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Kenneth A. Listwak, left, and Francis J. Lawall, right, of Pepper Hamilton. Kenneth A. Listwak, left, and Francis J. Lawall, right, of Pepper Hamilton.

Unfortunately, the old adage “better late than never” makes for terrible advice when applied to bankruptcy law. Indeed, even under the most sympathetic of circumstances, courts are charged with respecting the integrity of deadlines and employing a cool, impartial approach to everyone, including the most desperate of late claimants. This outcome was recently borne out by a recent decision in the Toys “R” Us bankruptcy case—Bravo Sports v. Toys “R” Us, Civil Action No. 3:18-cv-00784-JAG (E.D. Va. Apr. 11, 2019).

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Shareholder Derivative Litigation: Besieging the BoardBook

Written for both the expert and the novice, this book not only reviews the legal framework for derivative actions but also provides a practical guide to the application of legal principles.
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