As President Joe Biden’s administration is set to ease restrictions on Cuba to allow more U.S. financial support of entrepreneurs and small businesses, Akerman's national leading Cuba team commented in various media about the significance of these regulatory changes and their impact on the island nation's emerging private sector.
Senior Policy Consultant Matthew Aho was quoted in the Miami Herald: “In theory, some of these measures, such as access to U.S. bank accounts from Cuba, could be a game-changer for Cuban entrepreneurs who deal with hyperinflation and severe limits on access to the international banking system. The true impact of these rules will depend on how expansive the new authorizations are and whether they provide enough clarity for U.S. companies to act.”
International Practice Chair Pedro Freyre and Cuba Practice Chair Augusto Maxwell appeared in Bloomberg News, NBC, Telemundo, and other media.