Hong Kong-based CK Hutchison Holdings faces limited legal avenues to challenge a Panama court ruling that nullified its rights to operate two major ports at the country’s canal, while taking the case to the International Court of Justice will require Beijing to act on its behalf, a legal expert has said.
Basil Hwang, managing partner of law firm Hauzen LLP, said billionaire Li Ka-shing’s conglomerate could turn to a suitable court with jurisdiction over Panamanian assets to seek damages against…
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