The Atlanta Hawks Basketball and Entertainment, LLC (AHBE) that is managed by Bruce Levenson has filed a lawsuit in the Superior Court of Fulton County against New Hampshire Insurance Company for breach of contract and insurance bad faith. According to Hawk’s former general manager Danny Ferry, the Insurance Company had insured AHBE against employment-related losses that included Wrongful Termination and Workplace Torts.
In the lawsuit, the insurance company, also described as AIG, failed to pay covered losses following the termination of the $18 million contract between Ferry and Hawks in 2015. According to James J. Leonard of Barnes & Thornburg LLP, the law firm representing AHBE in the lawsuit, AIG had no justifiable reason not to cover the losses since the claims made by Ferry fell under the policy coverage.
About Bruce Levenson
Mr. Bruce Levenson is a former owner of the prominent Atlanta Hawks, LLC. Atlanta Hawks, LLC are the former owners of the Atlanta Hawks, a professional basketball team competing in the NBA, says ESPN. Levenson is also a founding partner and a director at United Communications Group (UCG). Levenson is a holder of a Bachelor’s degree in Arts from Washington University, and a Juris Doctor degree from American University. He is also an experienced writer, having written for the Washington Star and Observer Publishing. Bruce served as a Board member of the Newsletter and Electronic Publishers Association Board of Directors. He also held the director position at TechTarget.com.
Bruce’s charity work
Bruce is a philanthropic person. He is the current president of the Washington-based I Have a Dream Foundation. Bruce also supports other philanthropic organizations including the U.S. Holocaust Museum, the SEED Foundation, the Seeds of Peace, Birthright Israel, and Jewish Youth Philanthropy Institute.