IP Subcommittee to Hold Hearing on Confiscated Property in Cuba
February 10, 2016
Washington, D.C. – On Thursday, February 11, 2016 at 5:00 p.m., the Courts, Intellectual Property, and the Internet Subcommittee will hold a hearing titled, “Resolving Issues with Confiscated Property in Cuba, Havana Club Rum and Other Property.” At the hearing, members will examine the issue of private and religious property, including trademarks, that were seized by the Cuban government between 1959 and 1961 with little to no compensation. In the early 1960’s, the Foreign Claims Settlement Commission (FCSC) at the Department of Justice was tasked with documenting a comprehensive list of claims by American citizens and businesses for their expropriated property in Cuba. In 1972, FCSC certified over 7,000 claims. These claims, including interest, are currently valued at over $7 billion.
Witnesses for Thursday’s hearing are:
Panel One
- The Honorable Kurt Tong, Principal Deputy Assistant Secretary, Bureau of Economic and Business Affairs, U.S. Department of State
- Ms. Mary Denison, Commissioner for Trademarks, U.S. Patent and Trademark Office
- Mr. Rick Wilson, Senior Vice President, Bacardi-Martini, Inc.
- Mr. William A. Reinsch, President, National Foreign Trade Council
- Mr. Mauricio J. Tamargo, Poblete Tamargo, LLP
- Ms. Lilliam Escasena, Cuban Property Claimant, Miami, Florida