AIG Taken To Court By Bruce Levenson

The Maryland based business leader and former lead owner of the Atlanta Hawks NBA franchise, http://www.forbes.com/sites/mikeozanian/2015/04/23/bankers-for-levenson-oversold-atlanta-hawks-by-27/, Bruce Levenson, will head to the Fulton County Superior Court in his bid to bring to a close an insurance claim begun over one year ago. Attorney’s acting for Levenson and his fellow members of the Atlanta Hawks Basketball & Entertainment LLC consortium have been seeking to complete an insurance claim begun in April 2015 over the mutual termination of the contract of former Hawks General Manager and NBA star Danny Ferry.

Attorney’s acting for Bruce Levenson’s group believe the actions and comments of Danny Ferry after the Hawks franchise was announced to be for sale triggered the clause in the AIG policy for constructive dismissal. Despite beginning negotiations with AIG prior to the termination of Ferry’s contract and being told the policy had been triggered a financial settlement has yet to be agreed between the two parties, which prompted the beginning of legal proceedings by Levenson’s group. The current Hawks ownership group has already released a statement explaining the insurance policy was held by Levenson’s group and therefore has no bearing on their position.

The work of Bruce Levenson with the United Communications Group he founded with Ed Peskowitz in the 1970s has made the fortune of the former journalist, and includes the companies of TechTarget and GasBuddy. In his life and career Bruce Levenson has spent a large amount of time looking to assist the communities he is a part of, reveals PR News; in terms of the NBA, Levenson was a respected member of the Board of Governors and works with many Jewish faith based groups to fight bigotry and the denial of the Holocaust of World War II. In a bid to develop a better future for people in all financial situations Bruce Levenson has become an important part of the Seed Foundation that provides a better educational experience for underprivileged students.

Source; Wikipedia.org