Atlanta Hawks Links Continue For Bruce Levenson

Bruce Levenson headed the consortium owning the NBA’s Atlanta Hawks for just over a decade before selling the team to a group including basketball fan and technology billionaire Tony Ressler. The $730 million sale of the Hawks was announced in June 2015 just two days after the contract of Hawks General Manager Danny Ferry was mutually terminated amid an insurance claim being made by Levenson’s Atlanta Hawks Basketball & Entertainment LLC group relating to workplace practices and the events surrounding Danny Ferry’s actions in the months prior to the sale.

Lawyers for Bruce Levenson have not revealed the financial settlement they are claiming from insurance giant AIG over the unpaid claim made over the termination of the Danny Ferry’s $18 million six year contract signed in 2012; however, attorney’s from the Barnes & Thornburg law form have stated they will test workplace practices and workplace torts aspects of the insurance policy they believe was triggered as early as April 2015. A year after the sale of the Atlanta Hawks by Levenson’s group attorney’s claim AIG have failed to respond to repeated attempts to communicate with the insurance company who initially agreed the policy was triggered prior to Ferry’s contract being terminated.

Bruce Levenson has been a popular figure across the U.S. for more than a decade as part of the NBA and as a successful business leader in his home state of Maryland. As part of the ownership of the Hawks Levenson was always concerned with forging new community links between the NBA and local people, including his own commitment to the Hoop Dreams and Make A Wish foundations, http://www.prnewswire.com/news-releases/undergrads-and-graduate-students-mastering-philanthropy-300038081.html. Working alongside his wife, Karen, Bruce Levenson has worked hard to make sure the people of Washington D.C. and Maryland are cared for with a focus on education for philanthropists and not for profit leaders educated at The University of Maryland.

Information found in the article above can be sourced from brucelevenson.com and wikipedia.org.

 

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