The Atlanta Hawks NBA franchise is one of the most historic in basketball and has been through many ups and downs over the course of its life, but under the leadership of Bruce Levenson the franchise reached unprecedented heights of success in the recent history of the one time NBA Champion. Bruce Levenson sold the Hawks franchise to Tony Ressler in June 2015 (http://www.forbes.com/sites/mikeozanian/2015/04/23/bankers-for-levenson-oversold-atlanta-hawks-by-27/) in what should have been a simple handover of power, an insurance claim made against a policy held with AIG is still dragging on for Levenson and his fellow former owners as they look to bring their ownership of the Hawks to a close.
Bruce Levenson has become one of the most innovative and resourceful members of the analytical industry as the co-founder and leader of the United Communications Group; UCG began life in a spare room as Levenson and his business partner Ed Peskowitz set out to create a new way of exploring the oil and gas industries in terms of providing up to the second information. Levenson has had a range of interests that include philanthropy, particularly in his home state of Maryland and the Atlanta region where he has been an important community leader throughout his time as the head of the Hawks franchise.
Bruce Levenson is now looking for compensation from AIG over what he believes is an insurance policy that should have been paid out on at the time of Danny Ferry’s contract termination. The insurance policy is now the subject of a legal claim that will be heard in a Fulton County Court where Bruce Levenson and his team hope to be awarded the value of the claim made and a 50 percent fine against AIG. Information on this article can be sourced from Wikipedia.
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