Former Owner of Atlanta Hawks Sues AIG over Ferry Settlement

Even though Atlanta Hawks Basketball and Entertainment LLC. has changed hands, the former owners are still cleaning up a mess left behind. The former owners have filed a lawsuit against New Hampshire Insurance Company, also listed as AIG, for breach of contract. According to Bruce Levenson, the insurance company failed to represent them in a situation where claims were brought by Danny Ferry.

The lawsuit was filed on September 13, and has been classified as a civil action for “breach of contract and insurance in bad faith.” During the time that Danny Ferry filed a claim against AHBE, a spokesman states that the company was covered by AIG for wrongful terminations and workplace torts.

When the claims came to a point of negotiation, AIG refused to represent the company in negotiations, or acknowledge that the company had a policy with them.

Bruce Levenson

Bruce Levenson is the co-founder of United Communications Group. This company publishes multiple newsletters and has compiled numerous databases on topics surrounding the oil industry.

Levenson is also the former co-owner of the Atlanta Hawks Basketball and Entertainment LLC. from 2004 through 2014, which was sold. Read more on Forbes.com.

Levenson is also a philanthropist and spends a lot of his time working with various organizations to improve the quality of life for low-income children.  See, https://www.benzinga.com/news/17/03/9165680/university-of-marylands-non-profit-initiative-is-changing-higher-education.

One Reply to “Former Owner of Atlanta Hawks Sues AIG over Ferry Settlement”

  1. The records came back to the court by AIG insurance agency express that they were ignorant that a case was made and they guarantee was never given to their organization. This is going to make it show what ozessay assignment service review to do and that is the most important in which these things.

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