Cynthia Cole, partner in Baker McKenzie’s data and cybersecurity practice, recently contributed to a Lexology Pro article exploring the growing legal and reputational risks tied to the handling of customer data in corporate dealmaking, spotlighting the fallout from 23andMe’s bankruptcy and its potential sale of sensitive genetic information. As regulators and lawmakers increase scrutiny, companies are being urged to proactively address data privacy in their M&A and bankruptcy planning.
Cynthia, who advises on data privacy and M&A, notes that many companies overlook bankruptcy scenarios when drafting privacy policies. She also cautions that some businesses intentionally avoid placing restrictions on data transfers to preserve valuation in future deals, especially when data is a core asset.
Her insights underscore the importance of balancing strategic flexibility with legal compliance and consumer trust. As data becomes increasingly central to deal value, companies must ensure their privacy policies and transaction strategies are aligned with evolving regulatory expectations.
Subscribers can read the full article on Lexology Pro:
How customer data presents risks in corporate dealmaking - Lexology Pro
