North America - United States • Dispute resolution
Proskauer Rose LLP
Proskauer Rose LLP’s cross-practice representation of the Financial Oversight and Management Board of Puerto Rico (FOMB) in relation to the restructuring of Puerto Rico’s public debt translates into a significant volume of appellate cases, both before the First Circuit and the US Supreme Court. Alongside its robust activity in the bankruptcy sphere, the team also argues appeals concerning constitutional law, patent issues, and antitrust matters, among other areas. The department is led jointly by New York-based Mark Harris and Boston-based John Roberts; together they lead the FOMB’s appellate work. New York’s Myron Rumeld is recommended for ERISA-related appeals.
Legal 500 Editorial commentary
Key clients
- Financial Oversight and Management Board for Puerto Rico (FOMB)
- The Depository Trust & Clearing Corporation
- Weyerhaeuser Company
- Amherst College and thirty-two other colleges and universities
- IAM National Pension, 401(K) Plan & Benefit Trust
- ARKK Food Company
- The American Council on Education and twelve other educational organizations
- Neuberger Berman
- The Board of Trustees of Chicago State University
- Toll Brothers
- OneSource Medical Diagnostics
- Sanofi Pasteur Inc.
Work highlights
- Obtained a win in the First Circuit on behalf of the Financial Oversight and Management Board of Puerto Rico (FOMB) concerning the balance of power between the Governor of Puerto Rico and the FOMB.
- Prevailed at the Eighth Circuit on behalf of ARKK Food Company in an appeal concerning Chapter 5 of the Bankruptcy Code.
- Secured a victory in the Fifth Circuit for Weyerhaeuser Company, and nine other prominent US lumber manufacturers, in a case involving allegations of a conspiracy to artificially inflate wood product prices during the Covid-19 pandemic.
Practice head
The lawyer(s) leading their teams.
Mark Harris, John Roberts