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What’s happening with Bruce Levenson and the lawsuit brought against AIG?

What has happened with the former Atlanta Hawks Basketball and Entertainment group and their lawsuit for breach of contract against AIG Insurance Company over a breach of contract? In a report by ESPN, claims were made by a former general manager of the Hawks Danny Ferry and controlling partner Bruce Levenson, who in 2015 hired Goldman Sachs and Inner Circle Sports to sell the Atlanta Hawks team. The current lawsuit does not include current principal owner Tony Ressler, who bought the team from Levenson for a cool $730 million.

The present lawsuit, which was filed September 13 in Fulton County Superior Court, is a civil action for breach of contract and bad faith insurance. In the lawsuit, the Atlanta Hawks group makes claims that bad employment practices such as wrongful termination and torts are to blame for losses to the company. They gave notice to the insurance company in April of last year because of Ferry’s claims that he believed were covered but was not.

What the claim demands in a financial settlement is not being revealed. According to the suit, AIG, the insurance company, has not acknowledged that a claim was made and that the party further refuses to participate in any defense against the claim.

A buyout agreement though reached in June 2015, still did not prevent the lawsuit from being filed. The Atlanta Hawks current ownership has no comment on the matter because those parties involved in the suit no longer have ties to the team or franchise.

Levenson is a partner at United Communications Group (UGC). He is also owner of Atlanta Spirit. He co-founded UCG in 1977 with Ed Peskowitz; previously, Levenson wrote for both Observer Publishing and the Washington Star. Since early 2015, Levenson has been a director for TechTarget and TechTarget.com.In Washington, Levenson was also president of the I Have a Dream Foundation and has been involved throughout his career in philanthropy. Read: http://www.prnewswire.com/news-releases/undergrads-and-graduate-students-mastering-philanthropy-300038081.html.

Source: brucelevenson website

George Soros: Fighting Oppression in the Midst of Anti-Semitic Conspiracies

George Soros is a herculean figure in the world of finance and for good reason. He has been able to make predictions in the stock market that have made him one of the richest people in the world. This wealthy stock broker has been on the rise most of his adult life, but he did go through some trying times when he was a young boy. Soros had to live in the shadows because the Nazis took over his homeland. The young boy’s identity and religion had become dangerous for him, but his father ensured that the family had falsified papers so they could survive.

There was no doubt that luck was on Soros side, though it was very traumatizing for him. It makes sense that he grew up to have a very strong opinion about democracy and oppression on Politico. George Soros escaped his native land of Hungary to England where he received his formative education, which he would use to make his fortune later. No one would have predicted that his fortune would come with a new set off issues mostly due to his strong democratic values. This man has been supporting many democratic causes, presidential bids, and democratic endeavors around the world.

Take the George Soros conspiracy started by Glenn Beck who had the audacity to suggest that Soros was in cahoots with the Nazi party because he survived their occupation. Beck participated in a special on Fox where he casted Soros as a dangerous figure who is attempting to control the world with his money. Many of the accusations that Beck used against this successful businessperson are well-known to many people. These conspiracies were clearly associated with anti-semitic views. George Soros has been the target of these types of comments for some time, though he has usually never paid too much attention to them, especially because they are insulting.

These types of attacks are coming from anywhere, and the people who do not like this man’s democratic positions just found a new way to attack with the George Soros emails. The George Soros emails are part of the Wikileaks that were just released along with others, RawStory reports. The emails showed that this businessperson has been heavily involved in unmasking any violations against humanity in Israel and Palestine, but those who hate him saw something else. The George Soros Wikileaks are being used to promote him as an anti-Israel monster who wants to besmirch the good name of the country. No doubt the Hungarian-American will not respond to these new allegations associated with the George Soros Wikileaks. It is clear, especially to those who read the emails, that his participation in those regions in the world are nothing but humanitarian acts.

There are some people in this country, and in the world, who simply cannot let go of their prejudice, which is something that Soros is well aware of. Nonetheless, it has not stopped George from leading the charge against injustice in the American way.

Learn more about George Soros: http://topics.wsj.com/person/S/george-soros/209