David Elsberg, a founding partner at what was previously known as Selendy Gay Elsberg, has confirmed his decision to leave the boutique litigation firm to launch his own venture. The Wall Street legal outfit has since dropped Elsberg from its nameplate and is now known simply as Selendy Gay. The law firm has extended its goodwill towards Elsberg’s future endeavors, adding in a statement, “We thank David for his contributions to our firm and wish him the best of luck in his new endeavor.”
Elsberg is credited with representing significant clients during his tenure at Selendy Gay such as investment fund Fairfield Sentry Ltd. and Vitol Inc., a global energy corporation. Vitol Inc., it should be noted, is presently seeking arbitration against a business partner who reportedly has not settled their due payment for product delivery.
In spite of its relatively small size, Selendy Gay has forged a solid reputation for itself within the litigation sphere. The firm is presently representing clients like Assured Investment Management – a global asset management firm facing allegations of fraud by its funders. Another noteworthy case involves a plaintiff who is asserting that tech giant Apple Inc. has infringed upon their patented design, according to court documents.
The boutique law firm has notably placed big bets on lawsuits centered on crypto-based class actions, striking while the regulatory iron is hot as the government continues to scrutinize crypto-currency practices. With a legal team composed of nearly 80 attorneys, the firm embarked on a hiring frenzy for young litigators last year. Among its new partners is Temidayo Aganga-Williams, who played a pivotal role on the House Select Committee on the January 6th attack as their senior investigative counsel. Aganga-Williams joined Selendy Gay as a partner after a stint as a federal prosecutor in Brooklyn.
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