---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-053511"
form_type: "8-K"
ticker: "WBQNL"
cik: "0001785494"
company_name: "Woodbridge Liquidation Trust"
filed_at: "2023-11-16T23:59:59+00:00"
generated_at: "2026-06-08T01:20:21.708204+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Woodbridge Liquidation Trust settles litigation with Rome McGuigan for $5M, expects ~$3.3M net proceeds

## Summary
- Settlement amount $5M; expected net proceeds to Trust ~$3.313M after legal fees and expenses.
- Resolves claims against Rome McGuigan P.C. and attorney Brian Courtney for aiding and abetting securities fraud and professional negligence.
- Settlement subject to California Superior Court good-faith order; payment due within 30 days after order entered.
- Claims against other defendants in the Actions are not released; no assurance of comparable recoveries.

## SEC filing metadata
- accession: 0001140361-23-053511
- form_type: 8-K
- ticker: WBQNL
- cik: 0001785494
- company_name: Woodbridge Liquidation Trust
- filed_at: 2023-11-16T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785494/000114036123053511/0001140361-23-053511-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785494/000114036123053511/ef20014723_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-053511
- JSON: https://secwatch.observer/filing/0001140361-23-053511.json
- Plain text: https://secwatch.observer/filing/0001140361-23-053511.txt

## Key facts
- Material Agreements
  Woodbridge Liquidation Trust entered into Settlement Agreement and Mutual Release with Rome McGuigan P.C., Mr. Courtney valued at $5,000,000 (effective 2023-11-10).
  - Action: entry
  - Agreement: settlement
  - Counterparty: Rome McGuigan P.C., Mr. Courtney
  - Value: $5,000,000
  - Effective: 2023-11-10
  source text: As of November 10, 2023, Woodbridge Liquidation Trust (the “Trust”) entered into a definitive written agreement to settle its pending litigation against the defendant law firm Rome McGuigan P.C. and attorney Brian Courtney
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785494/000114036123053511/0001140361-23-053511-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.