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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.
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.
Charles M. Forman: Trustee Award
Charles M. Forman was the first-ever trustee to receive The United States’ Department Of Justice Director’s Award for Outstanding Achievements by a Private Trustee for his role in the TSR Wireless case, the only time that a panel trustee has received such an award from the Department of Justice.
