Woodbridge’s general claims bar date arrived on June 19, 2018 at 5:00 p.m. ET, requiring non-governmental holders of prepetition claims and interests to file proofs of claim or interest, including 503(b)(9) goods claims, unless an exception applied. The bar date notice also set the governmental bar date at 180 days after the applicable debtor’s petition date and gave rejection-damages claimants until the later of 30 days after service of a rejection order or the general bar date.
The filing mattered because Woodbridge’s case involved a broad investor and noteholder claims base: scheduled noteholders and unitholders were carved out from filing in some circumstances, but only if they accepted the scheduled amount and debtor designation. For restructuring professionals, June 19 became the claims pool cutoff that would shape plan negotiations, objections, and recoveries across the Woodbridge debtor entities.
The U.S. Trustee appointed a three-member official committee of unsecured creditors in Woodbridge's Chapter 11 cases, giving unsecured constituencies a fiduciary voice early in the case. The initial committee members are G3 Group LA, Inc., Ronald E. Myrick Sr., and John J. O'Neill, according to the Notice of Appointment of Creditors' Committee.
That matters because committee formation changes the case dynamics immediately: the committee can retain professionals, investigate debtor and insider conduct, participate in financing and plan negotiations, and press creditor-recovery issues from a formal estate-funded platform. For a fraud-heavy retail-investor case like Woodbridge, the composition and activity of the unsecured creditors' committee will be central to monitoring how creditor interests are organized against the debtors and other stakeholders.
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