Havana Docks Corp. v. Royal Caribbean Cruises, Ltd. · ¶9

In 1928, the United States-based Havana Docks Corporation acquired a property interest, specifically a “usufructuary concession,” that allowed it to develop and operate dock facilities at the state-owned Port of Havana. A usufruct is a right to use, enjoy, or proft from another's property, 2 G. Cabanellas de las Cuevas & E. Hoague, Butterworths Spanish/English Legal Dictionary 659 (1991); F. Moore, The Cyclopedic Law Dictionary 1141 (3d ed. 1940), and a concession is a privilege granted by the government, Black's Law Dictionary 361 (rev. 4th ed. 1968). Relying on this usufructuary concession from the Cuban Government, Havana Docks completed a large terminal building and three piers—which we collectively refer to as the “docks”—at the Port of Havana.

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