UNITED STATES SECURITIES AND EXCHANGE COMMISSION ~~Washington, D.C. 20549~~

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): ~~March~~July 2819, ~~2004~~2005

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

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

(Exact name of registrant as specified in its charter)

1801 McCormick Drive, Largo, MD	20774
Delaware	000-50160	52-7230151
(Address of principal	(Zip Code)
(State or other jurisdiction of	(Commission File	(I.R.S. Employer
executive offices)
incorporation or organization)	Number)	Identification No.)
405 East Gude Drive, Suite 206, Rockville, MD		20850
(Address of principal executive		(Zip Code)
offices)

Registrant’s telephone number, including area code: (301~~) 883~~-~~4501~~838-4311

ITEM 58.01. Other Events ~~and Regulation FD Disclosure~~

Hechinger Liquidation Trust (the “Liquidation Trust”) is pursuing an adversary proceeding known as the “Committee Action” against Fleet Retail Finance Inc. (“Fleet Retail”), General Electric Credit Corp. (“GECC”), and others. On ~~March~~July 2819, ~~2004~~2005, following aoral ~~non-jury~~argument ~~trial~~completed during ~~held in October~~January ~~2003~~2005, the United States District Court for the District of Delaware issued ana memorandum opinion and order ~~(collectively,~~on ~~“the~~pending ~~Decision”)~~summary injudgment anmotions ~~adversary~~(collectively, ~~proceeding known as~~ the “~~Bondholder~~Summary Judgment ~~Action~~Decision”), ~~which~~dismissing ~~Hechinger Liquidation Trust (~~the ~~“Liquidation~~ Trust”)’s isclaims ~~pursuing~~ against Fleet Retail, ~~Finance Inc. (“Fleet Retail”) and General Electric Credit Corporation (“~~GECC”), ~~directing~~and ~~the~~certain ~~entry~~other defendants ~~of judgment~~ in ~~favor~~ ofthe ~~Fleet~~Committee ~~Retail and GECC~~Action.

~~Pursuant~~In toMarch 2004, following a ~~stipulation~~non-jury ~~between~~trial ~~the~~held ~~Liquidation~~in ~~Trust~~October 2003, ~~and~~the ~~Fleet~~United ~~Retail,~~States District ~~the~~Court ~~Liquidation~~for ~~Trust~~the ~~had~~District ~~previously~~of ~~established~~Delaware aissued ~~Fleet~~an ~~Reserve~~opinion ~~totaling~~and ~~$11.0 million.~~order ~~The stipulation~~(collectively, ~~filed~~“the asDecision”) ~~Exhibit 99.4~~in ofan adversary ~~the~~proceeding ~~Liquidation~~known ~~Trust’s~~as ~~Form 10~~the ~~Filing~~“Bondholder ~~dated January 28~~Action”, ~~2003,~~which ~~contains~~the ~~provisions~~Trust ~~pursuant~~is topursuing ~~which~~against Fleet Retail ~~may~~and ~~seek~~GECC, ~~reimbursement~~directing ofthe ~~certain~~entry ~~legal~~of ~~fees~~judgment ~~and expenses~~ in ~~the~~favor ~~event~~ of ~~certain~~Fleet ~~outcomes~~Retail inand ~~proceedings~~GECC. ~~by the~~ The Liquidation Trust ~~against~~appealed ~~Fleet Retail~~the Decision in April 2004, ~~including~~and the ~~ultimate~~Court ~~resolution~~ of ~~the~~Appeals ~~Bondholder~~heard ~~Action~~oral argument in ~~favor~~June 2005. The timing of ~~Fleet~~ ~~Retail~~a ruling is unknown.

InPursuant ~~the~~to ~~event~~a ~~the~~stipulation ~~Bondholder~~between ~~Action~~the isLiquidation ~~ultimately~~Trust ~~resolved~~and inFleet ~~favor~~Retail, ofthe Liquidation ~~Fleet~~Trust ~~Retail~~had ~~(by~~previously established a ~~final,~~Fleet ~~non-appealable~~Reserve ~~order~~totaling or$11.0 million. ~~settlement~~The ~~approved~~stipulation, byfiled ~~the~~as ~~Bankruptcy~~Exhibit 99.4 ~~Court)~~of the Liquidation Trust’s Form 10 Filing dated January 28, ~~then~~2003, contains provisions pursuant to which Fleet Retail may seek ~~immediate~~ reimbursement of ~~the reasonable~~certain legal fees and expenses ~~incurred by Fleet Retail~~ in ~~defense~~the event of ~~the Bondholder~~certain ~~Action,~~outcomes upin toproceedings by the ~~$11.0 million~~Liquidation ~~balance~~Trust ofagainst ~~the~~ Fleet ~~Reserve.~~Retail, ~~Such~~including ~~reimbursement~~the ~~cannot~~ultimate beresolution ~~demanded~~of ~~until~~ the ~~appeal~~Committee ~~period~~Action ~~has passed,~~ and ~~is subject~~the toBondholder ~~review~~Action byin ~~the~~favor ~~Bankruptcy~~of ~~Court~~Fleet Retail.

~~The~~In ~~Liquidation~~the ~~Trust~~event isthe inCommittee Action and/or the ~~process~~Bondholder ofAction ~~reviewing~~are ~~the~~ultimately ~~Decision,~~resolved ~~and~~in ~~determining~~favor ~~its~~of ~~response~~Fleet ~~thereto~~Retail (by a final, ~~including~~non-appealable ~~potentially~~order ~~filing~~or ansettlement ~~appeal.~~approved by the Bankruptcy ~~There~~Court), ~~can~~then beFleet noRetail ~~assurance~~may seek immediate reimbursement of the ~~outcome~~reasonable legal fees and expenses incurred by Fleet Retail in defense of ~~any~~these ~~action~~Actions, up to the ~~Liquidation~~$11.0 million ~~Trust~~balance of ~~may~~the ~~take~~Fleet toReserve. ~~obtain~~Such areimbursement ~~reversal~~cannot ofbe demanded until the ~~Decision~~appeal period has passed, and is subject to review by the Bankruptcy Court.

~~SIGNATURES~~ 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.

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

~~HECHINGER~~ Pursuant ~~LIQUIDATION~~to ~~TRUST~~the ~~Date:~~requirements ~~April~~of 6the Securities Exchange Act of 1934, ~~2004~~the ~~By:~~registrant ~~/s/~~has ~~Conrad~~duly caused F.this ~~Hocking~~report ~~Name:~~to ~~Conrad~~be F.signed ~~Hocking~~on ~~Title:~~its ~~Liquidation~~behalf ~~Trustee~~by the undersigned, thereunto duly authorized.


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

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