Does anyone know where to read up on Distressed Debt valuation and strategies ? I am interested in especially in asian distressed debt.which sectors/industries within asian distressed debt is worth looking at now? thanks!

20 months later and still nothing? the stuff I've seen uses a unique Atman like Z scores for probability of recovery - specific for each asset group. is distressed debt not technical or controversial enough for this group? or is it that the best stuff is proprietary?I posted the following in the CQF Alumni section and didn't get any reply whatsoever there either. __________________what real-estate-asset-backed, distressed-debt, recovery-rate models are being used in practice?who is doing the best work in this area?Robert Jarrow gave an overview of recovery rate models and their shortcomings in May 2008. http://www.saycocorporativo.com/saycoUK ... le_6.pdfHe concludes eluding to further research...thank you very much for any timely info/leads.davidn