Caribbean Court of Justice by the CSME are so important and extensive, relating to the establishment of economic enterprises, the provision of professional services, the movement of capital, the acquisition of land for the operation of businesses, that there is a clear need to have a permanent, central, regional institution to authoritatively and definitively pronounce on those rights and corresponding obligations. The Caribbean Court of Justice is intended to be such an authoritative institution." The official inauguration was held in Queen's Hall, Port of Spain, Trinidad and Tobago, on Saturday 16 April 2005. The first case heard by the CCJ was in August 2005
Downtown Port of Spain in the heart of the city, with a late-Victorian fountain and bandstand, trees, benches, and lawns. It has famously been the site of many political rallies over the decades; former Prime Minister Eric Williams gave many public lectures here, dubbing it "the University of Woodford Square", and near the eastern gate is a spot which has become Port of Spain's Speakers' Corner. Two blocks south of Woodford Square is Independence Square (formerly Marine Square), which runs along the breadth of downtown Port of Spain from Wrightson Road to the west to the Roman Catholic Cathedral Basilica of the Immaculate Conception