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This Practice Note sets out the available interim and emergency measures in support of arbitration in the British Virgin Islands. These measures are available from both the tribunal and the court. The note also covers the recognition and enforcement of interim measures granted by a tribunal a very important and relevant issue for the BVI.
The Note commences by highlighting the importance of interim measures. It explores arbitrator granted and court ordered measures separately and where relevant highlights the differences in approach. The note concludes with the observation that the interim measures provisions of the Act are relatively clear and user-friendly and that the legislators have plainly applied a light touch to prescribing the manner and circumstances in which such relief would be granted thereby eschewing an overly prescriptive approach.
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This article was originally published on LexisNexis