Apple Tree Partners says Cayman court order does not affect its US Chapter 11 cases

• A Cayman Islands court order issued July 10 and posted July 13 has not changed control of Apple Tree Partners under US law.
• US Bankruptcy Court has not recognized the Cayman-appointed officeholders; Seth Harrison remains managing director of ATP GP III.
• Delaware Bankruptcy Court retains authority over the Chapter 11 process; management and operations issues are to be decided in due course.
• ATP III GP remains in Chapter 11; the court ordered board or senior management changes at portfolio companies require approval by ATP III GP.
• A funding motion seeks to finance portfolio companies through 2026 to support an exit from Chapter 11.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Apple Tree Partners published the original content used to generate this news brief on July 14, 2026, and is solely responsible for the information contained therein.