Dear Client: Bacardi is involved in another rum war, this time with Pernod Ricard, marking a 10-year dispute over who actually owns Havana Club rum. A federal provision says Bacardi owns the rights to Havana Club because the US doesn't recognize trademarks connected with companies nationalized by the Cuban government. That measure, however, has come under fire from the World Trade Organization and some lawmakers who want the Cuban embargo lifted. QUICK BACKROUND: You'll recall that Pernod has a joint-venture
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