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ARTICLES IN Notable Cases

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.

Ground-Breaking Decision Re: Equitable Distribution Claims Window

The US Court of Appeals for the Third Circuit broke new ground holding for the first time that a debtor’s spouse has an unsecured claim for equitable distribution as long as a complaint for divorce is pending when the bankruptcy case is filed. Erin Kennedy successfully argued for the allowance of the claim.

NJ Affordable Homes Corp. Ponzi Scheme: Trustee Recovery Efforts Continue

Bankruptcy Judge Donald H. Steckroth has issued a 108-page decision upholding substantially all claims asserted in almost 600 proceedings commenced by Charles M. Forman, trustee in the case of NJ Affordable Homes Corp., a massive real estate Ponzi scheme perpetrated by Wayne Puff and others.

Founders’ Son Buys Entertainment Publications Out Of Bankruptcy

Entertainment Publications, the 50-year-old company that publishes a ubiquitous coupon book sold mostly through fundraisers in more than 150 cities, filed for Chapter 7 bankruptcy liquidation March 12, 2013. Charles Forman was appointed as bankruptcy trustee, authorized by the U.S. Bankruptcy Court in Delaware on March 25 to operate the company until a sale is […]

Bankrupt. Who Pays?

It was the final days of business for Workbench, an upscale furniture store with headquarters in Bayonne, NJ and franchise locations nationally when the New York Times profiled its demise.