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A SMOOTH REORGANISATION

THE PROBLEM

One of Astrea’s clients in the insurance sector decided to reorganise its distribution network. Some distributors had to be given notice of termination, then new contracts had to be drawn up and implemented.

THE SOLUTION

Astrea arranged the legal implementation of all of the insurance company’s financial decisions. In doing so, it also outlined the company’s revised distribution model and drafted contracts with the distributors setting out the new structure.

Astrea moreover advised and represented the client in the legal proceedings associated with the notice of termination given to certain distributors. All aspects of the Belgian Commercial Agency Act [Wet op Handelsagentuur] came up for extensive discussion in this regard.

THE PROBLEM

One of Astrea’s clients in the insurance sector decided to reorganise its distribution network. Some distributors had to be given notice of termination, then new contracts had to be drawn up and implemented.

THE SOLUTION

Astrea arranged the legal implementation of all of the insurance company’s financial decisions. In doing so, it also outlined the company’s revised distribution model and drafted contracts with the distributors setting out the new structure.

Astrea moreover advised and represented the client in the legal proceedings associated with the notice of termination given to certain distributors. All aspects of the Belgian Commercial Agency Act [Wet op Handelsagentuur] came up for extensive discussion in this regard.