Superior Court To Rule On Bruce Levenson Insurance Case

The former ownership group of the Atlanta Hawks NBA franchise have been forced to bring a breach of contract case against insurance giant AIG over an unpaid claim dating back to 2015. The Superior Court of Fulton County will be the location of a legal battle begun by lawyers acting for the former NBA owners headed by Bruce Levenson, who believe their claim over the mutual termination of the contract of General Manager Danny Ferry should have been paid in a speedy fashion; the legal team for Levenson’s group filed papers with the court as they state AIG is refusing to discuss the claim they believe is a simple one to rule on.

Bruce Levenson left the Atlanta Hawks in a healthy state in 2015 after purchasing a team that had been rooted to the bottom of the NBA standings for a number of years in a 2004 deal. As the public face of the Atlanta Hawks ownership group for a little over a decade the former journalist committed himself to making the Hawks an integral part of the local and NBA communities. According to ESPN, along with his joining the NBA Board of Governors, Bruce Levenson also used the high profile of the basketball team to push forward causes he believed were worthwhile; one of the most impressive and high profile causes the Hawks backed was the opening of the U.S. Holocaust Museum that UCG founding chairman Bruce Levenson believed to be important as the memory of this World War II event was fading in the memories of young people.

The legal team acting for Bruce Levenson have kept the financial settlement being sought over the constructive dismissal claim relating to Danny Ferry’s six year contract secret; however, the attorney’s have revealed they are seeking a 50 percent penalty against AIG and all costs to be paid by the New Hampshire based insurance giant.

Bruce Levenson Proves His Business Skills With Atlanta Hawks Sale

Bruce Levenson managed to do something most people int he NBA did not think was possible over the course of the last few decades in turning the Atlanta Hawks into a championship contender. The Maryland based businessperson has been an impressive figure in the NBA for more than a decade, but now hands over the reigns of the franchise and the keys to Phillips Arena to billionaire Tony Ressler and his backers. Bruce Levenson of UCG is always on the lookout for a good opportunity to enjoy the help the businesses he operates and the people in his local areas to improve their position, whether that is in a business sense of by making some of the many charitable donations he makes each and every year.

The success of Levenson and his wife Karen in terms of philanthropic giving has led to the couple seeking to assist in a major education program at the University of Maryland, which focuses the work of a dedicated school of philanthropy and not for profit programs. Bruce and Karen Levenson have worked to develop the school for the future as both donors to the program and as well known fund raisers. The school has now begun providing graduates for not for profit programs across Washington D.C. and Maryland; the future goal of the school is to provide educated workers for programs across the globe who can be of great help to those in need on different continents. So far the school has begun sending students to learn more about programs operated in India and across the African continent funded by the work of Bruce and Karen Levenson.

Forbes billionaire Bruce Levenson has been showing off his skills as a dedicated philanthropist for all to see in his work with the Atlanta Hawks and the many programs the NBA operated in and around the U.S. The NBA franchise of the Atlanta Hawks was in a difficult position in 2004 when Levenson and his group took control of the team that had failed to add to its single championship won in the 1950s. Over the course of his career at the NBA Levenson became the public face of the franchise and led them from the very bottom of the standings to the number one side in the east by the end of the his final regular season in charge. The sale of the Hawks gave the Levenson group a large profit and showed the skills the group had as negotiators and business people within the sports industry.