Danny Ferry Contract Issues Prompts Bruce Levenson To Take Court Action

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The career of Bruce Levenson has taken many twists and turns, but few of these have been as difficult as the insurance claim made by the Atlanta Hawks Basketball & Entertainment consortium with AIG. The claim stems from the mutual termination of the contract of former Hawks General Manager Danny Ferry who was seen by members of the former Hawks ownership as making comments and completing actions they saw as constructive dismissal; early negotiations with AIG should have resulted in a payment made against the workplace policy held with by the insurance giant that have not happened since the sale of the Hawks to Forbes billionaire Tony Ressler’s consortium.

A statement from the current ownership of the Atlanta Hawks acknowledged the case that will be heard in the Superior Court of Fulton County but made it clear the insurance claim is the responsibility of Levenson’s consortium. Bruce Levenson’s ownership group appointed Danny Ferry as General Manager in 2012 with a six year $18 million contract; in the buildup to the sale of the franchise in June 2015 Ferry agreed to terminate his contract to leave the way clear for the new owners to install their own front office staff. Bruce Levenson’s legal team believe workplace torts questions will show a financial settlement should have been reached with AIG without the prolonged period of uncertainty that has lasted over a year.

Bruce Levenson has mastered a number of industries and been honored by his peers along the way as his UCG company as evolved since its founding in the 1970s. Levenson has served on a number of industrial organizations, including the Newsletter and Electronic Publishers Association; both Bruce Levenson and his business partner Ed Peskoqitz have been inducted into the Hall of Fame of the Software and Information Industry Association for their work that now spans four decades.

SOURCE: https://en.wikipedia.org/wiki/Bruce_Levenson