Astrea advised long-standing client Continuum Sports (CCC Team, formerly BMC Racing Team), with the Belgian aspects of the sale of its WorldTour License to Belgian ProTeam Circus Wanty Gobert (CWG) and this together with lead US Counsel Reinhart Boerner Van Deuren (Brian G. Carroll and Adam R. Konrad). The Astrea team was lead by partner Steven De Schrijver.
The sale still needs to be ratified by the UCI License Commission in December.
ASTREA acted as lead counsel to the largest media concern in Belgium, DPG Media (owning a.o. the largest broadcasting company in Belgium) in the set-up of an ambitious Joint Venture with Telenet, a listed company (telecom operator, owning, TV platform, affiliate of the Liberty Group).
The purpose of this JV between both champions in their field of business is to build and launch a new streaming/SVOD platform in Belgium in 2020 aiming to become the biggest competitor in Belgium of Netflix.
The transaction included the negotiations of the investment agreement and joint-venture, but also the build-out of the technical streaming platform and the cooperation between the JV and its shareholders through a wholesale agreement, preferred reseller agreement, advertising agreements and content license agreements.
Frédéric Verspreeuwen lead the Astrea team and was responsible for the corporate aspects of the transaction.
Steven De Schrijver was responsible for drafting the video platform agreement, the data sharing agreement, the data processing agreement and the transitional services agreement.
Our Technology and M&A partner Steven De Schrijver is again recognised by Who’s Who Legal in the “Thought Leaders Global Elite – Data 2021” ranking in four different categories:
WWL says : Steven De Schrijver is recognisedfor his “outstanding work on the privacy and protection of personal information” and comes highly sought-after by an array of high-profile clients.
WWL says : Steven De Schrijver is a “pragmatic and extremely responsive lawyer” with unrivalled expertise spanning the full range of IT security matters.
WWL says : The “outstanding” Steven De Schrijver is a “true market leader” who is “highly recommended” for his “exceptional work on information technology law, protection of personal information and privacy, outsourcing and media law”.
WWL says : Steven De Schrijver impresses sources who note he “understands the enterprise problems very well and remains eager to learn new things for the benefit of his customers”.
Congratulations Steven! A well-deserved recognition…
