Skip to content
Home - About Us - Careers - Staff - News - Contact Us +44 (0)20 7353 6381
Simon Oakes

Simon Oakes

What next?

To find out more, contact Dave Scothern (+44 (0)20 7427 4960) or Nick Levett (+44 (0)20 7427 4908) or call us on +44 (0)20 7353 6381 for a confidential discussion.

Our professional clerking staff can help you identify the right barrister for your case.

Simon Oakes practises in commercial law, with a particular focus on banking & financial services matters. He has been involved in major financial services cases in recent years, including the LIBOR manipulation cases of Graiseley Properties Ltd v Barclays Bank Plc in the Court of Appeal, and Hockin v Royal Bank of Scotland in the High Court.

Having been seconded to both the Financial Services Authority and the Pensions Regulator, Simon has acted for individuals in complex regulatory cases, including those brought by international banking regulators.

Banking & Financial Services

Simon’s financial services and banking work ranges from major interest rate hedging product litigation to regulatory investigations against individuals. He has a wealth of experience in some of the most significant banking cases of recent years, in particular those involving allegations of LIBOR manipulation, mis-selling of financial products, and various banks’ business support units.

His recent work includes:

An ongoing, multiple hundred million pound dispute, between a real estate investment company and a major commercial bank. Issues include the consequences of alleged LIBOR manipulation.

Macdonald Hotels Limited v Bank of Scotland: a very high-value, Financial List banking dispute involving allegations of breach of a shareholders’ agreement. See https://www.law360.com.

Hockin v RBS : a £55m Financial List banking case concerning interest rate products and the bank’s Global Recovery Group (‘GRG’), and involving issues of misrepresentation, LIBOR manipulation, unlawful means conspiracy and implied duties of good faith (with David Reade QC and Farhaz Khan).

• The LIBOR test case of Graiseley Properties Ltd v Barclays Bank Plc, Deutsche Bank AG v Unitech Global Ltd [2013] EWCA Civ 1372 (CA), in the Court of Appeal and in the High Court (with Stephen Auld QC and Farhaz Khan). One of The Lawyer’s ‘Top 20 cases’ of 2013.

Desiman Ltd v BOS, HBOS and Lloyds Bank: a significant banking matter involving issues of mis-selling, LIBOR misrepresentation, appointment of administrative receivers and bad faith. The case also involved an examination of the Bank’s Business Support Unit (with Stephen Auld QC and Farhaz Khan).

Ford, Owen & Johnson v Financial Conduct Authority [2016] UKUT 0041 (TCC): acting for the former compliance officer of Keydata (Johnson) in a reference to the Upper Tribunal.

Atwal v Bank of Scotland: an ongoing High Court interest rate hedging dispute.

• FOREX investigation: acting for individuals under investigation by global regulators in relation to Forex matters.

• Advising on high-value interest rate swap claims, including on matters arising out of the FCA Review into the mis-selling of Interest Rate Hedging Products (‘IRHPs’).

• Acting for a major international law firm conducting a s.166 FSMA Skilled Person’s review into the mis-selling of IRHPs and consequential losses.

In 2012 Simon was seconded to the General Counsel’s Division of the Financial Services Authority, providing advice on a range of matters, and drafting sections of the FSA Handbook, in particular in relation to Collective Investment Schemes.

Appointments & Memberships

  • COMBAR
  • Financial Services Lawyers Association
  • Association of Pension Lawyers

Awards

  • Sir Louis Gluckstein Prize For Advocacy
  • Lord Denning Scholar, Lincoln’s Inn
  • Scholar, Christ Church, Oxford University

Simon Oakes is regulated by the Bar Standards Board (BSB) and holds a current practising certificate. If you are not satisfied with the service provided, please click here.

Portfolio Builder

Close

Select the Expertise that you would like to download or add to the portfolio

Download Add to portfolio
portfolio Portfolio [0]
Portfolio close
Title Type CV Email

Remove All

Download


Click here to email this list.