Philip deV. Claverie, Sr.

Philip Claverie represents both financial institutions (both regional and nationwide) and other companies in the areas of business and finance, including complex banking, commercial and real estate transactions and vessel financing. He specializes in syndicated multi-state loan transactions, as well as the financing aspects of tax credit financing (Historic and New Markets). He also represents commercial real estate developers in acquisitions, leasing and land use matters. He is the senior member of the firm’s Business Group, with more than 45 years of experience at Phelps Dunbar.

Experience

  • Representing a nationwide bank in a $222 million syndicated loan to finance a large barge and fleeting company and in a $125 million syndicated loan to finance a large manufacturing company.
  • Representing another nationwide bank construction loans to finance a $26 million student housing facility in Fayetteville, Arkansas, a $60 million high-rise upscale apartment building in Miami, Florida and a $195 million apartment complex in Dallas, Texas.
  • Representing a nationwide bank in a syndicated $66 million secured working capital financing for a gaming company with casinos in 4 states.
  • Representing a financial institute in several complex New Markets and Historic tax credit transactions: a $51.5 million and $40.6 million conversion of office buildings to apartments in New Orleans, Louisiana.
  • Representing a very large private bulk liquid storage company in the negotiation and documentation of a $1.5 billion syndicated financing.
  • Representing two New Orleans developers in numerous drug store developments in Louisiana, North Carolina and Virginia.

Insights

Publications
  • Co-Author, Louisiana Commercial Financing Forms (1991), an 1,100 page compendium of forms used in all types of commercial financing transactions published by Reed-Elsevier, Inc.
News

Memberships & Affiliations

  • American Bar Association
  • Louisiana State Bar Association
  • New Orleans Bar Association
  • Association of the Bar of the City of New York
  • American Bar Foundation (Fellow)
  • Louisiana Bar Foundation (Fellow)
  • Louisiana Bankers Association
  • New Orleans Estate Planning Council
  • Tulane Law Review (Board of Advisory Editors)
  • Children’s Hospital (Board member, 1978-present; Executive Committee member, 1984-present; President, 1985-1987)
  • Covenant House New Orleans (Board of Directors, 2013-present)

Recognition

  • Chambers USA: America's Leading Lawyers for Business - Banking & Finance and Real Estate
  • Who's Who in America
  • Who's Who in American Law
  • New Orleans Bar Association President's Award (2005), presented by New Orleans Bar Association annually to attorneys “who, in addition to their professional excellence and integrity, have dedicated themselves to community service in the exercise of the highest ideals of citizenship”
  • New Orleans Magazine - Top Lawyers: Banking and Finance Law, Project Finance
  • AV® Preeminent Peer Review Rated by Martindale-Hubbell
  • The Best Lawyers in America© - Financial Institutions and Transactions Law, Real Estate Law, Banking and Finance
  • Louisiana Super Lawyers