• PRACTICE FOCUS+
  • INDUSTRIES+
  • EDUCATION+
    • Tulane University Law School
      LL.M., with distinction, in Admiralty, 1985
    • Dalhousie University, Nova Scotia, Canada
      LL.B., 1984
    • Saint Mary's University, Nova Scotia, Canada
      B.S., magna cum laude, 1980
  • ADMISSIONS+
    • Louisiana
  • CLERKSHIP+

Brian D. Wallace

Partner

New Orleans

504-584-9204 office

713-301-6525 mobile

brian.wallace@phelps.com

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Brian Wallace concentrates his practice in the areas of maritime commercial transactions and ship finance and admiralty litigation. He represents owners, operators, lenders, and shipyards in purchases and sales, mergers and acquisitions, financing, construction, chartering, documentation, and regulatory and coastwise trade matters. His practice also involves maritime litigation, including collision, cargo, commercial and construction disputes, and lien and mortgage enforcement and foreclosure.

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Brian Wallace concentrates his practice in the areas of maritime commercial transactions and ship finance and admiralty litigation. He represents owners, operators, lenders, and shipyards in purchases and sales, mergers and acquisitions, financing, construction, chartering, documentation, and regulatory and coastwise trade matters. His practice also involves maritime litigation, including collision, cargo, commercial and construction disputes, and lien and mortgage enforcement and foreclosure.

Mr. Wallace also practices in the area of gaming law, representing casino owners, operators and lenders in complex financial transactions, licensing and litigation.

Mr. Wallace serves as the regional practice coordinator of Phelps Dunbar's admiralty group and as the managing partner of the Houston office.

Experience

  • Counsel to purchaser in a $975 million acquisition of a marine construction and diving company.
  • Counsel to borrower in a $1.3 billion bank credit facility.
  • Negotiated long-term charters and construction contracts for six heavy lift ships to be built in China.
  • Negotiated both shipyard and topsides fabrication contracts for the construction, delivery and installation of an offshore floating production facility.
  • Prepared marine shipping terms and conditions for all sales contracts for liquid and dry bulk products.
  • Counsel to lender for a $500 million credit facility.
  • Counsel in purchase of semi-submersible and jack-up drilling and production rigs and facilities.
  • Lead trial counsel in successful defense of $43 million ship construction claim.
  • Negotiated contracts for the construction and charter of tankers, offshore service vessels, tugs, barges and passenger vessels.
  • Negotiated acquisition of offshore service vessel company and related financing.
  • Lead trial counsel in numerous ship mortgage foreclosures and related bankruptcy proceedings.

Insights

Publications
  • "Riverboat Casinos and Admiralty and Maritime Law: Place Your Bets," 28 Tul. Mar. L. J. 315 (Summer 2004)
Speaking Engagements
News

Memberships & Affiliations

  • Louisiana State Bar Association
  • Maritime Law Association of the United States
  • Canadian Maritime Law Association
  • American Bar Association (Co-Chair, Canada Committee of International Law Section)
  • International Association of Gaming Attorneys

Recognition

  • New Orleans Magazine - Top Lawyers: Gaming Law, Admiralty Law
  • AV Preeminent® Peer Review Rated by Martindale-Hubbell
  • The Best Lawyers in America© - Admiralty and Maritime Law, Gaming Law (Lawyer of the Year - Gaming Law, 2014)
  • Louisiana Super Lawyers
  • Who's Who Legal-Transport