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Live Webinar

90-minute live streaming program
  • February 26
  • 1:00 - 2:30 pm EST

Influence of EU GDPR and New California Privacy Law

February 26

Violations of the GDPR and CCPA can result in serious liabilities.

The EU’s General Data Protection Regulation (GDPR) and California’s Consumer Privacy Act (CCPA) impose new data privacy obligations and restrictions, at times with extra-territorial scope. Violations of these laws can result in serious liability for U.S. companies even after a merger or acquisition has occurred. Even so, many U.S. companies have not come into full compliance with the GDPR an CCPA, which can result in new liabilities and risks during M&A deals. This topic helps the persons involved on buyer and seller sides of M&As understand the applicability of the GDPR and CCPA to U.S. companies and how to incorporate data privacy compliance into M&A preparation and due diligence. The material also explains how data privacy risks can be addressed in relevant M&A documentation and post-deal integration and system management. As data privacy regulators enforce these new laws and individuals become more familiar with their new data privacy rights, this information is critical for businesses to ensure that their M&A processes protect parties from inadvertent noncompliance.

Learning Objectives

  • You will be able to describe the GDPR and CCPA obligations and restrictions that are most likely to pose issues during mergers and acquisitions.
  • You will be able to identify identify risk areas for on the buyer and seller side of a deal and describe how those risks could be addressed before, during, and after a deal.
  • You will be able to recognize when a company may be subject to the GDPR or CCPA.
  • You will be able to explain the types of transitional services and processes that will be needed to preserve relevant data privacy documentation and controls for post-deal compliance purposes.

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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Overview: Influence of EU GDPR and New California Privacy Law
  • Data Privacy in Manda Deals
Overview of GDPR and CCPA
  • GDPR
    • Extraterritorial Scope
    • Liability
    • Lawful Basis for Processing
    • Privacy by Design
    • Data Subject Rights
    • Breach
  • CCPA
    • Scope
    • Liability
    • Consumer Rights
    • Consent
    • Data Protection
    • Breach
Early Stage Activities
  • Data Privacy Review (Sell-Side Perspective)
    • Identify Applicability of GDPR and CCPA
    • Data Mapping
    • Identify Gaps and Deficiencies
  • Due Diligence (Buy-Side Perspective)
    • Designate Party to Audit Data Privacy Practices
    • Review Data Mapping
    • PreExisting Liability and Breaches
Identifying Key Risks
  • Privacy by Design (Systemic Issues)
  • Data Transfers
  • Integrating Data Systems
  • Deficient Compliance Procedures
  • Breaches
  • Unlawfully Processed or Sold Data
Representations, Warranties, Indemnities
  • Reps and Warranties
  • Indemnities
  • Data Privacy Provisions
Ancillary Documents
  • Privacy Notices
  • Consent Records
  • Processing Records
Post-Deal Considerations
  • Updating Data Subjects
  • Transitional Services (Integrating Data Systems)
  • Managing On-Going Use of Databases
  • Preserving On-Going Controls
  • Updating/Improving Procedures and Controls
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

Live Webinar Registration

  • AL CLE 1.5
     
  • This course or a portion thereof has been approved by the Alabama State Mandatory Continuing Legal Education Commission for a maximum of 1.5 hours credit.
     
  • AR CLE 1.5
     
  • This course has been approved for 1.5 hours of CLE by the Arkansas CLE Board.
     
  • Arizona CLE 1.5
     
  • The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. This activity may qualify for up to 1.5 hours toward your annual CLE requirement for the State Bar of Arizona.
     
  • CA MCLE 1.5
     
  • Lorman Business Center, Inc. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
     
  • CT CLE 1.5
     
  • Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.5 CLE credit(s).
     
  • HI CLE 1.5
     
  • This program was approved by the Hawaii State Board of Continuing Legal Education for 1.5 CLE credit hours.
     
  • IL CLE 1.5
     
  • This course was approved for a total of 1.5 hours of MCLE Credit by the Illinois MCLE Board.
     
  • ME CLE 1.5
     
  • This course has been approved by the State of Maine Board of Overseers of the Bar. Lawyers who complete this course shall receive 1.5 hours of CLE credit under M. Bar R. 12.
     
  • MT CLE 1.5
     
  • This program has been approved by the Montana Commission of Continuing Legal Education for a total of 1.5 CLE credits.
     
  • NH MCLE 1.5
     
  • NH MCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. Lorman Education Services believes this course meets the requirement of NH Supreme Court Rule 53 and may qualify for CLE credit(s). Program Length: 90 Minutes.
     
  • NJ CLE 1.8
     
  • This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 1.8 hours of total CLE credit.
     
  • NV CLE 1.5
     
  • This program has been approved by the Nevada Board of Continuing Legal Education for 1.5 CLE hours.
     
  • PA CLE 1.5
     
  • This Distance Learning program has been approved by the Pennsylvania Continuing Legal Education Board for 1.5 hours of substantive law, practice and procedure CLE credit.
     
  • RI CLE 1.5
     
  • This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 1.5 hours of CLE credit.
     
  • TN CLE 1.5
     
  • This program has been approved as a distance learning format by the Tennessee Commission on Continuing Legal Education for a maximum of 1.5 hours of credit.
     
  • VA CLE 1.5
     
  • This program has been approved by the Virginia Mandatory Continuing Legal Education Board for 1.5 CLE credit hours.
     
  • VT CLE 1.5
     
  • This program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.5 hours of CLE credit.
     
  • WA CLE 1.5
     
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.5 hours of Law & Legal Procedure credit.
     
  • WI CLE 1.5
     
  • This program has been approved by the Board of Bar Examiners for 1.5 hours for use toward the Wisconsin Mandatory CLE requirement.
     
  • WV MCLE 1.8
     
  • This program has been approved by the West Virginia State Bar MCLE Commission for 1.8 MCLE hours.
     
  • CPE 1.8 including Business Law 1.8
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.8 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Business Law for 1.8 hours. Prerequisite: basic knowledge of business financials. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     
  • Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Specialized Knowledge and Applications for 1.5 hours.
     

Who should attend?

This live webinar is designed for business owners and managers, presidents, vice presidents, directors, office managers, purchasing professionals, supervisors, accountants, attorneys, and marketing professionals.

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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Oliver Krischik

Oliver Krischik

GKG Law, P.C.

  • Trade law attorney who focuses on representing businesses, individuals, and nonprofit organizations with issues surrounding economic sanctions, export controls, and financial regulations
  • Counsels his clients on trade compliance, licensing, and enforcement matters related to the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the U.S. Dept. of the Treasury’s Financial Crimes Enforcement Network (FinCEN), the U.S. Dept. of Commerce’s Bureau of Industry & Security (BIS), the U.S. Dept. of Commerce’s Office of Antiboycott Compliance (OAC), and the U.S. Dept. of State’s Directorate of Defense Trade Controls (DDTC)
  • Assists the firm’s Association Practice Group in assessing the European Union’s General Data Protection Regulation (GDPR) developments
  • Assists his clients with all aspects of U.S. economic sanctions and export controls compliance
  • Frequent author and speaker on various topics and selected by Super Lawyers as a Rising Star
  • J.D. degree, Georgetown University; B.A. degree, Washington and Lee University; B.A. degree, Georgetown University
  • Can be contacted at 202-342-5266 or [email protected]
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 406821
Published 2020
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