Electra City Tower
58 Harakevet St.
Tel Aviv
6777016
Eyal Nachshon
Eyal specializes in complex litigation in various areas of commercial and economic law, particularly the fields of corporate and securities law
Eyal has gained considerable experience representing economic bodies – banking and financial institutions, public companies, private companies, and senior businessmen – in high-volume, complex legal proceedings before the various courts, including district courts and the Supreme Court.
Eyal has particular experience representing individuals and companies in class action suits. He defends class actions in several substantive areas, ranging from antitrust, allegedly deceptive business practices, false advertisement, product liability, and accessibility. Eyal also represents high-net-worth individuals in civil and commercial litigation.
He is also known for his strategic and creative counsel in the management of complex class action litigation.
Eyal’s litigation experience also extends to derivative claims, control disputes, and administrative petitions of an economic nature.
Before joining Barnea, Eyal served as a legal assistant to Justice Esther Hayut of the Supreme Court. He also worked for a number of years at leading law firms in the practice areas of commercial-economic litigation and white-collar crime.
Prominent legal directory The Legal 500 ranks Eyal as a Next Generation Partner in Dispute Resolution: Local Litigation and Arbitration
Eyal has been a tutor and a guest lecturer for various courses at Hebrew University, the University of Haifa, and the College of Law and Business in Ramat Gan.
Education:
Columbia Law School, New York (LL.M, Harlan Fiske Stone Scholar), 2011
University of Haifa (BA in economics, LL.B, cum laude), 2008
Admission:
Member of the Israel Bar Association since 2009
Insights & News - Eyal Nachshon:
Interview with Eyal Nachshon: When should you sue the airline in a class action?
Eyal Nachshon, an expert in class actions, was interviewed by Globes following the recent rise in motions to certify class action, mainly due to the escalation in the security situation. Among other things, Eyal noted: "Nowadays, people tend to rush to file lawsuits in order to be first in line, but it’s important to stop and consider whether this is the right legal tool for their specific case."
Representation of Bank Hapoalim in a class action filed against it
Eyal Nachshon, Zohar Haim Levinger and Anna Elenport represented Bank Hapoalim in a class action lawsuit filed by the Association of Representatives of Society and the Environment. In the application for the class action, it is claimed that the bank charges excessive exchange fees when converting monies in foreign currency. The court rejected the application out of hand and stated that the submission of the application constitutes conduct in bad faith and misuse of a legal process.
Outright Dismissal of lawsuit
Our firm represented a CFO who previously served at one of the largest construction companies in the country in a lawsuit filed with the Tel Aviv District Court (Economics Department). The lawsuit was initiated by the trustee appointed to the company as part of an insolvency proceeding.
The CFO, who served for only a few months at the company, was one of dozens of defendants, including board members, members of management, controlling owners, and auditors, all of whom were held jointly and severally liable for damages allegedly amounting to approximately ILS 500 million due to the company’s collapse and subsequent insolvency proceedings.
Despite the lawsuit raising several factual and legal claims against the CFO, we took the unusual step of filing a motion to dismiss the lawsuit outright on behalf of the CFO, before even submitting a statement of defense. The grounds for this motion included lack of cause and lack of standing. Following discussions with the trustee, an agreement was reached to remove the CFO from the lawsuit. As a result, the CFO was not held personally responsible for any of the alleged damages, with collective responsibility being attributed to all remaining defendants.