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Reading: Big Law Clients Take $440M LIBERTAD Act Hit That Could Chill Investment in Cuba
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Legal Mag > Blog > Litigation > Big Law Clients Take $440M LIBERTAD Act Hit That Could Chill Investment in Cuba
Litigation

Big Law Clients Take $440M LIBERTAD Act Hit That Could Chill Investment in Cuba

Press Room
Press Room 3 months ago
Updated 2023/01/03 at 8:12 PM
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Bad news for several Big Law firms.

U.S. District Judge Beth Bloom ordered four Florida-based cruise lines that sailed to Cuba to pay $440 million to a U.S. company, pursuant to the LIBERTAD Act, a federal law under which businesses can face legal action if they trafficked in property confiscated by Fidel Castro’s communist regime.

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