Representation of Trustees and Fiduciaries

In addition to a prolific practice serving as and representing Trustees in bankruptcy cases, Forman Holt is also well versed in all manners of fiduciary practice in other courts and proceedings.

The firm has extensive experience in proceedings involving Assignments for the Benefit of Creditors (“ABC”), a state court alternative to formal bankruptcy proceedings. Members of the firm have been routinely appointed as Assignees, who, by statute, take ownership of an entity’s assets and liquidate same for the benefit of all of that entity’s creditors. In addition to having members serve as the actual Assignee, the Firm often serves as counsel to the Assignee, assisting him or her in the fulfillment of their statutory charge, both where the Assignee is a member of the Firm and where the Assignee is a third party.

In addition to state law ABC proceedings, the Firm is also proficient in the representation of Receivers, both in the federal and the state courts. Whether the Receivership involves the management of real property, or the stewardship of an operating entity, the concepts and the skill sets are essentially the same as they are in bankruptcy trustee cases and ABC proceedings: caretaking and resolution.

Forman Holt members strive hard for the conscientious preservation and pursuit of assets; the deliberate care in protecting the interests of others involved, no matter how divergent those interests might be; the zealous pursuit of claims and assets in the maximization of value; and the responsible resolution of the matter, bringing closure and finality to the parties as promptly and efficiently as possible.

  • Well respected and regarded in all areas of trustee and fiduciary representation
  • Called on to participate in major bankruptcy proceedings both as trustees and as attorneys for trustees in New Jersey and Delaware bankruptcy courts
  • Requested to serve as both 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

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.

3 Tips For Small Business Owners In Financial Difficulty 3 Tips For Small Business Owners In Financial Difficulty

Charles M. Forman Receives Lifetime Achievement Award

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.

Charles M. Forman Receives Lifetime Achievement Award Charles M. Forman Receives Lifetime Achievement Award

$31M Transaction For Sale Of Historic Jersey City Building

Attorney Michael Connolly participated in the facilitation of a real estate transaction acquiring a historic 12-story office building at 35 Journal Square.

$31M Transaction For Sale Of Historic Jersey City Building $31M Transaction For Sale Of Historic Jersey City Building

Charles Forman Celebrated for Dedication to the Field of Law in Marquis Who’s Who

Prominent bankruptcy attorney Charles M. Forman has been included in Marquis Who’s Who, the publication which serves as the standard in biographical reference publications.

Charles Forman Celebrated for Dedication to the Field of Law in Marquis Who’s Who Charles Forman Celebrated for Dedication to the Field of Law in Marquis Who’s Who