Originally Posted by rickair7777

A *common* consensus among major pilots who lived through it last time is don't give concessions because that will just be used as a lower set-point when they file BK... better to lose 40% of 100%, rather than 40% of 60%.

Apparently there's no legal mechanism for a "snap-back" provision which would survive a BK filing... courts will only care what your pay was going in, they won't care how you got there.