A lawsuit was filed against New Hampshire Insurance Company by the Atlanta Hawks basketball team and the former leaders of the NBA franchise. The lawsuit involved the defying of the contract that included the settlement of the claims that Danny Ferry-the general manager made.
Tony Ressler-the principal owner of Hawks ownerships is not involved in the lawsuit. According to forbes.com, an undisclosed buyout agreement was made on June 22, 2015, by Ferry and Hawks ownership which was supposed to end with a six-year contract worth $18 million in 2012 but the approval of the auction of the franchise to Ressler came two days later.
About Bruce Levenson
Bruce was born in Washington to a Jewish family and grew up in Chevy Chase. He attended a college at Washington University in St Louis and graduated from America University a law school. Levenson started his career in journalism at Washington Star while he attended law school at night.
Levenson is a prominent businessman from America, formerly the owner of the NBA team and also a philanthropist, https://www.benzinga.com/news/17/03/9165680/university-of-marylands-non-profit-initiative-is-changing-higher-education. Initially, Bruce was a co-owner of Atlanta Hawks LLC which is currently operating the Atlanta Hawks basketball team. Levenson had also initially served as the Governor of Hawk on the Board of Governors in NBA since the year 2004.
Bruce has participated in founding the United Communications Group that is situated in Gaithersburg, Maryland in the year 1977.He was initially the founding board member and is currently on the Board of Directors for an industry media company that is known as TechTarget which mainly deals with IT.