In In re China Agritech Inc. Shareholder Derivative Litigation, C.A. 7163-VCL (May 21, 2013), Delaware VC Travis Laster has put forward a factually rich and legally detailed analysis of how 220 books ands records inspections, Caremark claims, demand futility, and 102(b)(7) exculpation clauses fit together. I'll never convine Bill and Mark to put it in the case book, but I will probably use it as a supplement to review and pull together the doctrines. As such, I'll slot it into the syllabus after I've covered derivative suits, oversight, and shareholder inspection rights. (HT: McNally)
See also Kevin Brady's detailed post on a similar case.
