Corporate Restructuring & Chapter 11 Bankruptcy

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Parsons Behle & Latimer’s Financial Distress Response Team assists our clients navigate the legal and economic issues associated with the COVID-19 pandemic. The core members of the Team have, on average, more than 20 years’ experience in workouts, restructuring, bankruptcy, and receiverships—they all practiced through the 2009 recession. The team takes a multidisciplinary approach to problem solving by working closely with the firm’s other practice groups, including corporate, litigation, real estate, banking, and natural resources. With 15 members, this Team has the deepest capacity in Utah, Idaho, Nevada, and Montana, to provide experience, sound  judgment, and efficient legal advice to businesses dealing with financial distress, whether their own or their partners’.

Nationally-Experienced Bankruptcy Attorneys

Parsons Behle & Latimer’s Corporate Restructuring and Chapter 11 Bankruptcy and Financial Distress Response Team has in-depth experience working with clients at a national level.

Prior to joining the firm, all of Parsons’ bankruptcy attorneys were members of renowned national law firms or served as clerks for federal bankruptcy judges. Their experience has only expanded since joining Parsons.

We regularly advise: 

  • Business debtors
  • Secured and unsecured creditors
  • Vendors and equipment lessors
  • Official and unofficial committees and committee chairs
  • Bondholders, equity holders, and royalty holders
  • Secured and unsecured lenders
  • Asset acquirors


  • Out-of-court restructurings
  • Chapter 11 and receivership cases in federal court
  • State court proceedings

Parsons’ chapter 11 attorneys routinely appear in large Intermountain West bankruptcy cases and have represented parties in many nationally-prominent bankruptcy cases.

Our attorney bench is dedicated to resolving clients’ financial issues effectively and efficiently, whether through negotiation, litigation or alternative dispute solutions.

Representative Matters

Represented Puma Energy in the acquisition of oil and gas terminal, deep water dock, and 175 gas stations in Puerto Rico as part of an $82 million purchase from bankruptcy debtors...


Salt Lake City
Idaho Falls