Aug 20 : CK Hutchison said on Thursday it had launched international arbitration proceedings against Panama and was seeking damages of more than $1.5 billion for the "destruction" of its investments in the Central American nation.CK Hutchison said Panama breached an investment protection treaty after a series

Hong Kong conglomerate launches new arbitration pursuing an investor-state dispute after the local government forcibly took control of two canal terminals

CK Hutchison said on Thursday (Aug 20) it had launched international arbitration proceedings against Panama and was seeking damages of more than US$1.5 billion for the…