WASHINGTON, September 1, 2022 /PRNewswire/ — Brown Rudnick announced today that Stephen Palley, Matthew Richardson, Preston Byrne and Hailey Lennon have joined the company as partners in the practice of digital commerce, supporting enterprises, platforms in various stages of development, startups, protocol developers, exchanges, financial institutions, investors, miners and a wide range of companies and individuals working in and around the digital commerce, blockchain and cryptocurrency space.
They are joined by a partner Jeff Karas. This decision, coupled with the firm’s strong international platform in the region, propels Brown Rudnick to the forefront of law firms advising on matters related to cryptocurrencies, digital assets and blockchain.
“We are delighted to welcome this team to our firm,” said Vince Guglielmotti, CEO and President of Brown Rudnick. “Our clients are increasingly in the digital asset space as founders, investors, or traditional corporate entities looking to utilize technologies such as Blockchain and cryptocurrencies in their business. This team of Extremely talented lawyers bring the kind of insights and skills that will benefit our clients by enhancing our ability to deliver an end-to-end experience, especially for those moving into the technology space.”
Marc DorfManaging Director of the company’s Corporate & Capital Markets department, added, “We are committed to expanding our digital commerce practice, and with the addition of this team, we now have one of the leading digital commerce practices in the world. world, offering a full suite of high value-added services.”
Palley, a litigator and regulatory attorney, will be based in washington d.c., with corporate attorneys Richardson and Byrne. Lennon, also a corporate attorney, will be based in Orange County. The group joins from Anderson kills, where Palley was founder and president of the Technology, Media and Distributed Systems group. He will serve as co-chair of Brown Rudnick’s digital commerce practice.
“Each of these new partners brings with them a wealth of experience that exponentially enhances our capabilities in the digital asset space,” said Clara Krivoy, co-president of the firm’s Digital Commerce practice. “Not only are they world-class talent, but they will fit perfectly into our current team. These are exactly the kinds of moves that will help us better serve our customers globally.”
The addition of this group marks the latest in a series of strategic hires for Brown Rudnick this year. In technology, the Firm expanded its Corporate practice and deepened its bench of technology industry-focused lawyers in January with a group of five partners led by David Sorin in New Yorkand the addition of Ben Hron in Boston. The company continued to expand its technology capabilities in July by expanding its energy transition practice with the addition of James Douglas in London.
The Cabinet also added Jeff Cottle as a white-collar partner in the London and DC offices in January. White-collar defense, investigations and compliance practice continued to grow with the addition of a Department of Justice veteran Mark Grider in April and Aaron Lang in May.
“We’ve come a long way this year as we evolve to help our customers solve increasingly complex challenges. But this is just the beginning,” said Béville Sunni, Managing Director of the Firm’s Dispute Resolution & Restructuring department. “Our focus remains on building in the areas where we excel. This infusion of talent allows us to continue to provide the forward-thinking advice our clients have come to expect.”
Palley said, “My colleagues and I were drawn to Brown Rudnick because many of his practice and industry groups, especially technology, complement ours. We look forward to working with our new colleagues to provide our customers with access to a wide range of capabilities in the technology industry. The company’s deep business, regulatory and technology practices, as well as its footprint in the UKwill be excellent resources for current and future clients.”
About new partners
Palley focuses his practice on litigation, trial practice, insurance recovery and outsourced general counsel services, with a strong focus on the digital asset space and a focus on assisting customers to create legally compliant software solutions. He has extensive experience in software design and development and is well known in the cryptocurrency community.
With over 20 years of litigation experience and deep technical and regulatory knowledge in the United States, Palley acts as outside general counsel for technology and media startups and as a trusted advisor to established companies in a range of industries, with a focus on securities and financial regulatory law. .
In addition to his technology practice, Palley is an experienced insurance collections attorney, Fellow of the American College of Coverage and Extra Contractual Counsel – an invitation-only association of top insurance attorneys in the United States and Canada – and uses his insurance knowledge and experience to advise clients on insurance coverage issues related to technology and other risks.
Palley has written extensively and been widely quoted on legal issues arising from the use of Blockchain technology, with appearances in print and television media. He is the editor of the International Journal of Blockchain Law (IJBL), a legal journal launched in November 2021 to help non-legal communities better understand Blockchain applications and digital assets.
Byrne advises a wide range of businesses on complex cross-border legal issues arising from the use of advanced technologies. His experience includes advising cryptocurrency miners, stakers and farmers, wallet providers and custodians, decentralized protocol developers, hedge funds and other institutional investors, custom software development shops and corporations. of social networks, in United States and internationally, on a wide range of matters, including general corporate labor, intellectual property and licensing, commercial litigation, government relations and investigations.
Byrne previously served as a co-founder of an enterprise blockchain startup and developer of the first “authorized” blockchain design. During his tenure, he and his team designed blockchain prototypes for several major global companies.
Byrne is a well-known thought leader in the blockchain space. He is frequently invited to speak at conferences and industry events on blockchain and cryptocurrency technology.
Lennon provides clients with front-line advice on regulatory requirements related to fintech and crypto businesses, including the Financial Crimes Enforcement Network (FinCEN), Office of Foreign Assets Control (OFAC), Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). Lennon also handles SEC investigations and enforcement actions regarding the cryptocurrency space. It helps clients obtain state funds transfer licenses, the New York Bitlicense, Wyoming the Special Purpose Depository Institutions License (SPDI) and the National Trust and Bank Charters. Lennon is a Certified Anti-Money Laundering Specialist (CAMS).
Lennon is a former regulatory advisor to major cryptocurrency platforms Coinbase and bitFlyer. She also served as Assistant Vice President of Regulatory Compliance at Silvergate Bank, a leading digital asset bank, where she conducted compliance and legal reviews for all potential cryptocurrency clients. Earlier in her career, she worked in conventional foreign exchange as a consultant at FX Depot, and as an internal advisor and compliance manager at Dolarex.
Richardson’s practice encompasses all areas of high technology law, including data protection and privacy, intellectual property, commercial law, cybercrime and public law. Richardson is a leading cyber law practitioner and author of the first book on combating cybercrime.
Richardson is a practicing solicitor in the UK and was a magistrate in Central London. He is also admitted to the bar of the Eastern Caribbean Supreme Court for cross-border insolvency litigation.
Richardson has advised governments on the design of their legislative framework, lectured globally on the subject, and represented clients in groundbreaking cybersecurity law cases.
Richardson is responsible for several advances in computer law, including the first injunctions served by Twitter and the first injunction to prevent the use of illegal bit-torrent.
A GDPR certified practitioner, he has been involved in some of the most important and prominent data protection cases and advised multinational corporations on their privacy and data processing regime.
About Brown Rudnick LLP
Brown Rudnick is an international law firm serving clients worldwide from offices in key financial centers across United States and Europe. We combine ingenuity and experience to achieve excellent results for our clients in high-stakes litigation and complex commercial transactions. We provide partner-focused service; we encourage our lawyers to collaborate in the best interest of the client; and we put excellence before scale, focusing on industry-focused, customer-facing practices, where we are recognized leaders.
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