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Publications

  • David Coon and Claudia Tobler Examine the Meaning of “Payment” in LME Litigation in New York Law Journal
    Selendy Gay partners David Coon and Claudia Tobler examine how courts are interpreting the meaning of “payment” in liability management exercise (LME) litigation in a new New York Law Journal article.
    September 21, 2026
  • The Offshore Restructuring Playbook: How U.S. Companies Are Using U.K. Courts to Cut Debt
    U.S. companies facing financial distress are increasingly turning to U.K. courts for relief they can’t get at home—then enforcing those results stateside. The strategy is gaining traction, and corporate leaders should understand when it works.
    August 5, 2026
  • How Reincorporating In Texas May Alter Earnout Disputes
    Delaware companies are reincorporating in Texas — 10 in the first half of 2026, more than in all of 2025. Many blame Tornetta v. Musk for this so-called DExit. After the Delaware Court of Chancery rescinded his $56 billion Tesla compensation package in 2024, Elon Musk tweeted: "Never incorporate your company in the state of Delaware." The DExit debate has focused on shareholder suits against companies. Far less attention has gone to what the move means for disputes between M&A counterparties. Many merger agreements contain earnout provisions, making part of the purchase price payable after closing if the acquired business meets specified targets like revenue, regulatory approval or product milestones.
    July 9, 2026
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Awards

  • David Flugman Named Among 2027 ‘Leading Cayman Lawyers’ by Lawdragon
    Selendy Gay partner David S. Flugman has been named to the 2027 Lawdragon 100 Leading Cayman Lawyers list. Now in its third iteration, the list recognizes lawyers handling sophisticated disputes, fraud claims and insolvencies as well as significant funds, finance and restructuring matters, involving the Cayman Islands.
    October 1, 2026
  • Selendy Gay Earns Back-to-Back Litigation Honors for High-Profile Defamation Win
    Law360 named Selendy Gay a Legal Lion for the second time in two months, while The American Lawyer recognized the firm with a Litigator of the Week Shout-Out for helping secure dismissal of a defamation suit against MS NOW analyst Andrew Weissmann. Faith Gay, Corey Stoughton, and Rachel Slepoi represented Weissmann alongside co-counsel.
    September 29, 2026
  • Selendy Gay’s Distinguished Litigators Drive Continued Momentum
    Selendy Gay, the premier law firm for complex, high-stakes commercial litigation, is earning wide-ranging recognition for the depth and impact of its attorneys’ work across the legal industry. In recent months, leading legal and business publications have honored Selendy Gay attorneys at all levels of the firm for their work on significant disputes, leadership within the profession, and contributions to the community. The firm has also maintained strong positions in major industry rankings and earned new distinctions in key areas of practice.
    September 17, 2026
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