WELCOME TO THE WOODBRIDGE UNITHOLDERS’ WEBSITE
This website has been created by the Ad Hoc Group of Woodbridge Unitholders to provide information to holders of Units in the Woodbridge Mortgage Investors Funds and the Woodbridge Commercial Bridge Loan Funds.
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ON JULY 9, 2018, THE WOODBRIDGE GROUP OF COMPANIES LLC AND ITS AFFILIATED DEBTORS FILED A JOINT CHAPTER 11 PLAN OF LIQUIDATION (THE “PLAN”) AND A DISCLOSURE STATEMENT REGARDING THE PLAN. YOU MAY ACCESS THE PLAN AND THE DISCLOSURE STATEMENT ON THE CLAIMS AGENT’S WEBSITE SET FORTH BELOW. PLEASE CLICK ON THE CASE INFORMATION SECTION OF THIS WEBSITE FOR MORE INFORMATION ON THE DISCLOSURE STATEMENT AND THE PLAN PROCESS.
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On December 4, 2017, more than 270 Woodbridge Group entities filed chapter 11 bankruptcy cases in the United States Bankruptcy Court for the District of Delaware. Subsequently, additional affiliates owning real property assets filed chapter 11 cases, and all the Woodbridge chapter 11 cases are being jointly administered under Case No. 17-12560 before Bankruptcy Judge Kevin J. Carey.
The Debtor Companies are being managed in bankruptcy by a new, independent 3-person board of managers (the “New Board”). The Woodbridge debtors have retained the law firms of Klee, Tuchin, Bogdanoff & Stern LLP, Young, Conaway, Stargatt & Taylor LLP and Gibson, Dunn & Crutcher LLP as bankruptcy counsel. The official claims agent in these cases is the Garden City Group, LLC.
The Unitholders’ Group was formed on January 23, 2018 pursuant to a Bankruptcy Court Order (the “Formation Order”). A copy of the Formation Order can be found in the Document section of this website. The official volunteer members of the Unitholders’ Group are Dr. Raymond Blackburn and Dr. Chris Pinney, and the law firm appointed by the Bankruptcy Court to advise the Unitholders’ Group is Venable LLP (Jeffrey S. Sabin, Esq., Andrew J. Currie, Esq. and Jamie L. Edmonson, Esq.).
For the Unitholders’ information and convenience, this website includes links to the Delaware Bankruptcy Court and the Garden City Group’s websites. It also contains important documents that have been filed in the bankruptcy cases, a description of important events that have occurred and issues that have arisen in these cases, including the filing of a the Debtors’ Joint Chapter 11 Plan of Liquidation, frequently asked questions (FAQ’s) about the bankruptcy process, and a secure platform to provide the Unitholders’ Group’s lawyers with your contact information. If you wish to contact Venable LLP, please feel free to send an email by visiting the Contact Venable page of this website.
Fund Bankruptcy Case Numbers: Though these debtor cases are consolidated under one bankruptcy case number for administrative purposes, there may be instances in which Unitholders will need the case number of the individual Fund Debtor in which they purchased their Units. For your convenience, the following is a list of the bankruptcy case numbers for each individual Fund Debtor:
Woodbridge Commercial Bridge Loan Fund 1 LLC 17-12754
Woodbridge Commercial Bridge Loan Fund 2 LLC 17-12758
Woodbridge Mortgage Investment Fund 1 LLC 17-12768
Woodbridge Mortgage Investment Fund 2 LLC 17-12772
Woodbridge Mortgage Investment Fund 3 LLC 17-12776
Woodbridge Mortgage Investment Fund 3A LLC 17-12780
Woodbridge Mortgage Investment Fund 4 LLC. 17-12784
This website is for informational purposes only and does not purport to provide individual legal advice to any Unitholder. Venable LLP represents the Unitholders’ Group in these cases, and neither the Unitholders’ Group nor Venable LLP can provide legal advice to individual Unitholders. You are encouraged to contact your own lawyer and/or financial advisor for individual legal advice concerning these cases.