CAYMAN ISLANDS Law and Practice Contributed by: Guy Manning, Harry Shaw and Shaun Tracey, Campbells
judgment of Asif J dated 5 February 2026), the Grand Court confirmed that where a winding-up petition is stayed in favour of arbitration, the petition remains on foot and the court retains jurisdiction to grant interim statutory relief, including the appointment of provi - sional liquidators, where the statutory requirements are satisfied. However, the court emphasised that any such appointment should be carefully controlled so as not to trespass on matters reserved to the arbitral tribunal, and that powers should be limited to what is necessary, such as preserving assets and documents rather than duplicating the arbitration process.
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