James Stewart is a corporate finance lawyer based in Sydney.
James is amongst the leading cross-border mergers and acquisitions lawyers in Australia and has an award winning practice in public company takeovers, including hostile and competitive bids and proceedings before the Takeovers Panel, private M&A deals, equity capital markets and private equity.
James has significant experience on transactions in the Asia-Pacific region and is recognised by his peers in Best Lawyers for M&A, equity capital markets, corporate and resources in Australia. James is noted for his in depth knowledge of corporate law, impressive turnaround and accessibility to clients.
James was named in Best Lawyers as Corporate Lawyer of the Year in Melbourne shortly after relocating from Perth (and before that Sydney). He has been awarded the International Financial Law Review (ILFR) Asia Awards M&A Deal of the Year and been nominee or finalist for Australasian Law Awards M&A Deal of the Year, IFLR M&A Team of the Year, China Law & Practice Awards, M&A Deal of the Year and Finance Asia's Deal of the Year.
James has served on the Australian partnership council (board), management committee and led the infrastructure, mining and commodities team of Norton Rose Fulbright Australia.
- Master of Laws, University of Sydney
- Bachelor of Laws: Company Law and Family Law Prizes
- Bachelor of Science
- Fosun – one of the largest privately owned enterprises in China, on its AU$490 million competitive takeover bid for ROC Oil, an upstream oil & gas company with projects in China, Malaysia, Myanmar, Australia and the UK. Fosun's offer was successful in defeating a proposal for ROC to merge with Horizon Oil.
- Banpu – on its AU$2.5 billion takeover of Centennial Coal, Australia's largest independent coal producer with nine operating coal mines in New South Wales and various exploration and pre-development projects. Centennial Coal supplies 47 per cent of the coal used to supply power to NSW.
- Pangang Group Steel Vanadium & Titanium – on its sale of its metal ore and titanium sponge assets and certain debt, valued at CNY8.94 billion (US$1.34 billion/AUD$1.75 billion) to Ansteel Mining Group.
- G-Resources – on its sale of the Martabe gold and silver project in Indonesia in 2016 for approximately US$1 billion. James also acted for G-Resources on its earlier US$218 million acquisition of Martabe from OZ Minerals and US$500 million placing on the Stock Exchange of Hong Kong managed by Morgan Stanley.
- Ansteel – on its Karara Iron Ore joint venture with Gindalbie Metals (which owns iron ore projects in Western Australia), AU$162 million equity placement in Gindalbie and project offtake, project finance and refinancing totalling AU$3 billion, subsequent equity investments, including investment in Gindablie's AU$209 million accelerated entitlement offer and placement to Ansteel in 2011 and AU$60 million placement in 2012, provision of AU$500 million of additional funding to Karara and acquisition of control.
- Acting for the administrators of HRL Limited – on the sale process of HRL Limited's assets, which include the Energy Brix briquette factory and power station, supplying the retail market in Victoria.
- Sinosteel – on its AU$1.5 billion successful hostile competitive cash offer takeover of ASX listed Midwest Corporation, with iron ore projects in the mid-west of Western Australia. Sinosteel's offer defeated competing proposals from Murchison Metals after a successful groundbreaking win in a case before the Takeovers Panel.
- CST Minerals – on its US$600 million placing on the Stock Exchange of Hong Kong managed by Morgan Stanley and AU$135 million acquisition of the Lady Annie copper mine in Queensland from Cape Lambert.
- Shandong Energy and Linyi Mining Group – on its AU$206 million cash offer takeover of Rocklands Richfield, which has exploration stage coal projects in the Bowen Basin in Queensland.
- Tiger Resources – on its US$25 million placement and accelerated non-renounceable rights issue, lead managed by UBS and debt facility with Taurus, Resource Capital Finance and IFC to fund the expansion and debottlenecking of the Kipoi Copper Project in Democratic Republic of Congo – US$74 million placement and accelerated non-renounceable rights issue, underwritten by Canaccord to fund the US$140 million acquisition of the 40 per cent interest in the Kipoi Copper Project that it did not already own.
- Rural Press – on its AU$9.5 billion merger with Fairfax Media to create Australia's largest integrated metropolitan, regional and rural print and digital media business.
- Pulse Health – an operator of specialist hospitals and surgery centres, on its AU$120 million acquisition by scheme of arrangement by Healthe Care, a subsidiary of Luye Medical Group.
- Pulse Health – on its AU$255 million hostile takeover bid for Vision Eye Institute.
- IPOs – Shaver Shop, NRW, Southern Cross Electrical Engineering, Nomad Building Solutions, Brierty, Energia, Sunshine Gas, Anzon Australia, Buka Gold, Pro-Pac Packaging, ZBB Energy Corporation (US incorporated), Montec International.
- Federal Court of Australia
- Supreme Court of Western Australia
- Supreme Court of New South Wales
- Supreme Court of Victoria
Rankings and recognitions
- Best Lawyers Corporate Lawyer of the Year 2013, Melbourne
- China Business Law Journal 2015 Deals of the Year
- Finance Monthly Deal Maker of the Year 2015
- Acquisition International M&A 2015 Awards Best in Public Company Takeovers – Australia
- Best Lawyers Australia Mergers and Acquisitions, Equity Capital Markets, Resources and Corporate 2010-17
- Doyle's Guide for M&A
- The Legal 500 for M&A and ECM, APL500 Recommended Lawyer Energy & Resources
- International Financial Law Review (ILFR) Asia Awards M&A Deal of the Year 2009 and nominee for M&A Team of the Year 2009
- 2015 Australasian Law Awards Finalist for M&A Deal of the Year
- Finance Monthly Deal of the Month October 2015
- Nominee for ALB Energy and Resources Deal of the Year 2011
- China Law & Practice Awards 2009 for M&A Deal of the Year
- FinanceAsia's Deal of the Year 2008
- FinanceAsia's Best M&A Deal of the Year for Asia in 2008
China is Australia’s number one trading partner, with two-way flow of goods and services exceeding $150 billion last year. Australia and China came to a Free Trade .
November 19, 2014
Australia is China’s number one destination for outbound investment. Between late 2006 and June 2012, China invested approximately $US45.1 billion in Australia, wit.
March 18, 2013
Norton Rose Fulbright advises Pulse Health on Healthe Care’s AU$150m takeover bid.
October 06, 2016
Melbourne partner James Stewart talks about the outlook for Asia-Pacific mergers and acquisitions, particularly activity linked to China..
July 22, 2016