The insurance giant AIG is being taken to the Superior Court of Fulton County as the former owners of the Atlanta Hawks look to bring to a close an insurance battle that has been raging for more than a year. The Bruce Levenson led Atlanta Hawks Basketball & Entertainment LLC consortium has been fighting to resolve a claim made through its lawyers over an insurance claim made regarding the mutual termination of the contract of former Hawks General Manager Danny Ferry.
Bruce Levenson and his fellow former owners of the Atlanta Hawks believe the comments and actions of Danny Ferry in the buildup to the sale of the historic NBA franchise triggered a constructive dismissal claim under the policy held by AIG; legal papers show early discussions with AIG reveal the policy was triggered and a claim should have been have been paid by the insurance giant. According to ESPN, after the announcement of the sale of the Hawks franchise AIG have failed to communicate with the Atlanta Hawks Basketball & Entertainment group over the status of the claim and prompted the start of legal proceedings over a breach of contract.
Bruce Levenson may be best known for his role with the basketball franchise, but he has spent a large amount of his career building a successful business and philanthropic resume (http://www.prnewswire.com/news-releases/undergrads-and-graduate-students-mastering-philanthropy-300038081.html). After training and working as a journalist Bruce Levenson developed the UCG company that delivers real time information to companies in a range of industries to allow them to stay abreast of the most important aspects of their businesses. Since leaving the Hawks organization Bruce Levenson has done much to fight the growing problems of hate seen in society through his role as the chair of The John F. Kennedy Center’s Concert Against Hate that providing funding for the Anti-Defamation League through funds raised during the event held in Washington D.C. More information can be found on brucelevenson.com.