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2 weeks ago

Cruise giants could owe $440M after Supreme Court rules they used property seized in Cuba revolution

The Supreme Court dealt a major blow Thursday to four major cruise lines accused of profiting from Cuban property seized during Fidel Castro’s communist revolution, reviving lawsuits that could cost the companies hundreds of millions of dollars.In an 8-1 ruling, the justices sided with Havana Docks Corporation, a U.S. company that once operated docks in Havana before the Cuban government took the property in 1959.The decision revives more than $440 million in judgments against Carnival, Norwegian Cruise Line, Royal Caribbean and MSC Cruises for using the Havana port during the Obama-era thaw i...