{"id":12475,"date":"2025-04-08T09:49:44","date_gmt":"2025-04-08T13:49:44","guid":{"rendered":"https:\/\/www.radioguantanamo.icrt.cu\/english\/?p=12475"},"modified":"2025-04-08T10:53:05","modified_gmt":"2025-04-08T14:53:05","slug":"cuba-is-denied-appeal-in-case-against-crf-fund","status":"publish","type":"post","link":"https:\/\/www.radioguantanamo.icrt.cu\/english\/cuba-is-denied-appeal-in-case-against-crf-fund\/","title":{"rendered":"Cuba is denied appeal in case against CRF fund"},"content":{"rendered":"<p><span lang=\"EN-US\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-12476\" src=\"https:\/\/www.radioguantanamo.icrt.cu\/english\/wp-content\/uploads\/2025\/04\/corte-suprema-britanica-negacion-apelacion-banco-cubano.png\" alt=\"\" width=\"700\" height=\"400\" srcset=\"https:\/\/www.radioguantanamo.icrt.cu\/english\/wp-content\/uploads\/2025\/04\/corte-suprema-britanica-negacion-apelacion-banco-cubano.png 700w, https:\/\/www.radioguantanamo.icrt.cu\/english\/wp-content\/uploads\/2025\/04\/corte-suprema-britanica-negacion-apelacion-banco-cubano-300x171.png 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/>The UK Supreme Court has refused to entertain the appeal filed by the National Bank of Cuba against the decision in its legal dispute with the speculative fund CRF.<\/span><\/p>\n<p><span lang=\"EN-US\">According to Humberto L\u00f3pez, a Cuban television journalist, who shared the news on Facebook, the Caribbean nation received the notification of this decision on Monday.<\/span><\/p>\n<p><span lang=\"EN-US\">The position is founded, as several reports indicate, on the premise that the appeal does not raise a question of disputed legal principle or of public interest.<\/span><\/p>\n<p><span lang=\"EN-US\">Following the Court&#8217;s decision to retain the Cuban Bank in the proceedings regarding alleged non-repayment of loans to the Vulture Fund, as designated by the Antillean government, the decision was challenged in the highest court of the European nation.<\/span><\/p>\n<p><span lang=\"EN-US\">L\u00f3pez stated that, as has been the case throughout this legal procedure, there has been a substantial amount of false and inaccurate information regarding its progress and consequences.<\/span><\/p>\n<p><span lang=\"EN-US\">One of the most prevalent misconceptions in this context is that Cuba has failed in this endeavor and the English courts have pronounced judgment against the Cuban government.<\/span><\/p>\n<p><span lang=\"EN-US\">It is also a falsehood that Cuba must pay substantial sums, with the Vulture Fund acting as a creditor to the island and its National Bank.<\/span><\/p>\n<p><span lang=\"EN-US\">Similarly, it is not accurate to assert that CRF is a serious economic entity and asserts its legitimate rights, solely with the purpose of recovering a valid debt and without any intention to harm Cubans.<\/span><\/p>\n<p><span lang=\"EN-US\">As emphasized in the journalist\u2019s post, Cuba is not involved in the process and is not connected to the vulture fund.<\/span><\/p>\n<p><span lang=\"EN-US\">In this sense, the English Court confirmed as of April 2023 that CRF is not a creditor of the Cuban government.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK Supreme Court has refused to entertain the appeal filed by the National Bank of Cuba against the decision in its legal dispute with the speculative fund CRF. According to Humberto L\u00f3pez, a Cuban television journalist, who shared the news on Facebook, the Caribbean nation received the notification of this decision on Monday. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12476,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,12],"tags":[],"class_list":["post-12475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cuba","category-internacionales"],"_links":{"self":[{"href":"https:\/\/www.radioguantanamo.icrt.cu\/english\/wp-json\/wp\/v2\/posts\/12475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.radioguantanamo.icrt.cu\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.radioguantanamo.icrt.cu\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.radioguantanamo.icrt.cu\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.radioguantanamo.icrt.cu\/english\/wp-json\/wp\/v2\/comments?post=12475"}],"version-history":[{"count":1,"href":"https:\/\/www.radioguantanamo.icrt.cu\/english\/wp-json\/wp\/v2\/posts\/12475\/revisions"}],"predecessor-version":[{"id":12477,"href":"https:\/\/www.radioguantanamo.icrt.cu\/english\/wp-json\/wp\/v2\/posts\/12475\/revisions\/12477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.radioguantanamo.icrt.cu\/english\/wp-json\/wp\/v2\/media\/12476"}],"wp:attachment":[{"href":"https:\/\/www.radioguantanamo.icrt.cu\/english\/wp-json\/wp\/v2\/media?parent=12475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.radioguantanamo.icrt.cu\/english\/wp-json\/wp\/v2\/categories?post=12475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.radioguantanamo.icrt.cu\/english\/wp-json\/wp\/v2\/tags?post=12475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}