Philippe Selendy > Selendy Gay Elsberg PLLC > New York, United States > Lawyer Profile

Selendy Gay Elsberg PLLC
1290 AVENUE OF THE AMERICAS
NEW YORK, NY 10104
United States

Work Department

Securities & Structured Finance

Position

Founding Partner

Career

Philippe Selendy is a founding partner of Selendy & Gay.

Heralded as “The Man Who Took on Wall Street” by the Financial Times, Philippe has recovered more than $35 billion for clients in the last decade alone. These successes include an unprecedented $25 billion settlement for U.S. taxpayers stemming from residential mortgage-backed securities suits brought against the world’s largest banks, a representation which earned Philippe The American Lawyer’s “Litigator of the Year” award and first-ever Grand Prize in Litigation.

Named one of the nation’s top 100 trial lawyers by Benchmark Litigationan “exceptionally talented” securities litigator by Chambers & Partners and a “Trailblazer” (twice) by the National Law Journal, Philippe has over 25 years of experience in complex commercial litigation with particular expertise in securities, financial products, insurance, energy, and antitrust disputes. He is also routinely sought after to represent clients in domestic and international arbitrations and high-stakes public sector litigations.

A supporter of advanced renewable energy technologies, Philippe serves on Vote Solar’s Leadership Council. He is a founding supporter of the independent Speyer Legacy School, and a board member of IQ Squared. Philippe sits on the New York City Bar Association’s Securities Litigation Committee.

Languages

English

Memberships

Founding Supporter of Speyer Legacy School

Education

Harvard Law School
(J.D., cum laude, 1993)

Harvard College
(A.B., cum laude, 1990)

Lawyer Rankings

United States > Dispute resolution > Securities litigation: plaintiff

(Hall of Fame)

Philippe SelendySelendy & Gay

Selendy Gay Elsberg PLLC, which changed its name from Selendy & Gay in 2022, has a securities and structured finance group based in New York that has amassed significant expertise in the financial services sector. The firm has in-depth understanding of structured finance and related insurance matters, including mortgage-backed obligations, synthetic and asset-backed collateralized debt obligations, credit default swaps, credit-linked notes, financial guaranty insurance, reinsurance, and other complex financial structures. As counsel to plaintiffs, the firm has secured recoveries from numerous investment banks, and ongoing work includes a case for MBIA & National Public Finance Group, representing the client in holding major Wall Street banks accountable for inequitable conduct that contributed to Puerto Rico’s economic collapse. Lead partner Philippe Selendy is currently acting for classes of investors in multiple digital tokens and other crypto-assets against crypto-asset exchanges. Andrew Dunlap and Sean Baldwin also play key roles in the practice.

United States > Dispute resolution > Appellate: courts of appeals / Appellate: supreme courts (states and federal)

Selendy Gay Elsberg PLLC‘s New York-based practice covers a broad scope of appellate work, with its recent cases spanning insurance, construction, financial services and securities, among other matters. Department chair Caitlin Halligan, a former Solicitor General for the State of New York, has argued six cases before the US Supreme Court, as well as handling cases in the federal and state appellate courts. Halligan recently represented AIG subsidiary National Union Fire Insurance Company of Pittsburgh in an insurance-related matter before the New York Court of Appeals. Other key contacts include Philippe Selendy and Sean Baldwin.