New Lawyer Joins Appleby to Work in the Area of Capital Market

Appleby Hunter Bailhache Group, which was formed in September 2006 as a result of merger between two offshore law firms, is one of the leading providers of offshore legal, fiduciary and administration services, with major offices in four of the world's leading offshore business centres - Bermuda, the British Virgin Islands, the Cayman Islands and Jersey, as well as in London and Hong Kong. The parties to the merger transaction were Appleby Spurling Hunter, whose areas were Corporate & Commercial, Litigation & Insolvency, Trusts and Property, and Bailhache Labesse, a Jersey-based company providing legal, fiduciary and administrative solutions.

Last month the firm has announced that Patrick Schmid has joined the Corporate and Commercial practice group in the Hong Kong office of the firm. Mr. Schmid, as a lawyer, brings a wide range of experience in the firm, including his work in the Latin American region. His primary areas of practice will be the areas of capital markets, cross-border project financing, mutual funds, securitisations and derivatives.

Before joining Appleby, Mr. Schmid was a Partner at Mourant du Feu & Jeune. Until then, for six years he worked as a Senior Associate lawyer for Maples and Calder, one of the leading offshore advisors.

Mr. Schmid was admitted to be an attorney in the Cayman Islands in 1998. He is actively serving on several boards and Governmental bodies in the Cayman community, in the capacity of Chairman or Deputy Chairman, including the Immigration Review Team, the Immigration Board, the Labour Appeals Tribunal, the Planning Appeals Tribunal, the National Drug Council and the United World Colleges National Foundation.

Mr Schmid was welcomed to the Appleby Hunter Bailhache by Huw Moses, Managing Partner of the Cayman Islands Office, who said, 'We are pleased to welcome Patrick to our rapidly growing team. Patrick is a perfect fit for our Corporate and Commercial practice and our team will benefit from his expertise'.