THE JOURNAL OF EXPORT CONTROLS AND SANCTIONS

US to allow private lawsuits over seized Cuban property

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By Michael T. Gershberg and Avani Uppalapati, Fried Frank www.friedfrank.com   On 17 April 2019, US Secretary of State Mike Pompeo announced1 that beginning on 2 May, US citizens would be able to file lawsuits against foreign companies that use property seized by the Cuban government. That same day, National Security Advisor John Bolton announced new sanctions against Cuba, Nicaragua, and Venezuela. The new policy and sanctions are aimed at weakening Cuba’s communist regime and to pressure these governments to end support for Venezuelan President Nicolas Maduro. The decision to allow lawsuits against foreign companies that use seized property overturns...

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