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Panama seized ports near the canal, prompting CK Hutchison to file a $2 billion arbitration claim.
Hong Kong’s CK Hutchison has escalated a $2 billion arbitration claim against Panama over the seizure of its ports near the Panama Canal.
The company alleges the government’s takeover was unlawful, while Panama denies wrongdoing and claims legal representation was in place.
The conflict complicates CK Hutchison’s $23 billion sale of its global ports business and highlights broader tensions over the canal, a vital trade route.
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Panamá se apoderó de los puertos cerca del canal, lo que llevó a CK Hutchison a presentar un reclamo de arbitraje de $ 2 mil millones.