Bruce Levenson sues an insurance company

Bruce Levenson is a Jewish American businessman, who was born on October 1, 1949. He is a philanthropist who formerly owned an NBA team. Levenson is one of the founders of Atlanta Hawks LLC. The Atlanta Hawks LLC owned the Philips Arena and the Atlanta basketball team. He also worked on the NBA board of governors as the Hawks’ governor, and later become the co-founder of United Communication Group, http://www.ucg.com/AboutUs/Ownership.aspx, in 1977.

Bruce Levenson hired Danny Ferry in 2012, in the capacity of the president of baskets operation and also as the general manager of Hawks Company. Danny Ferry before joining the Hawks Company he played for Cleveland Cavaliers and after retiring he served as the Cavaliers general manager, and also served at San Antonio Spurs as the vice president of operations, and later joined the Hawks. This made him the perfect choice of Bruce Levenson.

In 2014 as reported by Forbes.com, Bruce Levenson announced his interest in selling his share of Atlanta Hawks group with the help of an investment bank firm. Later the former ownership group of the Atlanta Hawks basketball and the NBA franchise sued the New Hampshire Insurance company due to the breach of the contract concerning settlement of claims made by Danny Ferry.

The case was filed in a superior court on 13th September. AHBE claims it was insured and covered against loss associated with employment practices but not against workplace torts or wrongful terminations. According to the documents the insurance company was given notice by AHBE on April 2, 2015, that was believed to be asserted by Danny Ferry that shows it was covered.