Bruce Levenson’s sale of the NBA’s Atlanta Hawks was conducted successfully about a year and a half ago, http://www.forbes.com/sites/mikeozanian/2015/04/23/bankers-for-levenson-oversold-atlanta-hawks-by-27/, but there has still been some fallout that’s occurred between his ownership group and their former insurance company. The insurance company is being taken to court regarding a contract buyout for the team’s former General Manager that Levenson’s group say the insurance company is required to honor a claim they filed for in the case. Levenson purchased most of the shares of the Atlanta Hawks back in 2004 along with Atlanta Spirit, LLC and he and the group owned the team and its arena up until 2015 when they decided to sell. Levenson is also the Chairman of United Communications Group (UCG) and also sits on the boards of other organizations.
Bruce Levenson is a native of Washington D.C. and began his career in journalism after graduating from Washington University. He also holds a J.D. from American University but has never practiced law. He was a reporter for the now defunct Washington Star for a few years and then he and his friend Ed Peskowitz founded UCG right out of their own apartment. It started a long Time with several small newsletters but then went on to acquire several major industry publications. Levenson helped start TechTarget under UCG before it became its own entity, and later he helped found GasBuddy, a gas price app.
Levenson also helped run Hoop Dreams, a basketball competition in Washington D.C. that helped raise scholarships for inner city students. He’s the founder of the Center for Philanthropy and Non-Profit Leadership at the University of Maryland, a branch of the University aimed at encouraging future business owners to give back to their communities. He also is involved with the Holocaust Memorial Museum and helped start their “Bringing the Lessons Home” program.
Information on this article can be sourced from Wikipedia.