Counsel Selected for Delta Creditor Panel

Hahn & Hessen LLP, New York, has been selected as the counsel to the Official Committee of Unsecured Creditors in the bankruptcy filing of Delta Financial Corp., Woodbury, N.Y. According to the law firm, members of the Creditors Committee include Mortgage Information Services, Delta Funding Residual Exchange Co., DB Structured Products, J2 Global Communications, and AT&T Corp. Landis Rath & Cobb LLP has been selected as Delaware counsel. Other official creditors' committees being represented by Hahn & Hessen are: New Century Financial, American Home Mortgage, Aegis Mortgages and ResMae Mortgage. "We are hopeful that our knowledge of the issues unique to distressed mortgage lenders will enable us to assist the committee in maximizing creditor returns," said Mark Power, a partner in Hahn & Hessen's bankruptcy group.

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