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 > Securities litigation: defense

Proskauer Rose LLP‘s litigation group is ‘a delight to work with‘. The firm handles the full range of litigation and regulatory enforcement matters, including SEC investigations and shareholder class actions. Boston-based practice head Timothy Mungovan is recognized as a skill trial attorney, and he recently secured the dismissal of claims of breach of fiduciary duty, aiding and abetting, and unjust enrichment against asset management firm Shamrock Capital Advisors. Key partner Jonathan Richman and asset management and securities litigation specialist Joshua Newville, both based in New York, stand out for their defense of a securities class action against Obra Capital arising from a write-down of the fund’s assets. The arrival of Stephen Hibbard in Los Angeles from Jones Day and Washington DC-based regulatory enforcement specialist Robert Pommer, ‘a superstar in respect of SEC matters‘ from Kirkland & Ellis LLP bolster the firm’s capacity to handle high-stakes matters.

United States > Dispute resolution > General commercial disputes

Proskauer Rose LLP is well-regarded in particular for its ability to handle arbitration and litigation in the asset management, sport, media, and life sciences spaces, though the team is active across a wide spectrum of commercial disputes. Litigation department chair Bart Williams is a key name for corporate investigations and white collar criminal cases, while vice-chair Michael Mervis is noted for his handling of cases in the real estate and entertainment spaces. Head of securities litigation Timothy Mungovan is based in Boston and routinely advises asset management clients on restructurings and bankruptcy matters in addition to handling private fund disputes. Jonathan Weiss is a key point of contact for both plaintiff and defense-side work in antitrust cases, class action suits, and securities litigation. Susan Gutierrez is a key name for the full suite of product liability issues. All attorneys named are based in Los Angeles unless otherwise stated.