Philippe Selendy > Selendy Gay PLLC > New York, United States > Lawyer Profile
Selendy Gay PLLC Offices
1290 AVENUE OF THE AMERICAS
NEW YORK, NY 10104
NEW YORK
United States
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Philippe Selendy

Work Department
Securities & Structured Finance
Position
Partner
Career
Philippe Z. Selendy is a founding partner of Selendy Gay. He has more than 30 years of experience in litigating and trying cases at the highest level across a wide range of subject matters, recovering more than $37 billion for clients in the last two decades.
Heralded as “The Man Who Took on Wall Street” by the Financial Times, Philippe’s successes include an unprecedented $25 billion in trial victories and settlements for U.S. taxpayers stemming from eighteen residential mortgage-backed securities suits brought against the world’s largest banks, leading The American Lawyer to name Philippe “Litigator of the Year” and award him its first-ever “Grand Prize in Litigation.”
In 2024, Philippe secured, on behalf of the former stockholders of Auris Health, Inc., a $1.1 billion trial victory in a long-running earnout dispute against Johnson & Johnson. The decision constituted the largest award in Delaware history in a post-merger earnout case.
In 2023, Philippe secured an $855 million trial victory for private equity firm Cerberus Capital Management against the Canadian Imperial Bank of Commerce in a breach of contract action arising from highly complex credit-linked notes between sophisticated counterparties.
Described as an “exceptionally talented” litigator by Chambers & Partners and listed in the “Hall of Fame” by Legal 500, Philippe has been repeatedly named a (seven-time) “Litigator of the Week” by The American Lawyer, a “Securities MVP” and “Banking MVP” by Law360, one of the nation’s “Top 100 Trial Lawyers” and a “Litigation Star” by Benchmark Litigation, and a (two-time) “Trailblazer” by the National Law Journal.
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 > M&A litigation: plaintiff
Selendy Gay PLLC is often selected by plaintiffs looking to challenge inadequate corporate governance or bringing post-M&A suits, with considerable experience in litigating cases before the Delaware Court of Chancery. The team is spearheaded by founding partners Philippe Selendy and Jennifer Selendy, both of whom bring decades of expertise in handling breach of fiduciary duty, breach of contract and earnout disputes. They achieved a notable success for Fortis Advisors LLC in 2024, securing a $1.1bn award for it as a former shareholder in Auris Health, Inc. following its acquisition by Johnson & Johnson, which they alleged had committed breaches of contract and fraud in order to prevent earnout payments tied to the development of medical robots.
United States > Dispute resolution > Securities litigation: plaintiff
(Hall of Fame)Noted for its willingness ‘to go the extra mile and try cases’, New York-based litigation boutique Selendy Gay PLLC excels in handling complex commercial disputes for both plaintiffs and defendants. On the plaintiff front, under the guidance of seasoned litigator Philippe Selendy, the team gained a reputation for its dogged pursuit of Wall Street in the aftermath of the financial crisis. Some legacy cases remain active, including for US Bank in an action seeking recovery of hundreds of millions of dollars from DLJ Mortgage Capital, Inc. (DLJ) and Ameriquest Mortgage Company for their alleged misconduct in originating and securitizing mortgage-backed securities. Most recently, the firm has been at the vanguard of crypto-related securities litigation, with Jordan Goldstein, who co-heads the overarching securities and structured finance team alongside Selendy, representing plaintiffs in a number of closely watched cases to determine whether digital assets are classified as securities and therefore subject to SEC oversight.
United States > New York City Elite > Commercial disputes
(Commercial disputes)An exceptional trial lawyer and founding partner of Selendy Gay PLLC, Philippe Selendy is a go-to litigator for complex commercial disputes, having a reported recovering of $37bn for his clients over the past two decades. Recent standout cases include representing Fortis Advisors in a billion-dollar earnout dispute against Johnson & Johnson (the largest post-merger earnout case awarded in Delaware’s history) and securing a $855m trial victory for private equity firm Cerberus Capital Management.
United States > Dispute resolution > General commercial disputes
Litigation firm Selendy Gay PLLC represents both plaintiffs and defendants from various jurisdictions, spanning an impressive array of industries. The team boasts niche specialisms, including liability management transaction disputes, post-M&A litigation and bankruptcy litigation. Philippe Selendy remains a go to for representation in long-running litigation and arbitration and leads the New York-based team alongside Jennifer Selendy, an expert in lender-on-lender disputes. Practice co-head Faith Gay‘s broad expertise ranges from financial, securities and bankruptcy litigation to IP and contractual disputes, and Maria Ginzburg focuses on complex commercial and financial disputes. Oscar Shine is regularly called upon by plaintiffs and defendants, while David Coon‘s national practice sees him represent clients at state and federal courts. Julie Singer and Meredith Nelson are other names to note.
Lawyer Rankings
- Commercial disputes United States > New York City Elite
- Commercial disputes United States > New York City Elite > Commercial disputes
- Hall of Fame United States > Dispute resolution > Securities litigation: plaintiff
- General commercial disputes United States > Dispute resolution
- M&A litigation: plaintiff United States > Dispute resolution
- Securities litigation: plaintiff United States > Dispute resolution