Bruce Levenson is a Bachelor of Arts graduate from Washington University, St. Louis and holds a JD from American University. He has made a name for himself as a successful businessman. He has founded many successful companies. He is also a director and managing partner to a number of other companies. Some of the companies affiliated with Bruce Levenson’s name include United Communications Group (UCG), which he co-founded in 1977, Atlanta Spirit, LLC. Mr. Levenson serves as the director of TechTarget, Inc., a position he has occupied since early 2015. He also sits on the board of Newsletter and Electronic Publishers Association.
According to ESPN’s report, the Atlanta Hawks Basketball and Entertainment (AHBE), LLC the group which filed the case, the insurance company in question breached contractual obligations and also acted in bad faith. The suit was filed in Fulton County’s Superior Court in September of last year.
The insurance Company is registered in New Hampshire and goes by the name, AIG. This suit, however, has nothing to do with the current Atlanta Hawks owners. It is a legal matter strictly between the New Hampshire-based insurance company, AIG, and the former Atlanta hawks owners with regard to Danny Ferry, the former general manager. The complaint raised by Ferry is that the insurance company refused to honor his claim. Barnes & Thornburg LLP is the law firm representing AHBE. They have filed additional claims for compensation.
In 2015, the then owners of NBA outfit, Atlanta Hawks, a group named AHBE, with controlling partners Bruce Levenson and Michael Gearon Jr., and other club investors sold it for $850M to Ressler Group.
In Washington, he is the current president of the philanthropic ‘I Have a Dream Foundation.’ According to PR Newswire, the foundation works to help young dreamers in more than sixteen cities across the US and the oceanic country of New Zealand.