POPA Recon3AC Liquidators Sue Zhu Su's Wife Over $40M Villa
3AC Liquidators Sue Zhu Su's Wife Over $40M Villa Liquidators for collapsed hedge fund Three Arrows Capital are suing Evelyn Tao, wife of co-founder Zhu Su, to recover $40M tied to a Dubai villa. The claim: Zhu bought the villa with a $50M loan from the firm, then transferred it to Tao without payment. The liquidators now want the $40M in sale proceeds returned. It is the latest of many moves to recover assets lost in 3AC's 2022 collapse. 👉 businesstimes.com.sg/companies-markets/capital-markets-currencies/three-arrows-going-after-founder-zhu-sus-wife-us40-million-dubai-property-sale
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