Former Owners of Hawks File a Lawsuit on Ferry Settlement

The former owners of NBA franchise, Atlanta Hawks Basketball and Entertainment LLC, have instituted a lawsuit against the New Hampshire Insurance Company. The suit is founded around the settlement of claims that were made by Danny Ferry, the former general manager. The AHBE group included Bruce Levenson, a controlling partner. However, the suit does not in any way involve the current ownership group of Hawks led by Tony Ressler, the principal owner.

The suit was filed on September 13 in the Superior Court of Fulton County against AIG (insurance company). The suit is itself a civil action for the breach of contract and bad faith of the insurance company. AHBE claims that it was insured in a policy that covered it for definite losses that were relating to employment practices including but not limited to some acts of “Workplace Torts” and “Wrongful Termination”. AHBE had given AIG a notice back in April 2, 2015 about the claims that were asserted by Danny Ferry that the ownership group believed it was covered. A spokesperson of the present Hawks ownership stated on ESPN News that they were aware of the lawsuit but would not comment about it as principal parties involved had no connections to the Atlanta Hawks organization. The total amount claimed by AHBE is confidential according to the court documents.

About Bruce Levenson

Bruce Levenson is a Partner and co-founder of the United Communications Group (UCG) and is the owner of Atlanta Spirit, LLC. He co-founded UCG in 1977 together with Ed Peskowitz. Before UCG, he used to write for the Observer Publishing and Washington Star. Mr. Levenson was a director at TechTarget Inc. from February 10, 2015. He served at TechTarget.com as a Director and in the Board of Directors at the Electronic and Newsletter Publishers Association. He has served as the President of “I Have a Dream Foundation”, Washington and participates in a number of philanthropic endeavors.

Source: https://en.wikipedia.org/wiki/Bruce_Levenson

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