The former Hawks ownership, inclusive of Bruce Levenson has decided to seek legal help against their then insurance company. The former management claims that New Hampshire Insurance Company breached the terms of the contract agreed upon. The claims further alleged that it was during the reign of the former manager Mr. Ferry. However, the present Hawks ownership management that is overseen by Mr. Ressler is not involved in the lawsuit.
The lawsuit is a civil act claiming both insurance bad faith and breach of contract. The former Hawks ownership filed their case on September 2013 in the Superior Court located in Fulton town. According to the AHBE Group, they were covered for several losses involving employment practices and were not restricted to acts such as “Workplace Torts” and “Wrongful Termination.”
In reference to the documents represented to the court, The Atlanta Hawks Basketball and Entertainment Group gave communication to the AIG on 2nd April 2015 stating that Mr. Danny claimed to have covered the alleged claims.
The relationship between the former Hawks ownership and Mr. Danny kicked off in the year 2012. However, on 22 June 2015, the relationship took a new turn when they both agreed to an undisclosed buyout contract. According to Forbes Magazine, interesting to note, two days down the line came the approval to sell the franchise to Tony Ressler’s group.
The present Hawks ownership spokesperson reveals that they have full knowledge of the complaint at hand, despite the fact that the key parties involved in the lawsuit are no longer linked to them. Further information from the court states that the amount of the claim is confidential. According to the lawsuit, the AIG failed in acknowledging the fact that a claim was issued and a procedure initiated. When the law firm representing AHBE was reached for any comments, their response was that the legal complaint says it all!
Mr. Levenson is the former owner of Atlanta Hawks Basketball and Entertainment LLC. He is also a Partner and Co-Founder at UCG, United Communications Group that took place in the year 1977. Earlier on, Bruce was a writer for both Observer Publishing and the Washington Star.
From February 10, 2015, he held the position of Director for TechTarget, Inc. Mr. Levenson is an alumnus of Washington University where he holds a Bachelor of Arts degree.