Kuwait Court of Cassation principle number 3853

Termination of agency upon the bankruptcy of the agent or principal. Exception for the principal's bankruptcy if the agent or another has an interest in its continuation. Article 613 of the Commercial Code. - The ship's agent represents the maritime carrier in actions arising from maritime carriage brought by or against it in the locality in which his headquarters are situated, Article 138 of the Maritime Commercial Law. - The ship's agent's obligation to lodge a cash deposit or bank guarantee. Article 139 of the Maritime Commerce Law.