I just said the opposite. If the plan members are still behind the secured creditors in the bankruptcy act priority of claims, then they won't have the bargaining clout or position in restructuring to have better outcomes.
It's easy to talk about a good restructuring process, but there are enormous costs in that process as well. To give plan members and workers and pensioners a bit more of a position in the restructuring process, they should go ahead of secured creditors.