Following the resolution of a lawsuit involving Danny Ferry, Bruce Levenson and the rest of the former Atlanta Hawks ownership expected their insurance company to cover the associated costs. To their surprise though, New Hampshire Insurance Company, otherwise known as AIG, actually refused to honor the terms of their agreement as previously laid out. As a result, Levenson (brucelevenson.com) has filed a lawsuit against the company, seeking the money that he believes was previously owed to them.
The lawsuit was filed several months ago following a dispute between the former Atlanta Hawks Basketball and Entertainment LLC and the previously mentioned New Hampshire Insurance Company. Of course, most of the specific numbers involved in the dispute are confidential, so it’s uncertain exactly how much money is being asked for in claims. In terms of the specifics behind the dispute though, it is known that Bruce Levenson’s agreement with the insurance company was supposed to cover damages related to wrongful termination claims and workplace torts.
In the case of Ferry’s termination, it would appear that the damages associated with his claims would fall under the contract as established by the Atlanta Hawks Basketball and Entertainment LLC, but as of now it is left to the courts to decide. When asked for a comment, the current Hawks ownership declined to delve into the court case, as they are not actually involved in it. Unfortunately, New Hampshire Insurance Company has not returned any requests for comments, and is apparently trying to privately resolve the matter rather than go public with any information.
For what it’s worth, it appears that the case is fairly direct, claims PR News. Atlanta Hawks Basketball and Entertainment LLC had a clearly defined contract with their insurance company, and now that a policy has been triggered, the insurance company is trying anything they can to avoid paying the bill. Whether that tactic will work in the end is unknown, as the lawsuit still has a ways to go.