Selendy Gay PLLC is often selected by plaintiffs looking to challenge inadequate corporate governance or bringing post-M&A suits, with considerable experience in litigating cases before the Delaware Court of Chancery. The team is spearheaded by founding partners Philippe Selendy and Jennifer Selendy, both of whom bring decades of expertise in handling breach of fiduciary duty, breach of contract and earnout disputes. They achieved a notable success for Fortis Advisors LLC in 2024, securing a $1.1bn award for it as a former shareholder in Auris Health, Inc. following its acquisition by Johnson & Johnson, which they alleged had committed breaches of contract and fraud in order to prevent earnout payments tied to the development of medical robots.
Legal 500 redaktioneller Kommentar
- Profil
Kernmandanten
- Fortis Advisors LLC
- Trifecta Multimedia Holdings
- Mudrick Capital Management L.P./Ellington Management Group
- UMB Bank NA
Highlight-Mandate
- Represented Fortis Advisors, the former shareholders of Auris Health, in an earnout dispute with its acquiror, Johnson & Johnson, securing a judgement for over $1bn.
- Represented Trifecta Multimedia Holdings Inc. and its founder, Dave Young, as lead counsel to plaintiffs in an earnout dispute in Delaware Chancery Court.
- Represented former holders of warrants in QuarterNorth Energy, Inc., who allege that the board of directors and controlling stockholders undervalued their warrants when conducting a contractually required anti-dilution adjustment in connection with a dividend to stockholders and a merger with Talos, Inc.
Anwält*innen
Praxisleitung
Philippe Selendy; Jennifer Selendy