Kuwait Court of Cassation principle number 3455

The subject matter of agency. Its nature. A legal act that may entail the performance of material acts considered ancillary thereto and not constituting an obligation to pay a sum of money. Consequence thereof. No default interest is payable in respect thereof. Rationale therefor: entitlement to interest requires that the subject of the obligation be a sum of money. Permissibility of agreeing in advance therein on the assessment of compensation for breach of the obligation, with the judge having full discretion to assess it and to reduce it to a level commensurate with the assessment of the damage sustained by the creditor. - 583 - Commercial