Creditors of Zucker Goldberg & Ackerman LLC objected Friday to the foreclosure law firm’s proposed liquidation plan, saying the plan is merely an ill-conceived attempt by the firm’s current leadership to retain control.
The official committee of unsecured creditors said in its filing that Zucker Goldberg’s December disclosure statement and liquidation plan appear to be “ill-conceived documents” that were slapped together with no effort to provide adequate information to creditors but rather as a desperate effort by the firm’s principals, Michael Ackerman and Joel Ackerman, to retain control over the estate post-confirmation.
The unsecured creditors committee is represented by David J. Adler of McCarter & English LLP.