Bruce Levenson and the Atlanta Hawks’ owners of AHBE have taken an insurance company, AIG to court over fallout they had after the team was sold in 2015. Levenson and AHBE purchased the Hawks in 2004 and owned the NHL’s Atlanta Thrashers for several years as well. When Levenson decided to sell his shares of the team, General Manager Danny Ferry’s contract was going to be bought out as part of a termination agreement, and according to Time.com, Ferry had filed a claim with AIG regarding this situation. But AIG has not paid Ferry or AHBE any amount guaranteed by their policy, and Levenson and his fellow owners are suing them for damages, a process that could be quite lengthy.
Prior to purchasing the Atlanta Hawks, Levenson was the cofounder and CEO of United Communications Group (UCG), a mass industry media publication and technology insider information source. He had gotten started in journalism while working on his J.D. at American University, and after working for the Washington Star for several years, he and Ed Peskowitz decided to go out on their own in the publishing business. UCG began with one newsletter in the oil industry and soon acquired many subsidiaries. Once it had become a technology news powerhouse, Levenson and the board members founded TechTarget, a technology application research company. Levenson also joined the board at BIA Digital Partners. See, http://brucelevenson.com/.
Levenson helped start the “I Have a Dream” Foundation in Washington D.C., an organization whose mission is to help inner city minority groups achieve college scholarships. He’s a member of the Holocaust Museum’s Board of Trustees thanks to the generous contributions he’s made there, and he was instrumental in starting their “Bringing the Lessons Home” program. He also partnered with the Anti-Defamation League to bring the Concert Against Hate event to D.C.
For more info, check out his Wiki page.