Simon Bishop

  • Partner
  • London
he / him / his
  • sbishop@hausfeld.com
  • +44 20 7936 0904
  • https://www.linkedin.com/in/simon-bishop-a324aa30/
Simon Bishop

OVERVIEW

Simon Bishop specialises in commercial litigation with a focus on disputes in the financial services sector. He was promoted to Partner in January 2022.

Expertise

Simon has advised on dozens of disputes relating to interest rate derivatives, securities issuances and trading, bank support units, financial benchmark manipulation, banking fraud, and general commercial matters. Simon has represented clients in various Courts in England and Wales, including the Chancery and Queen’s Bench Divisions of the High Court, and the Court of Appeal. He is also experienced in alternative dispute resolution, particularly mediation and arbitration (under various rules). Simon also advises on disputes relating to the environment and climate change, in both commercial and administrative law contexts.

Before training as a solicitor, Simon worked in derivatives and structured products for some of the world’s most prominent financial services institutions, including Morgan Stanley and State Street. The technical and industry knowledge gained during that time continues to benefit his clients. Having been in-house, he also appreciates the commercial pressures and competitive business climate.

Clients

His clients include institutional asset managers, small and medium-sized enterprises, publicly listed companies, global NGOs, firms of solicitors, insolvency office holders and lobbying groups.

EDUCATION

LLB (Hons) Law, University of Law
Legal Practice Course, University of Law
Graduate Diploma in Law, University of Law
BA (Hons) Philosophy and English Literature, The University of Sussex

BAR ADMISSIONS

Solicitor, England & Wales, 2013

AFFILIATIONS

Member - Financial Services Lawyers Association
Contributor - All-Party Parliamentary Group on Fair Business Banking
 

NEWS

Judicial review to force FCA to make banks pay for financial mis-selling

  • Commercial & Financial Disputes
  • United Kingdom
  • Feb 08 2022

Hausfeld announces seven senior promotions globally

  • Antitrust / Competition
  • Commercial & Financial Disputes
  • Environmental & Product Liability
  • Human Rights
  • Technology & Data Breach
  • United States, France, Germany, United Kingdom, Netherlands, Sweden, Belgium
  • Jan 05 2022

Chambers UK 2022: Hausfeld continues to lead in competition, banking and litigation

  • Antitrust / Competition
  • Commercial & Financial Disputes
  • Environmental & Product Liability
  • United Kingdom
  • Oct 21 2021

Legal 500 UK 2022 ranks Hausfeld in seven practice areas

  • Antitrust / Competition
  • Commercial & Financial Disputes
  • Environmental & Product Liability
  • Human Rights
  • United Kingdom
  • Sep 29 2021

Hausfeld welcomes Interim Report by Anne Whyte QC concerning allegations of systemic abuse against British Gymnastics

  • Antitrust / Competition
  • Human Rights
  • United Kingdom
  • Mar 10 2021

Gymnasts take legal action against governing body following decades of abuse

  • Human Rights
  • United Kingdom
  • Feb 26 2021

Government challenged over PPE supply contract worth $83 million

  • Human Rights
  • United Kingdom
  • Nov 17 2020

Chambers UK 2021: Hausfeld leads in competition and banking with new ranking in litigation

  • Commercial & Financial Disputes
  • Antitrust / Competition
  • United Kingdom
  • Oct 22 2020

Legal 500 UK 2021 continues to rank Hausfeld in all its core practice areas

  • Commercial & Financial Disputes
  • Antitrust / Competition
  • Human Rights
  • United Kingdom
  • Sep 30 2020

Group legal action against British Gymnastics considered by elite gymnasts

  • Human Rights
  • Antitrust / Competition
  • United Kingdom
  • Sep 09 2020

Hausfeld and Eskariam offer claimants last chance to recover deposits lost in Spanish property crash

  • Commercial & Financial Disputes
  • United Kingdom
  • Feb 17 2020

Legal 500 UK continues to rank Hausfeld in all its core practice areas

  • Antitrust / Competition
  • Commercial & Financial Disputes
  • United Kingdom
  • Sep 27 2019

EVENTS

UK Future Lawyer Week

  • Technology & Data Breach
  • London

  • 14 Sep 2021

The Implications for Investors of Developments in Climate Law

  • Environmental & Product Liability
  • Online

  • 21 May 2021

PUBLICATIONS

Champions of collective redress: is Europe catching up with the US?

  • Commercial & Financial Disputes
  • United Kingdom
  • Feb 23 2021

PERSPECTIVES

Quincecare duty of care not confined to companies and agents

  • Commercial & Financial Disputes
  • United Kingdom
  • Mar 18 2022

The HP v Autonomy litigation: a £4.5 billion dog leg

  • Commercial & Financial Disputes
  • United Kingdom
  • Mar 16 2022

Supreme Court to consider issues of loss and insolvency in Quincecare claims

  • Commercial & Financial Disputes
  • United Kingdom
  • Oct 21 2021

Crackdown on greenwashing by UK’s Competition and Market Authority leading up to COP26

  • Environmental & Product Liability
  • United Kingdom
  • Oct 05 2021

The age of investor activism and climate litigation dawns in Australia

  • Commercial & Financial Disputes
  • Environmental & Product Liability
  • United Kingdom
  • Nov 05 2020

Climate change: investors hold the key

  • Commercial & Financial Disputes
  • Environmental & Product Liability
  • United Kingdom
  • Jun 19 2020

EU to legislate for human rights and environmental due diligence

  • Human Rights
  • Environmental & Product Liability
  • United Kingdom
  • May 19 2020

WHAT OTHERS SAY

Chambers UK

Senior Associate Simon Bishop has a burgeoning litigation practice, with notable experience assisting with claims related to the mis-selling of financial products and benchmark manipulation. Ranked as an ‘Associate to Watch’. "He is exceptionally bright, very hard-working and operates at the level you would expect for a partner. He has an exceptional eye for the granular details." "He is a very sensible and helpful associate." - Banking Litigation – Mainly Claimant, Chambers UK 2022

Legal 500 UK

'Simon Bishop is fantastically bright and remains the best Associate/Senior Associate that I have worked with. He has insider industry experience, having previously worked in banking, which is a real asset to claimants when litigating against banks.' - Banking Litigation: Investment and Retail, 2022

'Simon Bishop: is fantastically bright. He has an unparalleled eye for detail and really gets stuck into the substance of his cases, with a degree of enthusiasm and rigour that goes well above and beyond the norm. Simon is also very business-minded and is brilliant at spotting legal trends and identifying emerging issues in litigation.' - Commercial Litigation: Premium, 2022

‘Senior associate Simon Bishop is extremely bright and has an exceptional eye for detail. He remains calm under pressure and is a real team player. He has consistently impressed me with his legal analysis and is probably the best non-partner solicitor I have ever worked with.' - Banking Litigation: Investment and Retail, 2021

'Simon Bishop is a great thinker and strategist' and is 'unusually easy to deal with and always works hard.' - Banking Litigation: Investment and Retail, 2021

'Has fantastic knowledge of financial products and banking processes'. - Banking Litigation: Investment and Retail, 2021

Simon Bishop is recognised as a 'key member'. - Banking Litigation: Investment and Retail, 2020

Experience

Commercial & Financial Disputes

Previously, he:

  • Was the lead associate acting for one of the third-party funders in the high-profile RBS Rights Issue Litigation.
  • Acted for the claimants in PremierMotorAuctions v PwC and Lloyds.
  • Was the lead associate in Flanagan v Liontrust, the leading case on the operation of the doctrine of repudiation on LLP agreements.
  • Has acted for various insolvency office holders in contested applications pursuant to the provisions of the Insolvency Act 1986.
  • Has acted in dozens of general commercial disputes relating to breaches of contract, intellectual property, partnership agreements, and various forms of finance and financial-hedging.


Currently, he is:

  • Lead Associate in two multi-million-pound securities actions.
  • Lead Associate in >£300m claim against a major UK bank.
  • Advising global NGOs in relation to commercial and financial services litigation caused by climate change.

Financial Services & Banking

Previously, he:

Was the lead Associate in Ventra Investments Limited v Bank of Scotland Plc.

  • Was the lead associate in dozens of disputes relating to interest rate hedging, foreign exchange hedging, banking fraud, and banking misconduct.
  • Acted for the claimants in Stuart Wall v RBS.
  • Acted in Flanagan v Liontrust, relating to the LLP structure of a significant asset management organisation.


Currently, Simon is working on complex financial services claims with an international dimension, relating to:

  • Representing the claimant in R (on the application of All-Party Parliamentary Group on Fair Business Banking) v The Financial Conduct Authority, in its application to challenge the lawfulness of the decision of the FCA not to establish a mechanism of redress following the exclusion of thousands of bank customers from the FCA’s compensation scheme relating interest rate swap mis-selling.
  • Two claims under section 90 of the Financial and Services and Markets Act 2000.The manipulation of the LIBOR and EURIBOR interest rate benchmarks.
  • A significant group action involving European investors.
  • The mis-selling of to large companies and institutional investors.
  • Corporate market reporting on issues connected to climate change.

Human Rights

Simon is part of the team:

  • Representing up to 37 British gymnasts - including 4 Olympians - against British Gymnastics in relation to allegations of systemic physical and psychological abuse perpetrated by coaches, and other personnel employed by British Gymnastics, upon children as young as six.

Public Law

Simon is part of the team:

  • Representing the claimant in R (on the application of All-Party Parliamentary Group on Fair Business Banking) v The Financial Conduct Authority, in its application to challenge the lawfulness of the decision of the FCA not to establish a mechanism of redress following the exclusion of thousands of bank customers from the FCA’s compensation scheme relating interest rate swap mis-selling.
  • Representing the Good Law Project in R (on the application of Good Law Project) v The Secretary of State for Social Care (with Saiger LLC as interested party), in its application to challenge the lawfulness of an award by the Government of a PPE contract for the supply of surgical gowns by a US jewellery retailer.

WHAT OTHERS SAY

  • Chambers UK, 2022

    He is exceptionally bright, very hard-working and operates at the level you would expect for a partner.

  • Legal 500 UK, 2022

    He has an unparalleled eye for detail and really gets stuck into the substance of his cases, with a degree of enthusiasm and rigour that goes well above and beyond the norm.

  • Chambers UK, 2021

    He's very smart and has an exceptional eye for detail - he is completely on top of every aspect of a case.

  • Legal 500 UK, 2021

    Simon Bishop is extremely bright and has an exceptional eye for detail. He remains calm under pressure and is a real team player. 

  • Chambers UK, 2021

    He is both client- and business-orientated, has excellent communication skills and offers clear strategic vision.

  • Legal 500 UK, 2021

    He has consistently impressed me with his legal analysis and is probably the best non-partner solicitor I have ever worked with.

  • Chambers UK, 2021

    A very able litigator.

  • Legal 500 UK, 2021

    Simon Bishop is 'a great thinker and strategist' and is 'unusually easy to deal with and always works hard'.

What I think

Quincecare duty of care not confined to companies and agents

  • Commercial & Financial Disputes
  • United Kingdom
  • Mar 18 2022

The HP v Autonomy litigation: a £4.5 billion dog leg

  • Commercial & Financial Disputes
  • United Kingdom
  • Mar 16 2022

Supreme Court to consider issues of loss and insolvency in Quincecare claims

  • Commercial & Financial Disputes
  • United Kingdom
  • Oct 21 2021

Crackdown on greenwashing by UK’s Competition and Market Authority leading up to COP26

  • Environmental & Product Liability
  • United Kingdom
  • Oct 05 2021

The age of investor activism and climate litigation dawns in Australia

  • Commercial & Financial Disputes
  • Environmental & Product Liability
  • United Kingdom
  • Nov 05 2020

Climate change: investors hold the key

  • Commercial & Financial Disputes
  • Environmental & Product Liability
  • United Kingdom
  • Jun 19 2020