Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 983

State of Kuwait · Pleadings — Part One · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

A claim for a brokerage fee for intermediation in the purchase of company shares on deferred payment. A claim arising from the transaction in respect of which the intermediation took place. Jurisdiction to hear it is vested in the arbitration tribunal and thereafter the Office for the Liquidation of Shares Sold on Deferred Payment. This jurisdiction pertains to public policy. The judgment's contravention thereof. An error necessitating its cassation.
Arabic original
المطالبة بأجر سمسرة عن الوساطة في شراء أسهم شركات بالأجل. مطالبة مترتبة على المعاملة التي تمت الوساطة بشأنها. انعقاد الاختصاص بنظرها لهيئة التحكيم ومن بعدها مكتب تصفية الأسهم بالأجل. تعلق هذا الاختصاص بالنظام العام. مخالفة الحكم ذلك. خطأ يوجب تمييزه.
Original Arabic judgment citations

(الطعن ٩٠/١٩٩٠ تجاري جلسة ٢٥/١١/١٩٩٠ مج القسم الثاني المجلد الأول ص ٣٢٤)

Source: Court of Cassation legal principles collection — Pleadings — Part One — Ministry of Justice — Court of Cassation — Technical Office. Printed page 553. PDF pages: 547.

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