Kuwait Court of Cassation principle number 2103

Termination of agency upon the bankruptcy of the agent or principal. Exception for the principal’s bankruptcy where the agent or a third party has an interest in its continuation. Article 613 of the Commercial Law. - The ship’s agent represents the maritime carrier in actions arising from maritime carriage brought by or against it in the locality where his place of business is situated. Article 138 of the Maritime Commerce Law. - The ship’s agent’s obligation to lodge a cash deposit or bank guarantee. Article 139 of the Maritime Commerce Law.