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Test Your Expertise ' DIP Financing

By William Barnett
September 25, 2003

For the reader who has been involved in more debtor-in-possession (DIP) financings than he or she can remember, please treat this article as the opportunity to impress yourself with just how much you know about it. Check off each category if you can truthfully say 'I knew that!' A sum of eight or more checks makes you a big dipper.

For those readers who know in advance that they would not qualify as big dippers or even little dippers, treat this article not as an exhaustive treatise on DIP financing, but as 1) a review of the areas with which to be concerned when involved with DIP financing, and 2) a sampling only of the numerous examples that comprise each category.

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