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.