Trustee & Fiduciary

We are a longstanding and well established insolvency and bankruptcy firm in the Greater New York / Philadelphia / Northeast region. In addition, our attorneys practice bankruptcy law throughout the country.

Representation of trustees and fiduciaries is Forman Holt Eliades & Youngman’s largest practice area.

For more than 30 years, members of the firm have participated in well over 20,000 Bankruptcy Court Chapter 11 and Chapter 7 proceedings as trustees and as attorneys for trustees. Members of the firm also have participated in well over 150 state court liquidation cases as assignees and attorneys for assignees, and we have been specifically designated to serve as receivers and counsel to receivers in New York State.

We frequently have been called on to participate in major cases involving alleged violations of ERISA, the Internal Revenue Code and SEC regulations, and massive Ponzi schemes and matters involving large-scale fraudulent activity. We also have broad experience in complex and difficult Chapter 11 and Chapter 7 cases involving a wide variety of areas such as real estate, manufacturing, construction, retail, telecommunications and technology, health care facilities and energy producers.

As attorneys to trustees and other fiduciaries, we have developed expertise in litigation involving the areas of fraudulent and preferential transfers and other avoidance actions under the Bankruptcy Code and state court statutes.  At any given time our firm is handling hundreds of lawsuits and adversary proceedings in bankruptcy and state courts.  We have developed an excellent reputation for our skillful handling of such litigation matters with fellow members of the bar, the courts and the Office of the United States Trustee. 

The firm’s collective expertise makes us capable of handling any type of litigation matter before the bankruptcy or state courts in any jurisdiction throughout the country.

Click here to view a selection of the firm’s work in Chapter 7 and Chapter 11 proceedings where the United States Department of Justice appointed members of the firm as bankruptcy trustees, the firm serves or served as counsel to a trustee or the firm served as a state court fiduciary or counsel for a state court fiduciary.

  • Well respected and regarded in all areas of trustee and fiduciary representation
  • Called upon to participate in major bankruptcy proceedings as trustees and as attorneys for trustees in New Jersey and Delaware bankruptcy courts
  • Requested to serve as assignees and receivers and as attorneys for assignees and receivers in court supervised liquidation proceedings
  • Requested to serve as liquidating trustees and attorneys for liquidating trustees under confirmed Chapter 11 plans of reorganization
  • Significant collective professional expertise in handling all types of litigation matters before the bankruptcy courts and in representing assignees and receivers in state and federal court liquidation proceedings

Charles M. Forman Receives Lifetime Achievement Award

The New Jersey Law Journal has announced that Charles Forman is a recipient of their 2016 Lifetime Achievement Award.

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Charles M. Forman Receives Lifetime Achievement Award

3 Tips For Small Business Owners In Financial Difficulty

Charles M. Forman is featured in the online column “Triple Play”, a weekly NJBIZ feature that asks top executives in New Jersey to talk about three things related to their industry.

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NJ Governor Appoints David S. Catuogno a Commissioner of the PVSC

The New Jersey State Senate has confirmed Governor Chris Christie’s appointment of attorney David S. Catuogno as a Commissioner of the Passaic Valley Sewerage Commission.

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NJ Governor Appoints David S. Catuogno a Commissioner of the PVSC

Three Members Recognized As Bergen’s Best Lawyers

Daniel M. Eliades (bankruptcy), David S. Catuogno (bankruptcy) and Joseph M. Cerra (appellate) are recognized by their peers in 201 Magazine’s Top Lawyers 2015 survey results.

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Three Members Recognized As Bergen’s Best Lawyers

Soo Hyeon Park $2.1M Settlement Reached

Settlement brings closure to wrongful-death lawsuit filed against the village of Ridgewood by the family of the 13-year-old drowning victim.

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Soo Hyeon Park $2.1M Settlement Reached