The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Simmons & Simmons

CITYPOINT, ONE ROPEMAKER STREET, LONDON, EC2Y 9SS, ENGLAND
Tel:
Work +44 20 7628 2020
Fax:
Fax +44 20 7628 2070
DX:
12 LONDON CHANCERY
Email:
Web:
www.simmons-simmons.com

Charles Bankes

Tel:
Work 020 7628 2020
Email:
Simmons & Simmons

Position

Charles specialises in EU, competition and regulatory law and has extensive experience of their application within a wide range of industries. Charles’ practice covers all aspects of competition law including EU and UK merger control and cartel investigations, including appeals. He also has extensive experience of economic regulation in a number of sectors and has advised both regulators and regulated companies.

Career

Qualified 1991; partner EU and competition practice Simmons & Simmons, London 1998; seconded to Ofgem as general counsel (work included dealing with a broad spectrum of regulatory, UK and EC competition law issues) 1999-2001; co-author of ‚ÄėUK merger control: Law & Practice‚Äô (LexusNexis 2006).


London: Corporate and commercial

EU and competition

Within: EU and competition

The practice at¬†Simmons & Simmons¬†has particular strengths in the financial, energy, and TMT sectors.¬†Charles Bankes¬†now heads the team, following the retirement of previous co-head Tony Woodgate in October 2017; Bankes is noted for his strength in utilities sector advice. The team recruited¬†Satyen Dhana¬†from¬†CMS, adding his experience and expertise in the area of the application of competition law to financial services. Dhana ‚Äėcombines considerable knowledge with sound commercial acumen and a keen regard for detail‚Äô. Highlights included advising on the competition law aspects of a ten-year $1bn collaborative investment fund to tackle climate change for the Oil and Gas Climate Initiative and assisting SEI with the CMA‚Äôs market investigation into investment consultancy and fiduciary management services.

[back to top]

London: Dispute resolution

Competition litigation

Within: Competition litigation

The team at Simmons & Simmons specialises in antitrust litigation, and regularly advises clients on bringing and defending significant actions, both at the EU and national UK level. In a major victory for the client, 'immensely experienced' department head Charles Bankes led a team that successfully defended LG Electronics against a High Court Damages claim brought by iiyama following the European Commission's cartel findings in relation to the markets for cathode ray tubes. Bankes, alongside 'solutions-focused' Patrick Boylan and 'excellent litigator' Stephen Moses, is currently acting for BP in its High Court proceedings against Visa in a high value competition damages claim relating to cross-border and domestic multilateral interchange fees in Europe and the UK. In February 2018, the group was joined from CMS by Satyen Dhana, who has experience in UK and EU competition litigation. Former head, Tony Woodgate retired in October 2017.

[back to top]


Back to index

Legal Developments by:
Simmons & Simmons

  • Failure to counter financial crime: Norwich Union Life

    In December 2007, the Financial Services Authority (FSA) imposed a fine of £1.26m on Norwich Union Life (part of the Aviva Group), one of the largest life insurance businesses in the UK with around seven million customers. The fine related to failures to take reasonable care to establish and maintain effective systems and controls for countering the risks of financial crime. The fine is the latest confirmation of the emphasis being placed on protecting clients and customers from the threat of financial crime.
    - Simmons & Simmons

Legal Developments in London

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • The legal difference between a consultant and an employee according to Nicaraguan Law

    Knowing the legal difference between a consultant and an employee is important for a company that needs to hire someone in Nicaragua or for a person interested in rendering services for a company or another person, due to the fact that the nature of the contractual relationship will determine many factors that both parties must be aware of before executing the contracting modality that will govern the relationship between them - the nature of the contractual relationship impacts on the employment benefits, tax implications and liabilities that the parties must comply with according to the law.  labor_law_in_nicaragua
  • Single director - shareholder Companies according to the Nicaraguan legal system

    What is a Single Shareholder and Director legal entity?
  • Business in Nicaragua- The Most Important Changes in the Recent Tax Reform

    In recent years, the country ŐĀs the government has been committed to improving Taxation in Nicaragua and attempting to follow the legislative model used by some of the other countries in the region. Starting January 1st, 2013, a new tax law (Law No. 822, Tax Concertation Law) came into force in and completely changed the taxation system in Nicaragua. Two years later a new law was issued by the National Assembly containing more than 80 amendments, additions and repeals (Law No 891) which came into force December 18th, 2014.