Fintech
Cahill Gordon opens fintech studio in The Mill
Gregory Strong, Lewis Rinaudo Cohen and Sarah W. Chen have joined Cahill Gordon’s Digital Assets and Emerging Technologies practice group. | PHOTO COURTESY OF CAHILL
WILMINGTON – Cahill Gordon & Reindel LLPa New York-based law firm, has set up shop in the First State with three new partners and focusing on cryptocurrency and fintech practices.
Gregory Strong, Lewis Rinaudo Cohen and Sarah W. Chen have joined the firm’s Digital Assets and Emerging Technologies practice group. This specific practice is renamed CahillNXT. The firm will be co-chaired by Samson Enzer, who founded the group in 2021, and Cohen.
“By joining forces as CahillNXT, our combined team has the ability to handle the most significant and complex legal and commercial challenges facing the industry, from helping our clients structure, develop and launch projects involving use of crypto assets, to their defense in civil and criminal litigation or regulatory enforcement matters,” Enzer said in a prepared statement.
The company’s fourth location is in The Mill with room for additional partners and associates. Julie Cohen, director of marketing and communications at Cahill Gordon, said the Delaware office will see an increase in litigation related to digital assets and emerging technologies and defense and litigation. Cohen told the Delaware Business Times that “having a team in Delaware with experience in those areas will be a significant advantage.”
“We believe clients involved in such disputes are best served by advisors who deeply understand the technology and can leverage that understanding to achieve the best outcomes,” he added.
The Delaware office will be led by Strong, a former deputy attorney general of the Delaware Department of Justice. Strong provides regulatory and litigation advice on blockchain technology and digital transactions for businesses.
During his nearly 15-year tenure as deputy attorney general, Strong represented Delaware in enforcement actions following the 2008 financial crisis and led both its consumer protection and investor protection units.
As co-chair, Lewis Cohen will focus on the use of blockchain, crypto assets and tokenization in capital markets and economic activities. He co-founded DLx Law and previously advised clients on public equity, debt offerings and decentralized blockchain-based projects.
As a partner, Chen represents clients in the digital asset space ranging from blockchain development companies, founding entities, digital asset marketplaces, tokenization platforms, to venture capital firms, fintech companies and traditional financial institutions.
Chen previously worked with DLx Law as part of the mergers and acquisitions team and advised public companies and private equity firms on corporate transactions.
Strong, Cohen and Chen are “true cryptocurrency natives, having long focused their practice on the adoption and use of blockchain technology and tokenization across a broad range of market-leading projects, while managing overall corporate matters, venture financing, securities law compliance and financial regulatory matters,” Julie Cohen said in a press release.