On Monday, Swiss-based construction materials multinational LafargeHolcim settled a lawsuit seeking compensation for the use of its properties, nationalized by the Cuban government in the 1960s.
The heirs of a Cuban family, who used to own the property, sued the European company under Title III of the U.S. Helms-Burton Act (1996), which allows them to pursue claims against entities that benefit from Cuban properties that were privately owned before the 1959 Revolution and have since been nationalized.
Senior Publisher: Carlos Aznárez; Staff writers: María Torrellas, Graciela Ramírez, Beatriz Morales, David Vázquez, Javier Villacin in memoriam North America Bureau: Alicia Jrapko and Bill Hackwell. Translator: Leni Villagomez Reeves ISSN 2380-0054
