Nik Yeo > Fountain Court Chambers > London, England > Barrister Profile

Fountain Court Chambers
FOUNTAIN COURT, TEMPLE
LONDON
EC4Y 9DH
England
Nik Yeo photo

Position

Commercial litigation and arbitration, particularly cross-border disputes and disputes arising from fintech, fraud and finance, including disputes over digital assets, cryptocurrencies, blockchains and ‘smart contracts’.

Comfortable with technological-intensive disputes of all kinds, Nik has been involved in a number of important cryptocurrency disputes.  He acted for the English crypto market maker, B2C2, in the ground-breaking, leading case of B2C2 v Quoine [2020] SGCA(I) 02, on cryptocurrency / algorithmic trading before the Singapore International Court of Appeal.  The case has been described as “landmark” by Oxford University’s Computer Science Dept.

Nik regularly acts for a leading crypto exchanges and wallet providers.  He represents a number of start-up crypto platforms, including one which is developing a DLT with far greater efficiency than blockchains.  Nik regularly advises on the scope of applicable UK financial regulatory regimes to such platforms.  Nik’s technology practice has also involved representing several leading mobile phone manufacturers such as Nokia in various licensing disputes before the Courts and in arbitration.

Nik also has a particular focus on professional negligence (Chambers & Partners Professional Negligence Junior of the Year in 2016) – from disputes arising from the complex valuation of securitised assets to claims against solicitors, barristers and bankers.  He acted for the claimants in what the press called the “valuation trial of the century”, Gemini v CBRE and King Sturge, arising out of a £1.2 billion commercial mortgage-backed securitisation, with an expert report running to 13,000 pages.

Nik’s financial disputes practice focuses on the most complex financial products, such as the Constant Proportion Debt Obligations (CPDO); he has represented Lehman Brothers Inc (the US broker dealer of the Lehmans group) in a various proceedings arising out of the global financial crisis, including a leading case on the operation of the capital markets.  He is currently acting for a claimant in a multi-jurisdictional set of claims against former financial advisers, involving novel schemes for so-called investment.

Nik has been briefed by, or against, sovereign states in respect of financial products:  Nik was briefed by UK HM Treasury in the finalisation of the Asset Protection Scheme – the £1/4 trillion scheme for the protection of assets of RBS and Lloyds TSB.  This was called by the press “the most complex and important mandate of the credit crunch”.  Nik represented a significant holder of Greek sovereign debt in the Greek financial crisis.  He represented a large foreign sovereign wealth fund in a multi-billion dollar cross-border fraud claim.

He also regularly litigates energy and natural resources; insurance and re-insurance disputes; private equity, leveraged financing and shareholder disputes.  This includes shareholder disputes arising from internet-based businesses (drawing on Nik’s tech focus).

Nik is also an acknowledged expert in the law of legal professional privilege, having represented clients on that issue before both the English and Caribbean courts and being a co-author of the leading English law text Thanki (ed) The Law of Privilege.

Career

Called 2000. Former solicitor with Slaughter and May, London.

Memberships

COMBAR, LCIA, Chancery Bar Association.

Education

BA (Hons), LLB (Hons) (Melbourne) and BCL (Oxon).

Lawyer Rankings

London Bar > Crypto and blockchain assets

(Leading Juniors)Ranked: Tier 1

Nik YeoFountain Court Chambers ‘Energetic and insightful with a  thorough understanding of the developing law of crypto-insolvencies.’

A ‘go to set’ for cryptocurrency and blockchain assets, Fountain Court Chambers include members who work with leading UK and international financial institutions on the legal aspects of financial technology, digital banking and cryptocurrency. Members of Chambers advise on a full range of existing legislation such as data protection, cybersecurity and anti-money laundering, alongside smart contracts and crypto bridges. Christopher Langley is involved in cryptocurrency disputes, and has acted for leading exchanges and NFT projects on contractual and regulatory matters. Nik Yeo and Simon Atrill KC both have expertise in litigation involving exchanges.

London Bar > Financial services regulation

(Leading Juniors)Ranked: Tier 3

Nik YeoFountain Court Chambers ‘Nik is responsive, clear and always understands the instructions.’

London Bar > IT and telecoms (infrastructure and contracts)

(Leading Juniors)Ranked: Tier 2

Nik YeoFountain Court Chambers ‘Nik is able to get up to speed on most important aspects of a technical complex case exceptionally fast. He is super responsive and proactive, both in relation to reviewing certain procedural correspondence, reviewing and commenting on the draft submissions and expert report, as well as advising on the overall case strategy.’

London Bar > Commercial litigation

(Leading Juniors)Ranked: Tier 5

Nik Yeo – Fountain Court Chambers

Nik is one of the leading juniors in the crypto and digital assets space, where his knowledge – both of the products and the law – is matched by few.

London Bar > Professional negligence

(Leading Juniors)Ranked: Tier 2

Nik YeoFountain Court ChambersAn absolute star. Thorough, responsive and drafts beautifully. Clients are always delighted to have Nik in their corner.

London Bar > Banking and finance (including consumer credit)

(Leading Juniors)Ranked: Tier 3

Nik YeoFountain Court Chambers 

Asia Pacific - The English Bar > Commercial

(Leading Juniors)Ranked: Tier 1

Nik Yeo – Fountain Court ChambersNik is extremely bright, commercially savvy, and adds tremendous value to any team.’