Panamanian law firm Morgan & Morgan has hired two new associates for its corporate law practice, Maria Eugenia Crespo and Miguel A. Arias.

Brazilian law firm Demarest Advogados has strengthened its real estate practice with the hiring of partner Marc Stadler.

Squire Patton Boggs has appointed Alejandro Peña-Prieto as head of the firm’s Latin America practice, and has formed a 20-person executive committee responsible for driving the practice’s strategic direction.

The United States’ Senate has approved the USMCA, the United States-Mexico-Canada free trade agreement that has been in negotiation among the three countries for more than a year and which will replace the North American

Chilean law firm Cariola Díez Pérez-Cotapos has advised a group of banks acting as lenders in connection with a $250 million restructuring and new credit facilities agreement with Chilean salmon producer Salmones Multiexport.

Global law firm Clyde & Co has entered into an association with Chilean firm Grasty Quintana Majlis, giving it an on-the-ground presence in Chile for the first time.

Posse Herrera Ruiz has acted as legal adviser to NYSE-listed payment processing company Evertec Inc on its acquisition of 100 per cent of the shares of EGM Ingeniería sin Fronteras (Placetopay), a leading Colombian online

Baker McKenzie has elected six partners and one counsel in Mexico, part of a slew of 34 promotions across North America.

Mexican law firm Creel, García-Cuéllar, Aiza y Enríquez, has hired Luis Salinas as counsel in the firm’s fiscal litigation and controversy practice. 

Philippi Prietocarrizosa Ferrero DU & Uría has promoted Carolina Porras to partner in Colombia, and Rafael Lengua and Sebastián Basombrío in Peru.