{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-038151","form_type":"8-K","ticker":"WBQNL","cik":"0001785494","company_name":"Woodbridge Liquidation Trust","filed_at":"2023-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.234840+00:00","generated_at":"2026-06-12T04:36:52.451176+00:00","sec_items":["1.01","8.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Woodbridge Liquidation Trust settles litigation for $25.5M; suspends distributions due to construction defect claim","bullets":["Settlement with Davis Graham & Stubbs LLP and S. Lee Terry Jr. for $25.5M; net to Trust ~$17M after legal fees.","Settlement requires California Superior Court good-faith order; payment due within 30 days of order.","Indirect subsidiary notified of construction defect claim on a single-family home sold; tendered to insurer.","Trust Supervisory Board suspends further distributions pending outcome of construction defect investigation.","Settlement does not release other defendants; no assurance of comparable recoveries from remaining claims."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-038151","json":"https://secwatch.observer/filing/0001140361-23-038151.json","markdown":"https://secwatch.observer/filing/0001140361-23-038151.md","text":"https://secwatch.observer/filing/0001140361-23-038151.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1785494/000114036123038151/0001140361-23-038151-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1785494/000114036123038151/brhc20056920_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T04:36:52.451176+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":"a546288d3e3d519ab8cea16719cdc25e29a892b4","claim":"Woodbridge Liquidation Trust entered into Settlement Agreement with Davis Graham & Stubbs LLP, S. Lee Terry, Jr. valued at $25,500,000 settlement; net proceeds to Trust approx. $17,000,000 (effective 2023-08-01).","evidence_excerpt":"settlement are contained in a settlement agreement among Davis Graham & Stubbs LLP, Mr. Terry, and Michael Goldberg as Liquidation Trustee on behalf of the Trust.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1785494/000114036123038151/0001140361-23-038151-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"Davis Graham & Stubbs LLP, S. Lee Terry, Jr."},{"label":"Value","value":"$25,500,000 settlement; net proceeds to Trust approx. $17,000,000"},{"label":"Effective","value":"2023-08-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}