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Asters Successful for FC Metalist Before Court of Arbitration for Sport in Lausanne

Asters Successful for FC Metalist Before Court of Arbitration for Sport in Lausanne

Ukraine
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Asters, working with Kellerhals Carrard, has successfully represented the interests of FC Metalist LLC, based in Kharkiv, before the Court of Arbitration for Sport in Lausanne in a case concerning the issue of sports succession and a related claim brought by a former player of FC Metalist PJSC, the football club that has been in liquidation since 2017 due to bankruptcy.

According to Asters, it has "successfully challenged the decision of the Federation Internationale de Football Association to recognize FC Metalist LLC as the sporting successor of FC Metalist PJSC. In 2016, the Ukrainian Association of Football revoked the professional status of FC Metalist PJSC. More than five years later, FC Metalist LLC adopted certain distinctive features of the original debtor, including its name, logo, colors, etc."

The court ruled that, among other things, "such a long period of time is the strongest indication against a sporting succession. It also noted that FC Metalist LLC started its professional career at the lowest level, i.e. in the Second Division, while the original debtor played its last matches in the Premier League, which further supported the position that there is no connection between the two football clubs."

The Asters team included Partner Oleksandr Volkov and Associate Veronika Hodlevska.

Asters at a Glance

Founded in 1995, Asters is the largest Ukrainian law firm with offices in Kyiv, Washington D.C., Brussels and London.

The Firm provides efficient transactional legal advice and represents clients on a broad spectrum of matters arising in the course of doing business in Ukraine. Asters has extensive industry-specific experience and plays a leading role in advising clients in various market sectors.

Asters’ 130-strong legal team combines world-class professionalism and quality with clear understanding of local realities so that our clients receive practically oriented advice in the most client-friendly manner. Asters’ lawyers received law degrees from the best European, Ukrainian and US law schools, including Yale, Harvard, Chicago University.

Asters has consistently remained at the top of the Ukrainian legal market throughout its history being acknowledged as Ukraine Law Firm of the Year by Who's Who Legal (2018-2022), The Lawyer European Awards (2020-2021), Chambers Europe Awards 2020 and holds top positions in the most authoritative international market reviews: The Legal 500, Chambers Global and Chambers Europe, IFLR 1000, Who's Who Legal, Best Lawyers.

Firm's website.