43rd Libertad Act Lawsuit Filed In Delaware. Previous Plaintiff Lawsuit Dismissed In Texas. New Plaintiff, Same Defendant.

SIERRA ET AL V. TRAFIGURA TRADING, LLC (1:22-cv-00366; Delaware District).

Cross Castle LLC (plaintiff)
McGuire Woods LLP (defendant)

Order (3/15/22)
Complaint (3/22/22)
Link To Libertad Act Lawsuit Filing Statistics

Excerpts From Complaint: 

Defendant is trafficking in the Confiscated Property in violation of the Act. Specifically, Defendant causes, participates in, and/or profits from the Trafigura Group’s and its Mining Group’s mining operations in Cuba, and those mining operations use the Confiscated Property. 73. According to their 2016 Annual Report, the Trafigura Group and its Mining Group entered into a joint venture with the Cuban Government to make a large investment in mining operations on the island: “The project is another illustration of Trafigura Mining Group’s ability to put its expertise and investment to work in challenging economic or political environments. Work is so far proceeding to plan, and the mine is expected to start production towards the end of 2017.” 74. The mining operation—referred to as the Castellanos lead and zinc mine—is conducted through EMINCAR, a joint venture between the Trafigura Group including its Mining Group (which owns a 49 percent interest) and Cuban state agency Geominera (which owns a 51 percent interest). With a capital outlay equivalent to $230 million, construction was completed in 18 months from start to finish. According to financial reports, the Trafigura Group and its Mining Group invested at least $230 million in the venture through a loan to EMINCAR. 

Links To Related Posts About Plaintiff 

HILDA M. CASTANEDO ESCALON, AS PERSONAL REPRESENTATIVE OF THE ESTATE OF HILDA CASTANEDO AND THE ESTATE OF EMMA DIAZ, Plaintiffs, v. TRAFIGURA TRADING, LLC, TRAFIGURA PTE LTD, TRAFIGURA GROUP PTE LTD, Defendants. (4:21-cv-00659; Texas Southern District).  Dismissed 3/15/22. 

34th Libertad Act Lawsuit Filed: Trafigura Of Singapore Sued For Using Two Ports (Including Mariel) And Other Mining Assets.  March 05, 2021