TwitterLinkedInShare

Larry B. Childs

Partner, Co-Practice Group Leader, Litigation and Dispute Resolution
Lawyer Image

For over 30 years, a variety of businesses from manufacturers to financial institutions have sought counsel from Larry Childs regarding a diverse range of matters. Skilled in handling complex litigation, whether resolved through a workout, arbitration, or trial, Larry adopts the strategy of “relentlessness in the pursuit of excellence.” He strives to meet the client’s goals by laying out a success strategy at the earliest stage of a conflict.

Larry’s focused strategic planning at the first signs of a crisis or dispute assures clients that their ultimate goals are top of mind. Long-term relationships with clients, spanning decades in many cases, make possible Larry’s vision of being a true member of the client’s team.

Although representing financial institutions is the principal focus of his practice, over his distinguished litigation career, Larry has “done it all.” From cases involving consumer class actions to industrial accidents to criminal allegations against company executives, he is a generalist in the greatest sense of the word—a thought leader able to combine ideas from diverse fields to achieve creative results. Recently, Larry led Waller’s litigation team in the Jefferson County, Alabama matter--one of the largest municipal bankruptcy cases in American history. 

Larry maintains a diverse portfolio of cases, including:

  • Bookkeeper embezzlement cases
  • Cases under the Uniform Commercial Code
  • Lender liability suits
  • Lending discrimination claims
  • Personal and corporate trust matters
  • Regulatory claims
  • Securities and ERISA class actions
  • Shareholder derivative lawsuits
  • TARP-related claims

Honors and Recognitions

  • Leading attorney in commercial litigation by Chambers USA
  • 2017 Mid-South Super Lawyer
  • Best Lawyers recognizes Larry as a leading attorney in four areas:
    • Banking and Finance Law
    • Commercial Litigation
    • Litigation - Banking & Finance
    • Litigation – Construction

Experience

  • Represented five national financial institutions in successfully defending arbitration claim involving $150 million loan syndicate
  • Assisted hospitals in contractual disputes with medical providers
  • Successfully defended several shareholder derivative actions against bank holding company
  • Following failure of large Alabama bank, resolved within insurance carriers all claims against outside directors of parent corporation
  • Lead counsel for indenture trustee that successfully obtained remedies for a large bond default, including appointment of a receiver and entry of a $575 million judgment
  • Lead litigation counsel in, what was at the time, the largest municipal bankruptcy in American history
  • Handled several large arbitrations, including two cases that were conducted in London, England in the International Court of Arbitrations
  • Assisted a client dealing with the effects of an explosion at its chemical plant that killed five employees and caused millions of dollars of property damage
  • Served as lead counsel for the State of Alabama in its successful effort to end a long-running class action suit involving the State's child welfare system

Professional

  • Member, Birmingham, Alabama and American Bar Associations
  • Member, Business Entities Committee of the Alabama Law Institute, which redrafted the corporate statutes for the State of Alabama
  • Former Member, Alabama Consumer Information Privacy Study

Prior affiliations:

  • Law Clerk to the Honorable Seybourn H. Lynne, United States District Court for the Northern District of Alabama

Education

  • J.D., University of Virginia, 1977
    • Order of the Coif
    • National Moot Court Team
    • Hardy Dillard Writing Fellow
  • B.A., magna cum laude, University of Alabama, 1974
    • Phi Beta Kappa

Legal Services

Industries Served

Bar Admissions

  • Alabama
  • Tennessee

Court Admissions

  • United States Supreme Court
  • U.S. Court of Appeals for the Fourth, Fifth, Sixth, Seventh and Eleventh Circuits
  • U.S. District Court, All Districts of Alabama
  • U.S. District Court, Middle District of Tennessee

Up Close

An accomplished brass musician, Larry spent many years playing trumpet with his church's orchestra, and now enjoys playing at weddings and other gatherings. He also cherishes time with his grandchildren and family.