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EU and US Reach Agreement in Principle on Successor to ‘Safe Harbor’ for Trans-Atlantic Data Transfers

The European Commission announced an agreement in principle on a new framework for data transfers to replace the “Safe Harbor” arrangement that had governed data flows between the United States and Europe for the past 15...more

Financial Services Quarterly Report - Fourth Quarter 2015: The VW Case and the German Act on Model Case Proceedings in Disputes...

Volkswagen AG (VW) has lost more than one-third of its value following the September issuance by the U.S. Environmental Protection Agency (EPA) of a Notice of Violation (NOV) of the Clean Air Act to VW and certain affiliated...more

Data Protection: EU Article 29 Working Party Issues Statement on Invalid EU-US Safe Harbor

We reported in our recent update, that in the Schrems v. Data Protection Commissioner of Ireland decision the Court of Justice to the European Union (“CJEU”) declared Safe Harbor invalid under EU law. We subsequently...more

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