I would find it very hard to believe a bankruptcy judge would dismiss Delta's DIP knowing it would likely mean Chapter 7 for Pinnacle. Like it or not, federal judges make political rulings all of the time. Just look at what happened to GM bond holders in late 2008 and 2009. Their rights were evicerated by federal judges. Chapter 7 would not only be a disaster for Pinnacle, but it would also hamper Delta's route structure greatly. I just can't see it happening even though I agree Delta has positioned itself ahead of other creditors. Who knows though. We live in unusual times.