New York bankruptcy & reorganization partner Andrew Tenzer was quoted in an April 2 story on Law360 that examined trends in debtor-in-possession (DIP) financing. The story, titled “Alternative DIP Loans Available But Pricey,” noted that different financing structures offered by these lenders reflect the constraints of the current DIP financing market. “People are not willing to finance, and it’s harder to get them to do the things they would do traditionally,” Tenzer said. “Being creative in this environment is that much tougher.” The story also pointed out that even though a number of nontraditional DIP financing structures have emerged in recent months, it may still be too soon to tell whether this suggests an improving market for DIP loans. Said Tenzer, “DIP financing market is not necessarily any different from other markets that banks might lend into. It will improve when the general picture improves.”