Powerhouse Payments LLC appoints Paul Philips to oversee global sales and acquisitions

Calabasas, CA March 8, 2010 – Powerhouse Payments LLC announced today that “The Next Level” and its founder Paul Philips have been named Top Agent Office.
March 8, 2010 - PRLog -- Calabasas, CA March 8, 2010 – Powerhouse Payments LLC announced today that “The Next Level” and its founder Paul Philips have been named Top Agent Office. While Mr. Philips is relatively new to the Bancard arena, he continues to bring on merchants at an alarming rate. His agent office “The Next Level” offers a one of a kind opportunity never before seen in the Bancard industry. Mr. Philips will now oversee Powerhouse's global sales program. Prior to entering the Bancard Industry Mr. Philips was a practing attorney who zealously managed complex litigation against some of the nation’s largest and most powerful corporations, including but not limited to Glaxo Wellcome, General Motors, Ford Motor Company, MGM, Sumitomo Chemical Company, Dow Chemical, Specialized Bicycles, and various insurance carriers and governmental entities.

In the mid-1990s, he was selected as a member of a team of attorneys successfully representing residents of Hinkley, California in massive litigation against utility giant Pacific Gas & Electric.  Mr. Philips’ work on the case contributed to his clients receiving more than $300,000,000.00 in settlement of the action.  The case is now legend, having been retold in the 2000 feature film “Erin Brockovich.”

In 2000, in a federal action filed against New York Life Insurance Company, Mr. Philips was again selected to assist in leading a team of attorneys at one of California’s largest insurance bad faith litigation firms.  The case was filed following failed negotiations directed at obtaining life insurance policy benefits for heirs of survivors of the Armenian Genocide of 1915.  The action settled for more than $20,000,000.00.

In 2001, Mr. Philips was approached by a group of policyholders to file a complex action against a major insurer following the 1994 Northridge, California earthquake.  Mr. Philips’ representation in that action contributed to the matter resolving for more than $7,000,000.00.

Mr. Philips has also represented and advised numerous high-profile professional athletes, as well as celebrity film, television and stage performers.  In 2004, Mr. Philips successfully represented a celebrity client in large-scale litigation against Zsa Zsa Gabor that garnered international media attention and coverage.

Mr. Philips has also advised and represented many business owners in entity formations and transactions, in intellectual property matters and in business and other litigation.  He has also been invited to speak at legal education seminars for other attorneys, and has written numerous articles for nationally distributed business publications on topics of state and federal business law.

We are thankful for the opportunity to work with Mr. Philips and his team of Bancard agents!

Source: Allan Lacoste CEO Powerhouse Payments LLC

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Powerhouse Payments is a multifaceted merchant
solution provider that maintains one of the highest merchant approval rates in the industry. We are dedicated to providing the highest service levels as well as the latest technology. We generally approve our merchant accounts in two days or less! We have a full time dedicated staff here at our corporate office in Valencia, California. Being a full service payment solutions provider allows us to offer our clients a full suite of products including Credit, Debit, EBT, Check Conversion, Check Guarantee, and Gift & Loyalty Card Solutions.

Powerhouse Payments uses First Data’s processing engine. First Data makes buying and selling easier. Many of you do business with First Data everyday, although you may not realize it.
Source:Allan Lacoste CEO Powerhouse Payments LLC
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