The former ownership group of the Hawks NBA franchise, The Atlanta Hawks Basketball and Entertainment LLC (AHBE), has sued New Hampshire Insurance Company (AIG) for breaching a contract that involves the settlement of a claim that was made by the former general manager, Danny Ferry.
AHBE includes the controlling manager Bruce Levenson. The Hawks ownership group led by Tony Resslerts who currently owns the Hawks franchise is not participating in the lawsuit.
The lawsuit is a civil action for insurance bad faith and breach of contract and filed in the Superior Court of Fulton County.
ABHE claims it was insured by AIG to cover certain losses that are related to their employment practices, they include but are not limited to the acts of “Workplace Torts” and “Wrongful Termination.” According to the documents presented in court, on April 2, 2015, AIG was given notice by AHBE. The amount of claim in question is confidential. The lawsuit states that the policy’s limits of liability are sufficient to play the application. According to Time.com, in the lawsuit, AIG is said to have refused to acknowledge the claim made and have not admitted that AHBE has triggered the policy.
ABHE’s controlling partner, Mr. Bruce Levenson, co-founded United Communication Group (UGC). Mr. Levenson also owns Atlanta Spirit, LLC. Before founding UCG, he was a writer at Observer Publishing and Washington Star. Since 2015, he has served as a director at TechTarget Inc and TechTarget.com. Mr. Levenson also served as a director at the Newsletter and Electronics Publishers Association.
Mr. Bruce Levenson is involved in numerous philanthropic initiatives like Community Foundation of Washington, D.C. He has also been president for “I Have a Dream Foundation.” in Washington. Mr. Levenson completed his Bachelor of Arts degree from Washington University in St. Louis and graduated from law school at American University.