The firm regularly assists in negotiating and closing ISO deals, ISO financings, loans against residuals, portfolio buy-outs, portfolio transfers, residual disputes and other commercial matters relating to the merchant transaction acquiring business in the United States. The firm frequently advises on methods of residual protection. The firm will assist in certain MATCH File or TMF issues.

The myriad of models for the sale and supply of electronic transaction processing call for meticulous attention to the legal basis of each relationship. Issuing banks, acquiring banks, processors, registered and unregistered ISO's, as well as IC's or MLSs are all in need of expert attention to the agreements that form the basis of their revenue streams and equity.

Specific electronic commerce and privacy legislation requires consideration for every legal relationship involving electronic transactions. Adam Atlas Attorney at Law is pleased to advise on issues relating to electronic payment, loyalty program management, insurance benefit claims processing, settlement hardware, software and network services.

Most agreements in this area are without specific regulating legislation, which makes their wording that much more important. Issues such as portfolio ownership and mobility are of critical importance and are, for example, too often left unclearly defined in ISO agreements.

A number of banking and payments markets are dominated monopilistic participants. They invite claims in competition law and anti-trust law. The firm is a leader in this filed of practice.

We invite you to read Legal Ease, the legal column in The Green Sheet, authored by Adam Atlas. Please contact Adam Atlas Attorney at Law at info@adamatlas.com.