MIAMI (April 6, 2016) -- Mediator/Arbitrator
Ricardo J. Cata will moderate an April 13 panel discussion, "The Role of Mediation in Resolving U.S. Claims Against Cuba," at the American Bar Association Section of International Law 2016
Spring Meeting in New York City.
Mediator Ricardo J. Cata
As normalization of U.S.-Cuba relations intensifies, so do the questions surrounding what will happen if individual transactions and longer-term deals go wrong in the future. It was recently addressed by Monika Gonzalez Mesa in a
story for the South Florida Daily Business Review. No doubt, it will be hard to overcome history.
A summary for Mr. Cata's upcoming panel explains: The U.S. and Cuban governments are already negotiating thousands of certified U.S. claims against Cuba, "with an estimated value of $8 billion, and three court judgments, with present value of over $3 billion." In return, Cuba asserts $157 billion in damages from the U.S. embargo and $270 million of assets frozen in U.S. banks.
These claims pose not only obstacles to private U.S. investment in and commerce with Cuba, but also a timely opportunity to consider mediation as a tool to assist with their resolution.
The International Mediation Committee and Latin America and Caribbean Committee of the ABA Section of International Law are sponsoring the program from 4:30 to 6 p.m. at the Grand Hyatt New York. Mr. Cata, who was born in Cuba and is Miami-based, is also the program chair.
The panel consists of these speakers:
Pre-registration for the conference is now closed, but on-site registration will be available in Ballroom I (exhibit hall) at the Hyatt throughout the conference.
About Upchurch Watson White & Max
A nationally leading mediation specialty firm, Upchurch Watson White & Max is known for facilitating reasonable agreements to resolve complex issues. From eight offices in Florida and Alabama, Supreme Court certified attorney mediators with wide-ranging specialties serve as court-appointed and privately employed mediators, arbitrators and third-party neutral case managers, implementing innovative methods of alternative dispute resolution across the country. On the Web: uww-adr.com
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