PRESS RELEASE – The local business community as well as consumers, can look forward to having their business disputes settled in a timely manner as a result of the appointment of High Court Judge Mrs. Cadie St. Rose-Albertini who will preside over such matters effective July 1st for the next three years.
The appointment of the high court judge is regarded as a significant milestone towards the implementation of ‘a forum to resolve business disputes quickly, effectively and fairly in order to attract investment and promote private sector growth’ as identified by the Prime Minister in the 2013/2014 budget.
In 2014, the Technical Secretariat of the National Competitiveness and Productivity Council (NCPC) and the Ministry of Legal Affairs, with support from Compete Caribbean embarked on the design of the Commercial Division to the High Court based on the experiences of a similar court in the British Virgin Islands which has been internationally recognized as a good model. The design is now complete and the NCPC as well as the Ministry is in the process of taking the necessary steps to establish the Division.
The new Division, which is anticipated to formally open before the end of the year, is expected to increase the efficiency of the legal system to settle commercial matters, including commercial contract disputes.
Compete Caribbean is supporting the implementation of the Division, including providing technical support for the revision of the Civil Code, Insolvency Act and other changes required to the legislative framework. It will also assist in equipping the court over the upcoming months.