Draft law on hand to enshrine “out of court settlements” — Min.

KUWAIT, May 10 (KUNA) — Minister of Justice, Awqaf and Islamic Affairs Yacoub Al-Sanea said his ministry is working on a draft law enshrining the idea of out of court settlements in civil and commercial lawsuits.
Speaking at the opening of the third annual conference on issues of the law organized by the Kuwait International Law College, the minister said the conference will deal over a two-day period with, among other things, corporate governance and Islamic funding, both of which are closely associated with corporate investment activities.
Experts in law and economics will proffer their research papers and ideas dealing with the theme of the conference Globalization and Organizing Capital Markets, said the minister.
Dean of the Kuwait International Law College, Dr. Mohammad Al-Moqatea, indicated at today’s opening of the conference that it provides a platform for discussing scientific papers, among this year’s collection of papers dealing with the nexus between the law and economic issues.
He said up to 80 researchers and experts from 14 universities and countries are participating in this year’s conference, noting that Kuwait International Law College has a staff of 85 teachers and a student body reaching 1,600 students. (end) fnk.ajs

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