Sacchetta, Susan J.

Erica Ryland has extensive experience in all aspects of complex business restructurings and insolvencies, including advising distressed borrowers in out of court restructurings, debtors in chapter 11 cases, secured lender and bondholder steering committees, and acquirors of distressed businesses.

Erica's recent experience includes serving as lead advisor to the second lien lenders in the chapter 11 case of Bi-Lo, a $2.5 billion regional grocery store chain; Interep National Radio Sales, the nation's second largest radio advertising sales company, in its chapter 11 case; the investment firm of W.L. Ross & Co. in its $500 million acquisition of the mortgage servicing portfolio of chapter 11 debtor American Home Mortgage; and Dana Corporation, one of the largest suppliers to the global automotive industry, in the out-of-court cross-border restructuring of its European operations.

Erica brings an unusual perspective to her legal practice, having had a career in banking for nearly 13 years before attending law school. She was previously a vice president in the corporate lending divisions of Chemical Bank and Manufacturers Hanover Trust Company (both now part of JPMorgan Bank), specializing in lending and credit risk management, and thereafter served as senior credit officer for Greenwich Capital Markets (now owned by the Royal Bank of Scotland).