Sheppard, Mullin, Richter & Hampton LLP issued the following announcement on May 5.
Sheppard, Mullin, Richter & Hampton LLP is pleased to announce that Moorari K. Shah has joined the firm as a partner in the Finance & Bankruptcy practice group and as a member of the Fintech industry team. Shah, who will be co-located in Los Angeles and San Francisco, was most recently a partner at Buckley LLP. He is the seventh lateral partner to join Sheppard Mullin in 2021.
“Fintech is fundamentally changing how the financial industry operates,” said Sheppard Mullin vice chairman Jon Newby. “Our financial services clients all need – and want – to understand how fintech affects them and Moorari’s deep industry knowledge makes him extremely well-suited to advise and counsel them.”
Commenting on the addition of Shah, David Sands, a partner in Sheppard Mullin’s Corporate practice group and a member of its Fintech industry team, said, “Our financial services and fintech clients have grown rapidly and so have their needs for strategic and regulatory guidance. Moorari’s significant experience in both the transactional and regulatory aspects of fintech is exactly what these clients need and make him a great addition to our team. His ability to advise on the creation of new fintech products and platforms will be a key asset for our clients as well.”
Shah has significant experience negotiating bank partnership arrangements for fintech platforms on a national basis, start-up company financings through IPO, loan purchase and servicing agreements, and complex on-shore and off-shore information technology and business process outsourcing transactions with an eye toward navigating contractual, operational, and regulatory hurdles to achieve real-world business outcomes. Shah also has experience in real estate, asset-based, and unsecured financings, as well as enforcing rights and remedies against corporate debtors in non-bankruptcy workout negotiations. He regularly advises companies on California-specific financing topics, including new legislation affecting consumer and commercial lenders and lessors, and matters before the California Department of Financial Protection and Innovation. In 2019, the Equipment Leasing and Finance Association honored Shah with its David H. Fenig Distinguished Service in Advocacy Award.
Shah started his career as a prosecutor in the Manhattan District Attorney's Office, spent several years in private practice and then worked in-house at Toyota Motor Credit Corporation for nine years, handling a range of commercial transactional and regulatory matters, before rejoining private practice in 2013. He received his B.A. from Duke University and his J.D., cum laude, from Boston University. He is a Certified Information Privacy Professional and a certified Six Sigma Black Belt.
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