Shimshon Balanson (Shim)

Shim Balanson represents some of the world's largest financial institutions in high-stakes commercial disputes, regulatory matters, and complex structured products litigation in state and federal courts. His practice spans matters involving residential mortgage-backed securities (RMBS), collateralized debt obligations (CDOs), consumer finance class actions, and data privacy and cybersecurity litigation.

Shim has extensive experience defending financial institutions against cutting-edge claims challenging industry practices and established financial products. He has led teams in class actions and other significant cases brought against RMBS trustees alleging tens of billions of dollars in classwide losses, defended a public accounting firm in multiple litigations and a regulatory investigation related to its attest work for a failed commercial mortgage lender, and defended a financial services company in a data breach putative class action arising from a large and sophisticated cyber attack.

In addition to his litigation work, Shim has a wealth of counseling and advisory experience, including on issues relating to environmental, social, and governance (ESG) matters; the Truth in Lending Act (TILA); alleged unfair and deceptive business practices; and fair access to financial services and debanking.

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