The Impact of the Schrems II Privacy Decision on U.S. Companies
Created on August 24, 2020
On July 16, 2020, the Court of Justice of the European Union (the highest court in the European Union, unofficially known as the European Court of Justice or ECJ) issued a seismic decision relating to the General Data Protection Regulation (GDPR) and invalidating the EU-U.S. Privacy Shield Framework. The decision affects thousands of U.S. companies and how they do business with their counterparts in the E.U. Specifically, U.S. companies doing business with European Union companies or U.S. multinationals which have branches or divisions in the European Union may need to revisit their data transfer mechanisms to ensure compliance with the GDPR requirements for the transfer of personal information.
This course, led by Abraham J. Perlstein, attorney, and CIPP/US with over twenty years in technology private practice, will discuss privacy law models and legal mechanisms to transfer personal information from one jurisdiction to another. The course will then look at the Schrems II case, its background, the ECJ decision, and the impact on U.S. companies.
- Discuss different global models of Privacy Law
- Identify compliant mechanisms of transferring Personal Information from the EU to the US
- Review the background facts of the Data Protection Commissioner v Facebook Ireland Limited and Maximillian Schrems (Schrems II), and the ECJ decision
- Analyze the impact of the holding on U.S. Companies
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