Lawsuit Involving AHBE

Bruce Leveson and the former ownership of Atlanta Hawks Basketball and Entertainment LLC, have filed a lawsuit against New Hampshire Insurance Company. The present owner, Tony Ressler, is not involved in the lawsuit. The former owner of the NBA franchise is suing the New Hampshire Insurance Company for a violation of their contract concerning the settlements of claims made by the former general manager Danny Ferry. On September 13th, the lawsuit was filed against the insurance company at the Superior Court of Fulton County. The charges are known to be AIG, which is a civil action for breach of contract and insurance bad faith. On April 2nd, AHBE contacted AIG that claims have been alleged by Ferry that it knew were covered. AHBE claims “it was insured under a policy for coverage for certain losses related to employment practices, including, but not limited to, certain acts of “Wrongful Termination”’ and “Workplace Torts.””AIG does not agree with the claim that was made or the policy. In an article ion Time.com, former owner of the Atlanta Hawks Basketball and Enterainment LLC is also the Co-Founder and Partner at United Communications Group (UGC). He founded this company in 1977 with his partner Ed Peskowitz. With a Bachelors in Arts from Washington University and J.D. from American University, Levenson, is involved in many philanthropic endeavors including being the President of the “I Have a Dream Foundation”. Read more about his community works on prnewswire.com.