Washington Mutual Preferred fka WAMPQ

[clawmann]

bottom of pg 261 of the new DS:

"As set forth in greater detail in the Disclosure Statement Order, with regards to only holders of Preferred Equity Interests and Common Equity Interests in Classes 19 and 22, respectively, that fail to return their Ballots prior to the Voting and Election Deadline [my note: which I believe is now Feb 9], such holders may still grant the Non-Debtor Release Election by returning their Ballot prior to the Equity Release Election Date, which has been set as February 29, 2012 at 5:00 p.m. (Pacific Time) (or a later date as agreed to by the Debtors and the Equity Committee or otherwise ordered by the Court)."

I hope the dates stay as they are. I want this done.

So right now, you must make your release election by Feb 29.
But votes on the plan must be received by Feb 9. So if you want to vote on the plan, you have to get your vote in by the 9th.

I don't think you will be able to submit a vote by the 9th and wait to submit a release by the 29th. I think, if you vote, you have to send in your release election at the same time. In any case, I believe your shares will be locked up when you vote, so it doesn't make much difference.

NOTE: Ballots have not been sent out yet but - if the judge says OK tomorrow - they should be mailed out by Monday the 16th at the latest.