US Supreme Court OKs ExxonMobil lawsuit over Castro-era property seizure (opens original article in a new tab)

US Supreme Court allowed ExxonMobil to sue Cuban state-owned companies over property seized during Castro's era, citing the Helms-Burton Act that removes sovereign immunity for such cases.

• US Supreme Court ruled 6-3 that ExxonMobil can sue Cuban state-owned companies over property seized after Fidel Castro's era
• Court reversed lower court's decision that Cuban companies were immune from US lawsuits under foreign sovereign immunity
• Helms-Burton Act of 1996 allows private suits against Cuban agencies and instrumentalities, removing their immunity from US courts
• ExxonMobil seeks compensation for assets confiscated from its predecessor, including 100 service stations and an oil refinery