Hardwick C. Walthall
Shareholder
PROFILE
EXPERIENCE
AWARDS
AFFILIATIONS

Hardwick’s Profile

Hardwick is Chair of Maynard Cooper’s Tax Practice group. He regularly counsels clients of all sizes in all areas of business matters including mergers, acquisitions, divestitures, joint ventures, venture capital transactions and business formations. Hardwick has extensive experience in counseling clients on tax favored transactions and structures including tax-free reorganizations, tax – deferred equity rollovers, like kind exchanges, and interest charge – domestic international sales corporations (IC-DISC).  He also has represented a number of clients in their direct and syndicated investments in tax credit financed projects involving utilization of low income housing tax credits, new markets tax credits and historic preservation tax credits.

In addition, Hardwick regularly advises clients in the areas of federal and state tax planning and controversy matters. He has represented numerous clients in highly complex tax planning for international operations and investments, as well as advised foreign clients who are making investments in the United States. He is also experienced with helping clients with the sale, purchase and exchange of aircraft.

Hardwick earned his B.A. from Vanderbilt University and his J.D. magna cum laude from The University of Alabama School of Law. He received his LL.M. from New York University. He has been listed in The Best Lawyers in America© since 2009 in the areas of Corporate Law, Mergers and Acquisitions Law, Nonprofit/Charities Law and Tax Law, and in 2016, he was also recognized for his experience in Economic Development Law. He received the Best Lawyers® 2017 “Lawyer of the Year” distinction for his abilities, professionalism and integrity in Non-Profit/Charities Law.

Hardwick’s Experience

  • Represented Baptist Health System in the five-hospital joint venture transaction with Brookwood Health System (a subsidiary of Tenet Health) in the Birmingham/Central, Alabama region, creating one of the largest health systems in the State of Alabama
  • Represented investors in both entry and exit of low income housing tax credit partnerships
  • Negotiated economic incentives for new and expanding projects in Alabama
  • Represented taxpayers in tax controversies at federal, state and local levels
  • Represented clients in tax planning for international joint ventures in Asia and Europe and advised foreign clients making investments in the U.S.

Hardwick’s Awards

  • The Best Lawyers in America©  for Corporate Law, Mergers and Acquisitions Law, Non-Profit/Charities Law and Tax Law (2009-present); Economic Development Law (2016 – present)
  • Best Lawyers® 2017 “Lawyer of the Year” for Non-Profit/Charities Law

Hardwick’s Affiliations & Civic Involvement

  • American Bar Association, Business and Tax Sections
  • Alabama State Bar Association, Chairman, Tax Section (2011-2012)
  • Birmingham Bar Association
  • Birmingham Tax Forum, Board Member (2005), Officer (2006)
  • American Health Lawyers Association
  • Economic Development Association of Alabama
BAR ADMISSIONS
State Bar:Alabama
EDUCATION
New York University (2000, LL.M.)
University of Alabama School of Law (1997, J.D., magna cum laude; Alabama Law Review, Senior Editor; Order of the Coif )
Vanderbilt University (1993, B.A.)
Event
Hardwick Walthall speaks at Turnaround Management Association Alabama Chapter Event, "Key Provisions of the Tax Cuts and Jobs Act and the Impact on the Turnaround Industry"
News
116 MAYNARD COOPER & GALE ATTORNEYS RECOGNIZED IN THE 2019 BEST LAWYERS IN AMERICA©
Birmingham, AL. Maynard Cooper & Gale is pleased to announce that 116 of the Firm’s attorneys have been recognized as leaders in their areas of practice in the 2019 edition of The Best Lawyers in America©. Included in...
Event
Hardwick Walthall and David Humber speak at National Business Institute - "Helping Clients Select the Best Entity Option”
Blog
Ten Important Changes to the Alabama Historic Tax Credit Program
The Alabama legislature has passed a bill (HB 345) renewing the state historic tax credit program that expired in 2016.  The new legislation will make available annually an aggregate of $20,000,000 of historic tax credits for qualifying proje...