OMG has offices in Santo Domingo, Santiago and Punta Cana. With 40 lawyers, it is one of the Dominican Republic's largest law firms and the country's exclusive member to the Legus international network of law firms....
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OMG has offices in Santo Domingo, Santiago and Punta Cana. With 40 lawyers, it is one of the Dominican Republic's largest law firms and the country's exclusive member to the Legus international network of law firms.
According to the firm's clients, the philosophy is effective: "They're absolutely our business partners," one says. "We're implementing some very avant garde fund structures in terms of private equity funds; many are being created from scratch based on US models and they've created a very good end product in terms of the incorporations of the funds."
Another client adds, that within the relevant regulatory framework: "They look for the space that allows us to operate the way we want to and have found ways to help us save money and control risk." Another client mentions: "They're really available but sometimes their workload gets in the way of getting things to us as quickly as we'd like. "
In a $230 million deal that closed in March 2011, OMG advised the German DEG Bank, a member of KfW Banking Group, one of Europe's largest financial development institutions, and the International Finance Corporation (IFC), in financings related to the expansion of the Caucedo Marine Port. The expansion of the marine terminal, located 25km from Santo Domingo involved prominent local sponsors as well as DP World, a major operator of marine ports worldwide, which operates the port. The development will increase the port's capacity by 25%, making a vital contribution to the area's economy.
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