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CK Hutchison's Panama unit raises arbitration claims to over $2 billion

( March 25, 2026, 08:32 GMT | Official Statement) -- MLex Summary: CK Hutchison's subsidiary Panama Ports Company has escalated its arbitration claims against Panama to over $2 billion, up from earlier demands, following what it calls the country's unlawful takeover of its port operations. The company filed supplemental claims Tuesday alleging "extreme executive actions, takeover, occupation, seizure of proprietary and protected documents and a range of related misconduct," it said in a statement. The arbitration is proceeding under the rules of the International Chamber of Commerce Court of Arbitration, though Panama has yet to file an initial response or retain counsel in the case, the statement said.Statement attached....

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