Woodbridge Liquidation Trust
WBQNL
Other OTC- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Marion W. Fong
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 14140 Ventura Boulevard Glendale CA United States of America 91423
- IPO Date
- May 8, 2020
- CIK
- 0001785494
- Similar Companies
- Business
- Woodbridge Liquidation Trust (WBQNL) is a Delaware statutory trust engaged in the orderly liquidation of assets and liabilities transferred from Woodbridge Group of Companies, LLC and its affiliated debtors following their Chapter 11 bankruptcy proceedings; its core activities encompass prosecuting causes of action such as estate claims and litigation against third parties, litigating and resolving claims filed against the debtors, managing and liquidating real estate assets through its wholly-owned subsidiary Woodbridge Wind-Down Entity LLC and related subsidiaries, paying allowed administrative and priority claims including professional fees, receiving cash from specified sources, and distributing net proceeds to holders of Class A Liquidation Trust Interests after retaining necessary reserves. The Trust, established on the effective date of the confirmed First Amended Joint Chapter 11 Plan of Liquidation on February 15, 2019, is headquartered at 201 North Brand Boulevard, Suite 200, Glendale, California, United States, with the Liquidation Trustee administered by Michael Goldberg under oversight from a Liquidation Trust Supervisory Board. As of fiscal year-end June 30, 2025, the Trust has liquidated nearly all real estate holdings, retaining only one asset valued at $0.24 million, while pursuing four ongoing legal actions to monetize remaining significant assets; on December 3, 2024, it announced and commenced the final distribution of approximately $4.1 million from net sales proceeds of forfeited assets to qualifying victims, as approved by the Supervisory Board on September 19, 2024. Operations face ongoing challenges, including a construction defect claim asserted in August 2023 against a subsidiary by a buyer of a single-family home, leading to the suspension of regular distributions to interestholders; litigation with the primary insurer is stayed until January 29, 2025, for informal resolution, with net assets available to interestholders at $43.2 million and total assets of $63.8 million as of March 31, 2025. The Trust anticipates nearing completion of its liquidation plan, with an expected termination date of March 31, 2026, subject to extension due to unresolved litigation outcomes, and Class A interests trade on OTC Link ATS under the symbol WBQNL.