Transatlantic data flows face stormy seas: Privacy shield invalidated – standard contractual clauses viable for now.
As many here in the United States slept in the wee hours of this morning, July 16, 2020, the Court of Justice of the European Union (“CJEU”) issued a binding judgment invalidating the European Commission Decision (Commission Decision 2016/1250, the “Privacy Shield Decision”) that authorized the EU-U.S. Privacy Shield arrangement.
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