Cuba: An End to U.S. Waivers Spells Trouble for Venezuela -- and Foreign Firms

For 23 years, U.S. administrations waived Title III of the Helms-Burton Act over fears of complicating U.S.-European relations. On April 17, the Trump administration announced it will not renew the waivers before they expire on May 2. The expiration of the waivers will allow Americans to file suit in U.S. federal courts over property expropriated by the Cuban communist government. This opens the way for some 6,000 lawsuits worth an estimated $1.9 billion (not including decades in interest)....