It looks like last week was a good one for the Woodbridge Chapter 11 rehabilitation plan.  The SEC reached an agreement with Robert Shapiro for him to pay $125 million in penalties. Not all of this will flow into the rehab pot to be distributed …  but most will.  I’m trying to find the details on this now and will update when I know more.

The video below adds some detail.

One thought on “More Money Into the Rehab Pot for Lenders & Unit Holders

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s