TY - JOUR T1 - Doubledowning JF - The Journal of Private Equity SP - 45 LP - 57 DO - 10.3905/jpe.2002.320024 VL - 5 IS - 4 AU - James H.M. Sprayregen AU - Jonathan P. Friedland Y1 - 2002/08/31 UR - https://pm-research.com/content/5/4/45.abstract N2 - When a portfolio company needs additional, unplanned infusions of cash, the issue of how to structure the payment is not a trivial question. The options are to invest extra cash on a stand-alone basis or to do it as a part of a “Shared Pain“ restructuring plan, which may include a Chapter 11 proceeding, whether traditional, prepackaged, or pre-arranged. This article reviews the pros and cons of each alternative. ER -