George Spence is a senior associate based in our Santo Domingo office. He has also worked at our office in Washington DC, and continues to work closely with our teams in the US. George’s practice focuses on corporate transactional matters, including acquisitions, mergers, divestitures, joint ventures, and group reorganizations in a diverse range of industries and sectors, involving inbound and outbound international business transactions.
He has advised clients on a wide variety of legal areas, including asset purchases and buy-sell agreements, general corporate and commercial work, private equity investments, corporate governance, securities, energy, commercial and residential real estate transactions, leases, employment, intellectual property, immigration, international trade, and regulatory matters related to doing business in the Dominican Republic. He has assisted local and international investors; trade distributers; real estate, tourism and energy concerns; banks and financial services providers; public-private partnerships; and non-profit organizations.
In 2013, George participated in the groundbreaking merger of Centro Financiero BHD and Grupo Financiero León, which resulted in the formation of the second-largest privately held banking institution in the Dominican Republic and one of the largest private banks in Central America, with assets of over US$500 million; still considered as one of the most relevant transactions of its kind in the Dominican Republic.
Recently, he was part of the team that represented E. Leon Jimenes in a US$900 million sale of shares in the largest brewery in the Caribbean region. He also played a leading role in the cross-border reorganization and ultimate liquidation of E. Leon Jimenes.
George is also part of the team currently representing Montecristi Solar, a 58MW photovoltaic power plant (upon completion, one of the largest in the Caribbean), following advice in the acquisition of a majority stake therein.
Prior to joining the firm, George worked in the securities and shareholder litigation department of a top-tier law firm in Atlanta.