In Guo v. Despins (In re Kwok), Adv. Pro. No. 24-2504, 2026 WL 922975 (2d Cir. Apr. 6, 2026), the Second Circuit affirmed that a Chapter 11 trustee has standing under the Bankruptcy Code’s “strong-arm” clause, 11 U.S.C. § 544, to bring outsider reverse veil-piercing claims against a debtor’s alleged shell company.
Corey Stoughton, special counsel at Selendy Gay, authored an article in the New York Law Journal examining the growing risks surrounding standing in appellate litigation.
In a significant win for Selendy Gay minority lender clients, Acting New York Supreme Court Justice Anar Rathod Patel almost entirely denied the defendants’ motions to dismiss the excluded lenders’ claims in the STG Logistics, Inc. liability management transaction litigation.
During Banned Book Week 2025, partner Lauren Zimmerman was featured in some of the nation’s leading publications for her insights into recent legal developments and the importance of ongoing advocacy.
In Sei Insieme LLC v. 307 Assets, LLC (In re 307 Assets LLC), 2025 WL 2751373 (2d Cir. Sept. 29, 2025), the Second Circuit affirmed the district court’s dismissal of Sei Insieme LLC’s (“Sei Insieme”) appeal of the debtor’s confirmed plan as equitably moot.
The Department of Justice Criminal Division announced it will be shifting its white-collar enforcement policies. In this alert, we review the key aspects of the Division’s new enforcement plan, as well as changes to existing DOJ policies on self-disclosure, monitorships, and the whistleblower pilot program.
We are several years into the arms race among tech incumbents and upstarts to develop new artificial intelligence applications. Many of the new tools are marketed directly to litigators, promising to make dispute resolution more efficient and less expensive. Selendy Gay tasked a dedicated team of lawyers and other legal professionals with testing litigation-specific applications of AI.
In an article published by Law360, partner Joshua Margolin and associate Sean Goldman-Hunt reflect on the recent Delaware Court of Chancery Section 220 ruling, and its impact on stockholders going forward.
On September 17, 2024, the U.S. Attorney’s Office for the Eastern District of New York (“EDNY”) announced a new whistleblower non-prosecution program (“EDNY Pilot Program”) “designed to encourage individuals to disclose original and actionable information about previously unknown criminal conduct undertaken by or through public or private entities or organizations.”
Recent litigation and enforcement actions signal the beginning of a regulatory shift toward increased scrutiny of crypto gatekeepers. This shift underscores the critical role crypto gatekeepers play in maintaining the integrity and stability of the rapidly evolving crypto sector and the increased need to protect investors.
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