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:
- Antonio C. Martinez II, of counsel to Gerstman Schwartz Malito, LLP, New York.
- James M. Meyer, Harper Meyer Perez Hagen, O’Connor Albert & Dribin LLP, Miami.
- Nancy M. Thevenin, Thevenin Arbitration & ADR, LLC, New York.
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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Catherine Klasne (cklasne@uww-adr.com)