Cuban Desk

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 Cuban Desk, Litigation and Arbitration, Banking and Finance, Corporate and M&A, Energy & Natural Resources 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 Cuban Desk, Tax 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 >>

New lawsuit under Title III of Helms-Burton between sugar mills. Francisco Industries, Inc. v. ASR Group International, Inc. 17/05/2021 Cuban Desk The lawsuit alleges that ASR has engaged in "trafficking" because it knowingly and intentionally profited from the assets once confiscated from the defendant through its business activity READ MORE >>

Proceedings against Meliá regarding the management of hotels on Cuban soil are closed for lack of jurisdiction of Spanish courts 07/05/2021 Cuban Desk Although the Spanish courts have been the connoisseurs of the matter and the legal arguments used are in accordance with Spanish regulations, this lawsuit has been contextualized with the activation by the government of Donald Trump of Title III of the Helms Burton Law in 2019 READ MORE >>

Latest court decision in Exxon v. CIMEX and CUPET lawsuit under Title III of the Helms-Burton Act 29/04/2021 Cuban Desk The Court analyses the exemption of foreign states from immunity from prosecution and calls for evidence to clarify the application of the commercial activity exception READ MORE >>

Helms Burton lawsuit against Tripadvisor, Booking, Expedia & Visa, Mastercard dismissed at first instance 05/04/2021 Cuban Desk The main reason for the Court's decision to dismiss the claim is that the LHB requires the Claimant to have acquired title to the claim to the confiscated property prior to 12th March 1996 READ MORE >>

New lawsuit under Title III of the Helms-Burton Act 09/03/2021 Cuban Desk Against a Singapore company READ MORE >>

New horizon in US-Cuba relations 08/03/2021 Cuban Desk Ignacio Aparicio analyses the United States-Cuba Trade Act of 2021. The Democratic Senate will be guiding the new Biden Administration to carry out, in this mandate and in a resolute manner, the reconciliation in the business between the US and Cuba, at a time when it is assessing which measures of the Trump Administration should be reversed and in what order. READ MORE >>

The United States-Cuba Trade Act Of 2021 22/02/2021 Cuban Desk The bill aims to reestablish normal trade relations between Cuba and the U.S. READ MORE >>

Chambers & Partners highlights Andersen’s Dispute Resolution and Corporate M&A practice areas in the ranking Chambers Global 2021 18/02/2021 Corporate and M&A, Cuban Desk, Litigation and Arbitration The editorial highlights the areas of Dispute Resolution and Corporate / M&A and includes in the ranking Ignacio Aparicio as Foreign Expert in Cuba and Íñigo Rodríguez-Sastre as a leading lawyer in Dispute Resolution, with Elena Sevila joining for the first time in the Up & Coming category READ MORE >>

Cuba, an investment destination? 10/02/2021 Cuban Desk Ignacio Aparicio analyzes this year's forecasts and the situation in Cuba at the investment level READ MORE >>

Chambers & Partners highlights Andersen as international firm in Cuba in its Latin America 2021 ranking 03/09/2020 Corporate and M&A, Cuban Desk The Chambers Latin America 2021 guide recognises the Andersen Cuban desk director Ignacio Aparicio, in the Corporate/Commercial area: International firms in Cuba individual ranking READ MORE >>

The impact of Helms-Burton one year after the activation of Title III by the Trump Government 27/07/2020 Cuban Desk Ignacio Aparicio analyses the impact of Trump's decision on the assets confiscated by Fidel in Cuba READ MORE >>

Cuba: a year of the Helms-Burton 19/05/2020 Cuban Desk Ignacio Aparicio takes stock of the impact of Title III since its entry into force and analyzes the prospects for Cuba and companies doing business on the island READ MORE >>

Andersen Tax & Legal advises Imperial Brands on Tabacalera´s sale 07/05/2020 Cuban Desk Andersen advises the company on all aspects of the sale of the business in Cuba and on the legal implications of the transaction in Spain READ MORE >>

US can veto directors of Spanish companies 07/02/2020 Cuban Desk Ignacio Aparicio explains that it is not necessary for companies to have been sued in U.S. courts for their business in Cuba to bar their executives from entering in Vozpópuli READ MORE >>

US activates enforcement of Title IV of the Helms Burton Act 06/02/2020 Cuban Desk Ignacio Aparicio analyzes in El Periódico the rule that prevents the entry to the USA of company managers with complaints about their business in Cuba READ MORE >>

The Helms-Burton Earthquake hits NH with million-dollar lawsuit in U.S. 04/02/2020 Cuban Desk Ignacio Aparicio explains that the lack of a connection in time between the start of NH's management of the hotel and the applicant's damage would make it impossible to prove his right to compensationin Vozpópuli READ MORE >>

Spanish hotel companies in Cuba armour themselves against Trump’s wager 21/01/2020 Corporate and M&A, Cuban Desk Ignacio Aparicio analyzes possible claims against tourism companies with interests in the island after the activation of the Helms-Burton Act READ MORE >>

Prospects for foreign investment in Cuba 16/01/2020 Cuban Desk Adargelio Garrido on investment in Cuba after activation of Title III of the Helms-Burton Act READ MORE >>

Cuba: Title III of the Helms Burton Act is six months old 28/11/2019 Cuban Desk Ignacio Aparicio analyzes in Expansión the US measures against Cuba, the response of the international community and the possible implications for the process of impeachment to Trump. READ MORE >>

What is the Helms-Burton law, the law that keeps Spanish companies in check in Cuba? 11/11/2019 Cuban Desk Ignacio Aparicio explains the keys to the Helms Burton law in a guide published in Vozpópuli READ MORE >>

Helms-Burton: Government clarifies how to deal with notifications of claims for companies 08/11/2019 Cuban Desk Andersen Tax & Legal participates in the Government's meeting with companies and legal advisors to report on the European Union's Blockade Statute that protects Spanish companies from lawsuits in the US based on Helms-Burton, according to Voz Populi READ MORE >>

From Meliá to BBVA: the companies sued under the Helms-Burton Act 14/10/2019 Cuban Desk Ignacio Aparicio explains in an article in Vozpópuli that a class action lawsuit by companies affected by the Helms-Burton Act has more weight and relevance than an individual claim READ MORE >>

Imperial Brands listens to offers to sell Tabacalera for 2 billion 05/08/2019 Cuban Desk Andersen Tax & Legal advises in the sale of Tabacalera READ MORE >>

Helms-Burton Act unleashes historic legal battle 23/07/2019 Cuban Desk Ignacio Aparicio explains the concept of 'trafficking' contained in the Helms-Burton Law and how it can affect Spanish hoteliers in Cuba in an article published by Expansión READ MORE >>

‘Helms-Burton Act’: What to do if you receive a demand letter? 22/07/2019 Cuban Desk Ignacio Aparicio analyses the steps that companies affected by the Helms-Burton Act should take if they receive a demand letter in an article published by Cinco Días READ MORE >>

The first lawsuits against hoteliers under the Helms-Burton Act begin to take shape 22/05/2019 Cuban Desk Ignacio Aparicio analyses the lawsuits that begin to be filed after the Helms-Burton law in an article published by Voz Populi READ MORE >>

The U.S. May Deny Visas to Spanish Directors Sued by Trump’s Law Against Cuba 06/05/2019 Cuban Desk Ignacio Aparicio comments on article IV of the Helms-Burton law where one of the main concerns of multinationals exists in a report published by Vozpópuli READ MORE >>

EU accuses US of violating bilateral agreements by implementing Helms-Burton Act 03/05/2019 Cuban Desk Ignacio Aparicio talks about the Spanish hotel industry investment in Cuba in a report published in Cinco Días READ MORE >>

The Helms-Burton law worries Spanish firms in Cuba 02/05/2019 Cuban Desk Ignacio Aparicio talks about the situation that could affect different companies operating in Cuba in El Periódico de Cataluña READ MORE >>

Hotel Companies prepare themselves for the lawsuits for seizures in Cuba 29/04/2019 Cuban Desk Ignacio Aparicio talks about the impact of the unblocking of the Helms Burton Act in a report published by Cinco Días Thursday opens the deadline in the U.S. to claim goods confiscated by Castroism. Meliá and Iberostar are the most affected chains READ MORE >>

Trump vs Cuba: Helms-Burton is not the end 24/04/2019 Cuban Desk Ignacio Aparicio analyses the diverse measures of great significance against Cuba by the Trump Administration for the newspaper Expansión READ MORE >>

Spanish companies worried about Trump’s latest decision on Cuba 18/04/2019 Cuban Desk Ignacio Aparicio comments on the U.S. decision to lift the suspension of Title III of the Helms Burton Act in an article published by the newspaper Las Provincias. READ MORE >>

Spanish companies armour themselves against future expropriations of US assets in Cuba 27/03/2019 Cuban Desk Ignacio Aparicio comments on the impact of the unblocking of the Helms Burton Act in a report published by Cinco Días READ MORE >>

Trump jeopardizes Spanish investments in Cuba 25/03/2019 Cuban Desk Ignacio Aparicio analyses the consequences of Heading III of the Helms Burton Act which, from April 17, will allow U.S. nationals to sue for property confiscated or nationalized on the island for the El País newspaper READ MORE >>

Helms-Burton Act, what will happen in Cuba from April 17? 06/03/2019 Cuban Desk An article about Helm-Burton Act in Cinco Dias by Ignacio Aparicio Ramos, partner of Andersen Tax & Legal and director of the firm’s Cuban Desk READ MORE >>

Foreign investment in Cuba: new opportunities for 2019 14/02/2019 Cuban Desk Ignacio Aparicio writes in El Economista about the new portfolio of opportunities for foreign investment in Cuba for 2019 READ MORE >>

Cuba must face the new challenges of the economy by boosting domestic production and foreign investment 22/05/2018 Cuban Desk Event about New Government in Cuba in which he renowned Cuban economist Pavel Vidal and Jaime Olleros participate READ MORE >>