Atlanta Hawks Basketball and Entertainment, the organization that used to be the owners of the NBA franchise has been in the limelight for some time now. The organization recently went to court and filed a case against an insurance firm known as New Hampshire Insurance Company.
The Atlanta Hawks Basketball and Entertainment is a very organization in the world. The institution is headed and controlled by Bruce Levenson, one of the founding partners. When filing the case in the court, Levenson and his team did not sue the current owners of the Hawks basketball team, led by Mr. Antony Ressler.
Time.com reports say that Levenson and his team have filed the court at the superior court found in Fulton County, and it will soon be heard. According to Levenson, the insurance company failed to meet the coverage they had previously agreed on.
At the moment, the Hawks has new owners, led by Antony Ressler. The team acquired the company (http://www.forbes.com/sites/mikeozanian/2015/04/23/bankers-for-levenson-oversold-atlanta-hawks-by-27/) in June last year after it was put in the market. Antony had tried to purchase another team before, but he did not succeed. Reports indicate that Antony purchased the team together with a team of partners at a cost of eight hundred and fifty million dollars. The new group will, however, not be included in the case. Hawks spokesman says that the team is already aware of the case, but it is not going to involve itself with the issue.
Bruce Levenson is a renowned businessman in the US. Under his leadership the AHBE organization has been quite successful, and it has managed to acquire several ventures. Under the leadership of Levenson, the Hawks team managed to win several games. Read more on prnewswire.com.