Bruce Levenson may no longer be in control of the team, but his company, Atlanta Hawks Basketball and Entertainment LLC, is headed back to court to hash out what may have been a breach in insurance coverage during the Ferry settlement.
Danny Ferry, the team’s former General Manager, parted ways with Levenson’s company, leading to a settlement between the two parties. That settlement, the company claims, ought to have been covered by their insurance company, as workplace termination, separation and all related torts were part of their policy. As they did not pay out Ferry’s settlement, Levenson’s company has filed a lawsuit with the Supreme Court of Fulton County, seeking damages for insurance bad faith and breach of contract.
In a report by ESPN News, no word as to the total amount Levenson is seeking, but the lawyers representing them feel their case is pretty solid. Citing a clear breach in policy, Levenson’s representation argues that their insurance provider was liable in the case of Ferry’s separation from the Atlanta Hawks. No word yet as to whether the former General Manager may find himself back in court as this case moves forward.
About Bruce Levenson:
Having started his career in publishing, first as a writer for the Washington Star and later with Oliver Publishing, Bruce Levenson eventually started a career in business.
Levenson has continued to keep his ventures diversified, like owning the Atlanta Hawks and rising to the position of Director of Tech Target. Outside of business, Levenson has dedicated a significant portion of his life to work in philanthropy with groups like the I Have a Dream Foundation where he served as President.