ALTERNATIVE DISPUTE RESOLUTION MECHANISMS IN CAYMAN ISLANDS

Historically, the Cayman Islands have not been a prominent centre for resolution of disputes by means of alternative dispute resolution mechanisms (“ADR”). However, as business increasingly favor ADR methods to solve legal disputes, the Cayman Islands is adapting to this changing reality by developing a strong system of arbitration and mediation that is fully in accordance with international standards.

The following questions have been addressed in this article:

What are the requirements for arbitration agreements in the Cayman Islands?
How are foreign awards enforced in the Cayman Islands?
What is the Employment Services Centre and what is its role?

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