Manatt, Phelps & Phillips, LLP announced on Tuesday it has appointed Anita Boomstein as chair of its firm’s Global Payments Practice in New York. Boomstein reportedly joins the firm from Hughes Hubbard and Reed LLP, where she was a partner in the banking and financial services practice.
According to Manatt, Boomstein has extensive experience advising brick-and-mortar retailers, e-commerce companies and issuers as they navigate payments and loyalty programs and the regulatory hurdles that come from integration of such programs. She regularly develops, negotiates, documents and supervises legal work about the creation of credit, debit, prepaid, loyalty and gift card programs, including strategic alliances involving virtual accounts and electronic money transfers. She also has represented a range of clients, from Fortune 100 companies to new startup ventures, ensuring regulatory compliance across payment projects from different types of industry businesses.
Craig D. Miller, co-chair of the firm’s financial services practice, stated:
“The world of fintech is evolving at a breakneck pace, and Anita knows the landscape extraordinarily well. Her years of experience in global payments will prove invaluable to our clients, no matter how complex or novel the challenges they face. She adeptly handles a variety of payment and regulatory compliance matters, including intelligent solutions for privacy and data protection, and we look forward to working with her.”
Richard E. Gottlieb, co-chair of Manatt’s consumer financial services practice, also shared:
“Anita is a highly regarded lawyer known for handling critical industry matters involving emerging payments, credit card programs, electronic commerce and other issues affecting clients in the consumer financial services area,” said. “Few understand the workings of the card and payments business as deeply as Anita, making her strategic guidance an immediate asset to clients. We’re excited to welcome Anita to Manatt.”
Boomstein added:
“I was drawn to Manatt’s seasoned network of financial services professionals and their synergistic practices. Manatt’s broad-based yet sophisticated capabilities in the sector make the firm a well-positioned adviser to clients navigating a transformative financial industry. I’m excited to be a part of such an accomplished group.”
The firm, which was founded in 1965, describes itself as a firm that’s known for its commitment to clients and has a client base in a range of industries, which includes healthcare, financial services, entertainment, media and advertising, real estate, technology, energy and natural resources, consumer goods and services, and transportation. It also provides technical, service, capital markets, and financial capabilities. Manatt also offers a robust Fintech practice.