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BREAKING: Long Beach takes control of Queen Mary in bankruptcy court • Long Beach Post News

The Long Beach City Council on Tuesday will consider the immediate authorization of $500,000 in Tidelands Critical Infrastructure funds to begin work on safety and stability. ....

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Bankrupt Queen Mary operator left more than $20 million in urgently needed repairs, court filing says • Long Beach Post News

A former Queen Mary operator neglected the ship and failed to perform more than $20 million in critical repair work, resulting in “significant issues and damage” to the historic vessel before the operator filed for bankruptcy, the city of Long Beach alleges in a recent court filing.
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The city filed legal action last week as part of ongoing bankruptcy hearings for current Queen Mary operator Eagle Hospitality Trust, which filed for Chapter 11 bankruptcy in January. The ship’s lease is set to go to auction in May.
Former operator Urban Commons, which signed a 66-year lease to run the city-owned ship in 2016, created Eagle Hospitality Trust to list on the Singapore Stock Exchange in 2019. Eagle Hospitality took over as the ship’s operator last year after Urban Commons suffered a string of financial problems. However, Urban Commons’ limited liability corporation, Urban Commons Queensway, remains liable to the city under the lease agreement. ....

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