K. Todd Wallace: Lawyer with Liskow & Lewis A Professional Law Corporation

K. Todd Wallace

Phone(504) 299-6116

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AV® Preeminent

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Practice Areas

  • Business Litigation
  • Tax
  • Government Investigations and White Collar Criminal Defense
Contact InfoTelephone: (504) 299-6116
Fax: (504) 556-4108
University University of North Carolina at Chapel Hill, B.A., 1994
Law SchoolLoyola University, J.D., cum laude, 1998 Loyola Law Review, Managing Editor, 1997-1998, William C. Vis International Commercial Arbitration Moot Court Team, 1998
Admitted1998, Louisiana
BornRocky Mount, North Carolina, 1971

Mr. Wallace is a shareholder in the New Orleans office where he heads the firm's Antitrust and Trade Regulation Practice Group. He also serves on the firm's Executive Board of Directors. His practice includes a wide variety of commercial litigation matters, including the prosecution and defense of antitrust and unfair trade practice claims, contract and warranty disputes, lending and banking litigation, professional liability matters, construction claims, and significant tax litigation cases.

He defends major oil and gas companies and other corporate entities against potential antitrust and trade regulation violations, including claims involving price fixing, monopolization, bid rigging, bundled discount arrangements, and other pricing, distribution, and consumer protection allegations. Mr. Wallace serves as antitrust advisory counsel for a number of clients, including various trade associations, and works closely with the firm's business lawyers in obtaining regulatory approval of mergers and acquisitions in compliance with the Hart Scott Rodino Act. His practice also includes the representation of those targeted for prosecution of antitrust, RICO, and False Claims Act allegations by federal and state authorities in a wide variety of industries, including manufacturing, distributing, petrochemical, maritime, health care, insurance, and biotechnology.

Mr. Wallace's practice also includes state tax litigation, as he has developed substantial experience in trying cases at the Louisiana Board of Tax Appeals for various business clients. He is also part of the firm's representation of the Federal Deposit Insurance Corporation in actions against directors and officers of failed thrift institutions and represents lending institutions in various commercial litigation capacities.

Mr. Wallace has written and lectured on various aspects of antitrust compliance and related trade regulation issues, including the interplay between antitrust and intellectual property laws as well as the antitrust implications of alliances in college football.

Reported CasesRecent Representative Matters: Successfully represented and obtained judgment for Miller Act plaintiff against contractor and its sureties in federal district court bench trial, and obtained judgment affirming a district court decision from the Fifth Circuit Court of Appeal. United States ex rel. Jems Fabrication, Inc. v. Benetech, LLC, 2013 U.S. Dist. LEXIS 108275 (E.D. La. Aug. 1, 2013), aff'd, 2014 U.S. App. LEXIS 8175 (5th Cir. La. Apr. 30, 2014).; Obtained early dismissal of state antitrust claims on behalf of a major biotechnology company brought by the Louisiana Attorney General and successfully represented the company on the remaining Average Wholesale Pricing claims (2012).; Led team in securing full dismissal of federal RICO charges and related ad valorem tax collection and fraud claims brought against a group of clients by the Terrebonne Parish tax assessor (2010).; Successfully represented a major crude oil offloading company in pursuing antitrust claims against international cartel members in the marine hose industry (2010).; Obtained early dismissal of state and federal monopolization claims on behalf of an international marine salvage company through a successful 12(b)(6) motion (2009).; Secured full dismissal of state antitrust claims of price fixing and monopolization on behalf of Motiva Enterprises, LLP that was affirmed by the Louisiana Fourth Circuit Court of Appeal and the Louisiana Supreme Court (2009). Tuban Petroleum, L.L.C. v. SIARC, Inc., 09-0302 (La. App. 4 Cir. 4/15/09), writ denied, 09-0945 (La. 6/5/09), 9 So. 3d 877.; Obtained key victory on behalf of a major biotechnology company against claims of illegal tying arrangements brought by the Louisiana Attorney General (2008).; Obtained dismissal on behalf of an international consulting firm against claims of price fixing brought by the Louisiana Attorney General (2008). Louisiana ex rel. Caldwell v. Allstate Ins. Co., 536 F.3d 418 (5th Cir. 2008).; Successfully defended a major maritime company in a Department of Justice investigation based on allegations of conspiracy to rig bids and fix prices in a series of government contracts (2008).; Successfully represented a major health care corporation and local hospital in pursuing attempted monopolization claims against competing hospital whereby the competing hospital ceased its attempt to monopolize the relevant clinic market following Hurricane Katrina (2005).; Assisted in successfully representing the Greater New Orleans Hotel and Lodging Association in opposition to Tax Increment Financing (TIF) of proposed hotel development where the proposed TIF statute was found unconstitutional by the Louisiana Supreme Court. World Trade Center Taxing District v. All Taxpayers, 05-0374 (La. 6/29/05), 908 So. 2d 623.; Part of the legal team that secured a key victory for a federal banking agency in the United States Court of Appeals for the Fifth Circuit. The class action attacked the insured status of a federally insured banking institution. Heaton v. Monogram Credit Card Bank, 297 F.3d 416 (5th Cir. 2002).; In a professional liability case for a federal banking agency, part of the legal team that secured an important victory in the United States Fifth Circuit involving the failure of Louisiana's largest thrift institution. FDIC v. Barton, 233 F.3d 859 (5th Cir. 2000).

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Office Information

K. Todd Wallace

701 Poydras Street, Suite 5000
New OrleansLA 70139


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