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US Top Court Sides With ExxonMobil In $1 Billion Cuban Damages Case (opens original article in a new tab)

TL;DR

US Top Court Sides With ExxonMobil In $1 Billion Cuban Damages Case. Exxon had sued Cuban state-owned companies Union Cuba-Petroleo (CUPET) and CIMEX seeking more than $1 billion in damages for the seizure of its property.

  • US Supreme Court ruled in favor of ExxonMobil in a $1 billion Cuban damages case
  • ExxonMobil sued Cuban state-owned companies CUPET and CIMEX for property seizure
  • Case involved claims of over $1 billion in damages

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