Bacardi Makes Its Case To U.S. Government In Effort To Regain Havana Club TrademarkFebruary 16, 2016
Bacardi Ltd. has officially petitioned the U.S. government to reverse a recent decision on the Havana Club trademark—and return it to Bacardi. The Coral Gables, Florida-based Bacardi USA made its case in a submission to the U.S. Office of Foreign Assets (OFAC). The submission contends that “OFAC’s decision to grant the license to the Cuban government reverses it prior decision in 2006 to deny that very same license and contradicts its own defense of that decision in various U.S. courts,” according to Eduardo Sánchez, senior vice president and general counsel, Bacardi. “OFAC has acted in violation of well-settled U.S. law and Congressional intent in a covert action that is unjustified in law. We request that OFAC revoke (the Havana Club license) retroactively to prevent Cuba—and its business partner Pernod Ricard—from their continued trafficking in illegally confiscated property.”Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.