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

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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