I haven't found much on the progress "our" listings have had in the Los Angeles area. I'm writing this to solicit input from others out there who are tracking listings, and the 'under contract' updates (in California they refer to this as 'in escrow'). Does anyone have updates to pass on? Thanks for the help.
IRS form 4684
I amazed myself that I was able to get one of the attorneys for the Woodbridge trust to respond to my question this morning, on the timing of the IRS forms going out (so folks can file their taxes for 2020). Good news is those forms optimistically will be in the mail to us a … Continue reading IRS form 4684
Distribution is Here
Just a quick note ... looks like the June 15th distribution was out prompt. I'm seeing several folks post in that their checks arrived. Stay cool. Here's to the next distribution!
Zoom
The Zoom update with the bankruptcy court (in Delaware) was very brief this a.m. Mostly the judge just checking in to see if there were any hang ups or big problems. About the only thing I learned was that several of the properties are still in the construction phase and not ready to list for … Continue reading Zoom
June 15th – First Woody Check
Woodbridge Liquidation Trust Announces Cash Distribution SHERMAN OAKS, California—May 14, 2021—Woodbridge Liquidation Trust (the “Trust”) announcedthat its Liquidation Trustee has declared a cash distribution of approximately $30,000,000 on the Trust’s Class A Liquidation Trust Interests (the “Class A Interests”). The distribution amounts to $2.58 per Class A Interest, and will be paid on or about … Continue reading June 15th – First Woody Check
1471 Forrest Knoll Dr.
I'm trying to pull together a survey of properties listed by the Trustee that are yet to sell. The link below is for Forrest Knoll in LA, listed for $28.5 million I also heard directly from a realtor at this same brokerage company that the Trustee should be listing two more with them "any day" … Continue reading 1471 Forrest Knoll Dr.
You don’t Call, You don’t Write …
As of tomorrow it will have been 3 months since the last communication by the Trustee's office. My attempts to chisel out some clues on pending sales have been fruitless. I'll keep my ear to the ground; comment back please if you are finding some realtor listings or other public clues on the real estate … Continue reading You don’t Call, You don’t Write …
March 31st
Our first distribution was back on March 31st 2019; I have nothing new to report really just had an expectation the trustee would post news of the next distribution by yesterday as part of a pattern. I'm checking on some sources to get any updates and will report when I have something.
RE: share price ‘adjustment’
In put on how but not why the share price was dramatically lowered
Share Price ‘adjustment’
I haven't been able to get any answers, math, explanations, etc., etc. on the share price adjustment that came down from our custodians in the last 10 days. As of today the most recent notice on the Trustee website is the Feb 4th notice - telling us not to file your income tax in April … Continue reading Share Price ‘adjustment’
