Sporting Succession: CAS 2020/A/7280-7298 Viktor Gene v. FC Petrolul Ploiesti (ACS Petrolul 52 Ploiesti) & FIFA

Sporting Succession: CAS 2020/A/7280-7298 Viktor Gene v. FC Petrolul Ploiesti (ACS Petrolul 52 Ploiesti) & FIFA
Creditors are expected to be vigilant and take prompt and appropriate legal action to assert their claim. In principle, no disciplinary sanctions can be imposed on a club as a result of succession should a creditor fail to claim their credit in the bankruptcy proceedings of the former club, as there is a theoretical possibility, they could have recovered his credit instead of remaining passive. The assessment of the creditor’s diligence has to be made based on the specific circumstances of the case.

Facts and Procedure

 

Why not join us?

Football Legal is an independent media publishing football law contents on a daily basis dedicated to all football law practitioners (lawyers, clubs, federations, intermediaries, football stakeholders, etc.).

Register today and stay tuned to the latest legal news.

Get started