Commercial Contracts Bulletin February 2016

United Kingdom
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In this issue, we consider recent legislative developments and significant court decisions which are likely to affect the way you do business. In particular, the bulletin discusses the new EU-US Privacy Shield, designed to protect data transfers across the Atlantic and set to replace the Safe Harbor regime in the wake of its recent high profile collapse. Also of note is the recent ruling by the Court of Appeal on penalty clauses in commercial contracts, which provides welcome guidance on these provisions.