other material
confidence high
sentiment neutral
materiality 0.80
Woodbridge Liquidation Trust declares $40M cash distribution ($3.44 per interest); warns future distributions limited
Woodbridge Liquidation Trust
- Aggregate cash distribution of $40 million on Class A Liquidation Trust Interests, equating to $3.44 per interest.
- Record date of February 22, 2022; payment on or about March 1, 2022.
- Trustee notes near completion of real estate portfolio liquidation; future distributions will be limited.
- Remaining distributions expected to rely on uncertain litigation recoveries; timing and amount difficult to determine.