bona fide (not comparable) 1  In good faith. 2  Genuine; not counterfeit.
What is a 'Debtor in Possession (DIP)' A debtor in possession (DIP) is a person or corporation who has filed for bankruptcy protection but still holds property that a creditor has a right to.  It is part of U.S. bankruptcy law and is the term used to describe a corporation that continues to do business while under Chapter 11 bankruptcy proceedings.
83, No. 3, March 2010. Adverse possession is an ancient legal doctrine. In the typical adverse-possession case, a property owner has inadvertently built a fence within neighboring property. The discrepancy is then discovered many years later, when one of the neighbors has a survey done for some reason.