The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Morrison & Foerster (MoFo) has snared its first deal for Zone Vision Networks, advising the London-based company on the purchase of China's Encore International.
Zone Vision has bought the assets and the majority of the equity of Encore International from Liberty Media Corporation. Encore International will be run as a joint venture with JS International (owned by the chairman of Encore International), so both companies will benefit from any sale of Encore International in the future. Encore International was the first foreign-owned TV content business in China.
Neil Foster, a corporate partner at MoFo, told The Lawyer that the firm could not act for Zone Vision before because of a conflict regarding one of the company's former shareholders. MoFo also represents US satellite TV provider EchoStar, which until January held a stake in one of Zone Vision's subsidiaries. At the start of the year, Zone Vision was bought in its entirety by UGC Europe, thereby removing MoFo's conflict.
The deal threw up regulatory challenges for MoFo due to stringent media ownership rules in China.
The seller, Liberty Media, was advised by Sherman & Howard partner Peggy Knight.