UNITED ~~STATES~~ ~~SECURITIES AND EXCHANGE COMMISSION~~ STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~July 19~~December 17, ~~2005~~ 2009

HECHINGER LIQUIDATION TRUST

HECHINGER LIQUIDATION TRUST
(Exact name of registrant as specified in its charter)


Delaware	000-50160	52-7230151
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)


PO Box 1217, Rockville, MD		20849
(Address of principal executive offices)		(Zip Code)

	(301) 838-4311
(Registrant’s telephone number, including area code)

~~(Exact~~Check ~~name~~the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant asunder ~~specified~~any inof ~~its~~the ~~charter)~~following provisions:

Delaware	000-50160	52-7230151
(State or other jurisdiction of	(Commission File	(I.R.S. Employer
incorporation or organization)	Number)	Identification No.)
405 East Gude Drive, Suite 206, Rockville, MD		20850
(Address of principal executive		(Zip Code)
offices)

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Registrant’s telephone number, including area code: 301-838-4311

ITEM 8.01. Other Events

On December 17, 2009, Hechinger Liquidation Trust (the “Liquidation Trust”) ~~is pursuing an adversary proceeding~~made ~~known~~its asFinal ~~the~~Distribution ~~“Committee~~of ~~Action”~~approximately ~~against Fleet Retail Finance Inc~~$4.8 ~~(“Fleet Retail”)~~million, ~~General Electric~~or ~~Credit Corp~~0.6947% ~~(“GECC”),~~of ~~and~~the ~~others.~~amount of OnGeneral ~~July 19,~~Unsecured ~~2005~~Claims, ~~following~~to ~~oral~~holders ~~argument completed during January 2005, the United States District Court for the District~~ of ~~Delaware~~Beneficial ~~issued a~~Interests. A ~~memorandum~~cumulative ~~opinion~~Distribution ~~and~~of ~~order~~12.6358% ~~on pending summary judgment motions~~ (~~collectively,~~including ~~the~~this ~~“Summary Judgment~~Final ~~Decision”~~Distribution), ~~dismissing~~has ~~the Trust’s claims against Fleet Retail, GECC, and certain other~~been ~~defendants~~paid into ~~the~~Holders ~~Committee~~of ~~Action~~Beneficial Interests.

InPursuant to ~~March 2004,~~the ~~following~~terms aof ~~non-jury~~the ~~trial~~First ~~held~~Amended inConsolidated ~~October 2003,~~Plan ~~the~~of ~~United~~Liquidation ~~States~~for ~~District~~Hechinger ~~Court~~Investment ~~for~~Company ~~the District~~ of Delaware, ~~issued~~Inc. ~~an opinion~~ and ~~order~~affiliates (~~collectively, “~~the ~~Decision~~“Plan”), inand anthe ~~adversary~~Liquidation ~~proceeding~~Trust ~~known~~created aspursuant to the ~~“Bondholder~~terms ~~Action”,~~of ~~which~~the Plan, the Liquidation Trust isterminated ~~pursuing~~on ~~against~~December ~~Fleet Retail and GECC~~17, ~~directing~~2009 ~~the~~because ~~entry~~it ofhas ~~judgment~~fulfilled inthe ~~favor~~purpose of the ~~Fleet~~Liquidation ~~Retail~~Trust ~~and~~by ~~GECC.~~liquidating ~~The Liquidation~~all ~~Trust~~of ~~appealed~~ the ~~Decision~~Trust inAssets ~~April 2004,~~ and distributing the ~~Court~~proceeds of ~~Appeals~~the ~~heard~~liquidation ~~oral~~thereof ~~argument~~ in ~~June 2005.~~accordance ~~The~~with ~~timing of a ruling is unknown.~~the Plan.

~~Pursuant to a stipulation between the Liquidation Trust and Fleet Retail, the Liquidation~~Following ~~Trust~~this ~~had~~Final ~~previously established a Fleet Reserve totaling $11.0 million. The stipulation~~Distribution, ~~filed~~holders ~~as Exhibit 99.4~~ of ~~the~~Beneficial ~~Liquidation~~Interests ~~Trust’s~~have ~~Form 10~~no ~~Filing dated January 28, 2003, contains provisions~~further ~~pursuant~~economic tointerest ~~which Fleet Retail may seek reimbursement of certain legal fees and expenses~~ in the ~~event~~ ~~of certain outcomes in proceedings by the~~ Liquidation Trust ~~against Fleet Retail~~. Accordingly, ~~including~~ the ~~ultimate~~Trust will ~~resolution~~cease ofto ~~the~~be ~~Committee~~a ~~Action~~reporting ~~and~~company under the ~~Bondholder~~Securities ~~Action~~Exchange inAct ~~favor~~ of ~~Fleet Retail.~~ 1934.

In the event the Committee Action and/or the Bondholder Action are ultimately resolved in favor of Fleet Retail (by a final, non-appealable order or settlement approved by the Bankruptcy Court), then Fleet Retail may seek immediate reimbursement of the reasonable legal fees and expenses incurred by Fleet Retail in defense of these Actions, up to the $11.0 million balance of the Fleet Reserve. Such reimbursement cannot be demanded until the appeal period has passed, and is subject to review by the Bankruptcy Court.

The Liquidation Trust is in the process of reviewing the Summary Judgment Decision in the Committee Action, and determining its response thereto. There can be no assurance of the outcome of any action the Liquidation Trust may take to obtain a reversal of the Committee Action Summary Judgment Decision, or of the Liquidation Trust’s appeal from the Bondholder Action Decision.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has ~~duly~~ duly caused this report to be signed on its behalf by the undersigned, ~~thereunto~~ hereunto duly authorized.

	HECHINGER LIQUIDATION TRUST
Date: July 25, 2005	By:	/s/ Conrad F. Hocking
Date: December 18, 2009	By:	/s/ Conrad F. Hocking
	Name:	~~Name:~~Conrad F. Hocking	~~Conrad F. Hocking~~
	Title:	~~Title:~~Liquidation Trustee	~~Liquidation Trustee~~

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