1 General
1.1 Prevalence of Arbitration
The Cayman Islands arbitration industry continues to develop
following the introduction of the modern Arbitration Law, 2012
(" Law "). For the time being, it remains mainly domestic
in nature, but the introduction of the Law, combined with support
from the Cayman Islands' strong and highly regarded court
system, should facilitate the industry's development.
1.2 Trends
The recent decision of the Grand Court in BDO Cayman Ltd
concerning Argyle Funds SPC Inc (FSD 163 of 2017, 13 February
2018), in which the court restrained a party from continuing
proceedings commenced in breach of an arbitration agreement,
emphasises the willingness of Cayman Islands courts to accord
primacy to arbitration agreements, and confirms the status of the
Cayman Islands as a pro-arbitration jurisdiction.
