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CK Hutchison seeks US$1.5 billion from Panama in treaty dispute arbitration

CK Hutchison seeks US$1.5 billion from Panama in treaty dispute arbitration
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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 "destruction" of its investments in the Central American nation.The conglomerate said Panama breached an investment protection treaty after a

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