Woodbridge Group of Companies, LLC

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Case overview

Case Number:

1:17-bk-12560

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

October 12, 2018
Woodbridge Property Investors Take Issue With Ch. 11 Plan

A group of real estate investors objected Thursday to The Woodbridge Group of Companies' Ch.11 liquidation plan in Delaware, claiming creditors are not treated equally and that the plan improperly seeks to eliminate certain secured creditors' claims.
September 17, 2018
Arizona $3.5M Settlement Approved In Woodbridge Ch. 11

The Woodbridge Group of Companies received bankruptcy court approval Monday in Delaware to enter into a consent order with Arizona regulators calling for a $3.5 million restitution payment to investors in that state duped into investing in the company's Ponzi scheme.
August 31, 2018
Woodbridge Fights Trans Worker's Suit Amid Bankruptcy

Woodbridge filed an objection on Thursday to the $14 million wrongful termination claim asserted by a former employee who said she was mistreated for being a transgender woman, saying the claim seeks unreasonable damages and should be subordinated amid the company's Chapter 11 proceedings.
August 14, 2018
Woodbridge Noteholder Group Slams Del. Ch. 11 Disclosures

A group of Woodbridge Group noteholders on Monday urged the Delaware bankruptcy court to reject Woodbridge's Chapter 11 plan disclosures, saying they don't take into account the potentially tens of millions in secured and administrative claims the noteholders say they hold.
August 10, 2018
Woodbridge Creditors Object To Claim Assignment Plan

A group of noteholders of the Woodbridge Group of Companies LLC says the debtor's proposed plan disclosure statement is impermissible because it would seek to solicit creditors with potential class claims relating to a Ponzi scheme run by the debtor to assign those claims to a plan litigation trust.
August 08, 2018
Woodbridge OK'd For $215M In Del. Ch. 11 Noteholder Loans

Acknowledging a possible lack of precedent, a Delaware bankruptcy judge on Wednesday approved procedures for "distressed lending" to alleged Ponzi scheme noteholders trapped in The Woodbridge Group LLC Chapter 11, with up to $215 million in note-backed loans possible.
July 12, 2018
Woodbridge Ponzi Victims Seek $215M Loan Fund

Investors in the alleged Woodbridge Ponzi scheme asked the Delaware bankruptcy court Thursday to allow them to set up a $215 million loan facility to keep some of the noteholders afloat until the company's bankruptcy is resolved.
June 05, 2018
Debt Investors Slam Woodbridge Ch. 11 Anti-Assignment Bid

Buyers of the bankruptcy claims of investors in the Woodbridge Ponzi scheme are asking the Delaware bankruptcy court to reject Woodbridge's attempt to prevent the transfers, saying the noteholders should be allowed to sell.
May 21, 2018
Woodbridge Noteholders Want To File Own Ch. 11 Plan

Investors in the Woodbridge Ponzi scheme have asked the Delaware bankruptcy court overseeing Woodbridge's liquidation to let them propose their own Chapter 11 plan, which they say will address head-on "the $800 million question" of whether they are secured.

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