Trade finance news

Ashurst boosts Tokyo finance team

Last Updated February 21, 2008

Law firm Ashurst has appointed Matthias Schemuth as a partner in its finance practice. Schemuth will be joining the Tokyo office, working on trade and project finance in Asia.
He joins from White & Case where he was a partner in Hong Kong. He has worked for the firm in various roles for the past seven years.

Schemuth's specialist subjects include international banking, trade finance and project financing, and he has a wealth of experience in advising commercial banks, multilaterals and export credit agencies (ECAs), particularly within the oil and gas, petrochemical, mining and metals sectors.

Landmark transactions he has been involved in include advising ECAs involved in the US$20bn financing of the Sakhalin II LNG project in Russia; working with JBIC and commercial lenders on a methanol project in Brunei; providing advice in on the Nigeria Plus LNG project; as well as working on a transaction supporting Chinese telecom exports to Reliance ASA Group of India.

"We are delighted to welcome a finance lawyer of Matthias' calibre to the Ashurst partnership.  Matthias is joining a formidable team that has recently advised on landmark projects such as the Brunei Methanol project and the PowerSeraya repowering project.  We intend to build upon our successes by expanding and growing the services we can offer our clients in Asia," comments Geoffrey Green, senior partner at Ashurst.



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