I actually prefer the FormLayout, since it is very flexible but you have to write a lot of code though. And in the beginning its a little bit confusing with its percentage and pixel parameters.
But you can for example tell a control that it is 5 pixels left of another control (thats the main part...it layouts controls in relation to neighbors), then it takes 100% of the lasting space availabel including a border space of 5 pixels (you need to use -5 then).
I think it looks somewhat similar to this
FormData data = new FormData();
data.left = new FormAttachement(neighborControl, 5);
data.right = new FormAttachement(100, -5);
...
button.setLayoutData(data);
This example is for JFace, but there are Swing implementations as well.
I will look up my old code later this day to check if the code I wrote is right :)
Here´s a additional link