Bruce Levenson is widely known his position as owner of the Atlanta Hawks. On the side, many don’t know that Bruce is in fact Co-founder for the company, United Communications Group (http://www.ucg.com/AboutUs/Ownership.aspx), which he co-founded with his business associate, Ed Peskowitz. Even before this, Bruce was a writer, who actually wrote for some high profile companies, such as Observer Publishing and Washington Star. Since early last year, he has also been working as a director for TechTarget. To build a strong foundation for his career, Bruce Levenson earned his higher education by studying at Washington University, where he earned his Bachelor’s degree in Arts as well as earning his J.D. from American University. It’s always noteworthy to point out that Bruce is an active philanthropist today and has made huge contributions to the I Have A Dream Foundation.
In recent Forbes news, Bruce has been appearing because of his involvement with a lawsuit with a New Hampshire Insurance Company. According to the lawsuit, there was a breach in a contract that was made on the behalf of the insurance company. This lawsuit is only involved the former owners of the Atlanta Hawks and not the current owners of the team. Though, the former owners are claiming the the insurance company is not paying according to the policy, which states that it would cover losses that were revolving around certain employment practices, including wrongful termination.
According to several statements that have come out, the standing of this lawsuit and claim is still pending and confidential to the public. The insurance company has continued to claim that there has been no breach of contract for them, while AHBE is going to seek out additional penalty funds if the insurance company continues to deny the claim, since they claim that a representative of the insurance company even stated they should have received a payout for their policy. There is not much more information as to why the statement was made, or how things will progress from here for the two parties.