Philanthropist Bruce Levenson Takes Insurance Claim To Court

Forbes.com has posted several news articles following the sale of the Atlanta Hawks NBA franchise in June 2015 the former controlling partner in the Atlanta Hawks Basketball & Entertainment LLC consortium, Bruce Levenson has been eager to push forward his philanthropic career. However, in September 2016 an unpaid insurance claim made by the former owners of the Atlanta Hawks with AIG through a workplace based policy has led the Maryland based business leader to the Superior Court of Fulton County. Levenson and his fellow consortium members will now begin a legal claim for breach of contract against AIG after the insurance company failed to respond to communications about the policy following the mutual termination of the $18 million contract of former Hawks General Manager Danny Ferry.

Bruce Levenson has become an important figure in the philanthropic community from 2015 through to 2016 as his role with the University of Maryland has expanded. Former journalist Levenson began working with the university in 2012 as The Center for Philanthropy and Nonprofit Leadership was created with the aid of the Levenson family; by pledging more than $5 million to the center the work of students from the University of Maryland in nonprofit organizations has reached global levels.

Lawyers acting on behalf of UCG founding chair Bruce Levenson’s consortium have not made public the financial settlement being sought over the breach of contract claim and will look to prove in court the policy was triggered prior to Danny Ferry’s contract being mutually terminated. The contract of Danny Ferry was only signed in 2012 and led to the Hawks climbing to the number one position in the NBA standings; despite the success achieved with Ferry, Bruce Levenson agreed to the termination of the contract just two days before the sale of the Hawks franchise was announced in June 2015 and believes events surrounding the sale of the team triggered the constructive dismissal aspects of the AIG held insurance policy.
Read more: http://www.espn.com/nba/story/_/id/11493472/jason-whitlock-bruce-levenson-atlanta-hawks

IAP Worldwide, the Pride of United States

One can never talk about solving the problems in the US without mentioning IAP Worldwide, a company founded in Irmo, a town in Richland and Lexington counties. The company has a mission to eradicate many problems encountered on a daily basis. They may range from natural calamities to wars. It does this through a series of inventions such as airspace launch and management and maintenance of commercial and military properties. Through hard work, it has grown to become a global company winning contracts in different continents.

The company raised its capital through the help of Kaye Scholer who acted on behalf of IAP Worldwide’s lenders as he had the experience required to restructure the capital which they successfully achieved.

One of the greatest achievements of IAP Worldwide was on 2016 when the US Army selected it to provide their services to them because of their outstanding efforts in satisfying clients. The contract, valued at over $900million, was for providing the framework and maintenance of the services they offered in the military base.

It has also acquired Logistics Business and DRS Technologies in Oklahoma with the aim of tapping the skills from these companies to provide its long-term future. Also, it will increase its efficiency to deliver the services to the targeted customers.

Read more:
IAP Worldwide Services, Inc. announces the acquisition of two business units from DRS Technologies, Inc.
IAP Worldwide Services Division Develops Afghanistan’s Air Traffic Control System

The Significance of IAP Worldwide

– Emergency response

IAP Worldwide has become an integral part in case of accidents as its emergency response is unmatched. Take for instance the Hurricane Mathews; the company responded in a greater manner offering the iapws.com assistance in the affected regions. The result was calming the intensity of the disaster. They achieve this by use of social media such Facebook whereby they could be reached quickly in case of emergency.

– Job opportunities

IAP Worldwide, with its growth globally, hires a large workforce. These are both skilled and unskilled personnel who are required to provide the services. This model has made it one of the biggest global employers. The result is an improvement of the livelihood where the company works. The jobs are available throughout the year as the company embarks on searching for the right candidates for the job. The job seekers apply for the jobs online on the company’s LinkedIn page where they post their resumes. The jobs available are in the fields of Engineering Operations, Accounting, and Logistics.

The impact of the company is something to watch and emulate. The future certainly looks bright with the efforts in place ensuring that the corporation achieves greater heights.

Find IAP Worldwide jobs on CareerCast

Onboarding, Handy’s Path to Greatness

Oisin Hanrahan and Umang Dua are the two founder of the start up cleaning company Handy. Handy is an on demand cleaning service the two started while living together. In early 2016 they were in a bit of a financial crisis one could say. They were looking for more funding but with their new business plan not proving to be successful they were having issues.It seemed as if the big investors were worried they would invest millions in these companies to only see them go under.

Looking for funding they decided to roll out their idea of onboarding across all of their markets. This did not prove to be as successful as they hopped and their fears became true. There was a higher demand for cleaning pros than they could provide so they ended up with many unsatisfied customers, as they had to cancel their request because they couldn’t find anyone to fill them. Handy had seen many of its competitors drop out of the game which brought them a sense of relief but also worried them. They were in a market where there was little competition but they also realized their biggest competitors had lost everything in a short time.

If you look you will see that Handy.com started off with many complaints. This is common in businesses when first starting as mistakes are made, but with a spending of 1.5 million per month Handy’s CEO’s realized this was not something their company could afford and knew they needed to turn their customers into long term profits. They went through many trials eventually leading them to onboarding. Within the first two quarters they had seen a rise in the completion rate by 10 percent compared to the old rate. They have come to terms with knowing it is in the company’s benefit to have humans where they are going to be of the most use. With all that Handy has been through they have proven that they are here to stay. Continually working to improve themselves and become extremely profitable will lead this company to great success.