Creditors’ Committees

Forman Holt has represented creditors’ committees in Chapter 11 cases and out-of-court workouts in New Jersey and in other jurisdictions.  As the attorneys for creditors’ committees, we recognize that the primary goal of the representation is to maximize the value to unsecured creditors while minimizing the expenses associated with doing so. 

No matter the size or scope of a distressed business, our attorneys have the ability to successfully negotiate the insolvency process to maximize value on behalf of our constituencies.

Our firm has represented official creditors’ committees and ad hoc creditors’ committees in several large real estate restructurings involving properties located throughout the United States and New Jersey as well as represented committees for businesses in industries such as retail, manufacturing, transportation and tourism.

The experience of our attorneys and the focus of our practice allow us to provide superior legal services on behalf of creditors’ committees in cases of all industries and sizes.

  • Represent creditors’ committees in Chapter 11 cases
  • Represent creditors’ committees in out-of-court workouts
  • Well respected in all areas of trustee and fiduciary representation

Discharging Duties: Public Policy Perils of a Trustee Leveraging a § 727 Claim for Financial Gain

Michael J. Connolly explores the obligations of a chapter 7 trustee which, at times, may seem to clash in the handling of discharging duties.

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Discharging Duties: Public Policy Perils of a Trustee Leveraging a § 727 Claim for Financial Gain

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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3 Tips For Small Business Owners In Financial Difficulty

Wall Street Journal: Using Bankruptcy To “Rebirth” Companies

“Master of Disaster” Charles M. Forman uses a bankruptcy filing unconventionally, bringing businesses back to life while awaiting a sale.

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Wall Street Journal: Using Bankruptcy To “Rebirth” Companies

NJ Law Journal: When Money Problems & Marital Problems Collide

Exploring the implications of Erin Kennedy’s ground-breaking Third Circuit decision in the Ruitenberg case and still-unanswered “divorce colliding with bankruptcy” questions.

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NJ Law Journal: When Money Problems & Marital Problems Collide