Woodbridge Liquidation Trust cancels sale of last single-family home in LA after buyer refuses to close

Woodbridge Liquidation Trust

Cancelled agreement to sell last single-family home in Los Angeles, California.
Prospective purchaser refused to proceed to closing.
No material relationship with purchaser other than the transaction.
Home was the last remaining single-family home in the Company's asset portfolio.

item 1.02

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Woodbridge Liquidation Trust terminated a asset purchase (effective 2023-02-20).

Action: termination
Agreement: asset purchase
Effective: 2023-02-20

Exact text from the filing

On February 20, 2023, the registrant, through a wholly-owned subsidiary (collectively with the registrant, the “Company”), cancelled an agreement to sell its real property asset located in Los Angeles, California.

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Woodbridge Liquidation Trust filing history →

Source: SEC EDGAR

accession 0001140361-23-008270

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