HAVANA - Carnival Corp on Thursday became the first company sued for profiting from expropriated Cuban property as the Trump administration piles new sanctions on the Communist-run nation for supporting Venezuela’s embattled government.
Under Title III of the Helms Burton Act, waived by previous presidents, anyone whose property was nationalized after the 1959 Cuban Revolution, even if they were not U.S. citizens at the time, can sue any individual or company profiting from their former holdings. Gutierrez said Carnival was duly notified and thus the suit was filed on Thursday, with others to follow soon.
Cuba charges Title III violates international law because its nationalization of property was legal and also because Cuban-Americans were not U.S. citizens when their properties were taken.
Hahaha. American company hurt by trump policies. Who could have guessed? 😂
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