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Whose Money Is It? How Asset Forfeiture Affects Bankruptcy Distributions

Adine Momoh, Carolina A Fornos, Chris Murray, and David Jones

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Bankruptcies involving crime, restitution, and assets subject to forfeiture can result in challenging and complex proceedings. What happens when the interests of debtors, trustees, creditors, victims, and the federal government conflict? In a panel moderated by Assistant United States Attorney Adine Momoh, Bankruptcy Judge David Jones (SDNY), white collar litigator Carolina Fornos, and frequent bankruptcy trustee Chris Murray explore these conflicts as well as possible strategies to resolve them (including coordination and cooperation agreements).

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