ARLINGTON, Va., Oct. 14, 2015 /PRNewswire-USNewswire/ -- Bloomberg Law and Paul Hastings LLP today announced they will be co-hosting a complimentary live Webinar on Friday, October 16 focused on the practical ramifications and critical next steps for law firms and multinational corporations in the wake of the overturn of the U.S.-EU Safe Harbor Accord. Attendees will hear from corporate privacy leaders on the practical short- and long-term ramifications for companies that have certified under the Safe Harbor Accord or work with vendors that rely on it. Registration for the Webinar, which takes place from Noon to 1:00 p.m. Eastern this Friday, is available here.
Companies that are currently depending on Safe Harbor to transfer data from the EU to the United States will hear from a panel of experts on approaches to minimize compliance and enforcement risks from the fallout of this landmark decision. Confirmed speakers include:
- Hugo Teufel III, Privacy Counsel, Raytheon Company
- Pedro Pavón, Senior Corporate Counsel, Oracle Corporation
- Jim Koenig, Of Counsel, Paul Hastings
- Brian Kudowitz, Bloomberg Law Commercial Product Director, Bloomberg BNA
"Without a legitimate basis to transfer personal data to the U.S., companies that rely on Safe Harbor should make changes to minimize compliance and enforcement risks swiftly," said Jim Koenig. "From putting model contracts in place to considering EU country-by-country leeway, there are several practical approaches that these companies should consider."
"This decision represents yet another major change in the status quo of EU-U.S. data transfer practice," added Brian Kudowitz. "Companies and legal counsel need to take stock of their business operations, data collection, storage, and transfer procedures, and ability to evolve their programs to meet the increasing rigors of oversight and compliance. Technology coupled with expert analysis offers an effective solution to meet these increasing demands."
Webinar registration is available here. Participants are eligible for 1 CLE credit.
About Bloomberg Law
Bloomberg Law is an all-in-one technology platform that helps law firms grow their top line revenue, provide world-class counsel by getting the right answer fast and efficiently, and maintain and increase their profitability. This is done through a combination of proprietary market data, trusted content and legal analysis, and innovative technology—together enabling and accelerating client growth, client excellence, and client profitability.
About Bloomberg BNA
Bloomberg BNA, a wholly owned subsidiary of Bloomberg, is a leading source of legal, regulatory, and business information for professionals. Its network of more than 2,500 reporters, correspondents, and leading practitioners delivers expert analysis, news, practice tools, and guidance — the information that matters most to professionals. Bloomberg BNA's authoritative coverage spans a full range of legal practice areas, including tax & accounting, labor & employment, intellectual property, banking & securities, employee benefits, health care, privacy & data security, human resources, and environment, health & safety.
About Paul Hastings
Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world's top financial institutions and Fortune 500 companies. Our Privacy and Cybersecurity team advises clients on the full spectrum of critical issues, including privacy and security regulation and compliance in digital environments, data breach disclosure requirements, and issues specific to the financial services, direct marketing, and healthcare industries, as well as other cross-border (international) business activities.
SOURCE Bloomberg BNA