Check your mail box late this week … for money.
Woodbridge Liquidation Trust (the “Trust”) has declared an aggregate cash distribution of $30,000,000 on the Trust’s Class A Liquidation Trust Interests (the “Class A Interests”). This amount includes a reserve of approximately $469,000 for the issuance of additional Class A Interests based on estimated bankruptcy claims.
The distribution amounts to $2.56 per Class A Interest, and will be paid on or about November 6, 2020 to holders of record of Class A Interests as of close of business on Friday, October 30, 2020.
Regarding the distribution, the Trust’s Liquidation Trustee Michael Goldberg said, “I am pleased to be able to announce this additional interim distribution to our holders. We continue to anticipate making additional distributions in the future from time to time.”
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source https://gregandersonlessonslearned.me/2020/11/02/4th-distribution-of-2020/
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