{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-22-043997","form_type":"8-K","ticker":"WBQNL","cik":"0001785494","company_name":"Woodbridge Liquidation Trust","filed_at":"2022-12-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.109717+00:00","generated_at":"2026-06-21T11:04:18.126018+00:00","sec_items":["1.01","5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Woodbridge Liquidation Trust cuts management costs; CEO resigns, part-time successors named","bullets":["CEO Frederick Chin resigns effective Dec 31, 2022; board reduced from 3 to 2 members.","CFO Marion W. Fong appointed CEO/CFO part-time at $35k/month starting Jan 1, 2023.","COO/CIO David Mark Kemper II becomes part-time COO at $25k/month; CIO position eliminated.","Part-time agreements consolidate functions and reduce costs due to shrunken real estate portfolio.","Fong and Kemper receive retention/wind-down bonuses and accrued vacation payouts on Jan 2, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-22-043997","json":"https://secwatch.observer/filing/0001140361-22-043997.json","markdown":"https://secwatch.observer/filing/0001140361-22-043997.md","text":"https://secwatch.observer/filing/0001140361-22-043997.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785494/000114036122043997/0001140361-22-043997-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785494/000114036122043997/brhc10044810_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T11:04:18.126018+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5a67cbc58f","claim":"Frederick Chin resigned as Chief Executive Officer at Woodbridge Liquidation Trust.","evidence_excerpt":"On November 30, 2022, Frederick Chin gave notice of resignation as Chief Executive Officer of the Wind-Down Entity and notice of termination of his employment under his Part-Time Employment Agreement with the Wind-Down Entity (the “Chin Agreement”), with such resignation and termination of employment to be effective as of December 31, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785494/000114036122043997/0001140361-22-043997-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"6d4b78bff5","claim":"Marion W. Fong was appointed as Chief Executive Officer at Woodbridge Liquidation Trust.","evidence_excerpt":"On November 30, 2022 the WDE Board appointed Marion W. Fong as the Wind-Down Entity’s Chief Executive Officer, effective January 1, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785494/000114036122043997/0001140361-22-043997-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"9e0e4a4d70","claim":"David Mark Kemper II was removed as Chief Investment Officer at Woodbridge Liquidation Trust.","evidence_excerpt":"On November 30, 2022, the WDE Board removed Mr. Kemper as the Wind-Down Entity’s Chief Investment Officer, effective as of December 31, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785494/000114036122043997/0001140361-22-043997-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"removed"},{"label":"Role","value":"Chief Investment Officer"}],"fact_type":"executive_change"},{"claim_id":"762e4e1312fa8b05ac90603e901875b0b2eab671","claim":"Woodbridge Liquidation Trust amended First Amendment to Limited Liability Company Agreement of the Wind-Down Entity with Woodbridge Wind-Down Entity LLC (effective 2022-11-30).","evidence_excerpt":"On November 30, 2022, the registrant, as sole member of its subsidiary Woodbridge Wind-Down Entity LLC (the “Wind-Down Entity”), entered into a First Amendment to Limited Liability Company Agreement of the Wind-Down Entity (the “LLC Agreement Amendment”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785494/000114036122043997/0001140361-22-043997-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"Woodbridge Wind-Down Entity LLC"},{"label":"Effective","value":"2022-11-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}