Kuwait Court of Cassation principle number 3919

Receivership is a temporary conservatory measure. Implication. The receiver represents the interested parties in carrying out acts for the preservation of the assets under receivership and the attendant limited acts of disposition ancillary thereto. The receiver alone has standing to perform those acts and litigate concerning them. - 768 - Receivership - Acts of disposition and equivalent acts exceeding the limits of receivership, relating to the substance and constituent elements of those assets, disposing of part thereof, or creating any right in rem over them. The receiver lacks standing to perform them or to bring or defend actions concerning them. Such standing remains with the interested parties unless they agree otherwise or judicial authorization is issued therefor. - Acts of disposition not covered by the receivership judgment. Despite the receivership judgment, the debtor may pay his creditors, and his dispositions are valid unless their purpose is to prejudice creditors' rights, in which case they may be challenged before the courts.