Below is the announcement that came out hours ago. Hopefully more money to follow soon!
Here is the link to the full story.
May 11, 2023 05:34 PM Eastern Daylight Time
GLENDALE, Calif.–(BUSINESS WIRE)–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 million on the Trust’s Class A Liquidation Trust Interests (the “Class A Interests”). This amount includes a reserve of approximately $120,000 for amounts that are or may become payable (a) in respect of Class A Interests that may be issued in the future upon the allowance of unresolved bankruptcy claims, (b) in respect of Class A Interests issued on account of recently allowed claims, (c) for holders of Class A Interests who failed to cash checks mailed in respect of prior distributions, (d) for distributions that were withheld due to pending avoidance actions, and (e) to holders of Class A Interests for which the Trust is awaiting further beneficiary information.
The distribution amounts to $2.18 per Class A Interest, and will be paid on or about June 12, 2023 to holders of record of Class A Interests as of close of business on May 31, 2023.