Supreme Court Lets ExxonMobil Pursue Lawsuit Against Cuban State Firms Over Seized Assets

The US Supreme Court rules 6-3 that ExxonMobil can sue Cuban state-owned companies in US courts over property nationalized after Fidel Castro rose to power.Justice Brett Kavanaugh authors the majority opinion, holding that the Helms-Burton Act's Title III displaces foreign-sovereign immunity and reverses lower-court dismissals.ExxonMobil seeks compensation for assets once owned by Standard Oil, including more than 100 service stations and an oil refinery valued at $71.6M in 1969 and potentially about $3B with interest and trebled damages.The decision follows the Trump administration's reinstatement of Title III, aligns with other recent rulings that revived Cuban-property claims, and sends the case back to resolve Corporación CIMEX's liability.
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