Lakatamia Shipping Co Ltd v Nobu Su [2017] CIFsd 26 (27 June 2017)

Lakatamia Shipping Co Ltd v Nobu Su [2017] CIFsd 26 (27 June 2017)

The court held that the foreign judgment was enforceable in the Cayman Islands as it was final, conclusive, and for a definite sum, and that the defendant was shown to have assets within the jurisdiction.

Citation
[2017] CIFsd 26
Parties
Claimant: Lakatamia Shipping Co Ltd; Defendant: Nobu Su
Jurisdiction
Cayman Islands
Judgment Date
27 June 2017
Procedural Posture
Civil / Judgment
Outcome
judgment for claimant
Legal Topics
Enforcement of Foreign Judgments, Shipping Law
Commercial Law Enforcement of Foreign Judgments Shipping Law

Case Brief

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Parties

Lakatamia Shipping Co Ltd

Claimant

Nobu Su

Defendant

Procedural Posture

Civil / Judgment

Legal Issues

  1. 1 Whether a foreign judgment can be enforced in the Cayman Islands
  2. 2 Whether the defendant has assets within the jurisdiction

Ratio Decidendi

The court held that the foreign judgment was enforceable in the Cayman Islands as it was final, conclusive, and for a definite sum, and that the defendant was shown to have assets within the jurisdiction.

Court Disposition

judgment for claimant

Orders

  • Foreign judgment recognized and enforced
  • Defendant ordered to pay the judgment sum