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Michael Chernick

Michael Chernick is a partner in the Finance Group at Shearman & Sterling in New York.

michael.chernick@shearman.com

Articles by author

Dipping over here and dipping over there: lessons learned from recent double dip transactions

In this article the authors outline the basic elements of a double dip transaction with a look at recent case studies. They then provide a step-by-step covenant analysis with considerations for lenders and a European perspective.

1 MAR 2024