AIG Refuses To Cover Former AHEB Owners, Over Employment Practices.

Mr. Bruce Levenson is a journalist by Profession. He has worked for the Washington Star, and later on for Observing Publishing. In 1977, he co-founded United Communications Group (UCG) with a partner Mr. Ed Peskowitz. Bruce was also a member of the board of Director at TechTarget Inc, where he has served since February 2015. He has worked at the “I Have A Dream Foundation,” where he served as President. Bruce currently serves as a Managing partner of the Atlanta Hawks. He attended Washington University and attained his Arts Degree. He later enrolled at the American university, where he graduated with a Bachelor of Journalism Degree.

Bruce Levenson is also an active Philanthropist and has spearheaded a number of charitable and Non-Profit organizations, for example, Center for Philanthropy and Nonprofit Leadership, and the DO Good Challenge Program, which he established at Maryland University to be held annually. His recent achievements include Co-founding a private company responsible for a new invention in cooking Technology. See, http://www.prnewswire.com/news-releases/undergrads-and-graduate-students-mastering-philanthropy-300038081.html.

The Atlanta Hawks Basketball and Entertainment LLC are the former owners of the NBA Franchise. A lawsuit which does not include the new owners of the NBA was filed on 13th September in Fulton County Supreme Court. The lawsuit was against New Hampshire Insurance Company for a breach of Contract, where the company refused to compensate AHBE for losses incurred, triggered by Mr. Ferry’s Actions. AHBE claims it had taken insurance coverage policy over losses that would be incurred in relation to employment practices.

An undisclosed amount buyout of Mr. Ferry’s Hawks ownership got to an agreement on June 2015 to end the six-year $18 million Contract that began in 2012. The Insurance Company has refused to neither acknowledge nor participate in the claims against it. The lawsuit also includes a claim of an additional penalty to cover attorney’s cost.

Sources:

brucelevenson.com website

Wikipedia.org