Bruce Levenson has made a lot of news in Atlanta, having recently sold (http://www.forbes.com/sites/mikeozanian/2015/04/23/bankers-for-levenson-oversold-atlanta-hawks-by-27/) the Atlanta Hawks to Tony Ressler’s group after owning a majority of their shares for 12 years. Now, he and the other former owners from Atlanta Hawks Basketball & Entertainment (AHBE) are looking to sue their former insurance company for damages in an incident related to the sale. The Atlanta Hawks’ former General Manager, Danny Ferry had filed a claim with AIG in regards to his termination, and AHBE had opted to buyout his contract. According to AHBE and Ferry’s attorneys, Ferry’s claim was within his rights as far as the policy was concerned, but AIG has not honored the claim and Levenson and AHBE want a large settlement in court.
Levenson has been a journalist and entrepreneur as well as a sports enthusiast. He started in journalism while attending American University as a reporter for the Washington Star. He completed his J.D. at American University but never went into practicing law. He founded his own publication business out of his own apartment along with Ed Peskowitz and grew it into a major industry publishing business which became known as Unified Communications Group (UCG). Levenson also helped start TechTarget and is on the Board of Directors at BIA Digital Partners.
Levenson is a philanthropist who according to PR News, has been the president of both Hoop Dreams and the “I Have a Dream” Foundation, scholarship fund programs for young children in the inner city. Levenson also founded the University of Maryland’s Center for Philanthropy and Non-Profit Leadership, and he’s also a contributor to the Holocaust Memorial Museum. His mother-in-law is a survivor of the Holocaust, and she once told her story to the Atlanta Hawks players and coaches when they visited the museum in 2014. Levenson is also an active member of Seeds of Peace and Birthright Israel.