The periodic 10Q report was published recently. The excerpt below is from page 19 and 20. As you can read the damn construction defect claim is still dragging on. This is the impediment to the Trustee kicking out more distributions. Ugh!
Here’s the link
Construction Defect Claim On April 21, 2025, the initial case management conference scheduled for April 29, 2025 was continued for another 90 days until July 30, 2025.
18The following table summarizes the unresolved claims against the Debtors as they relate to Liquidation Trust Interest (rounded) for the period from April 1, 2025 through May 14, 2025:
Table of Contents PART I. FINANCIAL INFORMATION (CONTINUED) Item 1. Financial Statements (Continued) Woodbridge Liquidation Trust and Subsidiaries Notes to Consolidated Financial Statements For the Three and Nine Months Ended March 31, 2025 and 2024 (Unaudited) (Continued) Causes of Action During the period from April 1, 2025 through May 14, 2025, the Trust recorded approximately $76,000 from the settlement of Causes of Action. Approximately $21,000 of this amount was from the collection of a default judgment which is net of a 30% commission.
The Company recorded approximately $4,000 as the amount due to the Liquidation Trustee on account of such settlements.
Secured Note Receivable On May 13, 2025, the Company received approximately $298,000 representing the payoff of the secured note receivable plus default interest.
Thanks for continuing to update this situation. We moved, and I don’t know who to contact about our change of address. Do you know?Thanks,Kev
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https://woodbridgeliquidationtrust.com/address-change/
Here’s the link for change of address
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