Regarding survival mode- we can’t save the company via cost savings anyhow, so why degrade the pwa if bankruptcy is inevitable?
That is the core of the lesson that I’ve taken from previous decades as an observer outside the industry.
Our Pwa was agreed to by both sides. It provides all the necessary relief to run the business, including FM language, if they can successfully argue that case. If they didn’t see the contract as sustainable, then they weren’t doing their fiduciary duty and should have never agreed to it.