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Attorney Profiles

J. Thomas Beckett 
Salt Lake City, Utah
phone 801-532-1234
fax 801-536-6111
email tbeckett@parsonsbehle.com
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Tom Beckett is a shareholder in the Litigation department. He practices primarily in the area of commercial litigation, and he is head of the firm's Financial Solutions Group which includes bankruptcy, workouts and financial litigation. For the past several years, Tom has mainly represented Creditors Committees in the bankruptcies of high-end luxury resorts, including the Promontory Club in Park City, the Yellowstone Mountain Club in Big Sky, Montana and the Rhodes Ranch in Las Vegas.

Prior to joining Parsons Behle & Latimer, he was an associate in the bankruptcy/workout department of Milbank, Tweed, Hadley & McCloy in New York City. Tom is a frequent lecturer on bankruptcy issues. His work experience includes a year as a research assistant for the U.S. Senate Judiciary Subcommittee on Constitutional Rights.  He has held a whitewater river guide's license for 35 years and is the president of the Brown University Club of Utah. 

Professional Listings:

  • Best Lawyers in America (Bankruptcy / Creditors Rights)
  • Utah Business Magazine's Legal Elite (Bankruptcy / Creditors Rights)
  • Southwestern Regional Superlawyer (Bankruptcy / Creditors rights)
  • AV rating, Martindale Hubbell

Representative Engagements

  • Counsel to Creditors Committee Yellowstone Mountain Club, Big Sky, Montana ($400m)
  • Counsel to Creditors Committee Promontory Club, Park City, Utah  ($400m)
  • Counsel to Creditors Committee Rhodes Homes, Las Vegas, Nevada ($400m)
  • Counsel to Creditors Committee Waterford Funding, Salt Lake City, Utah ($100m)
  • Counsel to Creditors Committee Geneva Steel's first bankruptcy ($150m)
  • Counsel to Creditors Committee Geneva Steel's second bankruptcy ($250m)
  • Counsel to Creditors Committee Firstline Security, Inc.  ($30m)
  • Counsel to Creditors Committee Johns Manville ($50m) 
  • Counsel to National Consulting Firm invoking force majeure clause in contract with luxury hotel following 9/11 ($3m) 
  • Creditor Counsel defense of avoidance action ($5m)
  • Claim Counsel to Sales and Marketing Department of Yellowstone Mountain Club ($8m) 
  • Creditor Counsel in re Simon Trucking ($50m)
  • Bank Litigation Counsel secured lenders foreclosing on power plants  ($800m)
  • Bank Litigation Counsel secured lender foreclosing on three-tower real estate development  ($100m)
  • Victims' Counsel 250 German victims of securities fraud ($60m)
  • Asset Purchaser's Counsel national gasoline retailer purchasing numerous retail sites from bankrupt regional
  • Corporate / Restructuring counsel real estate development company with $425 million in debt on eight projects in four Western States
  • Debtor's counsel bankruptcy of largest U.S. roller coaster manufacturer
  • Debtor's counsel U.S. Lines, one of the world's largest sea shipping companies
  • Trustee's counsel liquidation of formerly largest U.S. law firm, Finley Kumbel
Areas of Practice:
Bankruptcy Litigation
Litigation & Appeals
Banking & Finance Law
Commercial Litigation
Workouts & Restructuring
Bar Admissions:
New York, 1987
U.S. District Court Southern District of New York
U.S. District Court Eastern District of New York, 1987
Utah, 1990
U.S. District Court District of Utah, 1990
U.S. Court of Appeals 10th Circuit, 2004
Education:
New York University School of Law, New York, New York, 1986
J.D. degree


New York University, 1986
M.B.A.
Major:  Finance


Brown University, 1979
B.A. degree


Classes/Seminars Taught:
Panel Moderator, "Hot Topics and Recent Developments," American Bankruptcy Institute's Rocky Mountain Bankruptcy Conference, attended by Western regional bankruptcy practitioners and judges, January 20-21, 2010


"A Rogue Loan, Not a Rogue Decision: A Response to a Recent Analysis of Yellowstone." ABI Journal, 22 November 2009


Keynote, "The Yellowstone Story," Urban Land Institute, Charleston, SC "Capital Confessions," September 15, 2009


"The Absolute Priority Rule -- Not so Absolute," ABI Journal, 22 December 2009


"Directors' Duties in the Zone of Insolvency," Utah Chapter of the National Association of Corporate Directors, February 20, 2008


Panel Moderator, "Bankruptcy Settlements," American Bankruptcy Institute's Rocky Mountain Bankruptcy Conference, attended by Western regional bankruptcy practitioners and judges, February 14 & 15, 2008


"Business Valuation in Bankruptcy: Tools & Techniques," Association Of Insolvency & Restructuring Advisors, February 21-24, 2004


Office Locations
  • Salt Lake City Headquarters
    201 South Main Street,
    Suite 1800
    Salt Lake City, UT 84111
    Tel: 801-532-1234
    Fax: 801-536-6111
    Toll free: 800-293-9669

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  • Reno
    50 West Liberty Street,
    Suite 750
    Reno, NV 89501
    Tel: 775-323-1601
    Fax: 775-348-7250
    Toll free: 800-293-9669

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  • Las Vegas
    3753 Howard Hughes Parkway,
    Suite 200
    Las Vegas, Nevada 89169
    Tel: 702-599-6000
    Fax: 702-599-6001
    Toll free: 800-293-9669

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The law firm of Parsons Behle & Latimer provides legal counsel and representation to Intermountain West businesses in Salt Lake City, Reno, Las Vegas, Boise, Phoenix, Billings and Denver. We regularly represent clients in Utah, Idaho, Nevada, Colorado, Arizona, California, Montana and Wyoming.