The former ownership of the Atlanta Hawks Basketball and Entertainment Limited Liability Company and the NBA franchise has recently filed a lawsuit that is against the New Hampshire Insurance Company, for the breach of contact that involved the settlement of claims that were made by Danny Ferry, who is the former general manager. The former ownership group of the Hawks, the AHBE, has included a control partner, Bruce Levenson. According to ESPN, the Hawks current ownership group led by the principle owner Tony Ressler is not involved in the lawsuit. The lawsuit was filed on September 13th in the Superior Court of Fulton County against the insurance company, that was also described as the AIG, the civil action is for insurance bad faith and breach of contract. AHBE has claimed that it was insured under a policy that covered certain losses in relation to employment practices, this including but not limited to, certain acts like Workplace Torts and Wrongful Termination. According to the court documents, AHBE has given notice to the AIG as of April 2, 2015, that claimed to have been asserted by the Ferry that believed that it was covered. Time reports that the Hawks and Ferry ownership had reached it’s undisclosed buyout agreement on June 22 of 2015. In addition to the charges of the lawsuit, the lawsuit is also seeking an additional 20 percent penalty as a result of attorney’s costs and fees and unpaid loss.
Bruce Levenson is Partner and Co-Founder at the United Communications Group. Levenson is also the owner of the Alanta Spirit. He co-founded the UCG in 1977 along with Ed Peskowitz. Prior to the founding of UCG, Levenson had written for Observer Publishing and Washington Star and he has been a director for TechTarget Inc. since February of 2015. Levenson has also served on the board of directors for the Newsletter and the Electronic Publishers Association. He has been the president for the “I Have a Dream Foundation” in Washington and has been involved in many philanthropic endeavors. Levenson holds a bachelor of arts degree from Washington University, and his J.D. from the American University.