The former owner of the Atlanta Hawks basketball team, the Atlanta Hawks Basketball and Entertainment LLC, sued New Hampshire Insurance company regarding breach of contract. In the lawsuit, the basketball company claims that insurance company failed to honor Danny Ferry’s claims. Ferry was the general manager of the basketball and entertainment company (AHBE).
The lawsuit was filed in Fulton County’s superior court. It didn’t involve Tony Ressler, the current owner of the Atlanta Hawks. AHBE claimed that it had acquired an insurance coverage from New Hampshire Insurance Company. The coverage was meant for losses related to employment practices. It also encompassed wrongful termination and workplace torts. The insurance firm was sued for failing to compensate Ferry after he lost his job when Atlanta Hawks was sold.
AHBE was represented in court by Barnes & Thornburg, a prominent law firm. James Leonard, an associate of the company, told the judge that AHBE was seeking compensation for the unpaid loss and attorney fees.
About Bruce Levenson
Bruce Levenson is an American entrepreneur known for founding the United Communications Group. He founded the company in collaboration with Ed Peskowitz back in 1977. He also owns the Atlanta Spirit. In his Bloomberg bio, before founding UCG, Levenson worked as a writer for Observing Publisher and Washington Star.
In 2015, he was appointed as the director of TechTarget.com. Levenson is also a board member of the Newsletter and Electronic Publisher Association. Levenson also participates in charity work. According to Benzinga.com, he serves as the president of a non-profit organization known as I have a Dream Foundation. The group concentrates on nurturing local talent and helping kids from unprivileged families. Levenson attributes his success to the education he got from the Washington University as he pursued an undergraduate arts degree. He also attended the famed American University for a J.D.