Tim Mungovan is the chair of the Firm’s Litigation Department and is currently a member of the Firm's Executive Committee. His practice is focused on commercial litigation, securities, 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, he 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 regularly recognized as a leading lawyer by Chambers USA, which reports that his clients shared that he is “an extraordinary lawyer who is a fierce and very talented litigator. He is extremely knowledgeable, responsive and client-oriented.” Legal 500 USA acknowledged his litigation skills and ability to bring fresh, innovative ideas to the forefront. Clients commented that Tim “guides us toward a process that increases the likelihood of succeeding in the dispute resolution.” In Best Lawyers in America, his clients lauded his experience, integrity, work ethic, communications and courtroom skills. Tim has been listed in the “Top 100 Lawyers” in Massachusetts, while Benchmark Litigation has continually recognized Tim as a Litigation Star in Massachusetts.
Tim is a recognized thought leader on 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.