14. Are there any recent court decisions in your country concerning the choice of law applicable to an arbitration agreement where no such law has been specified by the Parties? As mentioned at answer 10 above, the Cayman Islands courts would be likely to take the same approach as the English courts namely that in the absence of an express choice of the law to govern the arbitration agreement, it will be governed by the system of law with which it is most closely connected, but if the parties have chosen a seat of arbitration then as a general rule the law applicable is the law of the seat ( see Enka Insat ve Sanayi AS v OOO Insurance Company Chubb [2020] UKSC 38, as recently discussed in UniCredit Bank GmbH v RusChemAlliance LLC [2024] UKSC 30)). 15. How is the law applicable to the substance determined? Is there a specific set of choice of law rules in your country?