 In 1312, Waldemar also waged war against Margrave Frederick I of Meissen.Frederick was captured and arrested; to regain his freedom, he had to cede the March of Lusatia as well as the towns of Torgau and Großenhain to Brandenburg and to pay a ransom of 32,000 silver Mark.In the Imperial election of 1314, Waldemar voted for the Wittelsbach candidate Louis IV against his Habsburg rival Frederick the Fair.