SocGen sued for $792m under Helms-Burton Act

The former owners of Cuba’s Banco Nuñez have filed a complaint in the US District Court in Miami against Société Générale SA seeking $792m for trafficking in property expropriated under the Castro regime. According to the plaintiffs, SocGen generated millions of dollars’ worth of fees by lending money to Banco Nacional de Cuba and processing transactions in Cuba from 2000 …

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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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