Firm Profile > Selendy & Gay > New York, United States

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

Securities litigation: plaintiff Tier 2

Selendy & Gay in New York has built up its presence in securities litigation since forming in 2018 around a core group of partners with an enviable track record of recoveries in mortgage-backed securities cases. Since then, the practice has diversified its caseload against banks, energy companies and major players in the pharmaceuticals market. An example of the firm's work in cutting-edge work is the case for a proposed class of crypto-commodity investors in a case alleging a massive conspiracy to exploit the false representation that the purportedly stable crypto-asset Tether was backed by US dollars as part of an elaborate market-manipulation scheme. Philippe Selendy and Andrew Dunlap are leading that matter. Sean Baldwin, who was a driving force behind the two largest RMBS recoveries for trustees in US history, is currently involved in a $2bn damages claim against Countrywide Financial for contributing to the global financial crisis of 2008.

Practice head(s):

Philippe Selendy

Other key lawyers:

Sean Baldwin; Andrew Dunlap

Key clients

Cerberus Capital Management

Ambac

Computershare

U.S. Bank

Christofferson Robb & Co.

Trilantic Capital Partners

MBIA & National Public Finance Group

Classes of investors in multiple digital tokens and other crypto-assets

Matthew Script, Benjamin Leibowitz, Jason Leibowitz, Aaron Leibowitz, and Pinchas Goldshtein

General commercial disputes Tier 3

New York-based boutique litigation firm Selendy & Gay has developed a fantastic reputation since entering the market in February 2018. Acting for plaintiffs and defendants, the team attracts a wide range of work, including fraud, unfair competition, securities and trade secrets litigation; however, its track record in financial services litigation is particularly impressive. In just one standout matter, the team is representing plaintiff Cerberus Capital Management in a $950m breach of contract action against the Canadian Imperial Bank of Commerce. Highly regarded for his trial practice, David Elsberg displays particular strength in financial litigation, including major bankruptcy and securities cases. Also recommended is founding partner Jennifer Selendy, who has experience in virtually every core area of commercial litigation.

Practice head(s):

David Elsberg; Jennifer Selendy

Other key lawyers:

Faith Gay; Jordan Goldstein; Yelena Konanova

Key clients

American Federation of Teachers

Cerberus Capital Management

Christofferson Robb & Co.

Financial Guaranty Insurance Co.

Ambac Financial Group

AMERRA Capital Management

MBIA and National Public Finance Corp.

McKinsey & Company

Kenneth Krys and Greig Mitchell as Joint Liquidators for three BVI funds: Fairfield Sentry Limited; Fairfield Sigma Limited; Fairfield Lambda Limited

Kingate Funds

Nexstar Broadcasting, Inc.

Regeneron Pharmaceuticals

UMB Bank NA

WeWork

US Bank

Appellate: courts of appeals / Appellate: supreme courts (states and federal)

Led out of New York by Caitlin Halligan, Selendy & Gay's appellate group garners praise for being 'very capable, creative, and responsive'. It maintains a notable presence in the New York Court of Appeals, where it most recently racked up wins for companies active in sectors such as pharmaceutical, healthcare, and insurance. The firm is also a destination preferred by large private equity clients, among others, for securities litigation. Further, clients benefit from the team’s close collaboration with the in-house project management group, particularly in the context of e-discovery and document review assignments.

Practice head(s):

Caitlin Halligan

Other key lawyers:

Sean Baldwin; Philippe Selendy

Testimonials

‘Very capable, creative, and responsive.’

Key clients

National Union Fire Insurance Company of Pittsburgh

Cerberus Capital Management

U.S. Bank

Ambac Financial Group

Steven Plavin

Pfizer, Inc.

Amsterdam Avenue Redevelopment Associates

Justice Center for the Protection of People with Special Needs

Lightstone Holdings

Computershare

Selendy & Gay’s practice is dedicated to excellence in litigation and investigations. Our partners and associates are a team of the most accomplished, lauded, and creative lawyers in the profession. By re-thinking law firm structure, operations, and culture, we have also crafted an environment for our lawyers to serve our clients’ needs with focus and efficiency. Putting our clients first includes learning their businesses to advise proactively and to be ready if crisis strikes. It also means bringing a strongly led, tightly-coordinated combination of talent and resources to each of our client’s priorities. Through critical thinking and collaboration, we offer an unmatched plaintiffs’ practice combined with a premier defense practice.

Our partners have earned industry-leading reputations by winning trials of the highest stakes in nearly every type of complex commercial litigation, arbitration, and investigation. As plaintiffs’ counsel, we have pioneered claims, and even practice areas, that recovered over $45bn for clients while holding institutional giants accountable. As defense counsel, we have won bet-the-company cases that threatened the existence of our clients’ businesses and business models, vindicated individuals in aggressive white-collar prosecutions, and counseled clients successfully in fast-moving investigations. Because of our extensive experience, we excel at anticipating legal maneuvers and staying several moves ahead.

Central to our success is our willingness to take cases to trial, if necessary. We have tried dozens of cases to verdict in state and federal courts across the nation and arbitrated many cases through to award, often stepping in at the last minute to handle distressed cases at trial or on appeal. Our experience brings our clients better courtroom results and also better settlements, because our adversaries have no doubt of the courtroom threat we pose.

Photo Name Position Profile
 Sean Baldwin  photo Sean Baldwin Partner
 Andrew Dunlap  photo Andrew Dunlap Partner
 Caitlin Halligan  photo Caitlin Halligan Partner
 Philippe Selendy  photo Philippe Selendy Founding Partner
Number of Partners : 13
Total Number of Lawyers : 59
English