Originally Posted by fisherman

so let's say we vote no and the judge imposes the term sheet. then we negotiate a new contract after we exit bankruptcy, but how long would that take to negotiate the new contract? i could easily see negotiations taking 5 years. So we could be working under the horrible term sheet for as long as the AIP would have been good for, except we would be making a lot less money with worse work rules under the term sheet than if we would have voted yes. I don't think we will exit bankruptcy and immediately be able to get some great new contract.