Kuwait Court of Cassation principle number 1439

The State's purchase of indebtedness pursuant to Law 41 of 1993. Its effect. Its transfer to the State by an assignment of rights effective from the date the Law entered into force, with its characteristics, accessories, and actions affirming the rights, including the right of objection. An example. - The State's right to object to a judgment rendered against the debtor. Article 11 of Law 41 of 1993 concerning indebtedness. Its condition: the judgment must weaken the creditor's general security or affect his financial position. An amendment to the conditions laid down by Article 158 of the Law of Procedure concerning objection by a person outside the proceedings. This relates to the procedures for intervention in proceedings after judgment has been rendered therein. Its immediate application to pending objections pursued by the State after the entry into force of the Indebtedness Law 41 of 1993, even if the judgment was rendered before it entered into force. The reason therefor.