The fall of the Berlin Wall in November 1989 and the breakup of the Soviet Union in December 1991 became the precursors for the collapse of the Cuban economy, central to which were the Soviet oil-forsugar swaps over the preceding three decades. At its zenith, this barter arrangement provided the financial basis for Cuba to […]
Comments by Ralph J. Galliano on “Economic Factors in Selecting an Approach to Expropriation Claims in Cuba” by Rolando Castañeda and George Plinio Montalván
It is important to draw a distinction between the terms “expropriated property” and “confiscated property” inasmuch as “expropriated property” implies compensation in return for the taking of property while “confiscated property” explicitly infers there has been no compensation forthcoming. Given the authors’ selected title, the opportunity to develop what would otherwise be the heart-and-soul of […]