The Court of Justice of the European Union will deliver its ruling in the "Schrems II" case Thursday, Reuters reports. The CJEU's ruling in the case, brought forth by NOYB Founder Max Schrems, will determine whether standard contractual clauses and the EU-U.S. Privacy Shield are still valid. “The court could upend one, two or all global data transfer mechanisms, sending tens of thousands of companies scrambling, or could validate the existing legal order, providing companies around the world the legal certainty they’ve been seeking for decades,” said IAPP Research Director Caitlin Fennessy, CIPP/US. Editor's note: Fennessy, Schrems and Hogan Lovells Partner Eduardo Ustaran, CIPP/E, will break down the decision during a LinkedIn Live event July 17.
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