Hogan Lovells is representing Russian billionaire Mikhail Prokhorov in his sale of the Barclays Center and controlling interest in the Brooklyn Nets to an entity controlled by Joe Tsai, co-founder of Chinese conglomerate Alibaba Group.
The firm has worked with Prokhorov on related transactions before. In 2018, Hogan advised him in selling a 49% stake to Tsai, who will now be the sole owner of the basketball team.
Prokhorov has maintained his interest in the Nets and Barclays through his company Onexim Sports and Entertainment Holding USA Inc.
His legal team was led by Denver-based Hogan partners Matthew Eisler and ...
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