Adam
Jacobs
Senior Associate
Tax Disputes
+44 (0)20 7903 7941
Adam is an experienced litigator specialising in high value commercial and professional negligence disputes, often with a focus on tax and financial services. He is recognised in Legal 500 as “technically excellent, completely on top of masses of detailed factual material” and “easy to work with”.
Expertise
Adam advises corporates, high net worth individuals and claimant groups on complex commercial disputes, with particular expertise in tax, financial services and professional negligence matters. He is currently acting for a listed corporate in civil fraud proceedings and regularly advises on claims involving negligent tax or investment advice, breaches of tax warranties, and supply chain disputes.
His experience includes representing claimants in major group actions such as Eclipse and Peacock and Canaccord, as well as individuals pursuing professional negligence claims against financial advisers and accountants. He also has significant experience advising on security for costs and litigation funding.
Career
Adam joined Stewarts in January 2020, having previously trained at a leading US law firm. He read law at Durham University, graduating with first class honours, before completing an LLM in commercial law at the University of Cambridge.
Personal
Adam enjoys most ball sports, particularly cricket and padel, and is a keen musician who plays the piano, guitar and drums. Outside work, he enjoys history podcasts and going to the theatre.
Experience
- Acting for a listed corporate in a multi-party action concerning a substantial alleged tax fraud, including claims in unlawful means conspiracy, bribery, deceit, breach of contract, breach of fiduciary duty and dishonest assistance
- Eclipse litigation: acting for 177 claimants in claims against HSBC arising from investments in the Eclipse film finance scheme, including misrepresentation and unlawful means conspiracy
- Peacock and Canaccord: acting for 110 claimants in jointly managed professional negligence claims relating to investments in three failed tax advantaged schemes
- Ingenious litigation: acting for nearly 500 claimants in claims for fraudulent misrepresentation, conspiracy and negligence arising from investments in tax efficient film and video game vehicles. The case featured in The Lawyer Top 20 Cases of 2018 and 2022
- The Blair Partnership and others v SRLV Accountants: acting for well-known literary agents in a professional negligence claim against their former accountants concerning advice on the acquisition and restructuring of their business.
Publications and Media
Adam has written for FT Adviser on the strategic challenges posed to banks by the changing fraud landscape and has also written on the impact of the Privy Council’s decision in Credit Suisse Life (Bermuda) Ltd v Bidzina Ivanishvili and Ors on deceit claims based on implied misrepresentations.
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