Bruce Levenson and the Atlanta Hawks former ownership group, Atlanta Hawks Basketball and Entertainment, have sued the New Hampshire Insurance Company. The lawsuit was filed in Fulton County Superior Court on September 13 alleging insurance in bad faith and breach of contract regarding the settlement agreement with former general manager Danny Ferry. It alleges the insurance company, known as AIG, failed to fulfill their responsibility to pay the settlement costs even though the policy covered some employment practices related losses including workplace torts and wrongful termination.
Bruce Levenson is a talented journalist, successful businessman and long-time philanthropist (http://www.prnewswire.com/news-releases/undergrads-and-graduate-students-mastering-philanthropy-300038081.html). After graduating from St. Louis’ Washington University and earned his law degree by attending American University at night while working as a journalist at the Washington Star. After obtaining his law degree in 1977, he and business partner Ed Peskowitz co-founded the United Communications Group. UCG published Oil Express, a newsletter focused on oil industry developments. The company acquired several other newsletters and launched Oil Price Information Service and other databases. The company also provided news and analysis for numerous industries including banking, energy, healthcare, technology and telecommunications.
A Washington D.C. native raised in Chevy Chase, Maryland, Levenson has been involved with philanthropic activities for decades. He worked with the Washington D.C Community Foundation, the Hoop Dreams Foundation and is a U.S. Holocaust Museum founding donor. He was also president of the I Have Dream Foundation Washington chapter. The organization helps children from low-income families get higher education. He also supports Seeds of Peace, the SEED Foundation, the Jewish Youth Philanthropy Institute and other Jewish causes. Levenson and his wife helped develop the Center for Philanthropy and Nonprofit Leadership on the campus of the University of Maryland in 2010. The organization teaches students how to work with and run non-profit and philanthropic organization.