%0 Journal Article %A James H.M. Sprayregen %A Jonathan P. Friedland %T Doubledowning %B Avoid Double Trouble Structuring Alternatives for Additional Rounds in Troubled Portfolio Companies %D 2002 %R 10.3905/jpe.2002.320024 %J The Journal of Private Equity %P 45-57 %V 5 %N 4 %X 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. %U https://jpe.pm-research.com/content/iijpriveq/5/4/45.full.pdf