Bruce Levenson Uses JD Degree Familiarity To Sues Insurer

Bruce Levenson Uses JD Degree Familiarity To Sues Insurer

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Bruce Levenson is successful in his own right, and has many philanthropic agendas. He is a cofounder of United Communications Group. He is an owner of Atlanta Spirit, and for TechTarget, he was their Director. Surprisingly, he used to be a journalist writing for the Washington Star and Observer Publishing. He was a part of the Board of Directors of the Newsletter and Electronic Publishers Association. He was appointed President of the Washington based, I Have a Dream Foundation. His education is solid with a BA from Washington University and a JD from American University. In retrospective he knows business. So when he sold the Atlanta Hawks he had his reasons, despite the fact some say he was off the should-be-price by a bout twenty percent. Most say the deal was worth one billion for the Hawks team and arena operating rights; it was sold to Tony Ressler at auction for a $730 million (http://www.forbes.com/sites/mikeozanian/2015/04/23/bankers-for-levenson-oversold-atlanta-hawks-by-27/). Strangely enough, the selling price was big media hype, with lots of predictions of the final end selling price.

Bruce Levenson has been in the media since he sued the Hampshire Insurance Company over the Danny Ferry issue. Lawsuits are abnormally long, so nothing in the lawsuit has anything to do with the present Hawks ownership sold to Tony Ressler. And Tony Ressler says he is not involved, and gives no comment.

Henceforth, rooted from a six year multi-million dollar discord, Danny Ferry and Atlanta Hawks basketball group (AHBE) terminated their affiliation in year 2012, it all ended with a buyout agreement on June 22, 2015.

Consequently according to Time, a lawsuit was filed with the Superior Court of Fulton County on Sept. 13 stemming from the past disagreements between the old establishment of the Atlanta Hawks basketball group (AHBE) and New Hampshire Insurance Company. The breach of contract and insurance bad faith lawsuit involved settlement issues about former general manager Danny Ferry. The old basketball group alleges it was insured under its insurance policy against wrongful termination and workplace torts. The insurance company has refused to accept the claim and policy. The lawsuit alleges that covered losses in the Danny Ferry settlement were correct. Presently, there are lots of discrepancies about the insurance coverage.