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Gateley Plc

1 PATERNOSTER SQUARE, LONDON, EC4M 7DX, ENGLAND
Tel:
Work 020 7653 1600
Fax:
Fax 020 7653 1601
DX:
824 LONDON/CITY
Email:
Web:
www.gateleyplc.com
Gateley Plc, James Jaffa, London, ENGLAND

Lawyer rankings

James Jaffa

Tel:
Work +44 (0) 207 653 1714
Email:
Gateley Plc

Work Department

Commerce, Technology and Media

Position

James is an Associate and advises owners, shipyards and finance institutions, principally in the Superyacht sector but also in commercial shipping.  He has advised on the construction, acquisition and financing of vessels with an aggregate value of several hundred million euro and works with clients from all corners of the globe.


James has an extensive and impressive network of international contacts which makes him suited to complex, cross-border transactions. 

Examples of James’ work in the last year:

  • Advising an Indian client on the construction and financing of a 70 metre new-build Feadship, with the loan facility provided by Societe Generale in Monaco.
  • Acquiring a Superyacht for a North American client from a Russian seller.  The transaction was notable because the client relied on James and his network of international contacts entirely.  The yacht was purchased in Montenegro without the client inspecting her in person.  An outgoing mortgagee, opaque seller’s owning structure and the need to transport the vessel to North America within a very short timeframe made the transaction complex.
  • Advising on the purchase of a Superyacht which was under arrest by French customs, with an additional mortgage (in default) in favour of a French bank.  The yacht was purchased out of arrest, with the purchase monies being distributed at completion to several different parties.
  • The acquisition of a 92 metre seismic research vessel for the Russian government.  Details are, naturally, confidential but suffice to say Trade Sanctions and Export Controls added complexity.  The transaction was truly international and involved the UK, US, Russia, Mexico and Norway.

Career

James was shortlisted for the 2016 CityWealth ‘Lawyer Of The Year Award’ and has been included in the 2017 CityWealth ‘Leaders List’, which recognises London’s leading wealth management professionals.


London: Transport

Shipping

Within: Shipping

Gateley Plc receives plaudits for its ‘client service delivery’ and the team regularly handles charterparty matters, ship sale and purchase disputes, marine cargo claims, superyacht matters and shipbuilding disputes. The team represented Fulton Shipping in its high-profile dispute, the New Flamenco, which clarified the law relating to mitigation of damages for breach of contract. Additional highlights included acting for Pequod Associates as claimants on a dispute arising from the theft of containers from the port of Antwerp. Nicholas Walser is an ‘exceptional lawyer with extensive experience in shipping law’; Jane Hobbs handles marine insurance work; and Andrew Messent advises on claims relating to the carriage of goods. Associate James Jaffa is noted for his superyachts experience. Paul Dickie leads the department.

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