Our attorneys have 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 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. – Michael E. Holt
Our attorneys have represented official creditors’ committees and ad hoc creditors’ committees in large real estate restructuring involving properties located throughout the United States and New Jersey. They also have experience with 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 and in out-of-court workouts.
- Well respected in all areas of fiduciary representation including Liquidating Trustees, Plan Administrators, and Oversight Committees.
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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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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Forman Holt has been ranked in the 2023 U.S. News – Best Lawyers® “Best Law Firms” list for the New Jersey region in two bankruptcy-related practice areas.
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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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Managing Member of the firm Charles M. Forman, awarded the prestigious Lawyer of the Year recognition in back-to-back years (2020 & 2021), has been named to The Best Lawyers in America® list for 2023.
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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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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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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.
