Steve Sumsion

Steve Sumsion’s diverse business law experience of almost 30 years includes international, corporate, litigation, and transactional work. After graduating from BYU’s law school in 1986, Steve clerked for a federal judge in Washington, D.C., then worked in IBM’s legal department at several east-coast positions. Steve has also lived and worked in Asia for years and represented clients in China and Taiwan. He is fluent in Mandarin Chinese. Steve is licensed to practice in New York, Pennsylvania, and Utah and has been admitted to practice before the United States Supreme Court. When not in the office, Steve can be found skiing the slopes of the Wasatch Mountains and spending time with his wife, Mindy, and their seven children and eight grandchildren.

Specialties

Steve's current focus is on applying lessons from litigation, arbitration and dispute resolution to avoiding the same through effective structuring and documenting of transactions (with a special interest in matters involving China).

Professional Accomplishments

Prevailed in last five jury/bench trials and last three appeals Corporate Counsel for over 20 financial transactions ranging from $10-150M. Negotiated and implemented $300M telecommunications’ services agreement Project Counsel on $8 million construction financing on 265-unit condominium project. $2M equity financing with Fannie Mae. $5M buyout of 200-unit housing project. $4.5M housing project in Salt Lake City. Obtained $1.3M settlement after a two-month jury trial. Defended $1.2M claim against guarantors to dismissal. Successfully defended $1.1M in real estate claims. Negotiated and drafted an agreement for a $26M multi-family housing project. Prepared and presented over $2M in claims. Listed in Utah’s Legal Elite.