President Donald Trump has made repeated threats about the U.S. retaking control of the Panama Canal, prompting the Panama Canal Authority to retain the law firm Vinson & Elkins for legal and strategic advice. This includes preparing for interactions related to U.S. congressional inquiries and other legal matters. The firm, known for its significant revenue, is billing between $1,050 and $1,500 per hour and has already expended over $3.8 million on representation. This situation highlights escalating tensions between the U.S. and Panama concerning the governance of the canal.
The Panama Canal Authority has engaged legal representation to prepare for any potential actions from the U.S. government regarding control threats by Donald Trump.
Underlining the significance of the situation, the Panama Canal Authority is now receiving strategic legal advice amidst increasing tensions with the U.S. regarding canal control.
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