Cayman court declines Shu'a fund liquidation

The Cayman Islands court rejected a lawsuit brought by limited partners in the "Talasa Investments LP" fund against the general partner "Thalassa Investments GP Limited," which is owned by Shuaa Capital, regarding a request to dissolve the fund and liquidate its assets. The court confirmed that the claims made against the company are unfounded. The company is regulated by the Abu Dhabi Financial Services Regulatory Authority, and the court emphasized its commitment to disclose any relevant updates.

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