I often defer to the professoriate for scholarly reviews of lengthy Chancery decisions.  Professor Ann Lipton provides a review of the Caremark analysis in a recent 100-plus page Chancery decision that discussed a conflicted controller transaction with a problematic special committee.  The case is Firefighters’ Pension System v. Foundation Building Materials, C.A. No. 2022-0466-JTL (Del. Ch., May 31, 2024). See professorial commentary here and here.

Of course, there is much more that can be, and will be, said about this important decision.