WOODBRIDGE LIQUIDATION TRUST

Red flags

• Construction-defect exposure is unquantified and may materially exceed the $7.262 million accrued at June 30, 2026; the $60 million home sale gives context to the claim, not a limit on potential liability.
• FY2026 included $3.27 million of development costs, primarily for the defect claim, and $4.66 million of general and administrative costs; the Trust also accrued $3.84 million of additional costs for the one-year liquidation extension.
• The Company held $56.71 million in cash, cash equivalents and short-term investments, including a $40 million money-market account; deposits at a single institution may exceed the $250,000 FDIC insurance limit.
• Interestholders have no voting rights on Trust decisions, have limited recourse against the Liquidation Trustee, and may receive no proceeds even if the Trust recovers on causes of action.