Claim Game: U.S., Cuba Try To Hash Out Differences Over Property

Joseph A. DeMaria was featured in the Hispanic MarketWorks article, "Claim Game: U.S., Cuba Try to Hash out Differences over Property." Full text can be found in the December 13, 2015, issue, but a synopsis is below.

With nearly "six decades of financial claims and counterclaims" between the United States and Cuba, the two countries came together last week for the first day of negotiation.

More than $3 billion is still owed to Americans due to Cuba's refusal to defend itself in U.S. courts for anti-terrorist lawsuits. Some of the judgements were earlier paid off by companies such as AT&T who owed money to the Cuban State telephone company but the funds ran out leaving many with unpaid damages.