The former owners of the Atlanta Hawks, headed by Bruce Levenson, have announced they will soon return to court in a bid to end an insurance claim that dates back to the mutual termination of the contract of Hawks General Manager Danny Ferry. The legal team of the Atlanta Hawks Basketball & Entertainment LLC Bruce Levenson has headed for over a decade have filed court papers explaining comments made by Ferry, who had an $18 million six year contract with the franchise, constituted constructive dismissal and should have resulted in a payout from AIG.
According to ESPN, the arrival of Bruce Levenson in the NBA also saw him take over the Atlanta Thrashers NHL franchise, but this was eventually sold in a bid to focus resources on the more popular and profitable NBA brand. Levenson has always had a keen eye for business and proved this with the success he created from a single oil industry newsletter that morphed into the real time information business that is the Bruce Levenson owned UCG.
Bruce Levenson believes his role as a business leader goes far deeper than simply continuing to find success in the many companies he has founded; Levenson instead looks to develop close community links that have continued throughout his life in his native state of Maryland. Over the course of his career Bruce Levenson has looked to develop greater links to the institutions and groups he enjoys, including his commitment to the arts handled by a close tie in with the Kennedy Center for the Arts.
In recent years, Bruce Levenson and his wife, Karen have looked to develop a more global outlook that is shown through their support of philanthropic causes backed by the University of Maryland in developing countries. Levenson has also looked to battle hatred and bigotry in the U.S. through much of his current work. Read: http://www.prnewswire.com/news-releases/undergrads-and-graduate-students-mastering-philanthropy-300038081.html.
For more info, visit brucelevenson.com.