Kuwait and Saudi Arabia: CLDP to Conduct Judicial Training on Bankruptcy

July 22, 2019 - July 26, 2019

On July 22-26, 2019, CLDP will conduct judicial capacity building programming in New York, NY, for a 15-person delegation from Kuwait and Saudi Arabia. Participant judges will visit federal and New York state courts to view live commercial proceedings and learn best practices in adjudicating complex commercial transactions such as bankruptcy. The delegation will also meet with stakeholders in commercial disputes such as U.S. bankruptcy judges, lawyers for bankruptcy litigants, U.S. trustees, and claims agents. Participants will learn the judge’s role in referring commercial cases to alternative means of dispute resolution such as arbitration and mediation. In recent years, Kuwait and Saudi Arabia have developed new commercial laws including insolvency laws to prepare themselves for transformation to knowledge-based economies that attract foreign investment and encourage innovation and entrepreneurship. For new commercial laws to be implemented effectively and protect U.S. investments in Kuwait and Saudi Arabia, judges from these countries will need to prepare for complex commercial litigation such as bankruptcy.