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  • Article

    Kuwait Considers New Insolvency Legislation

    The proposed Law on Bankruptcy (the "Draft Law") is currently being reviewed by the Department of Legal Opinions & Legislation of the State of Kuwait.
    KuwaitInsolvency/Bankruptcy/Re-Structuring
    Al Tamimi & Company
    Al Tamimi & Company
  • Article

    Kuwait Reinstates Debt Imprisonment As An Enforcement Measure

    The Judge-in-Chief of the Enforcement Department may conduct a summary investigation of any imprisonment application filed by the creditor. He may also allow the debtor a grace period not exceeding one month to perform the debt obligation.
    KuwaitInsolvency/Bankruptcy/Re-Structuring
    Meysan Partners
    Meysan Partners

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