secwatch / observer

Woodbridge Liquidation Trust — fact timeline

Source-grounded facts extracted from Woodbridge Liquidation Trust's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

WBQNL Woodbridge Liquidation Trust JSON

Terry R. Goebel resigned as member of the Board at Woodbridge Liquidation Trust.

“On March 5, 2024, the Supervisory Board (the “Board”) of Woodbridge Liquidation Trust accepted the resignation of Terry R. Goebel as a member of the Board.”
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).

“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”
Material Agreements

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).

“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.”
Material Agreements

Woodbridge Liquidation Trust amended Third Amendment to Limited Liability Company Agreement of the Wind-Down Entity (effective 2023-04-28).

“On April 28, 2023, the registrant, as sole member of its subsidiary Woodbridge Wind-Down Entity LLC (the “ Wind-Down Entity ”), entered into a Third Amendment to Limited Liability Company Agreement of the Wind-Down Entity (the “ LLC Agreement Amendment ”).”

Richard Nevins resigned as member of the Board of Managers at Woodbridge Liquidation Trust.

“On April 28, 2023, Richard Nevins tendered his resignation as a member of the Board of Managers and will be resigning as a member of the Board of Managers of the Wind-Down Entity and each of its direct and indirect subsidiaries effective April 29, 2023.”
M&A Transactions

Woodbridge Liquidation Trust completed a disposition involving a private entity for $26,000,000 (closed 2023-03-30).

“On March 30, 2023, the registrant, through a wholly-owned subsidiary (collectively with the registrant, the "Company"), completed the sale of its real property asset located at 638 Siena Road in Los Angeles, California, to a private entity for a cash purchase price of $26,000,000.”
Material Agreements

Woodbridge Liquidation Trust entered into Second Amendment to Limited Liability Company Agreement of the Wind-Down Entity with Woodbridge Wind-Down Entity LLC valued at monthly compensation reduced from $15,000 to $10,000 per manager per month effective April 1, 2023 (effective 2023-03-27).

“On March 27, 2023, the registrant, as sole member of its subsidiary Woodbridge Wind-Down Entity LLC (the “ Wind-Down Entity ”), entered into a Second Amendment to Limited Liability Company Agreement of the Wind-Down Entity (the “ LLC Agreement Amendment ”).”
Material Agreements

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

“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.”
Material Agreements

Woodbridge Liquidation Trust amended First Amendment to Limited Liability Company Agreement of the Wind-Down Entity with Woodbridge Wind-Down Entity LLC (effective 2022-11-30).

“On November 30, 2022, the registrant, as sole member of its subsidiary Woodbridge Wind-Down Entity LLC (the “Wind-Down Entity”), entered into a First Amendment to Limited Liability Company Agreement of the Wind-Down Entity (the “LLC Agreement Amendment”).”

David Mark Kemper II was removed as Chief Investment Officer at Woodbridge Liquidation Trust.

“On November 30, 2022, the WDE Board removed Mr. Kemper as the Wind-Down Entity’s Chief Investment Officer, effective as of December 31, 2022.”

Marion W. Fong was appointed as Chief Executive Officer at Woodbridge Liquidation Trust.

“On November 30, 2022 the WDE Board appointed Marion W. Fong as the Wind-Down Entity’s Chief Executive Officer, effective January 1, 2023.”

Frederick Chin resigned as Chief Executive Officer at Woodbridge Liquidation Trust.

“On November 30, 2022, Frederick Chin gave notice of resignation as Chief Executive Officer of the Wind-Down Entity and notice of termination of his employment under his Part-Time Employment Agreement with the Wind-Down Entity (the “Chin Agreement”), with such resignation and termination of employment to be effective as of December 31, 2022.”

Frederick Chin changed role as Chief Executive Officer at Woodbridge Liquidation Trust.

“the Company has entered into a Part-Time Employment Agreement dated as of September 1, 2022 with its chief executive officer Frederick Chin.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.