Knowledge

September 2023 | Latam Corporate Insights 18/09/2023 Corporate and M&A, Energy & Natural Resources, Cuban Desk An opportunity guide about: The Corporate M&A legal and tax framework focused on the Energy industry across LatAm READ MORE >>

US lawsuit filed under Title III of the Helms-Burton Act is dismissed 07/09/2023 Cuban Desk For the third time, South Florida District Judge Robert N. Scola, dismissed the lawsuit against Expedia, Hotels, Orbitz and Booking READ MORE >>

Andersen in Spain is ranked among the best law firms for international advisory services in Cuba by Chambers Latin America 2024 guide 28/08/2023 Corporate and M&A, Cuban Desk Andersen has also been named, for the fourth consecutive year, as a finalist as firm of the year for the Chambers Latin America Awards 2023, in the Cuba section (International Counsel) READ MORE >>

Chambers Global 2023 recommends Andersen in the areas of Dispute Resolution, Corporate and M&A and International Law Firm in Cuba 20/02/2023 Litigation and Arbitration, Banking and Finance, Corporate and M&A, Energy & Natural Resources, Cuban Desk The guide highlights Andersen in the areas of Dispute Resolution, Corporate and M&A and in General Business Law as an International Firm in Cuba READ MORE >>

First court sentence conviction by a US court related to Title III of the Helms-Burton Act 04/01/2023 Cuban Desk First court sentence conviction by a US court related to Title III of the Helms-Burton Act READ MORE >>

Why Spanish hoteliers are still keen on Cuba, despite challenges 02/11/2022 Cuban Desk Ignacio Aparicio explains in an article published by Hospitality Insights that the reason why Spanish hotel companies have been betting on the island's tourism development for many years is "because of the future importance of this market and because they do not recognize the extraterritorial application of the Helms-Burton Act". READ MORE >>

New US court decision rejects alleged “trafficking” under Title III of the Helms Burton Act 26/09/2022 Cuban Desk New US court decision rejects alleged "trafficking" under Title III of the Helms Burton Act READ MORE >>

Cuba opens foreign investment to the retail and wholesale sector-Andersen 22/08/2022 Cuban Desk With this new step, foreign investors will be able to manage the direct marketing of their products in retail and wholesale markets READ MORE >>

New decision by the Southern District Court of Florida recognises the Helms Burton Act’s definition of “trafficking” as constitutional 31/03/2022 Cuban Desk On March 23, 2022, a judge of the Southern District Court of Florida issued a new ruling recognising that the definition of "traffic" included in the Helms Burton Act (HBL) is constitutional READ MORE >>

Andersen climbs the rankings of Chambers Global 2022 17/02/2022 Corporate and M&A, Cuban Desk, Litigation and Arbitration The international guide highlights the areas of Dispute Resolution and Corporate / M&A and includes for the first time in the ranking Ignacio Aparicio in Corporate/M&A, who also repeats as Foreign Expert in Cuba, Miguel Prado in Financial Regulation and Luis Cortezo in Dispute Resolution, an area in which Íñigo Rodríguez-Sastre and Elena Sevila are again recognised READ MORE >>

New Portfolio of Opportunities for foreign investment in Cuba 02/12/2021 Cuban Desk The Cuban authorities update the Portfolio of Opportunities for Foreign Investment in Cuba in order to inform foreign investors about new projects of interest READ MORE >>

The Possibility of foreign investment in MSMEs in Cuba 07/10/2021 Cuban Desk New regulations associated with the establishment of MSMEs in Cuba, which open up the possibility for Cubans to create their own businesses and contribute to the island's economic development READ MORE >>

Cryptocurrencies, a new resource available to businesses in Cuba 29/09/2021 Cuban Desk It is not clear if the use of cryptocurrencies in Cuba could circumvent the blockade provisions or not, but it could facilitate payment between Cuban companies, including those that are the subject of foreign investment, in their commercial relations with other Cuban and foreign companies. READ MORE >>

Andersen in Spain strengthens its position among the best law firms for international advice in Cuba in the Latin America 2022 guide published by Chambers & Partners 16/09/2021 Cuban Desk Ignacio Aparicio consolidates his position in the individual ranking as one of the best Corporate / M&A lawyers for companies doing business on the island. READ MORE >>

New measures in Cuba on the exercise of private activity 31/08/2021 Cuban Desk On August 19, 2021, the regulations governing the exercise of private activity, including (i) self-employed workers, (ii) MSMEs and (iii) non-agricultural cooperatives, were published in the Official Gazette of Cuba No. 94 Ordinary READ MORE >>

Helms Burton Act: new lawsuit under Title III and appeal in favour of American Airlines 09/08/2021 Cuban Desk The Court argues that if the property giving rise to the claim was seized prior to March 12, 1996, a U.S. national cannot bring an action under the HBA unless he acquired title to his right to the claim prior to March 12, 1996 READ MORE >>

The case against Pernod Ricard, S.A. is dismissed under Title III of the Helms-Burton Act 23/06/2021 Cuban Desk In this lawsuit, the defendant was accused of engaging in "trafficking" with respect to assets confiscated from the plaintiffs' family by the Cuban government after 1st January 1959 READ MORE >>

Cuba updates the system of foreign company commercial representation 11/06/2021 Cuban Desk On June 7th 2021, a batch of standards was published in the Ordinary Official Gazette of the Republic of Cuba No. 63, updating the legal regime of branches and representations of foreign companies READ MORE >>

Helms Burton Title III plaintiffs reach settlement with defendant LafargeHolcim 01/06/2021 Cuban Desk The lawsuit, filed by the Clafin family, was based on the use of property confiscated by the Cuban government READ MORE >>

Investing in Cuba, a new opportunity for the Portuguese market 21/05/2021 Tax, Cuban Desk Andersen in Spain and Andersen in Portugal jointly organised the event "New horizon for investments in Cuba, new business opportunities for Portugal", to discuss the investment opportunities that are opening in the new context on the island. READ MORE >>