Harvey I. Forman

Biography

Harvey Forman has more than 35 years of experience representing institutional lenders, including banks, commercial finance companies, mortgage companies, and insurance companies. He serves clients in areas such as:

  • Asset-based financing and commercial lending
  • Secured transactions and creditors' rights
  • Loan syndications and participations
  • Loan restructurings and workouts
  • Intercreditor relationships
  • Lender liability prevention and defense
  • Debtor-in-possession financing
  • Bankruptcy and reorganizations

Chambers USA reports that Harvey “is considered ‘an iconic name’ in the world of commercial consumer finance” and stated, “‘Excellent attorney’ Harvey Forman is hugely experienced in representing lenders and is renowned in the marketplace.” Chambers sources noted that Harvey “understands what it takes to get transactions closed and never loses track of the issues at hand.” Chambers sources also said he is, “one of the deans of the Philadelphia banking Bar” and “has a ‘sterling reputation’ for creditors’ rights and loan syndications in particular.”

Experience

  • Commercial finance subsidiary of a national bank with its $220 million financing of substantial Latin America receivable portfolio.
  • National bank agenting a leading syndicate providing a $500 million asset-based revolver to a national pharmaceutical and related product discounter.
  • National bank agenting a syndicate providing an $80 million revolver financing mortgage receivables.
  • Investment fund with a $2.2 billion secured revolver and term financing for its acquisition of commercial mortgage portfolios.
  • Regularly represents banks, finance companies, and other lenders, for themselves and as agents for loan syndicates, in workouts, restructurings, bankruptcy financings, and liquidations.

News & Views

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Recognitions

  • Banking & Finance Law, listed in Chambers USA
  • 1995–2024, Banking and Finance Law, Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, and Equipment Finance Law in Philadelphia, listed in Best Lawyers in America©
  • 2019, “Lawyer of the Year” in Banking and Finance Law, Philadelphia, listed in Best Lawyers in America© (Woodward/White, Inc.)
  • 2004–2017, “Pennsylvania Super Lawyer” in Banking, listed in Super Lawyers
  • AV-Preeminent®, listed in Martindale-Hubbell®

Affiliations

Memberships

  • American Bar Association
  • Philadelphia Bar Association
  • Academy of Natural Sciences
  • American College of Commercial Finance Lawyers
  • Association of Commercial Finance Attorneys
  • CFA Education Foundation
  • Lake Naomi Club
  • Pennsylvania Bar Association
Professional Activities

Harvey is an elected Fellow of the American College of Commercial Finance Lawyers, of which he was a member of its Board of Regents from 2000 to 2003. Harvey serves on the Founders Leadership Council of the CFA Education Foundation, and is also a member of the Association of Commercial Finance Attorneys.

Credentials

Admissions

  • Pennsylvania

Education

  • Brown University, BA
  • Villanova University School of Law, JD