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Trustee Charles Forman of Forman Holt Makes Additional Distributions to Asbestos Claimants in NSI Case
Pursuant to an order of the United States Bankruptcy Court for the District of Delaware, Charles M. Forman, the Chapter 7 Trustee for National Service Industries, Inc. (NSI) has issued an additional distribution of $8 million to claimants.
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.