The Atlanta Hawks and Entertainment LLC, has decided to file a lawsuit against New Hampshire Insurance Company on the basis of a breached contract. This lawsuit does not involve Tony Ressler.
On June 22, 2015 as per Forbes report, Hawks and Ferry ownership reached a buyout agreement putting an end to the 18 million contract that began in 2012. The sale of the franchise was approved two days later.
The amount of the claim remains confidential, but the lawsuit states that the amount is substantial enough to pay AHBE’s claim. The lawsuit also claims that a contract breach for failure to pay covered the losses in the settlement. This lawsuit is seeking another 50 percent penalty of the unpaid loss as well as attorney’s costs.
Bruce Levenson is an entrepreneur, journalist, and has successfully built several businesses. He is the co-founder of United Communications Group. United Communications Group has over 46 million customers all over the globe and has over 1000 employees. United Communications Group won a journalism award in 1978 for editorial excellence and has won over 125 awards since. Bruce Levenson is director of TechTarget-a company that serves technology providers worldwide. He is also a partner with GasBuddy-a mobile app that has been downloaded by over 45 million users to find discounted gas prices. He has also co-founded DOT-a new cooking advancement that, among other things, can cook toast in as little as three seconds.
He has also began the Center for Philanthropy and Non-Profit Management that is preparing the next generation of non-profit leaders for great things. He has been a philanthropist for over forty years and continues to follow his entrepreneurial and ambitious endeavors.