Forman Holt Eliades & Ravin LLC - Bankruptcy Attorneys

Forman Holt Eliades & Ravin LLC

664 Chestnut Ridge Road
Spring Valley, New York 10977
Telephone: 845.371.3451
Telefax: 845.371.7667
E-mail: firm@formanlaw.com

Our clients face urgent challenges. The attorneys of Forman Holt Eliades & Ravin strive to deliver effective solutions.

We know the challenges. For years we have represented secured and unsecured creditors, debtors, franchisors, committees and trustees in resolving insolvency-related disputes across the commercial spectrum.

We have experience addressing the needs of all who come before the Bankruptcy Court. Our teams of attorneys focus on bankruptcy reorganizations and liquidations, bankruptcy litigation, restructurings and loan workouts and the related transactional work. We are known for handling some of the most complex and challenging insolvency work in the region.

In connection with our representation of financially distressed businesses, we work with our clients to assess the legal issues relating to their financial problems and to assist in defining realistic business goals and solutions. When possible, we seek to achieve our clients' objectives by working and cooperating with creditors. When necessary, we have the experience and expertise to seek appropriate relief in bankruptcy proceedings through proposed plans of reorganization, sales of businesses or their assets, or orderly liquidations.

We also assist in voluntary wind-ups and liquidations thereby avoiding the filing of bankruptcy proceedings. In these instances, we work closely with our clients to control and manage litigation and minimize the risk of involuntary bankruptcy filings.

We aggressively litigate highly contested cases on behalf of our clients in the state, federal and bankruptcy courts. Our litigation work includes insider and shareholder disputes, avoidance litigation including fraudulent and preferential transfers, lien disputes, adequate protection and automatic stay issues, pre and post confirmation litigation, and claims objections.

We represent lenders with respect to the entire array of problem business loans. These include real estate and asset-based financings, term loans, lines of credit, letters of credit, revolving credit facilities and franchise financing. Our philosophy is to be practical, solve problems, resolve conflicts and, whenever possible, maintain the loan as an earning asset. In some cases, a workout or restructuring of the loan, whether cooperative or adversarial, may provide an acceptable solution. If a workout fails, however, we have the bankruptcy and litigation experience to pursue the clients' rights and remedies against collateral, the borrower, any guarantors and, in appropriate circumstances, any third parties whose actions may have contributed to the lender's loss.

We're also known for our national presence in franchisee-bankruptcy work. We are national bankruptcy counsel to the hotel and the real estate divisions of one of the largest franchisors in the world.

Our attorneys have substantial experience in counseling bankruptcy trustees and creditors committees. In fact, our senior member recently received the Director's Award for Outstanding Achievements by a Private Trustee from the Executive Director of the National Trustee Program. In connection with that practice area, our firm has participated in major bankruptcy cases involving real estate, technology, telecommunications, securities, employee-benefit issues and lender disputes. Further, we are well known for handling commercial fraud cases including the investigation and litigation of insider malfeasance claims.

Forman Holt Eliades & Ravin brings formidable expertise and integrity to the unique challenges of bankruptcy. Our mission is to be the firm of choice for clients seeking the most creative, comprehensive and effective legal services available in the creditor/debtor arena. Our attorneys have the depth of experience and the dedication to help our clients succeed, whether they are confronted with sophisticated bankruptcies, complex litigation or the routine issues that challenge many businesses in the area of debtor/creditor relations. We deliver proven solutions.

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NEW YORK
NEW JERSEY
PENNSYLVANIA
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