Click here to download the agenda.
BY MIMI WHITEFIELD
Regulations governing the United States’ new commercial opening toward Cuba were announced in January, but so far there have been few takers.
Most businesses are still kicking the tires when it comes to Cuba and trekking to the island, often with lawyers in tow, to assess the opportunities and risks. A trade delegation led by New York Gov. Andrew Cuomo last week, however, reported progress had been made on deals in the telecom and healthcare fields — two areas where U.S. businesses are allowed to engage with the Cuban government under the new U.S. Cuba policy.
But even when Cuba is removed from the list of state sponsors of terrorism, a designation that carries some financial sanctions, analysts say they don’t expect it will set off a business stampede either.
“I think people are reevaluating but they are waiting until the 45-day waiting period is up before taking the next step,” said Fernando Capablanca, managing director of White Cap Consulting Group and president of the Cuban Banking Study Group. “I think everyone wants to pay it very safe — what’s 45 days after 55 years?”
In December President Barack Obama announced a new policy of engaging Cuba after more than half a century of trying to bring about change through isolating the island, and on April 14, he informed Congress that he intended to remove Cuba from the terrorism list, starting the clock ticking on the waiting period.
Laura M. Reich has accepted a position as Head of Litigation at Tenzer PLLC. Located in the Brickell Financial District, Tenzer PLLC serves domestic and international clients and offers the experience of an international law firm with the personal attention and service of a boutique practice. She will continue to focus her practice on complex commercial litigation and arbitration.
Michelle Rehwinkel Vasilinda is pleased that during the 2013 Legislative session they were able to secure long needed pay raises for our hard working public servants, restore funding to our schools and guarantee that our teachers are also rewarded for their hard work. She is also pleased to report that they were able to fend off any changes to the Florida Retirement System, but that battle is not over.
More information may be found on Rep. Rehwinkel Vasilinda’s website: www.votemichelle.com
Visit the official Florida House of Representatives website at: Myfloridahouse.gov
need-to-know information and best-practices that impact the practice of international law.
The Florida Bar
651 E. Jefferson Street
Tallahassee, Florida 32399-2300