Kuwait Court of Cassation principle number 2721

Scope of the contract. Its inclusion of supplementary and interpretative legal provisions. Reason therefor. - The contracting parties’ omission of certain details in reliance on their being provided for by law. Import thereof. The supplementary and interpretative provisions are deemed the presumed will of the contracting parties. - Submission by the applicant for enforcement of the documents specified in Article Four of the New York Convention. It constitutes a rebuttable legal presumption of the validity of the arbitral award. The opposing party against whom this award is invoked must provide evidence rebutting that presumption. Example. - See also: obligation, sale, arbitration, assignment, companies, unforeseen circumstances, suretyship, agency. Payment in foreign currency