AIG Ignores Claim Made By Former Ownership Of The Atlanta Hawks

January 31, 2017 @ 2:31 am

Altanta Hawks Basketball and Entertainment LLC, the former management of the Altanta Hawks, filed a civil lawsuit on September 13, 2016, against insurance company AIG. The former ownership group, led by Bruce Levenson, claims that AIG ignored their claims made on April 2, 2015. These claims included losses based on certain employment practices that they claim should have been covered under their policy at the Time the team was managed by Danny Ferry. The amount of the claim has not been disclosed.

The current team ownership, led by Tony Ressler, is not involved in the lawsuit as Levenson sold the team in June of 2015. However, they are aware of the impending lawsuit.

Bruce Levenson is an American businessman as defined by Wikipedia who bought the Atlanta Hawks in 2004 (http://www.espn.com/nba/story/_/id/11493472/jason-whitlock-bruce-levenson-atlanta-hawks) and hired Danny Ferry in 2012 to manage the team. Levenson started his career in journalism working for the Washington Star. He then co-founded United Communications Group in 1977, which is a business information company for various industries.

Bruce Levenson is involved in many philanthropic pursuits. He funded The Center for Philanthropy and Nonprofit Leadership at the University of Maryland. The center teaches students how to devote their lives to the non-profit sector. Levenson also enjoys activities such as basketball, golf, skiing, and traveling. He has a wife and three sons.

 

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