PT - JOURNAL ARTICLE AU - James H.M. Sprayregen AU - Jonathan P. Friedland TI - Doubledowning AID - 10.3905/jpe.2002.320024 DP - 2002 Aug 31 TA - The Journal of Private Equity PG - 45--57 VI - 5 IP - 4 4099 - https://pm-research.com/content/5/4/45.short 4100 - https://pm-research.com/content/5/4/45.full AB - 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.