Tag: constitutional ruling

The Supreme Court of Panama said a contract held by a Hong Kong company to operate ports at the Panama Canal failed to “serve the public interest and social welfare,” in its decision on Thursday voiding the contracts. While the court announced the decision on Thursday, it ...

Panama's Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama Canal operations unclear and possibly upsetting its plans to sell some terminals. Panama Ports Company (PPC), a ...