Nothing serious to tell or update …. I just saw this photo in our local feed and thought it was funny.
My update is hopefully a smile for you today.
Take care.
Just a funny for you
Nothing serious to tell or update …. I just saw this photo in our local feed and thought it was funny.
My update is hopefully a smile for you today.
Take care.
Lessons Learned from the Woodbridge Scam 
In case you had not seen this, another cash distribution is coming:
WOODBRIDGE LIQUIDATION TRUST
Michael I. Goldberg, Liquidation Trustee
14140 Ventura Boulevard, Suite 302
Sherman Oaks, California 91423
April 1, 2020
FOR IMMEDIATE RELEASE:
Contact:
Michael I. Goldberg, Liquidation Trustee
Woodbridge Liquidation Trust
Tel: 1-310-765-1550
Woodbridge Liquidation Trust Announces Cash Distribution
SHERMAN OAKS, California—April 1, 2020—Woodbridge Liquidation Trust (the “Trust”) announced that its Liquidation Trustee, with the approval of the Trust’s Supervisory Board,
has declared an aggregate cash distribution of $25,000,000 on the Trust’s Class A Liquidation Trust Interests (the “Class A Interests”). This amount includes a reserve of approximately
$603,000 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 $2.12 per Class A Interest, and will be paid on or about April 10, 2020 to holders of record of Class A Interests as of close of business on Tuesday, March 31,
2020.
Regarding the distribution, the Trust’s Liquidation Trustee Michael Goldberg said, “I am pleased to be able to announce this additional interim distribution to our holders. It was made
only after considering the liquidity needs of the Trust and its subsidiaries to navigate through the uncertainties of the market. We continue to anticipate making additional distributions
in the future from time to time.”
About Woodbridge Liquidation Trust:
Woodbridge Liquidation Trust is a Delaware statutory trust that, together with its wholly-owned subsidiary Woodbridge Wind-Down Entity LLC, was formed on February 15, 2019 to
implement the terms of 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 purpose of the Trust is to prosecute various causes of action acquired by the Trust pursuant to the Plan, to litigate and resolve claims filed against the debtors under the Plan, to
pay allowed administrative and priority claims against the debtors (including professional fees), to receive cash from certain sources and, in accordance with the Plan, to make
distributions of cash to holders of interests in the Trust subject to the retention of various reserves and after the payment of Trust expenses and administrative and priority claims. For
more information, visit http://www.woodbridgeliquidationtrust.com.
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thank you for this Noah
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Wondering when we will get another distribution. It saddens me that you just can’t trust anybody today.
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I’m guessing sooner than later with the Comerica Bank money that came in
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