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Supreme Court gives go-ahead to ExxonMobil lawsuit over seized Cuban property

The Supreme Court has ruled that ExxonMobil can sue Cuban state-owned enterprises in U.S. courts for property seized after Fidel Castro's rise to power.  At issue was whether the 1996 law known as the Helms-Burton Act removes the shield from lawsuits in American courts that typically cover foreign countries and state-owned businesses. The justices reversed a lower-court ruling that found that the Cuban state-owned companies are immune from lawsuits in U.S. courts. “Today’s decision is a critical moment in a 60 year effort to be compensated for what the Cuban government illegally seized,” Exxon said in a statement. “It reflects two things: the merits of our argument and the fact that our company will fight a good fight for as long as it takes.”

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