ShimshonBalanson (Shim)

Partner

Cleveland + 1.216.586.0614

Shim Balanson represents some of the world's largest financial institutions in structured products and commercial litigation in state and federal courts. He represents clients in significant cases involving complex financial products, such as residential mortgage-backed securities (RMBS) and collateralized debt obligations (CDOs). He also has experience representing clients in consumer finance and securities-related litigation, as well as regulatory agency investigations.

Shim's recent representations have focused on defending financial institutions against cutting-edge claims challenging industry practices and established financial products, as well as defending a financial services company in a data breach putative class action arising from a large and sophisticated cyber attack. Exemplar matters Shim has handled include defending trustees in a class action and several other significant cases brought by investors in RMBS, a public accounting client in multiple litigations and a regulatory investigation relating to its attest work for a failed commercial mortgage lender, and a financial institution client in a class action concerning the manner in which it assesses its checking account overdraft fees.

Shim also has a wealth of counseling and advisory experience, including on issues relating to environmental, social, and governance (ESG) matters.

Shim also has dedicated time to pro bono matters. He has represented clients seeking Holocaust reparations as part of Jones Day's partnership with Bet Tzedek Legal Services. In addition, Shim serves on the board of directors of West Creek Conservancy.

From 2013 through the summer of 2017, Shim was editor of the climate change litigation section of Jones Day's quarterly electronic climate change advisory, The Climate Report.