Chambers Review
Provided by Chambers
Corporate/Commercial: International Firms - Cuba
What the Team is Known For
Akerman's market-leading practice group elicits 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, 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 of helping cruise liners to set up routes between Florida and Cuba.
Strengths
Akerman's lawyers fully engage with the matters at hand. They are creative and deeply involved. The quality of their work speaks for itself.
Akerman has a deep understanding of both US and Cuban regulations, complemented by an excellent network. Clients benefit from strong support, receiving the team's full attention and swift responses.
Work Highlights
Akerman advised Pearl Merchandising & Distribution on export, sanctions and corporate distribution matters, ensuring it was all in line with the Office of Foreign Assets Control of the U.S. Treasury (OFAC) and U.S. Department of Commerce's BIS compliance.
Notable practitioners
Distinguished partner and co-head of department Augusto Maxwell enjoys 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 not only a highly professional and knowledgeable expert in his field, but also a remarkable human being. Working with someone so well-rounded is truly a pleasure.
Pedro Freyre rises in the rankings this year, drawing strong praise from peers and clients alike. He 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 a highly experienced professional with strong business acumen. He understands issues thoroughly and is able to see both sides, offering smart and balanced advice.