CK Hutchison Seeks $1.5 Billion for Loss of Panama Assets

CK Hutchison Holdings Ltd. commenced international arbitration proceedings against Panama, seeking more than $1.5 billion in damages over the loss of its investments in two ports on the country’s strategic canal. CK Hutchison Holdings Ltd. commenced international arbitration proceedings against Panama, seeking more than $1.5 billion in damages over the loss of its investments in two ports on the country’s strategic canal.