Firm Profile > Proskauer Rose LLP > Washington DC , United States
Proskauer Rose LLP Offices
1001 PENNSYLVANIA AVE, N.W.
SUITE 600 SOUTH
WASHINGTON, DC 20004-2533
Proskauer Rose LLP > The Legal 500 Rankings
The false advertising practice at Proskauer Rose LLP handles a range of class actions and litigation against competitors. In a recent work highlight, the firm successfully achieved a $9.9m damages award for its client Church & Dwight in Lanham Act litigation brought against the company's competitor in the home pregnancy test market, SPD Swiss Precision Diagnostics. Lawrence Weinstein, who heads the practice alongside Brendan O’Rourke, is defending PVH Corp in three consumer class actions alleging fraudulent discount price advertising at Calvin Klein, Tommy Hilfiger and Van Heusen outlet stores in California. Alexander Kaplan, who boasts experience in advertising, trademark and copyright litigation, is another key name to note. All attorneys are based in New York.
According to one client, the 50-lawyer team at Proskauer Rose LLP is ‘the best that a client can expect'; indeed 'there is no problem or issue the team can’t solve’. Anthony Cacace and Neal Schelberg ‘always bring unique ideas to the table and run circles around other law firms’; the latter serves as benefits counsel to multi-employer pension and welfare benefit plan trustees including Morgan Stanley, the NHL, the NBA and Star Gas Partners. Robert Projansky designs and implements 401(k), defined benefit and health and welfare plans for clients including S&P Global, Philip Morris and Citigroup. Washington DC-based practice co-head Paul Hamburger serves as primary outside counsel to the Financial Oversight and Management Board for Puerto Rico; in a major ongoing mandate, Hamburger is assisting with the restructuring of its retirement plans to address the board’s pension liabilities; Ira Golub is assisting on the matter. Also recommended are Washington DC-based Seth Safra and associate Elizabeth Down, who has acted for clients such as Beckton, Dickinson & Co, the Metropolitan Opera Association and UPS. Myron Rumeld and Rory Albert jointly head the practice group. Named lawyers are based in New York unless otherwise stated.
ERISA litigation Tier 1
The team at Proskauer Rose LLP is regularly involved in high-profile ERISA litigation. One standout highlight saw Russell Hirschhor and New Orleans-based practice co-head Howard Shapiro representing Wells Fargo in a class action suit claiming a mishandling of its $35bn 401(k) plan’s target-date funds. Co-head Myron Rumeld successfully defended Charles Schwab in a putative class action claiming damages caused by expensive and poorly performing retirement plan investments. Additionally, in a major withdrawal liability case, Rumeld and Ira Golub are acting for private equity firm The Renco Group in relation to an $86m pension liabilities claim by the Steelworkers Pension Trust. Also recommended is newly made New Orleans-based partner Stacey Cerrone, who was involved in a number of ‘church plan’ litigation cases for clients including Presence Health, Wheaton Franciscan Services, Mercy Health and the Hospital Sisters Health System. Other key clients include Neuberger Berman Group, the Metropolitan Transit Authority, Intel and Princeton University. Named partners are based in New York unless otherwise stated.
The labor and employment department at Proskauer Rose LLP has a strong market reputation and is praised for 'always focusing on the clients' best interest'. Led by the experienced Elise Bloom and Neil Abramson, the team is regularly engaged by corporates, universities, sport leagues, and other law firms. Bloom, Howard Ganz and Adam Lupion represent the Major League Baseball (MLB) in an ongoing wage-and-hour putative class action brought by minor league baseball players alleging violations of the Fair Labor Standards Act and various state wage-and-hour laws before the Ninth Circuit. Lupion and Joseph Baumgarten acted for the National Hockey League (NHL) when, after more than five years of litigation, the wrongful death lawsuit filed by the parents of a former player was dismissed. Nigel Telman in Chicago, who has 'an exceptional approach and is customer focused', acts for McDonald's in various matters. The impressive client portfolio also includes UBS, the NFL and MetLife. Mark Batten in Boston settled a class action case for Harvard University in connection with the challenging of independent contractor status. Los Angeles' Anthony Oncidi is particularly active in the entertainment industry. Further recommended individuals are Bettina Plevan, Allan Bloom, Lloyd Chinn, Steven Hurd, Kathleen McKenna, John Barry, and Evandro Gigante. Chicago's key contact is Steven Pearlman and Newark's Lawrence Sandak and Joseph O’Keefe. Special counsel Jurate Schwartz in Boca Raton, Guy Brenner in Washington DC, Keisha-Ann Gray and counsel Rachel Philion are also noted. Harris Mufson made partner in November 2018. The practice lost its former head Connie Bertram to Polsinelli PC in September 2018. Named attorneys are based in New York except where indicated otherwise.
Labor-management relations Tier 1
The 'exceptional' labor team at Proskauer Rose LLP has a particularly strong track record when it comes to representing US professional sports leagues in collective bargaining negotiations. It covers the full gamut of the law, with clients appreciating the group for 'providing excellent advice in every aspect of labor and employment'. The New York-based Elise Bloom and Neil Abramson jointly chair the department. The latter, who is also the head of the public sector group, negotiated a collective bargaining settlement for the City of New York with the Police Benevolent Association. Paul Salvatore and Zachary Fasman in New York and Chicago's Steven Pearlman have longstanding relations with a variety of universities, including Washington University, Yale University, and Cornell University, which they advise in labor law matters. Bernard Plum, Michael Lebowich, Joseph Baumgarten, Howard Robbins and senior counsel Steven Porzio are other key contacts in New York, while Boston's Scott Faust and Los Angeles' Mark Theodore are also names to note.
Sport Tier 1
Boasting 'invaluable knowledge and experience' Proskauer Rose LLP's practice 'carries respect in the sports industry'. The New York-based group is jointly led by highly-regarded corporate partner Joseph Leccese, litigator Bradley Ruskin and labor law expert Howard Ganz. It is assisting the New York Islanders with its relocation from Brooklyn to Belmont Park in Elmont, and in another work highlight Leccese and Frank Saviano acted for the Carolina Panthers on the $2.27bn sale of the franchise to David Tepper. A team led by Bart Williams and Scott Cooper, both based in Los Angeles, is representing college athletic conference defendants (which includes the Pac 12, SEC, Big Ten, Big 12, and ACC) in multi-district antitrust litigation challenging the legality of NCAA amateurism rules in collegiate football and men’s and women’s basketball. Jon H Oram is leading advice to the Los Angeles 2028 Organizing Committee on preparations to host the 2028 Olympic and Paralympic Games, in addition to heading a team that is assisting FC Barcelona with the proposed sale of the naming rights to the Camp Nou stadium. The practice also counts the big four leagues among its clients; it is acting for the National Football League (NFL) in gender discrimination harassment and minimum wage litigation.
Proskauer Rose LLP fields a team of 'premier advisers in the profession', possessing 'significant expertise in US employment law'. The team handles investigations, compliance and advisory matters for corporations, universities and, famously, several professional sports leagues. The practice is jointly led by Neil Abramson and Elise Bloom. Work highlights included representing CBS in an investigation looking into sexual harassment allegations against a former talk show host; the lead partner on this investigation was Bettina Plevan, who is widely recognized for her expertise in counseling clients in employment matters. Together with Howard Robbins, Plevan also advised the Metropolitan Opera on an investigation of a former conductor. Erika Collins specializes in advising on international and cross-border workplace issues and is praised for her ‘astonishing breadth of knowledge, which is coupled with a practical, strategic approach’. Chicago’s Nigel Telman is regularly engaged by McDonald’s to handle day-to-day counseling and internal investigations. Sports leagues clients include the NFL and NHL, and the firm also advises several media organizations. Kathleen McKenna is a key contact for other law firms in sensitive matters. Washington DC-based Guy Brenner, Keisha-Ann Gray, Evandro Gigante are further noted individuals. Harris Mufson made partner in November 2018. The practice’s former head Connie Bertram left for Polsinelli PC in September 2018, and Michelle Gyves joined Katten Muchin Rosenman LLP in 2019. Named attorneys are based in New York, except when indicated otherwise.
In 2018, Proskauer Rose LLP bolstered its capital markets practice with two hires into its Washington DC office: William Tuttle, who joined from Dechert LLP, and Karen Garnett, who joined from the SEC, and has expertise in securities regulation. The department, which is particularly active on behalf of issuers, is widely recognized for its experience in the financial services, life sciences and real estate sectors. Recent work in New York included global capital markets co-chair Frank Lopez advising blank check company, Leisure Acquisition Corporation, on its $200m IPO. On the life sciences front, New York-based Julie Allen assisted Solid Biosciences with its $125m IPO. New York-based Stuart Bressman is also recommended.
Commercial lending Tier 2
Proskauer Rose LLP has established itself as one of the leading players for mid-market and second lien financings, particularly in the private credit sphere - an area where it has led the charge for over a decade. With 20 partners spread throughout its US network, the finance group has established excellent relationships with numerous funds including Ares Capital, which it advised as lead arranger on over $7bn worth of transactions, including a $545m loan to TDG Group Holding Company to finance the purchase of The Dwyer Group by Harvest Partners. The team also advised Ares on the $881m financing for its acquisition of Convergint Technologies. Other key clients include The Carlyle Group, Midcap Financial, and New Mountain Capital. Key figures in the practice group include global finance co-heads Ron Franklin and Andrew Bettwy, leveraged finance head Justin Breen, and Boston-based private credit group co-heads Stephen Boyko and Steven Ellis.
Copyright Tier 2
Proskauer Rose LLP has an enviable client roster, which includes names such as U2, Ariana Grande and the Bob Marley Estate. Sandra Crawshaw-Sparks leads the team and has extensive experience in music-related disputes. She acted for Madonna in a copyright infringement case brought by the composer Vincent Montana whose work was briefly sampled in the hit single Vogue. She also defended Lady Gaga against a claim by French artist Orlan, who argued that the artwork and video surrounding the singer's song Born this Way infringed upon her work. Litigators Brendan O’Rourke and Alexander Kaplan are also highly recommended.
‘On the leading edge’ of cyber law, Proskauer Rose LLP has longstanding experience in privacy and data security compliance, corporate transactions, litigation, labor and employment and healthcare. Litigator Margaret Dale, who is ‘calm and confident in the stressful cyber law environment’, advised men's clothing retailer Charles Tyrwhitt on a putative class action brought against the client under the Wiretap Act, obtaining a complete dismissal. Other clients include companies from the telecoms, financial services, insurance, utilities, arts and sport sectors. Associate Tiffany Quach is ‘fantastic to work with’. Kristen Mathews joined Morrison & Foerster LLP in March 2019. All named individuals are based in New York
Proskauer Rose LLP’s nationwide practice handles the full range of employee benefits and executive compensation issues for high-profile listed companies including Celgene Corporation, Henry Schein and Discovery. In the New York office, Ira Bogner handles the ERISA fiduciary aspects of private fund formations and is involved in big-ticket M&A transactions for financial services companies, entertainment companies and tax-exempt organizations, and Andrea Rattner advised on the definitive agreement concerning Celgene’s $9bn acquisition of Juno Therapeutics. Further, Los Angeles-based Colleen Hart was involved in Ares Management’s $1.6bn acquisition of Convergint Technologies. Washington DC-based Joshua Miller has particular experience of management buy-outs in the healthcare, technology and private equity sphere. New York-based Michael Album is also recommended. Michael Sirkin retired in January 2019.
General commercial disputes Tier 2
Noted for its 'exceptional professionalism and client service', Proskauer Rose LLP has established a strong reputation in the litigation market through its role in "bet the company" and precedent-setting cases. With litigators spread across 13 offices, it has extensive geographic coverage, handling disputes in state and federal courts, arbitration proceedings and administrative regulatory tribunals. In internal developments in 2018, the firm hired Samuel Waldon from the SEC (in Washington DC), Jonathan Weiss from Kirkland & Ellis LLP, and promoted Susan Gutierrez to partner, and Jennifer Roche and Boston-based Michael Hackett to senior counsel. A New York team including Richard Goldstein and Michael Mervis successfully represented Church & Dwight in a Lanham Act false advertising case against a competitor, winning a nearly $10m damages award. Timothy Mungovan chairs the litigation department from Boston, and Michael Firestein and New York-based Margaret Dale are the vice chairs. Partners are based in Los Angeles unless otherwise stated.
Immigration Tier 2
Proskauer Rose LLP is very active in obtaining non-immigrant and immigrant visas for executives, managers and individuals with specialized knowledge, but the team is equally adept at handling the immigration aspects in corporate transactions. Other work relates to advice on immigration policies, unlawful immigration practices and internal audits. Recognized immigration law expert David Grunblatt, who is very knowledgeable on the I-9 program and matters surrounding mandatory compliance and record keeping, leads the practice alongside special counsel Valarie McPherson in Newark. McPherson has a diverse practice including guiding clients through the EB-5 immigrant investor visa process. Financial institutions, large corporations, not-for-profit organizations, churches and universities are among the firm's clients.
The insurance team at Proskauer Rose LLP is recommended for its 'attention to detail' in 'assessing coverage issues' and 'thoughtfulness' when it comes to 'resolving and litigating disputes with carriers'. The practice has particular experience of representing private equity firms and investment funds, while other focus areas include liability cases, product recall situations, fiduciary and employment claims, as well as property damage and business interruption. 'One of the best policyholder counsels for large companies', the 'knowledgeable and persuasive' Seth Schafler in New York has been working alongside 'great insurance lawyer' John Failla on the representation of all 32 NFL clubs in discovery demands from insurers in response to concussion-related claims by players. 'Exceptional' senior counsel Nathan Lander has been advising Valeant Pharmaceuticals - now Bausch Health - on D&O insurance litigation relating to its failed bid for Allergan; Schafler and Chicago-based Marc Rosenthal are also working on this matter.
Not-for-profit (Fortune 1000 private foundations, and national trade associations and charities) Tier 2
The New York-based team at Proskauer Rose LLP has 'decades of experience' advising a diverse range of tax exempt organizations, including clients in the healthcare, sports, and education sectors. It is also praised for its 'expertise advising family foundations with international operations'. Tax advice remains the bedrock of the 'very dedicated and knowledgeable' team, coupled with other complementary skills, such as executive compensation, corporate transactions and governance, and litigation. Standout highlights included advising Los Angeles 2028 on its successful bid to host the 2028 Olympic and Paralympic games. On the transactional side the firm was involved in several significant deals in the healthcare space. Team leader Amanda Nussbaum is 'very focused on ensuring her clients have the best experience', while David Miller is also highly experienced in this area.
Proskauer Rose LLP continues to handle a broad range of limited partner-side work, and has particular strength in secondaries transactions. David Tegeler and Sarah Cherry advised Greenspring Associates, a client for over a decade, on forming Greenspring IL Master, a fund of funds, and Greenspring Secondaries Fund III, which closed with commitments of $825m and $325m respectively. Robin Painter advised Silversmith Capital Partners on the closing of Silversmith Capital Partners II, which hit its hard cap of $670bn. Painter and Howard Beber also advised Nonantum Capital Partners on the closing of its debut fund Nonantum Capital I, with $350m in commitments. Other key names in the Boston office include Mike Suppappola, who is noted for his expertise in representing secondary fund managers in fund formation matters, and Stephen Mears, who handles venture capital mandates and work for institutional investors. In New York, Chip Parsons and Monica Arora are the names to note. In 2018 Malcolm Nicholls moved to Gunderson Dettmer LLP's Boston office.
Real estate Tier 2
Proskauer Rose LLP handles a range of real estate-related matters covering bankruptcy, tax, transactions, finance, leasing, litigation, labor and employment and environmental issues. Its client base includes sovereign wealth funds, institutional and specialty lenders, developers, private equity real estate funds, investment banks, pension funds and REITs. Practice co-head Ronald Sernau advised Extell Development on the $1.3bn financing for the construction of Central Park Tower in New York City. Private equity specialist Jeffrey Horwitz and M&A specialist Daniel Ganitsky recently acted for Morgan Stanley as financial advisor to Starwood Waypoint on its $20bn merger with Invitation Homes. Newly promoted partner Paul Polking advised Vornado Realty Trust on its $442m acquisition of Host Hotels & Resorts’ interest in two commercial condominium units in the New York Marriott Marquis hotel. Steven Lichtenfeld was lead partner for Urban Commons on various matters including a $650m consolidation of 10 hotel properties. Horrowitz, Perry Cacace and Los Angeles-based Douglas Frank acted for Rubicon on the acquisition and redevelopment of hotel properties in New York, New Jersey and St. Croix. Christopher Pennington is also recommended. Al Stemp joined as partner from Hogan Lovells US LLP and Don Melamed joined as partner from O'Melveny & Myers LLP in the Los Angeles office. Other clients include Accor, Empire City Casino, Morgan Stanley and SL Green. All named attorneys are based in New York unless otherwise stated.
Proskauer Rose LLP advises REITs investing in the US and internationally in asset classes such as office, retail, lodging, healthcare and single-family homes as well as data centers, industrial, and self-storage facilities. American Finance Trust, American Realty Capital Healthcare Trust III and New York REIT are clients. New York-based Peter Fass and Steven Lichtenfeld co-head the real estate capital markets group; Lichtenfeld led advice to New York REIT in the approximately $1.72bn sale of a 48% stake in Manhattan's One Worldwide Plaza to SL Green Realty and RXR Realty. In the non-traded space, Fass and Michael Choate in Chicago acted for Healthcare Trust (HT) and American Realty Capital Healthcare Trust III in HT's $120m acquisition of the assets of affiliated non-traded REIT, ARCHT. Leslie Loffman retired from the practice.
Jointly leading the practice at Proskauer Rose LLP are Chicago-based Jeff Marwil and Mark Thomas, and Martin Bienenstock in New York. The team represented the statutory unsecured claimholders’ committee in the Chapter 11 of Westinghouse Electric, which filed for bankruptcy with almost $10bn of estimated debt; the firm negotiated for a segregated fund of $1.15bn to pay allowed unsecured claims, and with the confirmation of the company’s Chapter 11 plan, unsecured creditors are expected to receive complete recovery on account of their allowed claims. In another energy related matter, the team is acting for the statutory committee of equity security holders in the Chapter 11 of Breitburn Energy Partners, an independent oil and gas partnership with more than $3bn of funded debt; associate Maja Zerjal acted in this matter. In the retail sector, the department is representing the TRU Taj Entities, affiliates of Toys “R” Us, in a Chapter 11 pending before the US Bankruptcy Court for the Eastern District of Virginia. The TRU Taj Entities obtained a DIP financing facility totaling approximately $500m.
Proskauer Rose LLP has 'a deep understanding of how to navigate difficult waters' in trade secrets and provides 'business-oriented advice to achieve the desired outcomes while mitigating risk'. Practice head Anthony Oncidi is based in Los Angeles and acted for Creative Artists Agency (CAA) in a claim against United Talent Agency and former CAA employees who joined the company. Another name of note is new York-based John Barry, who 'is good at getting to the facts of the situation' and 'applying them to achieve the desired results'. He worked alongside Guy Brenner for Fresenius Kabi in its acquisition of a restraining order against a former senior employee who joined a competitor.
US taxes: non-contentious Tier 2
Proskauer Rose LLP's ‘dedicated and knowledgeable’ attorneys recommend ‘solutions that are pragmatic, clear and easy to understand’ in relation to corporate and financial taxation, REITs, investment fund formation and tax-free entities. New York partner Martin Hamilton is acting for a consortium led by BTG Pactual’s Timberland Investment Group in the cash acquisition of Weyerhaeuser Company’s business in Uruguay for $402.5m. Meanwhile, Jon H Oram and Amanda Nussbaum are providing strategic tax advice in connection to the Los Angeles 2028 Olympic and Paralympic Games. Boston-based Arnold May advised long-term clients Ares Management, Atlas Holdings and PineBridge Investments on their investment activities and fund formations, including Ares Corporate Opportunities Fund V, Ares Capital Europe III and the formation of PineBridge Secondary Partners IV. Also recommended are ‘excellent’ Stuart Rosow and David Miller. Investment funds lawyer Jeremy Naylor joined the New York team from Cooley LLP in April 2018, while in Boston, Alec Campbell and Marguerite Lombardo left for Kirkland & Ellis LLP. All named individuals are based in New York.
Alternative/hedge funds Tier 3
Christopher Wells heads the practice at Proskauer Rose LLP, which has particular strength in handling work for institutional investor clients. Wells led the advice to Dynamic Beta Investment on the sale of a minority equity interest in the firm to iM Global Partner, while Michael Mavrides advised Digital Asset Custody Company on the launch of its digital asset custodial business. Robert Leonard has solid experience in fund seeding deals. Tax expert Amanda Nussbaum is also a name to note. Other clients include Graham Capital Management, Silvercrest Asset Management and Appaloosa Management. The team is based in New York.
Capital markets: debt Tier 3
Over the past five years, Proskauer Rose LLP has made significant inroads into the underwriter-side market and now acts for over 20 banks, including Bank of America Merrill Lynch, Citigroup and Credit Suisse Securities; however, its issuer-side relationships continue to dominate its investment grade debt practice. In New York, group co-lead Frank Lopez, together with Stephen Gruberg, acted for Celgene Corporation on three notes offerings totaling $3bn. The Washington DC team was recently boosted by the arrivals of new partners Karen Garnett and William Tuttle, who joined from the SEC and Dechert LLP, respectively. In addition, New York’s Daniel Hendrick was promoted to partner.
Over recent years, Proskauer Rose LLP’s capital markets practice has broadened its representation of investment banks to strike a more even balance between issuer and manager-side work, with Credit Suisse, Jefferies and William Blair among its key clients. The group also expanded laterally with a double hire into Washington DC: Karen Garnett, who brings to bear a strong regulatory background, joined from the SEC, while business development company specialist William Tuttle joined from Dechert LLP. Among its manager-side highlights, New York-based department co-chair Frank Lopez advised Citigroup and JP Morgan, as underwriters, on two high-yield offerings by Five Point Operating Company totaling $500m. The US group also enjoys a strong record in cross-border deals, where it routinely draws upon the senior experience of European high-yield lead Maximilian Kirchner, who splits his time between London and New York. Justin Breen, who heads the leveraged finance team, is also noted.
Environment: transactional Tier 3
The New York-based team at Proskauer Rose LLP advises on environmental matters in the context of M&A, real estate, financing, bankruptcy and restructuring for clients in the chemical, industrial, manufacturing, pharmaceuticals, telecoms, construction, sports and retail sectors. Highly recommended senior counsel Gail Port heads the firm's interdepartmental environment group with key support from senior counsel Aliza Cinamon. Yelena Simonyuk is another name to note.
Proskauer Rose LLP's clients include medical groups and health systems, as well as private equity investors and lending institutions. The healthcare team handles corporate and M&A, regulatory, bankruptcy and contentious matters, while also drawing on lawyers from the firm's real estate, IT, private equity, tax and intellectual property practice groups. Richard Zall in New York advised private equity firm Archimedes Health Investors and its portfolio company National Partners in Health on its acquisitions of several anaesthesia practices and their physician billing and practice management companies, while also assisting Cincinatti Eye Institute with the launch of its management services organization CEI Vision Partners. Other core members of the team in New York include former department chair Edward Kornreich and David Manko. The latter's highlights include advising on a program for Delmont Medical Group to co-locate primary care and behavioural health services.
International tax Tier 3
In New York, the ‘pragmatic’ team at Proskauer Rose LLP advises multinational corporations and other business entities, investment funds, institutional investors, tax-exempt organizations and executives on international tax planning matters. The team advised longstanding client AccorHotels on its $319m investment in SBE Entertainment Group, with tax work led by Stuart Rosow and Malcolm Hochenberg. David Miller advised AllianceBernstein LP on the closing of AB Commercial Real Estate Debt Fund III, which closed at its hard cap of $3.1bn; Amanda Nussbaum and Martin Hamilton also worked on this matter. Ira Bogner leads the tax team. Jeremy Naylor joined as a partner from Cooley LLP in April 2018. Brian Huber was promoted to partner in 2018.
Outsourcing Tier 3
The ‘very educated and cordial’ team at Proskauer Rose LLP has experience advising customers and vendors on evaluating, structuring, negotiating and managing outsourcing projects in sectors that include blockchain technology, healthcare, and media and entertainment. Recently, the practice group advised construction contractor Component Assembly Systems and C/F Data on various technology implementation, licensing and outsourcing agreements, and also handled technology-related outsourcing transactions for internet media company VerticalScope. The New York-based department is led by Jeffrey D. Neuburger (‘an extremely knowledgeable authority in the area of technology and media’), and also includes Robert E. Freeman and Daryn A. Grossman. Senior counsel Paresh Triverdi left the practice in July 2018 for an in-house position.
Private equity buyouts Tier 3
Proskauer Rose LLP has outstanding private equity credentials, not least because it is the primary counsel to Ares Management. Other clients include Alleghany Capital, Grey Mountain Partners and Mesa West Capital. The firm advised Grey Mountain on a series of deals including its sale of a majority stake Sunbelt Transformer, a power solutions company, to Trilantic North America. The firm's centre of private equity expertise lies in New York where Jeffrey Horwitz, who specializes in real estate and hospitality transactions, led a team that advised Alleghany Capital on its acquisition of a majority interest in Concord Hospitality Enterprises, a hotel management and development company.
Proskauer Rose LLP has a busy practice that acts for brokerage firms, domestic and foreign investment banks, investment advisers, hedge funds, private investment funds and securities issuers. Ann Ashton in Washington DC leads the practice and, with veteran litigator Ralph Ferrara, she advised the Financial Oversight and Management Board of Puerto Rico in matters arising from its $74bn in bond debt. These included defeating a petition for certiorari in the United States Supreme Court filed by Vitol, and defeating a motion for a preliminary injunction filed by Peaje. New York-based Jonathan Richman and Gregg Mashberg also played roles in those cases. The firm provides 'a good combination of defense and regulatory lawyers, with a one-two combo of former SEC insiders who understand the mechanics of the regulations'. The hire of Samuel Waldon from the SEC, who is recommended for 'candid, straightforward advice and in-depth knowledge of the inner workings of regulators', is testament to the firm's ongoing investment in this practice area. 'The team excels in all phases of class litigation', remarks a client.
Technology transactions Tier 3
Proskauer Rose LLP is well known for its extensive asset manager client base, which provides a steady stream of work in the retail, leisure and media industries. Jointly led by New York-based Jeffrey D. Neuburger and Robert E. Freeman, the team is advising Component Assembly and construction industry analytics provider C/F Data on technology licensing and outsourcing agreements, which recently included an investment in a blockchain-based construction company through a SAFE agreement. The firm also advised the internet media company VerticalScope on certain outsourcing, licensing and intellectual property agreements. Also recommended is Daryn A. Grossman, who is also based in New York. Paresh Trivedi left the practice in July 2018 for an in-house role.
Appellate Tier 4
Proskauer Rose LLP’s appellate practice has deep expertise in commercial litigation, labor and employment, entertainment, and sports, among other areas. With a sterling reputation built upon success in handling all aspects of ERISA litigation, practice co-head Myron Rumeld led the team on scoring a victory for the Metropolitan Transportation Authority as respondent before New York’s First Appellate Division of the Supreme Court, which dismissed the claims of plaintiff Edward Hughey regarding pension plan benefits. Co-head of the department Mark Harris led the representation of former Hunton & Williams LLP patent lawyer Robert Schulman in United States v Klein (Schulman), an insider trading case at the Second Circuit. At the Eight Circuit, the group represented defendant-appellee in Meiners v Wells Fargo & Co., et al., an ERISA class action claiming breaches of fiduciary duties. Acting for its longstanding client, the National Hockey League, the team secured a win at the Seventh Circuit, which affirmed the dismissal of a wrongful death lawsuit filed by the parents of former player Derek Boogaard.
‘Strong in emerging markets’, particularly in Latin America, Proskauer Rose LLP also has experience in European and North American offerings. The group’s robust coverage of the financial services sector paid dividends during 2018, where it handled a string of offerings by financial institutions and investment companies, acting for underwriters and issuers. Among its highlights, Washington DC-based William Tuttle, who recently joined from Dechert LLP, advised PennantPark Floating Rate Capital on its $138.6m notes offering and listing on the Tel Aviv Stock Exchange. In New York, Latin America practice head Carlos Martinez advised Frontera Energy Corporation on a $350m notes offering and concurrent $250m tender offer. On the manager side, the New York and London office teamed up to advise the underwriters on the €150m IPO of a permanent capital vehicle sponsored by Neuberger Berman. Frank Lopez chairs the global capital markets practice from New York.
Proskauer Rose LLP's Scott Cooper and Bart Williams are currently acting for the PAC-12 conference and the college athletics defendants in high-profile multi-district litigation challenging the NCAA rules in football and basketball. In another highlight, Washington DC-based practice co-head Colin Kass and New York's Bradley Ruskin are representing Henry Schein in several matters, including a class action brought by a distributor alleging the client and the co-defendants colluded to boycott its business and to fix the prices of dental equipment in the US. Practice co-head Christopher Ondeck is also based in DC.
Proskauer Rose LLP's group is jointly led by New York's Robert Cleary and Dietrich Snell, who both have significant experience in government. Cleary represented The Metropolitan Opera in its investigation into allegations of sexual misconduct by its music director emeritus, James Levine, dispelling rumors of an institutional cover-up. Also in New York, Mark Harris is representing former Hunton & Williams partner, Robert Schulman, in an appeal of his conviction and sentencing relating to insider trading on a Pfizer deal. Joshua Newville is another key name in New York. The Washington DC team was boosted by the arrival of Samuel Waldon in April 2018, having previously served as an assistant chief counsel at the SEC.
Healthcare: life sciences Tier 4
Proskauer Rose LLP specializes in patent litigation and corporate transactions, with a focus on the growing biosimilar industry. The practice is led by corporate lawyer Daryn Grossman in the New York office, who has advised Celgene on its acquisition of Juno Therapeutics. Los Angeles-based litigator Sige Gutman acted for Amgen in a patent matter under the Biologics Price Competition and Innovation Act (BPCIA) and concerning the client’s development and commercialization of a biosimilar to Genentech’s monoclonal antibody cancer therapy Avastin. Patent and IP transactional specialist Fangli Chen in Boston is another key contact.
Proskauer Rose LLP fields an interdisciplinary team including corporate, private equity, intellectual property and sector experts in media and entertainment industry matters. Key names to note include Robert Freeman and Jeffrey Neuburger, who jointly head the TMT group; head of entertainment and copyright Sandra Crawshaw-Sparks; and corporate transactions partner Lauren Boglivi. Freeman and Boglivi lead advice to Discovery on several transactions, including recently on a strategic alliance with PGA Tour for global multi-platform live media rights outside of the US for all PGA Tour events; with its $120m sale of 90% of the ownership of its Discovery Education business to Francisco Partners; and with a $10m series A financing transaction for Here Be Dragons, a virtual reality production studio. The practice also acted for the founders of music streaming service Saavn in an agreement to combine Saavn’s services with over-the-top platform JioMusic. Hulu, Altice USA and Sony Music Entertainment are all clients. All attorneys are based in New York.
Stuart Coleman leads Proskauer Rose LLP’s New York-based team, which has been kept busy handling, among other matters, manager M&A deals and closed-end fund matters. Coleman, Janna Manes and David Stephens continue to advise Dreyfus on regulatory, formation and restructuring matters, and recently assisted the client with forming five open-ended funds, including Dreyfus Japan Womenomics Fund. Nicole Runyan advised Silverpeak Credit Fund on the formation and IPO of a '40 Act registered closed-end fund investing in equity tranches of collateralized loan obligations (CLO). Gary Granik is also a key name. Other clients include Lazard Funds, Alger Funds and THL Credit Advisors.
Proskauer Rose LLP is highly experienced in broadcast matters, particularly those involving internet broadcasting and content delivery, as well as distribution agreements and issues concerning new broadcast technologies. Robert Freeman heads the practice along with Jeffrey Neuburger, while Lauren Boglivi is the key contact for private equity clients. Freeman and Boglivi recently advised Discovery Inc on its strategic alliance with the PGA tour, concerning the development of a worldwide over-the-top broadcast service, as well as its joint venture with The Enthusiast Network. Other notable matters Freeman has led for the team include negotiating rights and broadcast deals for the Fan Controlled Football League, the renewal of Cox Communication's distribution agreements with Turner Networks, and Major League Soccer streaming deals with Twitter and YouTube. M&A specialist Andrew Kleiman recently advised streaming service Saavn in its combination with over-the-top platform JioMusic. Other notable names in the practice include Frank Saviano, a sports law expert who advises on distribution agreements, and associate Krista Whitaker.
Trademarks: litigation Tier 4
Proskauer Rose LLP is currently representing LemonKind in a trademark dispute with KIND/King Management concerning beverage products. The food and beverage industry is an area of particular specialism and the team also excels in representing clients from the consumer products, media and entertainment and sport sectors. New York-based Alexander Kaplan and Sandra Crawshaw-Sparks are recommended, while other noteworthy clients include Live Nation, Sandoz and Sony Music Entertainment.
M&A: large deals ($1bn+) Tier 5
Proskauer Rose LLP has an impressive mix of public M&A and private equity driven transactions. Its centers of M&A expertise lie principally in Los Angeles and New York with several of its partners having spent a long portion of their careers at one of Wall Street's elite firms. Real estate, hospitality, sports and entertainment, life sciences and healthcare, technology and media, and financial services M&A are the team's fortes. Moreover, it has an established record in representing financial advisers to corporates involved in big-ticket M&A. It advised Moelis & Company as financial advisor to Federal Street Acquisition Corp, a special purpose acquisition company (SPAC) formed by Thomas H Lee Partners, on its $1.74bn merger with Universal Hospital Services. It also advised Moelis & Company as financial adviser to Group Health Cooperative on its $1.8bn sale to Kaiser Permanente. Other clients include BTG Pactual, Carolina Panthers, Celgene, Church & Dwight and Grifols. In New York, Ronald Papa has extensive big transaction experience, Jeffrey Horwitz has an outstanding reputation in real estate and hospitality M&A, and Daniel Ganitsky is a prominent name in cross-border deals, including those involving Latin America. Carlos Martinez is also an experienced name in Latin America deals.
The New York-based interdisciplinary media and entertainment litigation practice at Proskauer Rose LLP is particularly active in the music sector with clients including Lady Gaga, U2, Island Records, Ariana Grande and Universal Music Group. Practice head Sandra Crawshaw-Sparks and Alexander Kaplan represented Madonna, Warner Bros Records and WB Music Publishing in a copyright infringement claim brought by Pettibone. The team is also acting for Creative Artists Agency (CAA) in breach of contract, tortious interference with contract and unfair competition claims brought against United Talent Agency (UTA) and a group of defecting CAA talent agents; this matter includes arbitration proceedings against three former CAA agents, with related litigation against UTA and other CAA agents pending the outcome of arbitration. The practice also counts the National Academy of Recording Arts and Sciences, Elsevier and Blackwell Fuller Music Publishing among its clients.
Proskauer Rose LLP > Firm Profile
Proskauer is 725+ lawyers serving clients from offices located in the leading financial and business centers in the Americas, Europe and Asia. The world’s leading organizations, companies and corporations choose it to be their representatives in their most critical situations. The firm works with alternative capital providers, major sports leagues, Fortune 500 companies, entertainment industry legends, many of the world’s most successful asset managers and other industry-redefining companies.
The firm’s roots go back to 1875, when it was founded in New York City. In addition to New York, the firm has offices in Beijing, Boston, Chicago, Hong Kong, Los Angeles, Paris, Sao Paulo and Washington, DC, as well as Boca Raton and New Orleans.
Main areas of practice: Existing and potential clients come to Proskauer for a broad range of services within its corporate, healthcare, labor and employment, litigation, real estate, tax and private client services departments, as well as a number of industry-specific practices.
Corporate: the firm’s corporate lawyers advise clients across the range of sophisticated transactions and in daily business and regulatory matters. Core practices include private investment funds; mergers and acquisitions; private equity; business solutions, governance, restructuring and bankruptcy; capital markets; finance; private credit; hedge funds; broker-dealer and investment management regulation; and environmental.
Labor and employment: Proskauer has long been one of the world’s pre-eminent firms for labor and employment law. Its lawyers have played key roles in groundbreaking matters and legislation. Core practices include California employment law; class and collective actions; disability, accommodations and leave management; employee benefits and executive compensation; employment litigation and arbitration; ERISA litigation; French and EU labor and employment law; government contractor compliance and relations; hiring and background checks; immigration and nationality; international labor and employment; labor-management relations; non-compete and trade secrets; policies, handbooks and training; public sector; strategic corporate planning; Terminations, Reductions in Force & WARN Act; wage and hour; and whistleblowing and retaliation.
Litigation: the firm’s litigators have built a track record of success both inside and outside the courtroom. Core practices include securities litigation; sports litigation; white-collar defense and investigations; false advertising and trademark; insurance recovery and counseling; international arbitration; patent law; financial services litigation; real estate litigation; antitrust; appellate; copyright; and private equity and hedge fund litigation.
Healthcare: Proskauer takes a multidisciplinary approach to healthcare law, built on the foundation of its formidable experience and capabilities in the industry. The core team expands as needed to incorporate the firm’s top practitioners in a number of legal disciplines: corporate/transactional; labor; litigation; tax; real estate; bankruptcy; regulatory; intellectual property; investigations; and technology.
Real estate: Proskauer represents clients in transactions relating to all areas of the real estate business. In addition to traditional real estate work, the firm has practices in private equity real estate; real estate capital markets; real estate litigation; and real estate finance.
Tax: within its broad tax capabilities, the firm focuses on the tax aspects of investment funds, transactions and tax-exempt organizations, as well as those of employee benefits and executive compensation.
Private client services: the firm’s private client services team – one of the largestof its kind – handles estate planning; estate and trust administration; charitable gift planning; fiduciary litigation; and serves as outside counsel to financial institutions and pension plans.
Industry focus: Proskauer also has significant industry-focused experience across many fields, including asset management; health care; financial institutions; technology, media and telecommunications; real estate; life sciences; sports; and media and entertainment.
|Labor and employment||Neil Abramson|
|Labor and employment||Elise Bloom|
|Real estate||Ronald Sernau|
|Real estate||Perry Cacace|
|Private client services||David Pratt|
OtherChairman (New York) : Joseph M Leccese Other Offices : Beijing Other Offices : Boca Raton Other Offices : Boston Other Offices : Chicago Other Offices : Hong Kong Other Offices : London Other Offices : Los Angeles Other Offices : New Orleans : Other Offices : Paris Other Offices : São Paulo Other Offices : Washington, DC
Top Tier Firm Rankings
- Advertising and marketing: litigation
- Employee benefits, executive compensation and retirement plans: design
- ERISA litigation
- Labor and employment disputes (including collective actions): defense
- Labor-management relations
- Workplace and employment counseling
- Capital markets: equity offerings
- Commercial lending
- Cyber law (including data privacy and data protection)
- Employee benefits, executive compensation and retirement plans: transactional
- General commercial disputes
- Insurance: advice to policyholders
- Not-for-profit (Fortune 1000 private foundations, and national trade associations and charities)
- Private equity funds (including venture capital)
- Real estate
- Real estate investment trusts (REITs)
- Restructuring (including bankruptcy): corporate
- Trade secrets (litigation and non-contentious matters)
- US taxes: non-contentious
- Alternative/hedge funds
- Capital markets: debt
- Capital markets: high-yield debt offerings
- Environment: transactional
- Healthcare: service providers
- International tax
- Private equity buyouts
- Securities litigation - defense
- Technology transactions
- Capital markets: global offerings
- Civil litigation/class actions: defense
- Corporate investigations and white-collar criminal defense
- Healthcare: life sciences
- Media and entertainment: transactional
- Mutual/registered/ exchange-traded funds
- Telecoms and broadcast: transactional
- Trademarks: litigation
- M&A: large deals ($1bn+)
- Media and entertainment: litigation