---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-21-028049"
form_type: "8-K"
ticker: "WBQNL"
cik: "0001785494"
company_name: "Woodbridge Liquidation Trust"
filed_at: "2021-08-12T23:59:59+00:00"
generated_at: "2026-06-29T13:37:01.449063+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Woodbridge Liquidation Trust settles litigation with Comerica Bank for $54.5 million

## Summary
- Comerica Bank to pay $54.2M to settle California class action and $300K to settle Delaware adversary proceeding.
- Trust is the largest class member with ~60.9% of claims; expects ~60.9% of net class consideration.
- Settlement requires court approval; payment and distribution expected by Q1 2022 but subject to appeals and opt-outs.
- Comerica may terminate settlement if opt-outs exceed an agreed threshold of claims.

## SEC filing metadata
- accession: 0001140361-21-028049
- form_type: 8-K
- ticker: WBQNL
- cik: 0001785494
- company_name: Woodbridge Liquidation Trust
- filed_at: 2021-08-12T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785494/000114036121028049/0001140361-21-028049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785494/000114036121028049/brhc10027667_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-21-028049
- JSON: https://secwatch.observer/filing/0001140361-21-028049.json
- Plain text: https://secwatch.observer/filing/0001140361-21-028049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.