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ARTICLE · 06 MARCH 2014

The Dispute Resolution Review - Cayman Islands

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The Cayman Islands is a British Overseas Territory with an English-style common-law legal system that comprises statute law and binding case precedents.

Cayman IslandsLitigation, Mediation & Arbitration

Article by Aristos Galatopoulos and Luke Stockdale1

I INTRODUCTION TO DISPUTE RESOLUTION FRAMEWORK

The Cayman Islands is a British Overseas Territory with an English-style common-law legal system that comprises statute law and binding case precedents. English case law is highly persuasive in the Cayman Islands in the absence of any Cayman Islands authority. Decisions of other Commonwealth jurisdictions are also persuasive.

The Grand Court of the Cayman Islands (the Grand Court) is the superior court of record of first instance. The caseload of the Grand Court is divided among five divisions.

Commercially significant litigation in the financial services sector is handled by the financial services division (FSD). Every proceeding in the FSD is assigned to one of six highly experienced commercial judges. Hearings by telephone or videolink are permitted and are used regularly.

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