Representation of Creditor Committees

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.

Three Forman Holt Members Recognized as Best Lawyers® 2025 Award Recipients

Forman Holt is thrilled to announce that three members of the firm have been included in the 2025 edition of Best Lawyers in America ®, regarded as the definitive guide to legal excellence.

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Three Forman Holt Members Recognized as Best Lawyers® 2025 Award Recipients Three Forman Holt Members Recognized as Best Lawyers® 2025 Award Recipients

Charles M. Forman Recognized by Chambers in 2024

The firm congratulates Charles M. Forman for his inclusion in Chambers, his tenth consecutive year receiving the honor in the Band 2 Bankruptcy / Restructuring category

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Charles M. Forman Recognized by Chambers in 2024 Charles M. Forman Recognized by Chambers in 2024

Forman Law Attorneys Honored as 2024 New Jersey Super Lawyers

Charles M. Forman, Michael E. Holt, and Erin J. Kennedy have once again been recognized in 2024. Charles M. Forman has been named to the coveted Super Lawyers Top 100 List.

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Forman Law Attorneys Honored as 2024 New Jersey Super Lawyers Forman Law Attorneys Honored as 2024 New Jersey Super Lawyers

Forman Holt Named to "Best Law Firms" 2024

Forman Holt has been named to the prestigious 2024 Tier 1 Best Lawyers® Best Law Firms list for Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law in New Jersey.

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Forman Holt Named to Forman Holt Named to

Trustee Charles Forman Makes Additional Distributions to Asbestos Claimants in NSI Case

Pursuant to an order of the US Bankruptcy Court for the District of Delaware, Charles M. Forman, the Chapter 7 Trustee for NSI, Inc., has issued an additional distribution of $8 million to claimants.

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Trustee Charles Forman Makes Additional Distributions to Asbestos Claimants in NSI Case Trustee Charles Forman Makes Additional Distributions to Asbestos Claimants in NSI Case

Forman Holt Members Confirm Ammon Labs Chapter 11 Plan

Erin Kennedy and Michael Holt confirmed the Chapter 11 Plan of Reorganization for Ammon Analytical Laboratories LLC in the US Bankruptcy Court for the District of New Jersey on March 28, 2023.

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Forman Holt Members Confirm Ammon Labs Chapter 11 Plan Forman Holt Members Confirm Ammon Labs Chapter 11 Plan

NJBLF Receives the William J. Brennan, Jr. Citation for Justice

The NJ Bankruptcy Lawyers Foundation, led by the Foundation’s President Charles M. Forman, received the award from Legal Services of NJ for providing emergency funds that support LSNJ’s clients through challenging times.

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NJBLF Receives the William J. Brennan, Jr. Citation for Justice NJBLF Receives the William J. Brennan, Jr. Citation for Justice

Charles M. Forman Appointed to NJIT Board of Overseers

The New Jersey Institute of Technology has appointed Forman Holt attorney Charles M. Forman, an alumnus of the University, to the distinguished position on its Board of Overseers.

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Charles M. Forman Appointed to NJIT Board of Overseers Charles M. Forman Appointed to NJIT Board of Overseers

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.

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