Exxon Mobil sues Cuban oil companies under Helms-Burton Act

Exxon Mobil Corp has issued proceedings against Cuba’s state-owned Cuba-Petroleo and CIMEX Corp in a federal court in Washington to recover $280m for “unlawful trafficking in the Plaintiff’s confiscated property”, namely the Standard Oil refinery in Havana Bay, gasoline stations and other assets. Exxon is the first corporation to sue a company owned by the Cuban government since the Trump...

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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