WILMINGTON – Cahill Gordon & Reindel LLP, a New York-based law firm, has opened shop in the First State with three new partners and a focus on cryptocurrency and fintech practices.
Gregory Strong, Lewis Rinaudo Cohen, and Sarah W. Chen have joined the firm’s digital assets and emerging technology practice group. This specific practice is rebranded as CahillNXT. The practice 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 capacity to handle the most significant and complex legal and business challenges that the industry faces, from helping our clients structure, develop, and launch projects that involve the use of crypto assets, to defending them in civil and criminal litigation or regulatory enforcement matters,” Enzer said in a prepared statement.
The firm’s fourth location is in The Mill with room for additional partners and associates. Cahill Gordon Marketing and Communication Director Julie Cohen said the Delaware office will have an increase in digital assets and emerging technologies litigation and enforcement defense and litigation. Cohen told the Delaware Business Times that “having a team in place in Delaware with expertise in those areas will be a significant advantage.”
“We feel that clients involved in those disputes are best served by counsel that deeply understands the technology and can leverage that understanding to achieve the best results,” she added.
The Delaware office will be led by Strong, a former deputy attorney general in 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 the Consumer Protection and Investor Protection units.
As co-chair, Lewis Cohen will focus on the use of blockchain, crypto assets and tokenization across capital markets and economic activities. He co-founded DLx Law and previously advised clients on public equity, debt offerings and blockchain-based decentralized projects.
As partner, Chen represents clients in the digital asset space that range from blockchain development companies, foundation 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 crypto natives, having long focused their practice on the adoption and use of blockchain technology and tokenization across a wide range of market-leading projects, along the way handling general corporate matters, venture financing, securities law compliance, and financial regulatory matters,” Julie Cohen said in a press statement.
