Legal 500 yearly lists the leading law firms from around the world. This legal directory uses input from participating law firms, feedback from clients and peer reviews to select the most outstanding lawyers and law firms by specialty and by region.
Astrea is delighted to be listed again in Legal 500 (Edition 2017) with several honourable and some new rankings.
This recognition for the quality of our services stimulates us to continue further improving our services together with our clients.
The team of Dieter Veestraeten is ranked for the first time in its practice area Banking, Finance and Capital Markets in Band 4. Legal 500 writes: ‘diligent and responsive’ team mainly represents borrowers in their banking and finance needs, but also assists financial institutions. Practice head Dieter Veestraeten is recommended.
The teams of Louis Verstraeten and Marc Van Looveren are also ranked for the first time in their practice area Insolvency and Restructuring in Band 3. Legal 500 writes: Astrea’s team, which includes Louis Verstraeten and Marc Van Looveren, handles domestic judicial reorganisation proceedings for Belgian SME’s, and cross-border or group insolvencies for multinational companies. The firm also acts for creditors and foreign insolvency administrators. The team represented BHP Billiton in a landmark case concerning the effects of a foreign insolvency on assets which are attached in Belgium.
The teams of Frédéric Verspreeuwen and Steven De Schrijver maintained their ranking in their practice area Commercial, Corporate and M&A in Band 5. Legal 500 writes: ‘very accessible’ team of corporate attorneys routinely advise multinational companies, start-ups, venture capital investors and private equity firms. Recent work includes advising Belgian brewery Martens on a transaction with Unibra and Far Eastern Corporation. Frédéric Verspreeuwen and Steven De Schrijver are practice co-heads.
The teams of Steven De Schrijver and Pieter Paepe maintained their ranking in their practice area IT and Telecoms in Band 4. Legal 500 writes: Astrea’s lawyers are ‘responsive, sophisticated and strategic in their approach’. The team has specialist expertise in ICD and online gaming, handling technology transactions and advising on data privacy and outsourcing issues. Microsoft and Invenso are key clients. Steven De Schrijver ‘has been active in the IT industry for many years’. Pieter Paepe was appointed as junior partner.
Finally, the teams of Marc Van Looveren and Louis Verstraeten are ranked in their practice area Transport (which now assembles both Shipping and Aviation) in Band 2. Legal 500 writes: Astrea shows ‘permanent excellence’ in shipping and transport law, ‘especially in contentious matters’. Maritime transport and logistics mandates – including cargo claims litigation, cargo and marine insurance cases and charterparty disputes – make up the bulk of the work. The firm advised the Belgian federal government on the collision between two vessels: the Flinterstar and the LNG carrier, Al Oraiq. The ‘approachable’ Ruud De Houwer is ‘someone to watch’, and the ‘quick and efficient’ Marc Van Looveren ‘never gives up’. Louis Verstraeten is also recommended.