ANALYSIS: Will Schrems II Cause Five Eyes to Blink?

The infamous Schrems II judgment issued by Europe’s highest court in July has certainly vexed international commerce, but it also has the potential to disrupt the intelligence-sharing consortium known as “Five Eyes.”

Formed in the wake of World War II to facilitate the sharing of intelligence information among the U.S., Canada, the U.K., Australia, and New Zealand, the alliance of five English-speaking countries likely faces an uphill challenge to declare a new sort of “Victory in Europe” more than seven decades later.

The July 16 judgment from the Court of Justice of the European Union (CJEU) invalidated the EU-U.S. Privacy ...