Marcos Dracos KC > Chambers of Lord Grabiner KC > London, England > Barrister Profile

Chambers of Lord Grabiner KC
One Essex Court
TEMPLE
LONDON
EC4Y 9AR
England
Marcos Dracos KC photo

Position

Marcos Dracos undertakes a broad range of commercial work, with emphasis on international arbitration, conflict of laws, civil fraud, offshore and CIS related litigation. He has extensive experience appearing as counsel in international arbitration disputes (on his own or as part of a team), and he also sits as an arbitrator.

Marcos can advise on all aspects of English and Cypriot commercial law. He has full rights of audience in England and Cyprus and, in addition to his arbitration work, he frequently appears before courts in both jurisdictions. In England, he frequently acts in jurisdictional disputes and arbitration related matters. In Cyprus, he has acquired particular experience acting in jurisdictional disputes, arbitration claims, company and shareholder disputes, trust disputes, civil fraud claims, freezing order and disclosure applications. He also has experience appearing as an expert witness on English and Cypriot law in foreign courts and tribunals and is admitted as a barrister of the Eastern Caribbean Supreme Court in the Territory of the Virgin Islands. He is a member of the ICC Court of Arbitration (2021-2024).

Marcos has a PhD from the University of Cambridge where he also taught contract law. Presently he is a visiting lecturer at the law department of the University of Cyprus, lecturing on Cypriot Civil Procedure and Evidence.

Career

Called 2005, Middle Temple.

Languages

Greek.

Memberships

COMBAR.

Education

Corpus Christi College, Cambridge (2001 BA Law (First Class)); Gonville & Caius College, Cambridge (2006 PhD).

Leisure

Swimming.

Lawyer Rankings

London Bar > International arbitration: counsel

(2023 Silks)Ranked: Tier 1

Marcos Dracos KCOne Essex Court ‘Marcos has a formidable intellect which he combines with shrewd strategic acumen. His knowledge of arbitration is unrivalled and leaders benefit enormously from his assistance.’

(2023 Silks)Ranked: Tier 1

Marcos Dracos KCOne Essex CourtHis strength and qualities are an encyclopedic knowledge of arbitration rules and related case law, and a sharp commercial mind. He is exceptionally pragmatic but also wonderfully intelligent and clients always comment on his comprehensive written work.’

‘A class outfit and a really strong chambers for all things energy and broader commercial work’, One Essex Court ‘has extraordinary strength in depth.’ Members regularly appear in many of the main arbitral centres, representing clients in arbitration proceedings across a broad spectrum of industries, including aviation, construction and infrastructure, energy and mining, finance and banking as well as transport and telecoms. Recent examples include Hulley Enterprises Limited, Yukos Universal Limited and Veteran Petroleum Limited v The Russian Federation in which Laurence Rabinowitz KC, leading Henry Hoskins, acted for the Russian Federation in proceedings brought by the claimants in the Commercial Court for the recognition and enforcement of arbitration awards made in an international arbitration pursuant to the Energy Charter Treaty. Notable practitioners include Sa’ad Hossain KC on the senior end – Henry Forbes Smith KC and Marcos Dracos KC joined the silk ranks in March 2023.  Nehali Shah, Michelle Menashy and Rachel Oakeshott are strong and sought-after juniors.

London Bar > Banking and finance (including consumer credit)

One Essex Court is known for its ‘consistently high performing barristers‘ who have cemented their position as a preeminent set in banking and finance, with regular instructions received from all the major bank panel law firms. Some of the set’s recent highlights includes Philipp v Barclays, which dealt with the possible extension of Quincecare duties owed by banks to corporate clients to retail customers, which saw members such as Sonia Tolaney KC and James Ruddell acting for UK Finance in a Supreme Court appeal. Laurence Rabinowitz KC is regularly instructed in relation to commercial litigation and high profile disputes in overseas courts, while Lord David Wolfson KC has acted for a number of high profile banks like PrivatBank over the past year. Henry Forbes Smith KC and Marcos Dracos KC were both appointed as silk in 2023. Nathaniel Bird joined the team in October 2023.