Chambers Names Selendy & Gay Among Nation’s Top Securities, Litigation Firms

April 23, 2020

Chambers Names Selendy & Gay Among Nation’s Top Securities, Litigation Firms

Selendy & Gay has been recognized as one of the nation’s leading law firms by Chambers and Partners. As in previous years, the firm’s Securities & Structured Finance practice, along with several individual attorneys, were named among the best in their fields. 

“Impressive Boutique Making Significant Tracks in Securities and Commercial Litigation” 

Chambers lauded the firm’s expertise representing institutional plaintiffs in complex securities matters, noting it, “regularly acts for institutional investors and banks on the plaintiff side of RMBS and other financial product litigation.” The firm’s role in a “series of huge settlements” was also highlighted, including the largest recovery to date in an RMBS putback suit, where it secured an $850 million settlement from UBS Real Estate Securities on behalf of U.S. Bank.

Chambers also praised the firm’s “strong results” in commercial disputes and M&A litigation, as well as in class actions and contract claims.

Clients interviewed in connection with Chambers’ ranking process shared:

“They're great to work with…incredibly creative and so practical. They have great expertise and knowledge of the judges in New York."

"The quality of work is among the best I've seen, and they are an absolute delight to work with."

Individual Honors

Philippe Selendy, noted as “The Man Who Took on Wall Street,” was described by market peers as "exceptionally talented." Selendy was also recognized for his work representing institutional investors and financial institutions as plaintiffs in RMBS and other financial product litigations. Chambers also highlighted his active practice defending companies in M&A-related and shareholder disputes. One client enthused: “[Philippe is] a unique superstar - he has enormous composure, brains and creativity."

Caitlin Halligan was hailed as an "appellate specialist" by sources who called her "a genuinely exceptional intellect, incredible brief writer, and an exceptional person." Chambers noted that Halligan’s appellate practice spans both federal and state appellate courts, with particular expertise in the New York Court of Appeals, drawing on her experience as a former Solicitor General of New York. Clients reported: "She's thoughtful, very well connected, and a pretty stellar resource. She's very assertive without being threatening, very reasonable but eloquent, and has a pedagogical way of making you understand."

The "phenomenal" Faith Gay garnered significant praise from sources for her work in high-stakes litigation covering commercial claims, white-collar issues and matters of constitutional law. One client lauded her "extraordinary feel for litigation," while another shared: "I've never met a lawyer like her; she combines so many talents into a single human body. She's incredibly responsive, unbelievably insightful, and her advice is always really sound."

For a complete list of Chambers' USA 2020 rankings, please click here.