CK Hutchison piles another $1.5bn claim onto Panama ports battle

CK Hutchison has opened another front in its battle with Panama, launching international arbitration seeking more than $1.5bn over the loss of its investments in the Balboa and Cristóbal terminals at either end of the Panama Canal. The Hong Kong conglomerate claims Panama breached an investment protection treaty through measures culminating in the February seizure … Read full article →