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 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 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.