Bruce Levenson has been looking into new areas to provide philanthropic assistance to communities around the world since he sold his stake in the NBA franchise, the Atlanta Hawks. However, the Maryland based businessperson and community activist has now been brought back to the Hawks franchise with a legal battle between his group of former owners and the insurance battle AIG; the problems between AIG and Levenson’s Atlanta Hawks Basketball & Entertainment group date back to the mutual termination of General Manager Danny Ferry.
Final bids for the Hawks franchise were submitted by those interested in purchasing the team on April 10 2015 and eventually saw the group headed by billionaire technology executive Tony Ressler buy the franchise with a $730 million bid (http://www.forbes.com/sites/mikeozanian/2015/04/23/bankers-for-levenson-oversold-atlanta-hawks-by-27/). Around the same time as the final bids for the franchise were being submitted Bruce Levenson’s legal team began to negotiate with AIG over the issue of Danny Ferry’s comments and actions during the sale of the one time NBA Championship winner. Eventually, AIG agreed with Levenson’s group that Ferry’s actions were grounds to trigger the constructive dismissal clause of the workplace insurance policy of the group; however, Levenson’s group now state they have yet to hear from the insurance giant since the June 2015 sale of the Atlanta Hawks and have filed papers in a Fulton County court in a bid to bring the matter to a successful close.
Time Magazine reveals that Bruce Levenson has recently been seeking new and improved ways of assisting others, including his commitment to raise funds for the Anti-Defamation League and through various Jewish faith based groups. Bruce Levenson continues to look for success as a business leader devoted to providing the best possible service through his United Communications Group, TechTarget, and GasBuddy companies.