Last Friday the manager of the trust decided it was time to release another $53 million out to us. Seems a little ambitious to me, but they are saying to expect checks kicked out by January 10th. See below
Woodbridge Liquidation Trust Announces Cash Distribution
SHERMAN OAKS, California—January 3, 2020—Woodbridge Liquidation Trust (the “Trust”) announced that its
Liquidation Trustee, with the approval of the Trust’s Supervisory Board, yesterday declared an additional interim
aggregate cash distribution of $53,426,092 on the Trust’s Class A Liquidation Trust Interests (the “Class A
Interests”). This amount includes a reserve of approximately $1,602,860 for the issuance of additional Class A
Interests based on estimated bankruptcy claims subject to future allowance pursuant to the First Amended Joint
Chapter 11 Plan of Liquidation dated August 22, 2018 of Woodbridge Group of Companies, LLC and its Affiliated
Debtors (the “Plan”).
The distribution amounts to $4.50 per Class A Interest, and will be paid on or about January 10, 2020 to holders of
record of any Class A Interests as of close of business on Friday, January 3, 2020.