Principles for a Data Economy at ELI’s Annual Conference

Principles for a Data Economy at ELI’s Annual Conference

The European Law Institute (ELI) recently held its 2018 Annual Conference and General Assembly in Riga, Latvia.

The agenda for this year’s conference included a panel on Principles for a Data Economy, a joint project between ALI and ELI that will study, identify, and collate the existing and potential legal rules applicable to transactions in data as an asset and as a tradeable item and assess the “fit” of those rules with these transactions.

The project discussion featured Reporter Neil B. Cohen of Brooklyn Law School, Steven O. Weise of Proskauer Rose, and ELI President Christiane Wendehorst of the University of Vienna.

Because of the innovative, joint approach of this project, the structure of the project will vary somewhat from the traditional ALI structure. The project aims to develop a set of transnational Principles to provide guidance to parties in the data economy, as well as to courts and legislators worldwide. Because data does not have a “location,” the goal is to have a common set of Principles that would apply wherever the parties happen to be.

The ELI Annual Conference also featured a keynote speech from former ALI Director Lance Liebman.

View more information and agenda here.

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