The following Arbitration guidance note Produced in partnership with Anna Peccarino of Travers Thorp Alberga Attorneys at Law provides comprehensive and up to date legal information covering:
This Practice Note considers the recognition and enforcement of domestic and foreign arbitral awards in the Cayman Islands.
For a short introduction to the arbitration regime in the Cayman Islands, including the Arbitration Law 2012 (the 2012 Law), see Practice Note: Stay of court proceedings and anti-suit injunctions in support of arbitration in the Cayman Islands—an introduction to the Cayman Islands arbitration regime and also Practice Note: Arbitration in the Cayman Islands—Getting the Deal Through guide.
Note: the judgments of the Cayman Islands courts referred to in this Practice Note are not reported by LexisNexis® UK.
The government of the UK extended the operation of the 1958 New York Convention on the Enforcement of Arbitral Awards (the New York Convention) to the Cayman Islands by way of a notification to the Secretary General of the United Nations, which took effect on 24 February 1981.
The notification contained the reservation that the Cayman Islands would apply the New York Convention only to the recognition and enforcement of arbitral awards made in the territory of another Contracting State. The Foreign Arbitral Awards Enforcement Law (1997 Revision) (the Foreign Awards Law) gives effect to the New York Convention in Cayman.
As a result, the enforcement of awards made in states which are parties to
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