With considerable experience, founding partner of Selendy Gay PLLC Philippe Selendy is well-versed in trying cases on behalf of corporate and financial institutions. Selendy’s practice focusses on complex, high-profile cases, predominantly involving earnout matters, financial litigation, fraud and other business disputes. Some of Selendy’s key clients include Fortis Advisors, SaveOnSP, and UMB Bank.
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212-390-9002
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Accolades

New York Elite

Profile

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)

Content supplied by Selendy Gay PLLC

Key clients

  • Fortis Advisors Albertsons Companies Genesis Litigation Oversight Committee UMB Bank SaveOnSP Ligado Networks A proposed class of investors who purchased the purported “stablecoin” USDT Chairman of Corp Group

Work highlights

Represented Fortis Advisors in a merger earnout dispute with its acquiror, Johnson & Johnson, resulting in a $1.1 billion payout in damages for the client.
Filed a $6 billion lawsuit on behalf of the client in connection with a M&A dispute with Kroger.
Filed two lawsuits on behalf of the cryptocurrency lending and trading platform's creditors who were owed crypto assets worth $2.2 billion in the face of the platform's Chapter 11 bankruptcy.