Cayman court orders Apple Tree Partners to lose control of its venture fund
read at Endpoints ↗Neutral
A Cayman Islands court ruled that Apple Tree Partners' general partner must give up control of its venture fund.
The decision follows a dispute with the fund's main limited partner, and the judge in the Grand Court issued the ruling on Friday.
The loss adds to the challenges facing the embattled firm, which has been dealing with legal and operational issues.
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This writeup was produced by pharmadog from original reporting by Endpoints.
Original headline: “Cayman court says Apple Tree general partner should lose control of venture fund”
read at Endpoints ↗84 words · retrieved Jul 13
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