Robert C. Gerlach

215/864-8526 Telephone
215/864-8999 Facsimile
gerlach@ballardspahr.com
Ballard Spahr Andrews & Ingersoll LLP
1735 Market Street, 51st Floor
Philadelphia, PA 19103-7599

Robert C. Gerlach is a partner in the Business and Finance Department and a member of the Energy and Project Finance Group, Securities Group, Transactional Finance Group, and Securitization Group. His practice is concentrated in the areas of public utility law and corporate and project finance.

Since joining Ballard Spahr in 1974, Mr. Gerlach has represented corporate clients and underwriters in financial transactions, including initial public offerings, registered and private debt financings, tax-exempt financings, project financings, asset securitizations, leveraged and synthetic leases, leveraged buy-outs, and mergers and acquisitions. A significant portion of his practice has been assisting clients in innovative financings and the development of new financial products. His experience in these areas includes the federal securities laws, credit enhancement, and corporate indentures.

Since 1996, Mr. Gerlach has represented clients in electric industry deregulation, the creation of independent system operators, and the development of competitive electric markets. His practice in this area has focused on corporate, governance, finance, regulatory, contract and disclosure matters. From 1997 to 1999, he served as general counsel and secretary of ISO New England Inc., the independent system operator of the bulk power grid and wholesale electricity markets in New England. Mr. Gerlach was also extensively involved in Pennsylvania electric deregulation initiatives, including the drafting of the Pennsylvania Generation Customer Choice and Competition Act, and representing clients in stranded asset securitizations, including, in 1999, what was then the largest ever U.S. asset securitization.

Mr. Gerlach is a member of the firm’s Opinion Committee and chair of the Audit Letter Response Committee. He has lectured on securities law reform, electricity deregulation, lawyers’ audit letter responses and audit committee issues, and standard asset securitizations.

Mr. Gerlach is a graduate of Lehigh University (B.S. 1970) and the University of Pennsylvania Law School (J.D. 1974). He is an avid skier and golfer.