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When the Court of Justice of the European Union struck down the EU-U.S. Safe Harbor Framework on October 6, 2015, it threatened to halt all transfers of personal data out of Europe, with significant implications on global trade. After months of negotiation, the EU and the U.S. announced the Privacy Shield, a replacement for Safe Harbor, to secure international data transfers. The following is an excerpt from Gabe Maldoff, CIPP/US, and Omer Tene’s article, written for the Wisconsin International Law Journal, outlining how we got to this point and what it all means for the law of international data transfers.