James Stacey

Partner
Joined firm 2002. Partner since 2013.

James is a partner in the Disputes and Investigations Group, and is co-head of our International Arbitration Group.

James has a broad ranging international disputes and investigations practice.  He has a particular focus on international commercial arbitration and has advised extensively on corporate, company, M&A and infrastructure arbitrations under the rules of all the major arbitral institutions, including the ICC, LCIA and UNCITRAL.

James has also been involved in advising corporate and banking clients in relation some of the most significant investigations in recent years, including the the Forex Carbon Emissions scandals as well as high profile SFO investigations and a number of internal corporate investigations.

James’ disputes practice includes advising clients on contentious tax disputes, frequently with an international element.

Arbitration highlights include:

  • ForteBank, in an ICC arbitration concerned with a $600m banking fraud in Eastern Europe and related international enforcement proceedings in Cyprus and Russia.
  • A FTSE250 corporate in relation to an ICC arbitration against a Middle-Eastern government concerning one of the largest airport construction projects in the world.
  • An Eastern European state-owned energy company in a high value dispute, subject to UNCITRAL arbitration, between its wholly-owned subsidiary and a US contractor in relation to a turnkey contract for the repowering of two major power plants.
  • A FTSE100 corporate in relation to an ICC arbitration brought against it by its JV partner concerning a dispute about the operation of a JV in the Far-East.

Investigations highlights include:

  • Ultra Electronics Holdings Plc, in relation to their self-report to the SFO and the SFO’s subsequent criminal investigation in to suspected corruption in the conduct of business in Algeria.
  • JPMorgan Chase Bank on cross-border investigations conducted by the FCA, DoJ, and other regulators worldwide in relation to alleged misconduct in the G10 spot FX market, and on the subsequent settlements.
  • A major financial institution in relation to an investigation by HMRC into missing trader frauds in the carbon emissions market.

Commercial litigation highlights include:

  • A significant fintech company on the purported termination of a suite of contracts to deliver a new banking platform.

Tax highlights include:

  • First Nationwide a subsidiary of Nationwide Building Society, on the successful defence of an appeal to the Court of Appeal by HMRC in January 2012, which clarified the tax treatment of dividends ([2012] EWCA Civ 278)
  • The Reed Group in relation to its very significant claim for over-accounted VAT during the period 1973 to 1996, appealed through to the Court of Appeal

James Stacey is described as ‘very impressive’ and as providing ‘excellent strategic thinking' Legal500 UK, 2019 - International Arbitration

James is ‘excellent and hugely able - he is a details-man, who gives very thoughtful and considered advice that is practical and commercial, as well as legally spot-on.’ Legal 500 2017 - International Arbitration

'James Stacey has an incredible ability to review at speed and remember in an almost photographic way the most complicated backstory to a dispute. He is truly impressive'. Legal500 UK, 2020 - Commercial Litigation

James is recognised as a leading practitioner in the International Tax Review: Tax Controversy Leaders Guide, 2020, and was identified as one of Global Investigation Review's 2014 "40 under 40" for his work in relation to tax and fraud-related investigations and litigation.