Region: Cayman Islands

A Cayman court has allowed a Chinese conglomerate to pursue an “otherwise unmeritorious” appeal over a US$134 million HKIAC award, finding there was a public interest in dispelling doubt about the regime for service of ex parte orders for enforcement of foreign awards.

02 September 2024

A Cayman court has upheld the enforcement of a HKIAC award worth over US$134 million in favour of French supermarket chain Carrefour in a dispute over the sale of its Chinese stores. 

25 April 2024

The Cayman Islands Court of Appeal has upheld an injunction restraining the enforcement of share charges pending a CIETAC arbitration – affirming there was no requirement to seek interim relief first from the arbitral tribunal or the courts at the seat of the arbitration. 

03 April 2024

A Cayman court has upheld the enforcement of an LCIA award requiring disclosure of records relating to a former Abraaj Group investment fund that holds a US$1.6 billion stake in a Karachi power utility.

09 February 2024

The Privy Council in London has held that a Cayman court petition to wind up the operator of a billion-dollar Chinese convenience store business should be stayed because the matters at the heart of the petition fall within the scope of a Beijing-seated ICC arbitration clause.

21 September 2023

A Hong Kong court has upheld a jurisdictional challenge to an HKIAC award in favour of the daughter of a jailed Chinese pharmaceuticals executive – relying on new evidence that emerged through criminal proceedings over a market manipulation scheme.

31 August 2023

A Cayman court has restrained a Hong Kong-owned education company from enforcing share charges pending a CIETAC proceeding – the first time it has ruled on its standalone power to grant interim measures in aid of foreign arbitrations under the territory’s 2012 arbitration law. 

11 August 2023

Australian disputes funder Omni Bridgeway has asked a US court to enforce an ICC award worth nearly US$15 million against Albania and its national oil company.

26 July 2023

Kuwait’s Agility and France’s Orange have won a Cayman freezing injunction against a prominent Iraqi businessman and military commander in aid of efforts to enforce a US$1.6 billion ICC award.

22 June 2023

The Grand Court of the Cayman Islands has considered for the first time whether a defendant that seeks interlocutory injunctive relief from the court after applying to stay Cayman litigation pending arbitration loses its right to a stay. Julie Engwirda, Paul Smith and Caitlin Murdock of Harneys report.

03 April 2023