Note: NOTHING THAT FOLLOWS CAN BE TAKEN AS INVESTMENT ADVICE. YOUR PERSONAL DUE DILIGENCE IS REQUIRED TO DECIDE TO KEEP OR SELL AN INTEREST IN THE Woodbridge Liquidation Trust Are you a noteholder, unitholder, or investor in Woodbridge Wealth / Group of Companies? Looking for the latest updates on the impending Chapter 11 bankruptcy? Are … Continue reading Woodbridge Bankruptcy Update: Timeline, Latest News & More
Distribution is Here
Just a quick note ... looks like the June 15th distribution was out prompt. I'm seeing several folks post in that their checks arrived. Stay cool. Here's to the next distribution!
Zoom
The Zoom update with the bankruptcy court (in Delaware) was very brief this a.m. Mostly the judge just checking in to see if there were any hang ups or big problems. About the only thing I learned was that several of the properties are still in the construction phase and not ready to list for … Continue reading Zoom
June 15th – First Woody Check
Woodbridge Liquidation Trust Announces Cash Distribution SHERMAN OAKS, California—May 14, 2021—Woodbridge Liquidation Trust (the “Trust”) announcedthat its Liquidation Trustee has declared a cash distribution of approximately $30,000,000 on the Trust’s Class A Liquidation Trust Interests (the “Class A Interests”). The distribution amounts to $2.58 per Class A Interest, and will be paid on or about … Continue reading June 15th – First Woody Check
1471 Forrest Knoll Dr.
I'm trying to pull together a survey of properties listed by the Trustee that are yet to sell. The link below is for Forrest Knoll in LA, listed for $28.5 million I also heard directly from a realtor at this same brokerage company that the Trustee should be listing two more with them "any day" … Continue reading 1471 Forrest Knoll Dr.
You don’t Call, You don’t Write …
As of tomorrow it will have been 3 months since the last communication by the Trustee's office. My attempts to chisel out some clues on pending sales have been fruitless. I'll keep my ear to the ground; comment back please if you are finding some realtor listings or other public clues on the real estate … Continue reading You don’t Call, You don’t Write …
March 31st
Our first distribution was back on March 31st 2019; I have nothing new to report really just had an expectation the trustee would post news of the next distribution by yesterday as part of a pattern. I'm checking on some sources to get any updates and will report when I have something.
RE: share price ‘adjustment’
In put on how but not why the share price was dramatically lowered
Share Price ‘adjustment’
I haven't been able to get any answers, math, explanations, etc., etc. on the share price adjustment that came down from our custodians in the last 10 days. As of today the most recent notice on the Trustee website is the Feb 4th notice - telling us not to file your income tax in April … Continue reading Share Price ‘adjustment’
What about all those lawsuits?
I've gotten several people asking for an update on the plethora of lawsuits the Trustee has filed on behalf of (you & your money) the trust. If you remember, one class action is against the bank Shapiro used, Comerica Bank. The other suits are against various lawyers and law firms which drafted various documents to … Continue reading What about all those lawsuits?
Got my check … but with an oops
We all have different U.S.P.S. experiences getting our checks of course. I got mine today but it was dated November 2020. I checked into this a bit and so the trustee released the following. ******************************************************************************************** NOTICE CONCERNING THE JANUARY 27, 2021 DISTRIBUTIONIt has come to our attention that the distribution checks to holders of Woodbridge … Continue reading Got my check … but with an oops
