Liquidation: Woodbridge Liquidation Trust

Form Type: 10-Q

Filing Date: 2025-02-14

Corporate Action: Liquidation

Type: New

Accession Number: 000114036125004901

Filing Summary: Woodbridge Liquidation Trust, formed under Delaware law, is in the process of liquidating its assets per the Liquidation Trust Agreement and the First Amended Joint Chapter 11 Plan of Liquidation. The trust was established to collect, manage, and distribute the Trust assets for the benefit of beneficiaries and to resolve claims against the Debtors. As of December 31, 2024, total assets amounted to $65,174,000 with liabilities totaling $21,566,000, resulting in net assets in liquidation of $43,608,000. The financial statements reflect that the trust has been making distributions to beneficiaries while managing accrued liquidation costs which are projected to conclude by March 31, 2026. The trust engages in litigation to resolve disputed claims and is addressing construction defect claims. The trust’s operations include handling various financial instruments, including cash equivalents and restricted cash, with a focus on meeting outstanding claims and costs associated with the liquidation process.

Document Link: View Document