Judicial principle — Kuwait Court of Cassation

Kuwait Court of Cassation principle number 428

State of Kuwait · Commercial and Labour — Volume 9 · Ministry of Justice — Court of Cassation — Technical Office

English translation of the principle

The bank's liability to its customer for the acts of the foreign correspondent bank undertaking execution of the credit. The condition for its establishment.
Arabic original
مسئولية البنك أمام عميله عن أعمال البنك الأجنبي المراسل الذي يتولى تنفيذ الاعتماد شرط قيامها.
Original Arabic judgment citations

(الطعن ١٥٩/٩٠ تجاري جلسة ١٦/٢/١٩٩٢ مج القسم الثالث - المجلد الثالث ص ٣٧٠)

Source: Court of Cassation legal principles collection — Commercial and Labour — Volume 9 — Ministry of Justice — Court of Cassation — Technical Office. Printed page 87. PDF pages: 87.

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