Iron Fist saves Princess Azir of Halwan from a robot assassin named Ballox, who was sent to kill her by Master Kahn. This is, I think, the first time Claremont and Byrne team up creatively. It’s not their best work.
From here, they go on to an Iron Fist solo book, and Marvel Premiere moves on to tell other stories about other heroes.
Creators: Chris Claremont and Pat Broderick (#24), John Byrne (#25)
For the complete history of the MU, year by year, go here.