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Cornelia Hernandez has filed suit against Citibank in Miami seeking payment for her late father's certificate of deposit, which was bought in 1958, later confiscated by Fidel Castro's regime and is now said to be worth nearly $15 million. If she succeeds -- and if she uncovers evidence that the bank never repaid other deposits made by Cubans before the 1960s -- it could pose big problems for U.S. banks that operated in Cuba before the revolution.
April 19, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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