Biography

Larry E. Parres serves as Practice Group Leader for the Bankruptcy & Insolvency practice group. Larry represents private companies on complex transactions as well as national, regional, and local financial institutions on loan documentation transactions and Chapter 11 bankruptcies. He represents some of the largest banking associations in the United States in cases filed in Missouri, Illinois, Delaware, and New York.

Larry spends significant time advising the Firm's corporate clients in purchasing and selling assets and businesses throughout the country, including the purchase of several heavy industrial operations, various real estate transactions, and intellectual property sales. Larry has advised many clients at the Firm in business succession planning and general business matters. His experience allows him to provide the highest-quality client service while focusing on the client's specific needs and goals. He strives to meet these goals in a timely and cost-effective manner.

Larry's practice also includes banking litigation, where he effectively enforces his clients' rights under various loan and other legal documents and contracts. Both lenders and borrowers rely on him to help capably draft and review their loan documentation to protect their interests and to assure that their special needs are adequately addressed in their loan agreements.

Former President, Director, and Co-founder of the St. Louis Tri-State Chapter of the Turnaround Management Association, Larry served on their national Board of Directors. He is also a member of the Risk Management Association, the American Bankruptcy Institute, and the American Bar Association. Larry serves on the Local Rules Advisory Committee for the U.S. Bankruptcy Court for the Eastern District of Missouri. He is a frequent lecturer at continuing legal education seminars regarding various corporate and banking issues. Larry also speaks on attorney fee issues for organizations including the Missouri Bar, the Bar Association of Metropolitan St. Louis, and the Turnaround Management Association.

Larry is actively involved in his community and shows his commitment by playing many civic and charitable roles. He has held various positions with several St. Louis nonprofit corporations including serving as Chairman of the Board of Directors of the Boys & Girls Clubs of Greater St. Louis, and he has served as a director or trustee at the St. Patrick Center, The Boy Scouts of America, and St. Simon the Apostle Church. Larry received the 2014 Richard H. Amberg Award from Boys and Girls Club of Greater St. Louis, for outstanding contributions to the organization's mission.

St. Louis Business Journal selected Larry to be part of the "40 Under 40" Class of 2003 for bringing creativity to bankruptcy law. Also, Larry is AV® Preeminent™ Peer Review Rated by Martindale-Hubbell, and he was selected by his peers for inclusion in Best Lawyers® 2010-2025.

Practice Areas

Education

  • University of Missouri at Kansas City School of Law (J.D., 1988)
    • UMKC Law Review
    • Urban Lawyer
  • Saint Louis University (B.S., cum laude, 1985)
    • Political Science, Business certificate

Legal Background

  • Law clerk, Van Osdol, Magruder, Erickson & Redmond, Kansas City, MO (1986-1988)

Professional Affiliations

  • American Bankruptcy Institute
  • Missouri Bar Association
  • Local Rules Advisory Committee, U.S. Bankruptcy Court, Eastern District of Missouri
  • Illinois State Bar Association, Commercial Banking and Bankruptcy Section
  • Bar Association of Metropolitan St. Louis, Bankruptcy Section
  • St. Louis Tri-State Chapter of the Turnaround Management Association (Board of Directors, 2006-present)
  • Risk Management Association - St. Louis

Admissions

  • U.S. Court of Appeals, Eighth Circuit
  • U.S. District Courts
    • Eastern District of Missouri
    • Western District of Missouri
    • Southern District of Illinois
    • Central District of Illinois
  • Missouri Bar
  • Illinois Bar

Charitable & Civic Activities

  • Chairman of the Board of Directors, Boys & Girls Clubs of Greater St. Louis (2019-2020)
  • Board member, Turnaround Management Association
  • St. Patrick Center Board of Trustees
  • The Boy Scouts of America
  • St. Simon the Apostle Church

Honors & Awards

  • Richard H. Amberg Award, Boys and Girls Clubs of Greater St. Louis (2014)

Appointments

  • Requested by the U.S. Bankruptcy Court for the Eastern District of Missouri to assist in the writing and implementation of local bankruptcy rules for the bankruptcy court