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Equity Bottom-Up

Eagle Hospitality Trust / Equity Bottom-Up

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Post-Mortem of a Rapid Collapse: <a href="https://smartkarma.com/entities/eagle-hospitality-trust">Eagle Hospitality Trust</a> (EHT) is a defunct entity currently undergoing liquidation following a catastrophic failure less than a year after its May 2019 IPO on the Singapore Exchange. Trading was suspended in March 2020, followed by a Chapter 11 bankruptcy filing for its US entities in January 2021.</li>
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Severe Corporate Governance Deficiencies: The trust's failure was precipitated by significant governance lapses, primarily involving its sponsor and master lessee, Urban Commons. These issues included failure to pay rent and security deposits, which led to a default on a US$341 million loan, and undisclosed prejudicial interested person transactions.</li>
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Total Loss of Equity Value: Following the bankruptcy, the trust's assets (a portfolio of 18 US hotels) were sold off. Proceeds from the liquidation were directed primarily to secured creditors, resulting in a near-total loss for equity securityholders. The trust is in the final stages of being wound up and delisted.</li>
</ul>This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.


  
Post-Mortem of a Rapid Collapse: Eagle Hospitality Trust (EHT) is a defunct entity currently undergoing liquidation following a catastrophic failure less than a year after its May 2019 IPO on the Singapore Exchange. Trading was suspended in March 2020, followed by a Chapter 11 bankruptcy filing for its US entities in January 2021.
  
Severe Corporate Governance Deficiencies: The trust's failure was precipitated by significant governance lapses, primarily involving its sponsor and master lessee, Urban Commons. These issues included failure to pay rent and security deposits, which led to a default on a US$341 million loan, and undisclosed prejudicial interested person transactions.
  
Total Loss of Equity Value: Following the bankruptcy, the trust's assets (a portfolio of 18 US hotels) were sold off.  Proceeds from the liquidation were directed primarily to secured creditors, resulting in a near-total loss for equity securityholders. The trust is in the final stages of being wound up and delisted.
This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

Primer: Eagle Hospitality Trust (EAGLEHT SP) - Oct 2025