2 unchanged sentences
District Court for the Southern District of Florida (the "Court") under Title III of the Cuban Liberty and Democratic Solidarity Act, also known as the Helms-Burton Act.
−Removed: The complaint filed by Havana Docks Corporation ("Havana Docks Action") alleges it holds an interest in the Havana Cruise Port Terminal, which was expropriated by the Cuban government.
+Added: The complaint filed by Havana Docks Corporation ("Havana Docks Action") alleges it holds an interest in the Havana Cruise Port Terminal that was expropriated by the Cuban government.
The complaint further alleges that we trafficked in the terminal by embarking and disembarking passengers at these facilities.
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The Court entered final judgment in December 2022 in favor of the plaintiff and awarded damages and attorneys' fees to the plaintiff in the aggregate amount of approximately $112 million.
−Removed: We have appealed the judgment to the United States Court of Appeals for the 11th Circuit.
−Removed: We believe we have meritorious grounds for and intend to vigorously pursue our appeal.
+Added: We appealed the judgment to the United States Court of Appeals for the 11th Circuit.
+Added: On October 22, 2024, the 11th Circuit issued an opinion that overturned the lower court’s judgment.
+Added: The plaintiff has the right to petition for a rehearing by the full 11th Circuit or to appeal to the United States Supreme Court.
During the fourth quarter of 2022, we recorded a charge of approximately $130 million to Other (expense) income within our consolidated statements of comprehensive income (loss) related to the Havana Docks Action, including post-judgment interest and related legal defense costs and bonding fees.
6 unchanged sentences
Share Repurchases
−Removed: There were no repurchases of common stock during the quarter ended June 30, 2024.
+Added: There were no repurchases of common stock during the quarter ended September 30, 2024.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.