Corporate/Commercial: International Firms - Cuba
What the Team is Known For
Akerman ascends to the top band this year due to outstanding market support. The firm has a solid Cuba practice based in Miami. The team accompanies US company executives on trips to Cuba to explore permissible business activities as well as advising them on obtaining Office of Foreign Assets Control licences to set up commercial operations in Cuba. The department is particularly active in the entertainment, tourism and transportation sectors, with a strong track record helping cruise liners to set up routes between Florida and Cuba.
Strengths
"Akerman's lawyers are very dedicated. They really know their stuff when it comes to compliance with US regulations in Cuba and strive to come up with tailored solutions."
"Akerman's customer service is exceptional, the best I have seen. First and foremost, I would like to highlight their responsiveness, as well as their approachability, passion and sound judgement."
Work Highlights
Akerman advised VaCuba on Office of Foreign Assets Control (OFAC) regulatory compliance, including the design and implementation of a new remittance-related payments structure to ensure ongoing compliance with federal regulations.
Notable Practitioners
Distinguished partner and co-head of department Augusto Maxwell climbs the rankings this year after receiving widespread market acclaim. He frequently assists US multinationals with obtaining OFAC licences to do business in Cuba. He is also adept at handling remittance claims. "Augusto Maxwell is very familiar with OFAC laws regarding trade relations in Cuba. He guides his clients to the next level."
Pedro Freyre is based out of Akerman's Miami office and frequently advises on Title III-related claims or Helms-Burton cases. He also offers extensive experience assisting clients with obtaining OFAC licences. "Pedro Freyre is very dedicated to his clients. He gives them peace of mind and is consistent in his work."