The Former AHBE Ownershp Group Sues AIG Over Bad Insurance Faith

Bruce Levenson is a serial entrepreneur base in America. He is a renowned philanthropist and former NBA owner. He was also the co-owner of the Atlanta Hawks, Inc. this was the mother company that operated and owned the Philips Arena and the Atlanta Hawks basketball team. Bruce has served as a governor to the NBA board since 2004. In 1977, Bruce Levenson co-founded the United Communications Group (see; http://www.ucg.com/AboutUs/Ownership.aspx). According to the Forbes magazine, this is the largest communications company in the world. He is also one of the board member and founder of TechTarget. This is an information technology industry company.

Bruce spent his early life in Wahington, D.C. he was born to Jewish family residing in this region. He spent his early childhood in Maryland. He joined the University of Washington. He went further to study a master’s degree in Law at the University of America. Levenson began a journalism career in Washington while attending law school during evening hours.

The Atlanta Hawks Entertainment and Basketball Company, the former ownership group belonging to NBA, has filed litigation against Hampshire Insurance company for contract breach where the corporation was involved in a settlement made by the previous general manager. Bruce Levenson was among the former ownership group and the controlling partner. According to Brice, this litigation has nothing to do with the current ownership of the company.

The litigation, filed in Fulton County Superior Court against Hampshire insurance company, is described as a civil action against contract breach and bad insurance faith. The former management team claims that their businesses were insured under a policy for covering some losses related employment. They include workplace torts and wrongful termination of employees. According to the documents in court, AHBE gave Hampshire Insurance Company a notice in 2015 that claims the covered issues. They reached a secret agreement of settlement to end their six-year business partnership.