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Reuters
Reuters
Business
By Marc Jones

Cuba begins London court battle over unpaid Castro-era debt

FILE PHOTO: Students hold images of the late Cuban President Fidel Castro during an event commemorating the five year anniversary of his death, in Havana, Cuba, November 24, 2021. REUTERS/Alexandre Meneghini/File Photo

Cuba began a high-stakes legal battle in London's High Court on Monday over unpaid Fidel Castro-era government debt now held by one of the communist-run country's creditors.

    The 8-day case will be closely watched by other creditors who between them have struggled to recoup an estimated $7 billion of defaulted loan from Havana.

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