On the analytic structure of the $H^\infty$ maximal ideal space

We characterize the algebra $H^\infty \circ L_{m}$, where $m$ is a point of the maximal ideal space of $H^\infty$ with nontrivial Gleason part $P(m)$ and $L_{m} : \mathbb{D}\to P(m)$ is the coordinate Hoffman map. In particular, it is shown that for any continuous function $f: P(m) \to \mathbb{C}$ with $f\circ L_{m} \in H^\infty$ there exists $F\in H^\infty$ such that $F|_{P(m)} = f$.