US Supreme Court boosts Exxon's bid to get compensation from Cuba
Key takeaways
- US Supreme Court boosts Exxon's bid to get compensation from Cuba FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015.
- WASHINGTON, June 23 (Reuters) - The U.S.
- In a 6-3 decision, the court said a legal defense called foreign sovereign immunity, which generally prohibits U.S.
US Supreme Court boosts Exxon's bid to get compensation from Cuba FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. REUTERS/Lucas Jackson/File Photo/File Photo · Reuters By Jan Wolfe Tue, June 23, 2026 at 9:15 PM GMT+7 3 min read XOM By Jan Wolfe
WASHINGTON, June 23 (Reuters) - The U.S. Supreme Court made it easier on Tuesday for U.S. companies to seek compensation from Cuba s government for property seized decades ago by former leader Fidel Castro s government, ruling in favor of ExxonMobil in its lawsuit against Cuban state-owned firm Corporación CIMEX.
In a 6-3 decision, the court said a legal defense called foreign sovereign immunity, which generally prohibits U.S. lawsuits against foreign governments and their agents, is not available in cases like the one Exxon brought against CIMEX under a 1996 U.S. law called the Helms-Burton Act.