US ‘pressure’ a major challenge to CK Hutchison’s arbitration against Panama: experts

Pressure from the United States remains a major challenge in CK Hutchison Holdings’ arbitration against Panama and it may take years to resolve the dispute, legal and political experts have said of the continuing controversy over the Hong Kong conglomorate’s ports. The company, led by billionaire Li Ka-shing’s family, said on Wednesday that its subsidiary, Panama Ports Company (PCC), had initiated arbitration against Panamanian authorities over a court judgment declaring its concessions to...