J. Thomas Beckett

J. Thomas Beckett is a shareholder of Parsons Behle & Latimer. He works in the firm’s litigation practice group and practices primarily in commercial litigation. Mr. Beckett is head of the firm's bankruptcy practice group.

For several years following the Great Recession, Mr. Beckett represented creditors’ committees in the bankruptcies of numerous high-end luxury resorts in Utah, Nevada and Montana. Notably, in the Yellowstone Mountain Club bankruptcy matter, as counsel to the Creditors Committee, he obtained the equitable subordination of a $370 million secured loan to enable unsecured creditors to be paid first.

Over the length of his career, Mr. Beckett has represented a diverse group of clients in Chapter 11 bankruptcies: debtors, committees, committee members and committee chairs; trustees and receivers; secured and unsecured creditors; bondholders, equity holders and royalty holders; asset acquirers, equipment lessors, Ponzi scheme victims, employees and independent contractors.

He has represented clients in all manner of bankruptcy and creditor rights issues including commercial litigation in state and federal courts, out-of-court workouts, equitable subordination, lift stay, plan confirmation, secured and unsecured financing, exculpation clauses, case conversion, allegations of bad faith and alter-ego and non-dischargability.

Prior to joining Parsons Behle & Latimer, Mr. Beckett was an associate in the financial workout department of Milbank, Tweed, Hadley & McCloy in New York City. He remains an active member of the New York State Bar Association.

Mr. Beckett’s work experience includes one year on the staff of the U.S. Senate Judiciary Subcommittee on Constitutional Rights. He recently completed three terms as chairman of the Board of Directors of Clark Planetarium. He currently serves on the Utah Supreme Court’s Ethics and Discipline Committee and has maintained a whitewater river guide's license and wilderness first responder certification for more than 30 years.