Nationally-experienced bankruptcy and corporate restructuring attorneys

Overview

Prior to joining the firm, all of Parsons Behle & Latimer's Business Bankruptcy & Restructuring team members were employed by 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
  • Asset acquirors

 in 

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

Parsons' 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.

Team

Key Contacts

View the full team

Experience

Preserved $2 Million Judgement as Non-Dischargeable in Bankruptcy Case

Served as primary collection counsel for WinCo in a $2 million judgement. Was successful in having a receiver appointed over the debtor companies. When the debtor filed for Chapter 7 bankruptcy, Parsons preserved WinCo’s judgment as non-dischargeable.

9th Circuit Bankruptcy Appellate Panel – Successful Defense of Debtor’s Attempt to Modify Loan as a Matter of First Impression

Parsons Behle & Latimer obtained a favorable bankruptcy court and 9th Circuit BAP opinion on behalf of a national lender, successfully arguing that the anti-modification provision under § 1123(b)(5) applies to any loan secured only by real property that the debtor uses as a principal residence. The issue was one of statutory construction and of first impression in the 9th Circuit.

Bankruptcy

In re Vidangel, Inc., U.S. Bankruptcy Court, Utah

Capabilities

Chapter 11

The bankruptcy attorneys of Parsons Behle & Latimer can help you understand and navigate the bankruptcy process, regardless of your interest in the process. Whether you are a creditor, a debtor or an asset acquirer, Parsons' Chapter 11 Bankruptcy team has extensive relevant knowledge and experience in bankruptcy cases, adversary proceedings and state court proceedings.

Financial Workouts

Often, negotiated solutions to financial disputes are preferable to federal bankruptcy cases or state court litigation. Parsons Behle & Latimer’s workout team has represented debtors and secured and unsecured creditors in these situations. Whether a simple forbearance is indicated, a longer-term workout is preferable or even if a wholesale financial restructuring is required, our team understands the proper solution and how to effect it.

Insights