Binding Corporate Rules

News & Analysis as of

Romanian DPA Approves Use Of BCRs

Yesterday (27 March 2014) the Romanian DPA approved a decision on the use of Binding Corporate Rules (BCRs)....more

Florida Revised Limited Liability Company Act: The Power to Bind the LLC

The new Florida Revised Limited Liability Company Act (the “New Act”) became effective on January 1, 2014 for all limited liability companies (“LLCs”) formed in the State of Florida on or after January 1, 2014. The New Act...more

When a Non-binding Term Sheet Becomes Binding

Tire-kickers, prevaricators and those who might otherwise agree on a term sheet with little intention of closing the deal beware: A “non-binding” term sheet is sometimes binding....more

New Binding Corporate Rules Now Available for Data Processors

In a further push towards “privacy by design,” the Article 29 Working Party, which is made up of representatives from the various EU data protection authorities, has recently approved the use of Binding Corporate Rules...more

Binding Corporate Rules: a global solution for international data transfers

Transfers of personal data outside the European Union are strictly regulated by the European Data Protection Directive. In today's globalized world, it has become increasingly challenging for companies to comply with the...more

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