Former ownership Group of NBA Franchise, The Atlanta Hawks Basketball and Entertainment LLC recently filed a lawsuit against New Hampshire Insurance Company for breach of contract that involves claims made by the former General Manager Danny Ferry. The former ownership group of Atlanta Hawks Basketball and Entertainment included Bruce Levenson and does not include the current ownership Group of the organization that is led by Tonny Ressler. http://www.forbes.com/sites/mikeozanian/2015/04/23/bankers-for-levenson-oversold-atlanta-hawks-by-27/
The law Suit was filed on September 13 in the Superior Courts of Fulton County against the insurance company that is known to many as AIG. The Basketball organization sued the insurance company for a civil action for breach of contract as well as insurance bad faith. Atlanta Hawks Basketball and Entertainment LLC claimed that it was insured by the New Hampshire insurance company under the policy for coverage of certain losses that are related to employment practice that included and was not limited to particular acts of wrongful termination as well as workplace torts. Documents presented by the courts showed that AHBE gave notice to the insurance company on the issues that they believed were covered on April 2 2015.
The court documents claims was confidential and the lawsuits stated that the sensitive limits of the liability were enough for the insurance company to pay Atlanta Hawks Basketball and Entertainment LLC. The lawsuit is also seeking 50% additional pay for the damages as well as the attorney’s pay.
Bruce Levenson is the co-founder and the partner at United Communication Group. Bruce is a dedicated man and he is the founder and the President of Atlanta Spirit LLC. Mr. Bruce is not only an entrepreneur but also a writer who has written for the Washington Star as well as the Observing Publishing. Other positions that he has held include being the director of Tech Target Inc. a position he has maintained since February 10 2015. Levenson is also a philanthropist and according to PR Newswire, he supports I Have a Dream Foundation of Washington. He ho9ldsd a Bachelor’s of Arts Degree from the University of Washington and J.D from American University.
Source of info: wikipedia.org.