Washington Mutual Inc., the former owner of the biggest U.S. bank to fail, won permission to send its revised bankruptcy plan to creditors for a vote.

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Washington Mutual Inc., the former owner of the biggest U.S. bank to fail, won permission to send its revised bankruptcy plan to creditors for a vote.

U.S. Bankruptcy Judge Mary Walrath in Wilmington, Del., ruled Monday that the plan’s so-called disclosure statement contains enough information to allow the vote. Walrath had ordered the company to add more details to the statement after hearing from creditors and shareholders who have fought over the plan for more than two years.

Walrath last year refused to approve WaMu’s plan to pay creditors more than $7 billion until the company and its backers agreed to make changes. The new version incorporates all of Walrath’s requests, supporters of the plan said in court.

“We do believe strongly in this plan of reorganization,” Fred Hodara, an attorney for the official committee of unsecured creditors, said in court. “We do believe it is critical that this disclosure statement go out now so we can stay on track.”

Attorneys for both sides declined to comment as they left the courtroom.

WaMu, based in Seattle, filed for bankruptcy Sept. 26, 2008, the day after its banking unit was taken over by regulators, and sold to JPMorgan Chase for $1.9 billion. Washington Mutual was the biggest bank to fail in U.S. history, with more than 2,200 branches and $188 billion in deposits.

Walrath will consider the vote of creditors on May 2 when she is scheduled to hold a hearing on the plan. Walrath has approved the central feature of the bankruptcy plan, which is an agreement among WaMu’s biggest creditors, the Federal Deposit Insurance Corp. and JPMorgan, to split billions of dollars in tax refunds and cash.

The hearing in May will involve groups of creditors and shareholders who have long opposed the plan. Shareholders oppose WaMu’s plan because it pays them nothing.

They argue that WaMu’s bank should never have been seized by regulators and sold to JPMorgan.

Shareholders claim in court records that a lawsuit over the seizure and sale would win enough money to pay all of WaMu’s debts and leave something for them.