Washington – The U.S. Supreme Court is examining the scope of a 1996 law that allows American companies to seek compensation for assets confiscated by Cuba, a move that comes as tensions between the two nations remain high. The court heard arguments on Monday, February 23, 2026, in two cases related to the Helms-Burton Act, which permits lawsuits in U.S. Courts against those who “traffic” in property seized by the Cuban government following the 1959 revolution.
One case involves ExxonMobil’s claim for over $1 billion in damages from Cuban state entities for oil and gas assets confiscated in 1960. According to reports, Exxon accused Corporación CIMEX, Cuba’s largest business conglomerate, of continuing to benefit from these seized assets.
The other case centers on whether four cruise line operators – Carnival, Royal Caribbean, Norwegian Cruise Line, and MSC Cruises – can be held liable for using docks built by an American company that were also confiscated by Cuba in 1960. The arguments in the cruise line case were heard first. Sources indicate that the rulings in both “Exxon Mobil vs. Corporación Cimex” and “Royal Caribbean Cruises” could set a precedent for future claims regarding confiscated properties in Cuba.
The Trump administration has voiced its support for ExxonMobil in the litigation, signaling a continued effort to increase pressure on the Cuban government. The Supreme Court’s consideration of these cases underscores the ongoing legal battles surrounding property claims dating back to the Castro era. The outcome of these cases could open the door to a wave of similar lawsuits against Cuban entities and potentially impact foreign investment on the island.
The development highlights the complex interplay between U.S. Law, international property rights, and the ongoing political relationship between the United States and Cuba.
