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

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

May 20, 2021

Selendy & Gay has once again been recognized as one of the nation’s leading law firms by Chambers and Partners. The firm’s Commercial Litigation and Securities & Structured Finance practices, along with several individual attorneys, were named among the best in their respective fields. 

“A high-powered litigation boutique” that “gets terrific results for their clients.”

Chambers praised Selendy & Gay’s “strong offering in commercial disputes” and impressive track record in securities cases, M&A litigation and class actions. The firm’s work on behalf of institutional clients in financial products disputes was also lauded, with Chambers highlighting “a series of huge settlements” obtained.

The firm was also recognized for representing private equity firm Cerberus Capital Management in a breach of contract action against the Canadian Imperial Bank of Commerce, and Ambac Financial Group in an action seeking more than $2 billion in damages from Countrywide Financial.

Clients of Selendy & Gay enthused:

"They're outstanding. Very hard-working, focused, and knowledgeable about the law, with an instinctively solid grasp of the case."

The firm “appears to have a real esprit de corps,” and “they have been very successful in recruiting excellent lawyers who are attracted by their vision of legal practice.”

Attorney Honors

Founding partner Philippe Selendy was once again ranked as a leading practitioner in general securities litigation and institutional plaintiff-side securities work. Chambers commended his work for institutional investors and financial institutions in RMBS and financial product litigation, which continues to distinguish him from his peers. Clients reported: “He's really smooth and very calm and thoughtful, and has a deep reservoir of credibility”; “I’ve always had very high regard for him.”

As in previous years, Caitlin Halligan was named among the nation’s top appellate attorneys. Her exceptional record on state and federal matters led clients to describe her as “a phenomenal appellate advocate with keen judgment and a great writing style.” Her prior experience as Solicitor General of New York and unique proficiency in the New York Court of Appeals were also highlighted, with one source calling her “very sharp, precise and tactically astute.”

David Elsberg, Selendy & Gay’s co-managing partner, debuted in Chambers this year for his expertise in general commercial litigation. Seen as “fearless and fabulously smart,” he was honored for successes ranging from contractual and fraud disputes to IP litigation and international arbitration. Clients praised him as “very creative, thoughtful and collaborative.”

Rounding out the firm’s individual attorney rankings was “powerhouse” founding partner Faith Gay. Gay earned accolades for her “first-rate” commercial litigation practice as well as her work in high-stakes white-collar cases and investigations. Her clients extolled her "unique skill in being able to read a judge and understand around the corners on complex matters,” and reported, “She is outcome-oriented and comes up with creative ways of proving points." 

For a complete list of Chambers’ USA 2021 rankings, please click here.