Former Atlanta Hawks NBA owner Bruce Levenson is suing the New Hampshire Insurance Company over an alleged breach of contract, surrounding claim settlements made by former Hawks general manager Danny Ferry. Along with Levenson, the lawsuit names Atlanta Hawks Basketball and Entertainment LLC.
The lawsuit filed says AHBE believed they were insured under a policy for coverage for certain losses related to employment practices. Court filings show that AHBE notified NHIC that claims were made by Ferry that it beleived were covered by the policy. The Atlanta Hawks ownership and Ferry reached a buyout agreement in 2015, for an undisclosed amount.
The lawsuit says that NHIC refused to acknowledge a claim was filed and that the policy had been triggered. Bruce Levenson‘s lawsuit lawsuit alleges that claims fell within the policy coverage provided by NHIC.
Along with previously co-owning the Atlanta Hawks, Bruce Levenson co-founded the United Communications Group in 1977. He is also currently on the Board of the Directors for TechTarget, an IT media company. Levenson was a director of the company from 1999 to 2012. Source: brucelevenson.com
According to Wikipedia.org, Levenson is very active in various philanthropic organizations. Levenson is a founding donor of the U.S. Holocaust Museum and also supports various Jewish causes including the Jewish Federation. He also joined with 100 other American Jews, sending a letter to Israeli Prime Minister Benjamin Netanyahu, asking for him to work with Secretary of State John Kerry, to create initiatives consistent with Irsael’s national security needs.