The former ownership group of NBA Franchise the Atlanta Hawks Basketball and Entertainment LLC recently filed a law suit against New Hampshire Insurance Company. The insurance company breached a contract that intricate the settlement of claims made by Danny Ferry who was the former general manager of Atlanta Hawks Basketball and Entertainment. The old group of the Atlanta Hawks Basketball and Entertainment included Bruce Levenson and the law suit does not involve the current leadership of the organization which is led by Forbes billionaire Tony Ressler.
Atlanta Hawks filed the lawsuit on September 13th in the Superior Court of Fulton against the insurance company which is also known as AIG. The law suit was a civil action for breach of contract as well as insurance bad faith. Atlanta Hawks Basketball and Entertainment claimed that the insurance company had covered them for inevitable losses that were related to employment practice that included but were not limited to acts of wrongful terminations as well as work torts. The court documents explained that the basketball organization had given notice to the insurance company on April 2nd 2015 that claims had been asserted by the former manager of AHBE Ferry which stated that the claims were covered. The courts documents also said that the confidential limits of liability of the policy are adequate to pay AHBE’s claims.
Bruce Levenson is an entrepreneur and the co-founder of and partner at United Communication Group. The United Communication Group was established in 1977 together with Ed Peskowitz. Levenson is known to be very ambitious and the he is the founder of Atlanta Spirit LLC. Before he co-founded United Communication Group, Bruce was a writer who was at the time writing for Washington Star and Observer Publishing. According to benzinga.com, Bruce has leadership skills and he has served in several organizations including Tech Target Inc. as the Director and has also served on the board of directors including Newsletter and Electronic Publishers Associations among others.