Noel Levy is a Consultant in the firm’s Commercial Department. Before becoming a Consultant in 2009, Noel was a Partner since 1974. He advises clients on a number of complex commercial issues spanning several areas of law. Noel provides years of practical experience to all of his clients and is a valued member of the firm.
Corporate Restructure of National Commercial Bank Financial Group
Advised and represented National Commercial Bank Jamaica Limited (NCBJ), to pursue a corporate restructuring by way of a court approved Scheme by which NCB Financial Group Limited (NCBFG) would become the financial holding company of NCBJ and its subsidiaries. The Scheme required several approvals/non-objections including the shareholders of NCBJ and NCBFG, the Jamaica’s Central Bank, Jamaica’s securities commissions and Stock Exchanges of Jamaica and Trinidad & Tobago. As a consequence of the implementation of the Scheme, the shares of NCBJ were delisted and the shares of NCBFG were listed on the Jamaica Stock Exchange and Trinidad Stock Exchange.
Represented Radio Jamaica Limited and The Gleaner Company Limited
Advising the directors in relation to their obligations and due diligence to support the initial public offering of Dolphin Cove Limited
Sale of Shares in and Takeover of Dolphin Cove Limited
Acted for the founder and principal shareholder of Dolphin Cove Limited in the sale of their shares to World of Dolphins Inc. and the resulting Takeover Over of Dolphin Cove Limited by World of Dolphins Inc.
Acquisition of shares in Hardware & Lumber
Advised and represented the majority shareholders of Key Insurance Company Limited, a company regulated by the Financial Services Commission as a part of the insurance sector and a company that was then listed on the Junior Market of the Jamaica Stock Exchange, in relation to the sale of their shares.
Advised Rekamniar Frontier Ventures (a shareholder in Eight Rivers Energy Company Limited (“EREC”)) the lead partner on local project development in respect of the development and financing of a 37MW (50 MWP) Utility Solar PV Plant at Paradise Park, Westmoreland, Jamaica to provide “as available” energy to the national electricity grid.
Insurance Company of the West Indies Limited
I.C.W.I Group Limited
Dolphin Cove Limited
U.W.I. Mona Campus
“Noel Levy is a highly experienced lawyer who possesses extensive experience of commercial transactions. He assists the team as a consultant, notably on tax law.”