News
posted 14 Oct 2008
Appleby unveils expansion plans
OFFSHORE LAW firm Appleby has announced plans to open for business in two new jurisdictions – Switzerland and Dubai – in early 2009.
Dubai is becoming an increasingly desirable destination for international corporate and finance work, while in Switzerland’s Zurich Appleby clients will also have access to new private bank and institutional services.
The Dubai office will be staffed by two partners, including Jeanne Bartlett, head of the firm’s global structured finance practice, as well as an extra assistant. It will focus on investment funds, private equity, structured finance, major projects, property and private-client services.
The Zurich office will also have a corporate focus, notably in the funds and insurance sectors, as well as offering offshore services for private banks and wealth-management institutions. Both offices will also offer direct access to the firm’s other offshore presences in Bermuda, the British Virgin Islands, the Cayman Islands, Jersey and Mauritius.
Peter Bubenzer, Global Group managing partner, said the firm’s strategy was to become the leading provider of legal, fiduciary and administration services in the offshore world. “We see significant opportunities in the Gulf region
and the expansion of our private wealth business in the more traditional Swiss market,” he explained.
“The new offices will provide our corporate, institutional and private clients with greater resources both in the locations and time zones in which they do business and a broader choice across the key offshore jurisdictions to suit their needs.”
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