Former owners of Atlantic Hawks Basketball and Entertainment LLC, are suing New Hampshire Insurance Company, also referred to as AIG, over a claim that was filed against them by Danny Ferry. According to the former owners of Atlanta Hawks, they were covered by AIG for Wrongful Termination and Workplace Torts, but AIG refused to acknowledge that they were covered during this time.
AIG refused to represent the Hawks during negotiations with Ferry’s legal team, but the Hawks did reach an undisclosed agreement. AIG claims that they were not made aware of a claim against AHBE. However, the Hawks’ former owners state that AIG refused to acknowledge that the policy was triggered. They also state that AIG refused to cover losses experienced during the settlement, which were covered under their policy.
Added to the civil suit is an additional 50% penalty on the unpaid losses and the associated attorney fees.
Who is Bruce Levenson
Bruce Levenson is the former co-owner of the Atlanta Hawks Basketball and Entertainment LLC, http://www.espn.com/nba/story/_/id/11493472/jason-whitlock-bruce-levenson-atlanta-hawks. He is also a philanthropist who dedicates his time and money to local charities.
Bruce Levenson is the co-founder of UCG. He was the founding board member of publicly traded TechTarget, which was started as part of UCG. He also started the School of Philanthropy and Non-Profit Management at the University of Maryland. See, brucelevenson.com.
Bruce graduated from Washington University’s school of political science. He later graduated from American University’s Law school. Levenson openly talks about ways to better the lives of low-income children in the Washington D.C. area and according to PR News, spends valuable time with the charities in the area.