Hahn & Hessen Partner Mark S. Indelicato Named 2011 President of Turnaround Management Association

NEW YORK, Nov. 9, 2010 /PRNewswire/ -- The law firm of Hahn & Hessen LLP is proud to announce that the Turnaround Management Association has elected attorney and managing partner Mark S. Indelicato as its 2011 President.  The TMA is the pre-eminent professional organization in the corporate renewal industry, and is international in scope with over 9,000 members in North America and 15 other countries.  "I am honored to have been elected president and excited to have a leadership role with the TMA at this time of rapid economic change.  TMA has and will continue to play an important role in the evolution of the corporate renewal industry including providing education initiatives for young as well as experienced professionals," explained Mr. Indelicato.

In addition to serving as president, Mr. Indelicato has been active in the TMA for many years, including serving as Vice President of Chapter Relations and Education.  He regularly speaks on issues of creditors' rights, insolvency, asset sales and debtor in possession financing to The New York Institute of Credit, The National Association of Credit Managers and the Law Education Institute, among others.  He is a member of the Board of the New York Institute of Credit, and the New York chapter of the TMA as well as a member of the American Bar and New York State Bar Associations.

The TMA provides a vehicle for the community of turnaround and corporate renewal professionals to work toward the goal of strengthening the economy by restoring corporate value.  Major TMA initiatives include its Code of Ethics, Certified Turnaround Professional program, continuing education programs, public service outreach and the three annual TMA International conferences, as well as regional conferences.  For more information about the TMA, please visit www.turnaround.org.

About Hahn & Hessen

Founded in 1931, Hahn & Hessen LLP delivers sophisticated financial and commercial legal services with substantial recognition for its unique capabilities in those situations where the creditworthiness of a client's existing or potential borrower, counterparty or customer is of concern.  Among the Firm's core practice areas are insolvency and restructurings; commercial finance transactions, including working capital and acquisition lines of credit, asset based lending, structured finance, equipment leasing and finance, aviation finance, repurchase and derivatives transactions; mergers, acquisitions, securities offerings and IPOs; tax; litigation and arbitration; the purchase, lease, financing and disposition of real estate; and trusts and estates.

Hahn & Hessen LLP is located at 488 Madison Avenue, New York, New York 10022.  The Firm's phone number is 212-478-7200.  For more information, please visit the Firm's website at http://www.hahnhessen.com.

SOURCE Hahn & Hessen LLP