# Professor Roy Smith on the financial claims that may be addressed with improved US-Cuba relations

1 Faculty News July 19, 2015 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](http://www.nytimes.com/2015/07/20/world/americas/as-us-and-cuba-relations-warm-property-claims-issue-is-revived.html) -- "According to a 2014 Treasury Department report, $270 million worth of Cuban assets are frozen in United States bank accounts. 'It’s going to be a mess that may not get resolved for many, many years,' said [Roy C. Smith](http://www.stern.nyu.edu/faculty/bio/roy-smith), a finance professor at N.Y.U.’s Stern School of Business who has also studied the claims."

[Read more](http://www.nytimes.com/2015/07/20/world/americas/as-us-and-cuba-relations-warm-property-claims-issue-is-revived.html)