Many areas of our practice ultimately involve interests in real property. A client may have an estate with commercial or residential real property that needs to be sold. A commercial client might have a lien on an office building, a residential tower, a multi-purpose retail development or even raw, undeveloped land. In every circumstance, there is an interest in real property that must be protected and liquidated. We have the staff and experience to handle large scale foreclosures.
Our attorneys litigate issues affecting secured transactions under Article 9 of the Uniform Commercial Code, as well as foreclosures on commercial properties, residences and timeshares.
We have experience in providing guidance to our clients in the disposition of properties pursuant to various methodologies and the recovery of payment from collateral. Whether there is a foreclosure, sale by auction, or an arms-length transaction to a disinterested third party, or even when the client takes the property back via credit-bid or surrender, Forman Holt is there to prepare or review whatever documents may be necessary to close the deal. We are there to make sure the client’s interests are protected and help to maximize the return from the property.
We use our specialized knowledge of insolvency law to preserve and protect existing property interests for our commercial and individual clients who are experiencing economic challenges.
- Present creative transactional solutions
- Preserve and protect clients’ property interests
- Close on difficult troubled deals
- Resolve lien and title issues
Forman Holt has been ranked in the 2024 Tier 1 Best Lawyers® Best Law Firms list for the New Jersey region in two bankruptcy-related practice areas.
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Forman Holt is pleased to announce that all three members of the firm have been included in the 2024 edition of The Best Lawyers in America ®.
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It is Mr. Forman’s ninth consecutive year receiving the honor of being ranked in “Band 2” of Chambers’ Bankruptcy/Restructuring category.
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All of the firm’s members have been named to the prestigious Super Lawyers list in 2020, 2021, 2022 and 2023, an honor reserved for only 5% of lawyers in each state.
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After a claim review process developed by the Trustee, approximately 4,000 claims asserted against NSI were approved in a single Chapter 7 proceeding.
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The Chapter 11 Plan of Reorganization for Ammon Labs was confirmed in the United States Bankruptcy Court for the District of New Jersey.
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The New Jersey Bankruptcy Lawyers Foundation, led by the Foundation’s President Charles M. Forman, received the William J. Brennan, Jr. Citation for Justice from Legal Services of New Jersey for providing emergency funds that support LSNJ’s clients through challenging times.
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The New Jersey Institute of Technology has appointed Forman Holt attorney Charles M. Forman, an alumnus of the University, to its Board of Overseers.
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The NJ Law Journal named Charles Forman as recipient of their 2016 Lifetime Achievement Award. The committee considers which individuals helped to shape the law in NJ, through their work on the bench, in-house or building a firm.