Attorney: Forrest Goodrum
![]() | fgoodrum@mgslegal.com |
BIO
Areas of Practice:
- Alternative Dispute Resolution
Arbitration, Mediation, Private Judge, and AAA Trained Arbitrator (Advanced). - Banking/Finance
Commercial Banks, Lending, Secured Transactions, Foreclosures, Repossessions and Loan Workouts. - Bankruptcy (Creditors)
Creditors' Rights, Foreclosures, Garnishments and Workouts. - Business Law
Contracts, Transactions, Joint Ventures. - Civil Litigation
State/Federal Trial & Appellate Practice, Business Litigation, Commercial Litigation and Construction Litigation. - Collections
- Construction Law
Land Use, Construction Contracts, Liens and Defects Litigation. - Corporate Law
Formation of and Planning for Partnerships, Corporations, Limited Liability Companies (LLC), Joint Ventures, Business Successions, Dissolutions, Negotiations, Transactions, Disputes, Annual and Special Meetings. - Estate Planning
Wills & Trusts - Probate
- Real Estate/Project Development
Land Use & Zoning, Contracts, Transactions, Conveyance, Boundary Disputes, Commercial Leasing, Government Takings, Condemnations, Eminent Domain, Mortgages, Foreclosures, and Title Insurance.
Education
- University of North Carolina , B.S., 1968.
- Rutgers Law School, J.D., 1971; Rutgers Law Review.
Employment
- 1970-1972: Hannoch, Weisman, Stern & Besser, Roseland, New Jersey, with emphasis in civil litigation and business law.
- 1972-1981: Hillas & Goodrum, Morristown, New Jersey, with emphasis in civil litigation, real estate, development and construction, business law and estate planning.
- 1981-1988: Lincoln Federal Savings and Loan Association, Westfield, New Jersey, Vice President and General Counsel.
- 1988-1991: Leonard & Butler, P.A., Morristown, New Jersey, with emphasis in civil litigation, banking, business, and construction law.
- 1992: State of Idaho, Department of Law Enforcement, Assistant Counsel.
- 1992 through present Munther Goodrum Sperry, Chartered and its predecessors, with emphasis in business, construction, banking, real estate, and civil litigation.
Publications
- Use of Arbitration Clauses by Financial Institutions , American Arbitration Association News (1989); author.
- Government Taking , The Advocate (Jan. 1997); author.
- Actual and Functional Use , The Advocate (Dec. 1997); author.
- Government Taking: Ninth Circuit Affirms $1.45M Jury Verdict.
- Supreme Court Affirms Jury Verdict in Takings Case.
Lecturer
- Construction Lien Law (2005)
- Recent cases on the Statutes of Frauds, Idaho State Bar CLE (2000)
- The Real Estate Deal, Idaho State Bar CLE (1997)
- Small Business Start-up -- The Legal Issues, SBA SCORE Seminar (1995, 1996).
- Organizing and Operating Limited Liability Companies, Construction Financial Management Assn. (1994).
- Perfecting and Foreclosing Warehouse Liens Under the Uniform Commercial Code, Idaho Movers and Warehousemen's Conference (1994).
- Structural Advantages of Limited Liability Companies, Building Contractors Association of Southwest Idaho (1993).
- Mortgage Lending by Affiliates of Real Estate Brokerage Companies, N.J. League of Savings and Loan Associations (1988).
- Federal Regulations on Property Appraisals for Loans, Society for Real Estate Appraisers (1988).
- Zoning's Impact on Property Value, Society for Real Estate Appraisers (1987).
- Real Estate Subdivision, N.J. Institute for Continuing Legal Education (1979).
Recent Reported Court Decisions of Interest
- Idaho Building Contractor's Association v. City of Coeur d'Alene , 126 Idaho 740, 890 P.2d 326 (1995)
- Greenfield Village Apartments, L.P. v. Ada County , 130 Idaho 207, 938 P.2d 1245 (1997)
- Albee v. Judy , 136 Idaho 226, 31 P. 3d 248, (2001)
- Blickenstaff v. Clegg, 140 Idaho 572, 97 P. 3d (2004)
Memberships and Offices Held
Idaho State Bar; Real Property Section (1996-present, Chairman 1996-97); Commercial Law and Bankruptcy Section, (1993-present); Idaho Building Contractors Association (Associate Member), Association of Trial Lawyers of America, Association of General Contractors (Associate Member), Commercial Arbitrator and Construction Panel Arbitrator, American Arbitration Association (1988-present); New Jersey Bar, Banking Law Section (1985-1991), Secured Transactions Committee (1986-1991), Consumer Lending Committee (1990-1991), and Legislation Committee (1989-1990); Legal Advisory Committee N.J. League of Savings and Loan Associations (1987-1990).
Project Development Experience
Residential and Commercial projects with U.S. Homes, Calton Development, Inc., Rocky Mountain Land Company, Datum Construction, Inc., and various financial institutions.


