Fox Rothschild LLP

Jeffrey M. Schlerf and Eric M. Sutty Join Fox Rothschild's Wilmington Office

January 9, 2009

Fox Rothschild LLP has announced that Jeffrey M. Schlerf and Eric M. Sutty have joined the firm's Financial Restructuring & Bankruptcy Practice, resident in the Wilmington, Delaware, office as partners.

"Jeff and Eric are excellent additions to our bankruptcy practice and the Wilmington office," said Gregory B. Williams, Office Managing Partner. "Jeff has a significant practice, is one of the top bankruptcy attorneys in Delaware, and was a leader for many years at his former firm. Eric has worked under Jeff's guidance and mentoring for many years and is an excellent practitioner. By adding Jeff and Eric as partners in the Wilmington office, we are adding to the high level of experience and skills that presently exists in our bankruptcy practice on a national level and significantly bolstering our experience, skills and presence in the bankruptcy practice in Delaware. We are thrilled that Jeff and Eric decided to join us."

Recognized by Chambers USA as a leader in the bankruptcy field, Schlerf is the former chairman of Bayard, P.A. He maintains a diverse practice in the areas of commercial bankruptcy, restructurings, insolvencies, liquidations, loan workouts, commercial litigation and mediation. Schlerf's clients include debtors, creditors' committees, trustees, secured and unsecured creditors, purchasers and litigants in federal and state courts. He is a member of the Mediation Panel for the United States Bankruptcy Court for the District of Delaware and is certified as a mediator by the Delaware Superior Court.

Schlerf has over 20 years of professional experience relating to the financial industry. Prior to attending law school, Schlerf worked as an economist in the public sector at the Federal Reserve and subsequently for a large financial institution. Schlerf received his J.D. from the College of William and Mary, Marshall-Wythe School of Law in 1991; an M.A. from the University of Delaware in 1983, and a B.A. from the University of Pennsylvania in 1982. He is admitted to practice in Delaware and Pennsylvania.

Sutty, who was a former associate at Bayard, concentrates his practice in the areas of corporate bankruptcy, creditors' rights and commercial litigation. He has represented the interests of all types of parties in many large bankruptcy cases in Delaware.

Sutty received his J.D. from the University of Baltimore School of Law in 2000, and his M.B.A. from the University of Baltimore Merrick School of Business that same year. He obtained his B.B.A. from the College of William and Mary in 1994. Sutty is admitted to practice in Delaware.

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