The termination of the contract of former Atlanta Hawks General Manager Danny Ferry has been the subject of an ongoing insurance claim between the former owners of the NBA franchise and the insurance giant AIG. Papers have now been filed with the Superior Court of Fulton County as Bruce Levenson‘s Atlanta Hawks Basketball & Entertainment LLC consortium seeks to bring a legal end to a matter they believe should have resulted in a speedy payout from the insurance company, but has now resulted in Levenson’s legal team submitting a breach of contract claim against AIG.
ESPN describes Bruce Levenson to be one of the best known innovators in the field of communications and technology ever since he and business partner Ed Peskowitz founded the Oil Express newsletter in the 1970s. The single newsletter used the journalism skills of the University of Washington graduate and changed the oil industry newsletter sector in a short space of time, resulting in the establishment of the United Communications group; Levenson and Peskowitz have developed UCG into one of the top real time information providers for different industrial sectors ever since and continue to find success in new areas of technology and communications.
Despite the business success Bruce Levenson has achieved he has never placed a quick profit above the success of the community he works in on a regular basis. Levenson has ensured UCG remains headquartered in Washington D.C. to aid the local economy and uses his own success as a way of promoting the area in its many forms. Bruce Levenson has been a major supporter of many philanthropic groups around the Washington D.C. and Maryland areas, as well as bringing his skills as a community leader to the Atlanta area during his decade as the head of the Atlanta Hawks NBA franchise during its dramatic movement towards a successful future.