Latham & Watkins has successfully secured the dismissal of a lawsuit alleging negligence by the company’s general counsel. The complaint claimed that the general counsel had failed to provide appropriate legal advice to a former company treasurer, specifically by neglecting to issue an Upjohn warning. This warning is typically given when the interests of a corporation and an individual officer are in conflict. The dismissal marks a significant development in the landscape of corporate legal responsibilities. More details about the case can be found here.