- Real Estate Asset Liquidation: Since the Plan Effective Date, the Wind-Down Subsidiaries have disposed of approximately 150 properties for aggregate net sales proceeds of approximately $576.80 million. As of June 30, 2025, the Company owned one real estate asset with a net carrying value of approximately $0.24 million.
- Construction Defect Claim: The Development Entity is addressing a construction defect claim related to a single-family home sold for approximately $60 million. The claim involves soils-related damage and other issues. The initial phase of repair is expected to be completed by the first quarter of 2026, with further repairs and monitoring to follow.
- Insurance and Litigation: The Development Entity is pursuing claims against its insurance carriers and other potentially responsible parties related to the construction defect claim. The Company has recognized a loss recovery of approximately $4.10 million from its insurance carriers for initial repair costs.
- Future Outlook: The Company projects a revised estimated completion date for its liquidation activities of approximately February 15, 2027, due to the pending construction defect claim and related litigation. The Trust is unable to make its final distribution to Interestholders until these issues are resolved.
- Operational Focus: The primary focus of the Wind-Down Group is resolving the construction defect claim and related litigation. The Trust’s activities include closing out unresolved Causes of Action and collecting settlement receivables.
The above is from a source that scours 10Qs and create reports; I haven’t spent much time on it, I’ll put the link below for folks to peruse.
Woodbridge Liquidation Trust SEC 10-K Report — TradingView News
Lessons Learned from the Woodbridge Scam 