Chambers USA Names Selendy Gay Among Nation’s Top Securities and Commercial Litigation Firms

June 1, 2022

Chambers USA Names Selendy Gay Among Nation’s Top Securities and Commercial Litigation Firms

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

“An impressive boutique making significant tracks in securities and commercial litigation.” – Chambers and Partners

Chambers praised Selendy Gay’s “strong offering in commercial disputes” and impressive track record in securities, business torts and antitrust-related litigation. The publication also said the firm “possesses considerable prowess … in disputes concerning financial products,” as well as experience in securities actions in the cryptocurrency sector.

The firm was further recognized for representing private equity firm Cerberus Capital Management in a breach of contract action against the Canadian Imperial Bank of Commerce. Another noted matter was Selendy Gay's representation of Computershare in a putback action against Nataxis Real Estate Capital, which alleged loans in an RMBS trust violated multiple warranties made by Nataxis and that it failed to repurchase defective loans as required by transaction documents. Finally, Chambers noted the firm's work on behalf of a class of purchasers of various cryptocommodities in a bitcoin market manipulation case against Bitfinex and Tether.

Clients of Selendy Gay enthused:

"Their ability to quickly learn complex areas of law is outstanding."

 "They are really, really good and talented lawyers. They find real cases and litigate them effectively."

 Attorney Honors

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 is uniquely talented. He's very effective and very client-friendly.”

“Powerhouse” Faith 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 reported, “She's smart and communicates very effectively, with tremendous credibility.”

David Elsberg is described as “fearless and fabulously smart” and was honored for successes ranging from contractual and fraud disputes to IP litigation and international arbitration. Clients praised him as “an excellent litigator with a strong commercial sense.

Caitlin Halligan was again named among the nation’s top appellate attorneys. Her exceptional record on state and federal matters led clients to describe her as ““always very thorough, thoughtful and deliberate in her approach. She commands respect both as a person and as an advocate.” Her prior experience as Solicitor General of New York and unique proficiency in the New York Court of Appeals were also highlighted.