Atlanta Hawks Insurance Case Sees Bruce Levenson Battle AIG

The reign of Bruce Levenson as the owner of the Atlanta Hawks may have come to an end in September 2015, but according to Time Magazine the Washington D.C. based founder of UCG is still looking to complete the legal aspects of his time as the head of the Atlanta Hawks Basketball and Entertainment Group. Levenson and his fellow former owners of the NBA franchise have now decided to bring an insurance claim dating back to April 2015 to court in a bid to resolve a claim over workplace practices and unfair dismissal claims revolving around the termination of the contract of former Hawks General Manager Danny Ferry; the former GM agreed to the mutual termination of his contract in September 2015 just two days before the sale of the franchise to billionaire technology expert Tony Ressler was announced.

Bruce Levenson has largely remained out of the spotlight since the sale of the Hawks and concentrated on the philanthropic work he began during his time as the owner of the franchise. Levenson and his wife Karen have become well known for their commitment to many causes in the Washington D.C. and Maryland areas, particularly the Center for Philanthropy and Nonprofit Leadership at the University of Maryland the couple hopes will assist the local community for years to come. Read more on prnewswire.com.

The legal case brought by the members of the Atlanta Hawks Basketball and Entertainment Group comes after they state the AIG insurance company refused to acknowledge the claim made about Danny Ferry’s contract. The new owners of the Atlanta Hawks have stated they have no knowledge or dealings with the case against AIG as the claim was made regarding the losses incurred by terminating Ferry’s contract before the sale of the franchise was completed.