A just-released financial audit revealing how Queen Mary operator Joe Prevratil used a shell game-style financial structure to enrich himself by nearly $8 million while driving Long Beach’s city icon into bankruptcy basically backs up and amplifies a story reported by The District Weekly last July.
Howard M. Ehrenberg, the court-appointed trustee for the Queen Mary during bankruptcy—who is currently opposing [...]

The District has learned that Joseph Prevratil and Howard Bell, former kingpins of the Queen Mary who got rich while sinking Long Beach’s floating icon into bankruptcy, are expected to relinquish their million-dollar condo in Hawaii to settle a lawsuit filed against them in February by the Queen Mary’s bankruptcy trustee Howard Ehrenberg and the [...]

The Queen Mary’s bankruptcy trustee agreed today to pay AAC Shoreline $1.15 million to settle that company’s last-minute legal claim against former leaseholder QSDI, tentatively removing a stay by the ninth circuit court that had held up the final sale of the ship’s lease for more than a week, The District has learned.
“We’re pleased to [...]