The former management of the Atlanta Hawks Basketball and Entertainment has filed a lawsuit against the New Hampshire Insurance Company. Bruce Levenson is currently the controlling partner of the group, and he says that the insurance company breached a contract signed several months ago. The case is about the former manager of the Hawks team, Danny Ferry.
According to news published on the PR website, the case was filed last year in September at the Superior Court of Fulton County. The New Hampshire Insurance Company, known to many as the AIG is believed to have acted in bad faith concerning Levenson’s corporation. Bruce Levenson and his team say that they should have been covered for all loses that involved employment practices including the wrongful termination of its workers and workplace torts. Levenson’s team believes that the insurance company should have covered the costs that were related to the termination of Danny Ferry in April 2015.
The leadership of the insurance company has not yet made any acknowledgment of the claims laid against it. However, UCG founder Bruce Levenson and his team are well prepared for the case in court. They have documented evidence concerning the contract. Bruce also claims that his team notified the insurance company earlier that they were supposed to pay out the insurance claims several months ago. AIG did not take any action, and this constitutes a breach of contract on the insurance company part. The basketball team is already owned by an organization led by Forbes billionaire Tony Ressler, and the case will not affect the team’s performance in the upcoming matches.