secwatch.observer — SEC 8-K summary
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Issuer:     Woodbridge Liquidation Trust (WBQNL)
CIK:        0001785494
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0001140361-23-021957
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Woodbridge Liquidation Trust reduces wind-down entity board to one manager; Nevins resigns
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- Board reduced from 2 to 1 manager effective April 29, 2023, upon resignation of Richard Nevins.
- M. Freddie Reiss becomes the sole manager of Woodbridge Wind-Down Entity LLC.
- Manager compensation set at $10,000 per month for April 2023 only; no compensation after April 2023.
- Richard Nevins resigned from the boards of the wind-down entity and its subsidiaries, effective April 29, 2023.
- Third Amendment to LLC Agreement entered on April 28, 2023, governs these changes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785494/000114036123021957/0001140361-23-021957-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785494/000114036123021957/brhc20051807_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-021957

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