S&C Advises Tsai Family in Sale of Sports Business Minority Stake to Koch Family

S&C is representing Joe Tsai, Clara Wu Tsai and their family in connection with the sale of a minority stake in BSE Global, the parent company of the Brooklyn Nets, New York Liberty and the Barclays Center, to investors Julia Koch and her children.

S&C previously represented the Tsai family in their 2018 purchase of a 49 percent interest in the Brooklyn Nets and renegotiation of the Brooklyn Nets' arena license at the Barclays Center, 2019 acquisition of the New York Liberty and 2019 purchase of the remaining interests in the Brooklyn Nets and acquisition of the Barclays Center.

The S&C team advising the Tsai family includes Rob Schlein, Rich Le Page, Andrew Ferry and Arman Smigielski. Isaac Wheeler, Andrew Motten and Vincent Lan are advising on tax matters. Mehdi Ansari, Philippe Schiff and Patrick Ronan are advising on intellectual property matters. Heather Coleman, Kristen Klein, Joyce Lee and Alex Capogna are advising on executive compensation and benefits matters.