Cayman Toolkit For Foreign Arbitration

For the first time, in August 2023, the Grand Court decided there is a standalone power to grant interim injunctions in aid of foreign arbitrations. The court's ruling concerned a Chinese arbitration and was made under section 54 of the Arbitration Act 2012 (AA).

Additionally, again in the first published decision of its kind, the Grand Court confirmed earlier in the year that interim arbitration measures issued from New York Convention states were enforceable under Cayman Islands law.

In this article, Carey Olsen Hong Kong partner Jeremy Lightfoot, counsel Kimberley Leng and associate Yi Yang examine these decisions as they may have considerable significance for participants in arbitrations here in Asia.