Gregory P. Parsons

Gregory P. Parsons

Member

Lexington, KY

Phone: 859-226-2314 Fax: 859-425-7928

Email: gparsons@stites.com

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Related Information

Education

  • University of Kentucky College of Law

    J.D. 1982

  • University of Kentucky

    B.A., with distinction, 1979

    Business Administration

Admissions

  • Kentucky

Service Areas

  • Construction Law
  • Business Litigation
  • Sustainability & Emerging Technologies
  • Alternative Dispute Resolution
  • Appellate Advocacy
  • Civil Litigation
  • Commercial Disputes - Contracts and Business Torts
  • Regulatory Compliance in the Zone of Market Meltdown
  • Company Management, Governance and Control Litigation
  • Complex / Large Litigation
  • Fiduciary Duty, Trade Secret and Unfair Competition Litigation
  • Multi-State, Multi-District and Serial Litigation
  • Professional Liability (Non-Medical Professionals)
  • Environmental Surety Law
  • Construction
  • Drafting, Reviewing & Negotiating Construction Contracts

Industry Experience

  • Construction
  • Banking / Financial Services
  • Energy
  • Financing
  • Insurance Carriers / Brokers / Agents
  • Industrial / Manufacturing Facilities
  • Real Estate / Real Estate Development
  • Technology / Hardware / Software
  • Telecommunications

Memberships

  • American Bar Association
  • Kentucky Bar Association
  • Fayette County Bar Association
  • American Bar Association, Forum on the Construction Industry

 Martindale Hubbell - Gregory P. Parsons

Best Lawyers in America Best Lawyers 2012 Lawyer of the Year - Construction Litigation Lexington

Greg Parsons currently serves as the Office Executive Member for the Lexington office of Stites & Harbison PLLC and was a member of the firm's management committee from 2006 through 2010.  He is a past chair of the firm's Construction Service Group, and Recruiting Committee.

Greg's practice area is litigation, with a particular emphasis on representing clients in construction and business disputes. He also drafts and reviews construction contracts and participates in alternative dispute resolution as an advocate and neutral. He has handled litigation and arbitration matters in various jurisdictions, including Kentucky, Tennessee, Ohio, Connecticut, West Virginia, Texas, Georgia, Indiana, and the U. S. Court of Federal Claims in
Washington, D.C.

Recent Assignments

  • Represented a bank at trial resulting in a judgment of approximately $2 million in favor of our client that included an award of compensatory damages and treble damages, plus attorneys fees for claims of fraud, breach of contract, conversion and piercing the corporate veil.
  • Served as co-counsel for a contractor in a multi-issue arbitration involving a manufacturing facility that resulted in an award that was favorable to our client.
  • Was trial counsel for a hospital in a complex contract dispute that resulted in our client receiving its requested relief.
  • Obtained a summary judgment for a large general contractor against an owner awarding our client $1.5 million in damages including out-of-pocket costs, lost profits, and attorney's fees.
  • Obtained a $1.7 million judgment on behalf of an investment firm in a breach of contract case.
  • Won an arbitration award on behalf of a hotel owner against a contractor for negligent misrepresentation regarding the construction budget and recovered substantial cost overruns, despite the fact that parties had a cost-plus contract with no guaranteed maximum price.
  • Successfully represented a trade organization in the Kentucky Supreme Court in overturning an unauthorized practice of law opinion relating to real estate closings

Published Cases

  • A&A Mechanical, Inc. v. Thermal Equipment Sales, Inc., Ky. App. 998 S.W.2d 505 (1999)
  • Chrysler Credit Corporation v. H&H Chrysler, 927 F.2d 270 (6th Cir. 1991)
  • Countrywide Home Loans v. KY Bar Assoc. and KY Land Title Assoc. v. KY Bar Assoc.,  113 S.W.3d 105 (Ky. 2003)
  • F.S. Investments v. Van American, 196 F. Supp. 2d 491 (E.D. Ky. 2002)
  • Fayette County Farm Bureau Federation v. Martin, Ky. App. 758 S.W.2d 713 (1988)
  • Fraser v. Tenney, 987 S.W.2d 796 (Ky. App. 1988)
  • Man-O-War Rest. v. Martin, 932 S.W.2d 366 (Ky. 1996)

Recent Speaking Engagements and Publications

  • "Customized Arbitration Clauses," CPR International Institute for Conflict Prevention and Resolution, spring meeting, 2006
  • "Alternative Dispute Resolution in Equine Law," Annual National Conference on Equine Law sponsored by University of Kentucky College of Law, May 2005
  • "Mediation and Arbitration, Getting Your Money's Worth," Kentucky Society for Professional Engineers Annual Convention, April 2004
  • "Getting Your Money and Your Money's Worth," Associated General Contractors of Kentucky, March 2004
  • "Getting Your Money's Worth in Campus Construction," Morehead State University, October 2003
  • "Kentucky Construction Law—Can this Job be Saved?," Lorman Education Seminar, August 2000
  • "Mediating the Complex Dispute," presentation at the Kentucky Bar Association Annual Convention, June 1999
  • "Construction Contracting for Public Entities in Kentucky," Lorman Education Services, March 1999
  •  "Kentucky Lien Law," National Business Institute, May 1998 and May 1997

More Than Stites & Harbison

Greg is on the panel of neutrals of the CPR International Institute for Conflict Prevention & Resolution.  He has earned the status of LEED Associate from the United States Green Building Council.  He is listed in The Best Lawyers in America® (2007-2012) in Construction Law and Construction Litigation and in the 2007-2011 Kentucky Super Lawyers magazine. He was also named the Best Lawyers' 2012 Lexington Litigation - Construction Lawyer of the Year.  He is a member of the board of deacons of Calvary Baptist Church and has served as a volunteer for God's Pantry and Habitat for Humanity.

Besides Stites & Harbison

Greg enjoys music, tennis, golf, movies and investing.