Marcus Smith is a barrister specialising in commercial law. He has degrees in law from Oxford University and studied at the University of Munich. He was called to the Bar in 1991, and is a member of Fountain Court Chambers in London. He has an extensive commercial litigation and international arbitration practice. His work mainly concerns cases with a strong technical element and spans a wide range of subject areas including aviation, banking, commercial contracts, conflicts of law, insurance and reinsurance, IT/telecommunications, professional negligence and sports. He is the author of the leading textbook in the area of intangible property - “The Law of Assignment: The Creation and Transfer of Choses in Action” and is one of the authors of “Private International Law of Insurance and Reinsurance”. He is also the consultant editor for the title “Choses in Action” in Halsbury’s Laws of England and has written widely on matters of contract, trusts, insurance and private international law.
Appointments to the panel of chairmen are made pursuant to section 12 of the Enterprise Act 2002. The appointments are part-time and the current rate of remuneration is £600 per day.
The other current members of the panel of chairmen include the judges of the Chancery Division of the High Court, Lord Carlile QC and Vivien Rose.