves, time-barred where the plaintiff alleges a longstanding course of conduct, including non-timebarred trafficking, in support of its claim.

Court Holds that Helms-Burton Plaintiffs Have Article III Standing
https://www.lexology.com/library/detail.aspx?g=33146390-7710-4164-9f5e-67db7c2ce662

FRAZzel Dazzel