~ Matt, Yes, That Is 100% Correct’ ~ A general lack of understanding seems to rule the day when it comes to 75/25% to the end. As you know, the reorganizing debtor's assets were, are and never will be available to the WMI-LT for distribution. The 75/25% was for reorganized debtor shares, and the creditors did not vote on it because they did not have a claim to it. Therefor, there was no violation of the APR, as stated in open court during the confirmation hearing ... promoted wishful thinking to a specifically hopeful result, is powerful ... However it doesn’t make it true’ ... AZ