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PARSONS BEHLE & LATIMER IS PREPARED TO ASSIST ITS CLIENTS TO RESPOND TO CORONAVIRUS-RELATED MARKET TURBULANCE AND BUSINESS INTERRUPTION
March 17, 2020


The fallout from the Coronavirus has had an unexpected and historic impact on businesses, markets and communities from the disruption of worldwide manufacturing supply chains, transportation, oil and gas production and historic declines of world-wide markets. Governments are scrambling to respond to the crisis and one fact becomes more clear daily – businesses across all industries will be affected by these historic events.

Long term contracts will be renegotiated, force majeure clauses will be litigated, some businesses will have reductions in force, sick leave, and telecommuting issues. Many businesses will have to contend with the bankruptcies and receiverships of suppliers, business partners and customers.

Within the Intermountain West, Parsons Behle & Latimer has by far the largest and most experienced group of attorneys who can assist our clients navigate these issues through turbulent times:

  • Tom Beckett (Salt Lake City): JD/ MBA, N.Y.U.; Formerly practiced in the bankruptcy group at Milbank Tweed in New York.
    • Tom has litigated force majeure clauses, and has 30-plus years’ experience in large Chapter 11 bankruptcies, including in the steel, coal, entertainment and recreation industries. He is a certified business dispute mediator.
  • Rew Goodenow (Reno): Past president, Nevada State Bar; Rew is the principal author of Nevada’s Limited Liability Company Act and the chapter on receiverships in Nevada’s civil practice manual. He chaired the ABA Journal editorial board for three years.
    • Rew has 30- plus years’ experience representing commercial and investment banks, trustees, receivers and financial institutions in workouts and creditor litigation.
  • Bruce White (Salt Lake City): A member of Parsons Behle’s Board of Directors and a of member of the advisory board of the Rocky Mountain chapter of the American Bankruptcy Institute. Bruce formerly practiced in the bankruptcy group at Greenburg Traurig in Texas.
    • Bruce has 30-plus years’ experience in corporate management, acquisition and divestiture trans­actions and financial restructuring. He represents secured and unsecured creditors, debtors and committees.
  • Christina Jepson (Salt Lake City): Former chair of Parsons’ Employment & Labor department. Christina is the past chair of the Employment and Labor Section of the Utah State Bar.
    • Christina has 25-plus years’ experience representing clients in employment issues, including employers executing reductions in force, confronting WARN Act issues and renegotiating or interpreting sick leave and telecommuting agreements and policies.
  • Bryan Elwood (Lehi): The Lead Note and Comment Editor, B.Y.U. Law Review; a former bank­ruptcy court law clerk,Bryan previously practiced in the bankruptcy group at Greenberg Traurig in Texas.
    • Bryan has 20-plus years’ experience providing corporate governance, business transaction and corporate reorganization advice, especially in the healthcare industry.
  • Tammy Georgelas (Salt Lake City): Former bankruptcy court law clerk, Tammy is recognized as one of the “Top 50 Women” lawyers in the mountain states.
    • Tammy has 15-plus years’ experience in corporate crisis management, cyber-security, and complex litigation. She currently serves as a federal court appointed SEC receiver.
  • Brian Rothschild (Salt Lake City): Former law clerk to the Chief Justice of the Utah Supreme Court, Brian formerly practiced in the bankruptcy group at Aiken Gump in California.
    • Brian has 10-plus years’ experience in large business restructuring and is currently a Subchapter V small business reorganization trustee. He is a member of the board of directors of the Utah chapter of the Turnaround Management Association.

To learn more about Parsons’ Corporate Restructuring and Chapter 11 Bankruptcy group, call (801) 532-1234.