Supreme Court Lets Exxon Sue Cuba

WashingtonSupreme Court stripped Cuba of sovereign immunity.

A 6-3 ruling held Helms-Burton strips Cuba’s state firms of that shield, exposing 65-year-old nationalizations to US courts for the first time.

Nearly 6,000 claimants holding $1.9bn in frozen Cuban assets, the Justice Department found, can now file suit.

Sources: Bloomberg Business, Al Jazeera Online