news

NJ Biz: 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.

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.

Charles M. Forman Appointed To Register Of Mediators
“This honor is an opportunity for me to help litigants to resolve their sometimes complicated bankruptcy issues” says Charles Forman of his Mediation Program appointment.

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 […]

Charles M. Forman: The Master Of Disaster
This profile piece from The Bergen Record delves into the role Charles M. Forman plays as a bankruptcy trustee: Part SWAT Team Chief, Part CEO.