Jerome I. Lee

Jamaican Bar, 1978

Legal Education Certificate, Norman Manley Law School (1978)

B.Sc. (Gov’t), LL.B., University of the West Indies (1973 and 1976)

• • 2020 – Acted as lead counsel to client, an international business company in Barbados, in:
    • The corporate reorganization of one of its main subsidiaries and some of its subsidiaries in the Caribbean and Oceania.
    • The recapitalization of the main subsidiary through the issue of preference shares and private placement of ordinary shares.
  • 2020 – Acted as counsel in preparation and completion of loan and security documentation on behalf of Administrative Agents for a syndicated bridge loan in Jamaican equivalent of US$133,622,000 to Transjamaican Highway Limited.
  • 2019 – Acted as lead counsel to client in the successful initial public offering consisting of sale of 757,818,862 ordinary shares at the price of J$5.31 per ordinary share in client and subsequent listing on the Jamaica Stock Exchange, raising the amount in the excess of J$4 Billion.
  • 2019 – Acted as lead counsel to client, an international business company in Barbados, in:
    • Corporate reorganization of its subsidiaries in Jamaica and other parts of the Caribbean.
    • Refinancing of loan from local banks secured over assets of the client and shareholder’s guarantees.
  • 2018 – Acted as lead counsel to client, a Barbados licensed international business company, in its successful initial public offering consisting of the subscription/purchase 39,090,909 common shares and the subscription of 25,800,000 9.75% redeemable cumulative preference shares and subsequent listing on the Jamaica Stock Exchange.
  • 2018 – Acted as counsel to client in the acquisition of a microfinance company by way of share purchase for the price exceeding J$1 Billion.
  • 2017 – Acted as counsel in an unsecured note issue for up to J$1 Billion on behalf of the client as issuer.
  • 2017 – Acted as counsel to a client in issuing by client of bonds pursuant to a trust deed in the amount of US$7 Million secured by charges over the assets of the issuer and guarantees from the parent company.
  • 2016 – Acted in the negotiation and execution by client of a sale agreement for acquisition of 50 hectares of land for development to involve the building of some 1,000 houses, incorporation of the development company, negotiating and settling shareholders’ agreement among investors, and drafting and finalizing sale agreement for the individual units.
  • 2016 – Acted in a large J$ note issue (unsecured) involving a financial institution as Arranger and Paying Agent, Registrar and Administrative Agent on behalf of investors and the client (as issuer).
  • 2016 – Acted as team leader in the acquisition and financing by clients of a local dairy manufacturing business (including intellectual property and real estate) of an international firm.
  • 2015 – Lead member of the legal team acting as local and Caribbean coordinating council to a client in issuing by client of bonds in a multi-million US$ amount pursuant to a trust deed and additional borrowing by way of a syndicated loan agreement secured by charges over the assets of the borrower/issuer and guarantees from its subsidiaries in 14 jurisdictions in the Caribbean and Central America.
  • 2015 – Acted in the negotiation and execution by client of a sale and purchase of land agreement for 351 acres (142 hectares) of land for development; to involve the building of some 1,750 houses.
  • 2014 – Represented a client’s commercial project for real estate development of over 330 acres involving various stages including (i) drafting and finalizing a series of agreements with a development consultant, (ii) drafting and finalizing memoranda of understanding with two proposed investors/developers of real estate with the intention of having a holistic development project consisting of an ICT tech park, a university campus and a residential housing development, (iii) drafting and finalizing binding agreements with the two investors/developers, and (iv) effecting transfers of land.
  • 2013 – Acted in a sale and lease back arrangement of a substantial real estate holding involving a large financial institution as Arranger and Trustee on behalf of investors and the client (as vendor and tenant).

• How international law firms handle the pandemic, published in the Gleaner on June 2, 2020.

Telephone: 876 922 1500

Fax: 876 922 9002

Email: jerome.lee@dunncox.com