Laura Cordes

In striking this deal, the ToySmart case kind of set a precedent. It had already been a norm in bankruptcy that contracts with vendors or employees or creditors could be, you know, renegotiated. ToySmart established that in the interest of maximizing value, consumer data privacy was also something that could be on the negotiating table.

In striking this deal, the ToySmart case kind of set a precedent. It had already been a norm in bankruptcy that contracts with vendors or employees or creditors could be, you know, renegotiated. ToySmart established that in the interest of maximizing value, consumer data privacy was also something that could be on the negotiating table.

So it looks like Aunt Vovey's data, unfortunately, is going to be sold in this bankruptcy process. Now, 23andMe has already said that any potential buyers will have to uphold their current privacy policy. But the shape of that final deal, that will be determined by a bigger negotiation.

So it looks like Aunt Vovey's data, unfortunately, is going to be sold in this bankruptcy process. Now, 23andMe has already said that any potential buyers will have to uphold their current privacy policy. But the shape of that final deal, that will be determined by a bigger negotiation.

So it looks like Aunt Vovey's data, unfortunately, is going to be sold in this bankruptcy process. Now, 23andMe has already said that any potential buyers will have to uphold their current privacy policy. But the shape of that final deal, that will be determined by a bigger negotiation.

We really do, HG. Anyway, the CPO, or the Consumer Privacy Ombudsman, this was a position created by Congress about 20 years ago. It was a time when more and more companies were building their businesses around collecting consumer data. And as some of these companies went under, more and more of these data sets were ending up on the bankruptcy auction block.

We really do, HG. Anyway, the CPO, or the Consumer Privacy Ombudsman, this was a position created by Congress about 20 years ago. It was a time when more and more companies were building their businesses around collecting consumer data. And as some of these companies went under, more and more of these data sets were ending up on the bankruptcy auction block.

We really do, HG. Anyway, the CPO, or the Consumer Privacy Ombudsman, this was a position created by Congress about 20 years ago. It was a time when more and more companies were building their businesses around collecting consumer data. And as some of these companies went under, more and more of these data sets were ending up on the bankruptcy auction block.

The CPO offered a way for the bankruptcy court to appoint a data privacy specialist who could check the fine print of the company's privacy agreements, cross-reference privacy laws, and then come up with recommendations for how to structure a deal that might reduce any harms to the consumer.

The CPO offered a way for the bankruptcy court to appoint a data privacy specialist who could check the fine print of the company's privacy agreements, cross-reference privacy laws, and then come up with recommendations for how to structure a deal that might reduce any harms to the consumer.

The CPO offered a way for the bankruptcy court to appoint a data privacy specialist who could check the fine print of the company's privacy agreements, cross-reference privacy laws, and then come up with recommendations for how to structure a deal that might reduce any harms to the consumer.

Laura says one example of the impact a CPO can have on one of these cases is the RadioShack bankruptcy from 2015.

Laura says one example of the impact a CPO can have on one of these cases is the RadioShack bankruptcy from 2015.

Laura says one example of the impact a CPO can have on one of these cases is the RadioShack bankruptcy from 2015.

The biggest recommendation that Frejka gave had to do with the amount of data being sold. She argued that instead of selling the data for every RadioShack customer ever, the sales should only apply to customers who had been in contact with the company in the past two years.

The biggest recommendation that Frejka gave had to do with the amount of data being sold. She argued that instead of selling the data for every RadioShack customer ever, the sales should only apply to customers who had been in contact with the company in the past two years.

The biggest recommendation that Frejka gave had to do with the amount of data being sold. She argued that instead of selling the data for every RadioShack customer ever, the sales should only apply to customers who had been in contact with the company in the past two years.

But whether or not any of this is performative, the CPO process can also be really expensive. And so there's also a lot of pressure against appointing a CPO at all.

But whether or not any of this is performative, the CPO process can also be really expensive. And so there's also a lot of pressure against appointing a CPO at all.

But whether or not any of this is performative, the CPO process can also be really expensive. And so there's also a lot of pressure against appointing a CPO at all.