On January 8, 2025, the second highest court of the European Union (EU), the General Court of the Court of Justice of the EU (the Court), ordered (in Bindl v European Commission, Case T-354/22) the European Commission (EC) to pay EUR 400 in damages to an individual for transferring their personal data to the
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Increased Focus on the Protection of Minors and Age Verification in the EU and the UK
Legislators and regulators across the European Union (EU) and the United Kingdom (UK) are intensifying efforts to enhance the protection of minors online, responding to growing concerns about children’s safety in the digital space. Recent regulations (including the EU Digital Services Act) and guidance impose increasingly strict obligations for providers to restrict access to harmful…
Event Alert Update: Wilson Sonsini’s MCLE Days, January Sessions Announced and December Recordings Available
Wilson Sonsini is pleased to offer MCLE Days, a newly expanded programming to meet your MCLE requirements.
On Friday, January 17, 2025, and Thursday, January 23, 2025, Wilson Sonsini will host virtual MCLE sessions. You may register here for the January 17 session and here for the January 23 session. The topics to be covered…
New Year, New Developments: 2025 U.S. Privacy, Cybersecurity, and Consumer Protection Predictions
With Inauguration Day just around the corner, we are likely to see a host of new legislative and enforcement initiatives at the federal level. The Federal Trade Commission (FTC) will shift certain priorities under incoming Chairman Andrew Ferguson’s direction. And at the state level, legislatures and state attorneys general (state AGs) will continue to be…
ISS and Glass Lewis Publish 2025 Updates
Our recent Client Alert discusses ISS and Glass Lewis voting policy updates for the 2025 proxy season. ISS made updates to the section on management say-on-pay and executive pay evaluation in its U.S. Executive Compensation Policies FAQs and made updates to its voting guidelines relating to environmental and/or community impact assessment shareholder proposals, short-term poison…
EDGAR, Nasdaq, and NYSE Will Be Closed Thursday, January 9, 2025
On December 30, 2024, President Biden issued an Executive Order closing all executive departments and agencies of the federal government on January 9, 2025, in observance of a national day of mourning for former President James Earl Carter, Jr. Following this Executive Order, the U.S. Securities and Exchange Commission announced that the EDGAR filing system…
Wilson Sonsini’s 2024 SV150 Corporate Governance Report Highlighted on Boardroom Governance Podcast
Wilson Sonsini partner and Known Trends Editorial Board member Richard Blake recently joined Evan Epstein on the Boardroom Governance Podcast to discuss Wilson Sonsini’s 2024 Silicon Valley 150 Corporate Governance Report. Richard and Evan talk about some of the findings, including the prevalence of shareholder virtual meetings, board committee structures, ESG disclosures, compensation, shareholder…
EU Privacy Regulators Confirm That Legitimate Interest Is a Valid Legal Basis for AI Model Training and Deployment
On December 18, 2024, the European Data Protection Board (EDPB) published its much-anticipated Opinion on the processing of personal data in the context of AI models in light of the EU General Data Protection Regulation (GDPR).…
EDGAR Will Be Closed Tuesday, December 24, 2024, and Wednesday, December 25, 2024
On December 20, 2024, the U.S. Securities and Exchange Commission announced that the EDGAR system will be closed on both Tuesday, December 24, 2024, and Wednesday, December 25, 2024.[1] As a result, on those days, filings will not be accepted in EDGAR, EDGAR filing websites will not be operational, and EDGAR Filer Support will…
Shaping Consumer Protection: What to Expect from Incoming Chairman Ferguson’s FTC
On December 10, 2024, President-elect Trump named FTC Commissioner Andrew Ferguson as next Chairman of the Federal Trade Commission (FTC), replacing Chair Lina Khan on January 20, 2025. As a Senate-approved sitting Commissioner, he will not need Senate approval to assume the role of Chairman. President-elect Trump also named Mark Meador as a Commissioner to…