The Supreme Court did not see the issue in Tiger Global as an isolated dispute over taxation. It viewed the issue against the broader backdrop of treaty interpretation and the play of sovereign powers.

If compliance can be achieved with reasonable confidentiality, side letters can change from being the source of hidden privileges to the instruments of orderly governance.

The article discusses special rights of private equity investors in companies preparing for an IPO.

Due mostly to a 42% drop in start-up investments and a 33% drop in total deal volume, the PE/VC market dropped 11% year over year in 2023.

[Rayan Bhattacharya is a first-year law student at the Universtiy of Durham, United Kingdom.] For the past few years, the evolution of...