CK Hutchison Seeks $1.5 Billion for Loss of Panama Assets

CK Hutchison Holdings Ltd. filed for international arbitration against Panama, claiming damages exceeding $1.5 billion related to its investments in two ports near the Panama Canal. The company cited loss of its assets in the ports as the basis for the claim. The arbitration proceeding will determine whether Panama is liable and what compensation, if any, is owed.

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