Mr Timothy Mungovan > Proskauer Rose LLP > Boston, United States > Lawyer Profile

Proskauer Rose LLP
ONE INTERNATIONAL PLACE, 14TH FLOOR
BOSTON, MA 02110-2600
MASSACHUSETTS
United States
Timothy Mungovan photo

Work Department

Litigation

Position

Tim Mungovan is the Chair of Proskauer.  He is also the immediate past chair of Proskauer’s Litigation Department and head of the Securities Litigation practice.

His practice is focused on securities, commercial litigation, governance, and bankruptcy-related matters. He has a national reputation for advising sponsors of private investment funds (hedge, private equity, private credit and venture capital) in a wide variety of matters, including litigation, governance, securities, fiduciary obligations, and regulatory enforcement.

Over the last six years, Tim has been the lead litigator representing the Financial Oversight and Management Board for Puerto Rico in the historic restructuring of Puerto Rico’s debts. The scale and complexity of this restructuring has resulted in one of the most active litigation dockets in the U.S. Almost every aspect of the litigation involved matters of first impression in part because the restructuring is governed by the Puerto Rico Oversight, Management, and Economic Stability Act, which was enacted for Puerto Rico in 2016.  The track record of success speaks for itself:  in the more than 150 lawsuits filed, Tim and the Proskauer team have prevailed in almost 95% of the cases.

Tim is recognized nationally for his experience in private fund litigation and disputes, having focused on the industry for more than 25 years.  As part of that focus, Tim created and is the lead editor of Proskauer’s blog on Private Equity litigation, The Capital Commitment.

Lawyer Rankings

United States > Dispute resolution > General commercial disputes

The versatile team at Proskauer Rose LLP handles contentious matters at all levels of state and federal courts for major players from the worlds of sport, pharmaceuticals, and investment firms. Boston’s Timothy Mungovan co-heads the team, and advises funds, fund sponsors, and investment advisers in a diversity of disputes, including claims of fraud, control contests, partnership disputes and restructurings. Co-head Margaret Dale in New York is often engaged in asset management, data security matters, intellectual property, bankruptcy and corporate governance matters, while fellow co-head Michael Firestein in Los Angeles advises entertainment corporations, financial institutions, investment advisors, and real estate operating companies on a range of commercial litigation matters. Bart Williams and Susan Gutierrez are both based in Los Angeles, with the former adept in white collar criminal defense and internal corporate investigations, while the latter routinely advises Fortune 500 companies operating in the consumer products, media and entertainment industries.

 

 

 

 

United States > Dispute resolution > Securities litigation: defense

Proskauer Rose LLP has seen many changes to its practice recently with the retirement of key partners Ann Ashton and Ralph Ferrara in 2022, but the firm retains significant expertise across its office network. Practice head Timothy Mungovan in Boston has an international practice that combines securities litigation and complex commercial litigation on behalf of public and private companies. He obtained the dismissal of claims against Shamrock Capital Advisors arising from its investment in FanDuel, a bookmaker and fantasy sports provider. Jonathan Richman in New York represented Bed Bath & Beyond in a securities class action alleging that the defendants had made false or misleading statements about its plans to manage and reduce inventory – a strategy that purportedly caused the company to incur losses during the 2019 holiday season.