CK Hutchison files $1.5B Panama claim

Hong Kong-based CK Hutchison Holdings Ltd. has launched international arbitration proceedings against Panama, seeking more than $1.5 billion in damages for allegedly breaching an investment protection treaty involving the concession contract for the ports of Balboa and Cristóbal, Channels News Asia reports, citing Reuters. The conglomerate has been embroiled in a diplomatic dispute since U.S. […]