Charles M. Forman, a senior partner at the law firm of Forman Holt and Eliades and a widely respected leader of bankruptcy law in the region, was named an outstanding alumnus by the Newark College of Engineering (NCE) at New Jersey Institute of Technology (NJIT).
Forman, who in 1972 received a bachelor’s degree in industrial engineering from NCE, was honored during the college’s awards banquet, held May 5 at NJIT.
The Newark College of Engineering is the oldest and largest of NJIT’s six colleges. Forman became a successful lawyer on the foundation of a solid NCE education. He was cited as a role model for current NCE students.
Forman, of Essex Fells, has more than 25 years of broad experience as counsel to debtors and to creditors, in addition to his service as a trustee appointed by the United States Justice Department and as an attorney for numerous other trustees. He also has a J.D. degree from Seton Hall University. His combined background in law and engineering, together with a creative approach to problem solving, have served him well in connection with the many complex assignments that he has undertaken.
In 2002, Forman received the Director’s Award for Outstanding Achievements by a private trustee from the United States Justice Department—an award given each year to only one of the country’s trustees. The award recognized his work on the TSR Wireless case, a telecommunications provider with 2.5 million customers in 40 states. Forman has lectured on behalf of the New Jersey State Bar Association and the Institute for Continuing Legal Education. He has also lectured before numerous organizations, including national groups, on topics such as bankruptcy fraud, trends in bankruptcy law and trustee practice.
Forman has served as a Master in the William H. Gindin Bankruptcy Inn of Court and as president of the Federal Bar Association of New Jersey. He also serves as executive vice president of the NJIT Alumni Association Board of Trustees.