Woodbridge Liquidation Trust settles claims for $5M cash; net proceeds ~$3.3M

Woodbridge Liquidation Trust

Settlement Agreement with Haight Brown & Bonesteel and Ted Handel resolves aiding and abetting claims in Goldberg v. Halloran & Sage case.
Trust to dismiss claims for $5,000,000 cash payment; net proceeds estimated at $3.3M after fees and expenses.
Payment due within 30 days of July 3, 2024 execution; settlement conditioned on court order.
Trustee Michael I. Goldberg signed the 8-K on July 10, 2024.

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