US Companies Prepare to Profit From Regime Change in Cuba
Eyeing a possible regime change in Cuba, US corporations see an opportunity to recoup assets lost in revolutionary seizures many decades ago. The Supreme Court, at the urging of the Trump administration, might soon clear the way for them.
Cuban American hard-liners and fossil fuel giants are adopting an overt strategy of lawfare against Cuba. Encouraged by Donald Trump, a Republican-dominated Supreme Court could soon give the project crucial support. (Andrew Caballero-Reynolds / AFP via Getty Images)
As President Donald Trump gestures toward regime change in Cuba, the US Supreme Court, with Trump’s urging, has agreed to hear lawsuits that could help corporate interests recoup hundreds of millions of dollars in long-expropriated Cuban assets if the United States seizes control of the nation.
One of those lawsuits involves an oil giant claiming damages from Cuban companies for decades-old revolutionary asset seizures. The other, which one of the plaintiffs calls the most important Supreme Court case on Cuba “in the past sixty years,” involves the scion of a fascist-friendly corporate empire who’s taken credit for Trump’s hardline stance on Cuba and is seeking compensation for a 122-year-old expired pier contract.
Together, they build on long-dormant anti-Cuban foreign policy weaponized by Trump and push the court to extend US law beyond its borders to retroactively punish a foreign revolution — and deliver the spoils to profiteers.
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