Paul F. Matousek

matousek_paul_1495-0110_lr-01323788xae57eFounding Partner
Phone: 312.244.6789
Fax: 312.244.6800/6801


Paul Matousek has more than 30 years of experience representing U.S. and international insurers and others in matters involving directors and officers liability (D&O), other professional liability, errors and omissions (E&O), employment practices liability (EPL) and corporate indemnification. He has dealt with companies ranging from the Fortune 50 (including financial institutions) to nonprofits, as well as major law firms and accounting firms.

Paul handles all aspects of claims and litigation assessment, management and resolution – with extensive experience in alternative dispute resolution – applying legal, practical and business considerations. He is regularly retained in connection with securities and ERISA class actions, shareholder derivative actions, regulatory and criminal proceedings, complex business disputes and other high-exposure situations, along with related insurance coverage issues. For example, Paul has been involved recently with a number of major matters, including litigation concerning the credit and subprime mortgage crisis (e.g., Lehman Brothers, IndyMac), Madoff, options backdating, contingent commissions, initial public offering laddering, mutual funds market timing/late trading and nurse antitrust issues, as well as litigation involving JDS Uniphase (one of the few securities class actions to be tried to verdict), Enron, Refco, KeyCorp, Boeing, Pfizer, Merck, Merrill Lynch, Wells Fargo, FC Stone, W.R. Grace, Intel, Baxter, IMAX, Lucent, TXU, Honeywell, Bank of America, El Paso, Lockheed Martin, Royal Dutch Shell, GeoStar and Aquila.

In addition, Paul consults on insurance risk analysis, underwriting issues and policy drafting. He also has litigated significant coverage actions in numerous federal and state courts across the country on behalf of U.S. and international insurers, and has experience in commercial litigation as well. Paul has written and spoken on numerous topics concerning D&O, other professional liability and E&O, as well as insurance and indemnification issues generally.

Paul has been named an Illinois “Super Lawyer” and a “Leading Lawyer” for a number of years.


Author, Indemnification and Insurance for Directors and Officers, 54-2nd Corporate Practice Series (BNA)
Numerous articles in various publications


U.S. District Court, N.D. Illinois
Numerous pro hac vice admissions

Professional Organizations

American Bar Association
Professional Liability Underwriting Society


University of Notre Dame, J.D., 1987

  • Kiley Fellowship
  • Shaheen Fellowship

Baldwin-Wallace College, B.A., summa cum laude, 1984