Hummer, for starters, is expected to be considered a distressed asset.

The new credit will allow them to continue pursuing distressed asset purchases, East said.

This is now a distressed asset that requires immediate restructuring.

Anglo is picking up a distressed asset on the cheap.

This week's distressed asset REITs join six others that have come to market in 2009.

This is a distressed asset in free fall that is inarguably worth less than zero.

Joy joins as a managing director on the high yield bond, leveraged loan and distressed asset team.

There are plenty of obstacles, however, that could prevent China from being miners' distressed asset buyer of choice.

The buyout firm is also investing in a new distressed asset fund which is being raised by Starboard.

This is now a distressed asset.

Those talks fell through when Benmosche took over as CEO later that year and ended the company's distressed asset sales.

This could lead to distressed asset sales, benefiting bargain hunters with mid- to long-term investment horizons, according to Ernst & Young.

Hess Corp. sold its half-share of New York-based Hetco, a proprietary energy trading house, to a California-based distressed asset firm last month.

But Ted Osborn, an NPL specialist partner at PwC in Hong Kong, said the outlook for global distressed asset buyers remains good.

Sealey, the son of Les Sealey, the late former Manchester United goalkeeper, would be taking over a severely distressed asset, a hollowed-out shell.

The deterioration in distressed asset prices is hitting the books of dozens of listed companies who rushed into the business a few years back.