Photo of Philip deV. Claverie, Sr.

Philip Claverie represents both financial institutions (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

  • Represented 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.
  • Represented nationwide bank in 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.
  • Represented a nationwide bank in a syndicated $66 million secured working capital financing for a gaming company with casinos in 4 states.
  • Represented 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.
  • Represented a very large private bulk liquid storage company in the negotiation and documentation of a $1.5 billion syndicated financing.
  • Represented two New Orleans developers in numerous drug store developments in Louisiana, North Carolina and Virginia.

Insights

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

Memberships & Affiliations

Professional

  • American Bar Association
  • Louisiana State Bar Association
  • New Orleans Bar Association
  • Association of the Bar of the City of New York
  • Louisiana Bankers Association
  • New Orleans Estate Planning Council

Civic

  • 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

  • AV Preeminent Peer Review Rated, Martindale-Hubbell
  • Chambers USA: America's Leading Lawyers for Business
  • Banking and Finance Law (2006-2020), Real Estate Law (1993-2020), "Lawyer of the Year" Banking and Finance Law (2009, 2013, 2019), Real Estate Law (2010), The Best Lawyers in America
  • Louisiana Super Lawyers list, Super Lawyers (2007-2020)
  • American Bar Foundation (Fellow)
  • Louisiana Bar Foundation (Fellow)
  • Leadership in Law, New Orleans City Business (2006)
  • New Orleans Bar Association President's Award (2005)
  • Top Lawyers, New Orleans Magazine
  • Who's Who in America, Marquis Who's Who 

Education

  • Tulane University Law School
    J.D., 1966
  • Princeton University
    A.B., magna cum laude, 1963

Admissions

  • Louisiana
  • U.S. Supreme Court
  • U.S. Court of Appeals for the Fifth Circuit
  • U.S. District Court, Eastern District of Louisiana
  • Represented 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.
  • Represented nationwide bank in 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.
  • Represented a nationwide bank in a syndicated $66 million secured working capital financing for a gaming company with casinos in 4 states.
  • Represented 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.
  • Represented a very large private bulk liquid storage company in the negotiation and documentation of a $1.5 billion syndicated financing.
  • Represented two New Orleans developers in numerous drug store developments in Louisiana, North Carolina and Virginia.
Publications
  • Louisiana Commercial Financing Forms - 1,100 page compendium of forms used in all types of commercial financing transactions, Reed-Elsevier, Inc. (1991) Co-Author
News

Professional

  • American Bar Association
  • Louisiana State Bar Association
  • New Orleans Bar Association
  • Association of the Bar of the City of New York
  • Louisiana Bankers Association
  • New Orleans Estate Planning Council

Civic

  • 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)
  • AV Preeminent Peer Review Rated, Martindale-Hubbell
  • Chambers USA: America's Leading Lawyers for Business
  • Banking and Finance Law (2006-2020), Real Estate Law (1993-2020), "Lawyer of the Year" Banking and Finance Law (2009, 2013, 2019), Real Estate Law (2010), The Best Lawyers in America
  • Louisiana Super Lawyers list, Super Lawyers (2007-2020)
  • American Bar Foundation (Fellow)
  • Louisiana Bar Foundation (Fellow)
  • Leadership in Law, New Orleans City Business (2006)
  • New Orleans Bar Association President's Award (2005)
  • Top Lawyers, New Orleans Magazine
  • Who's Who in America, Marquis Who's Who