The U.S. Supreme Court agreed to hear ExxonMobil’s case seeking compensation from Cuban state-owned firms for oil and gas assets seized in 1960 under the Helms-Burton Act. Another case involves a Delaware-registered company seeking $440 million in judgments against cruise lines that used port facilities seized by Cuba in 1960. Both cases are set to be heard during the upcoming nine-month term. The lawsuits stem from property confiscated by the Cuban government post-1959, with the Helms-Burton Act allowing U.S. nationals to sue individuals involved in trafficking confiscated property.

Read more at Yahoo Finance: US Supreme Court to hear Exxon bid for compensation from Cuban entities