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Home Business News Woodbridge Liquidation Trust Announces Cash Distribution

Woodbridge Liquidation Trust Announces Cash Distribution


SHERMAN OAKS, Calif.–()–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 $30,000,000 on the Trust’s Class A Liquidation Trust Interests (the “Class A Interests”). This amount includes a reserve of approximately $469,000 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 $2.56 per Class A Interest, and will be…



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