Kuwait Court of Cassation principle number 1886

The general rule is that the binding authority of judgments is relative. A judgment declaring bankruptcy, however, has absolute binding authority, both as regards persons, producing its effects against all creditors, even those who were not parties to the bankruptcy action, and as regards assets, encompassing all the bankrupt's assets, whether connected with his trade or not, present or future. - A judgment declaring bankruptcy. Effect thereof: the judgment must be publicized in the commercial register, and the bankruptcy administrator must publish its summary in the Official Gazette and register the summary in the name of the body of creditors at the commercial registry office. Article 569/2, 1 of the Commercial Code. - See also: Shares. Conservatory measures