The Atlanta Hawks Basketball and Entertainment LLC, (AHBE) which is a former owner of the NBA franchise has filed a court case against New Hampshire Insurance Company for breaching a contract that involved the settlement of claims by former general manager Danny Ferry. The AHBE group which formerly held ownership of Hawks is inclusive of controlling partner Bruce Levenson. However, the lawsuit is not inclusive of the current Hawks ownership group which is led by Principal Tony Ressler.
The Law Suit was filed it the Superior Court of Fulton County on the 13th of September. It involves a civil action for the breach of contract and insurance ill faith. AHBE claimed that it had an insurance policy for the coverage of certain losses associated with employment practices. This cover was inclusive of but not limited to certain acts of Workplace Torts and Wrongful Termination. According to documents from the court, the amount of the claim is confidential and that the sensitive limits of the policy are enough to settle the allegation by AHBE.
Bruce Levenson was the owner of the AHBE group that owned the Hawks. The remarkable entrepreneur and investor is also a partner and co-founder at United Communications Group (UGC). UGC was founded in 1977 with the partnership of Ed Peskowitz. He has also written for the Washington Star as well as Observer Publishing. Bruce has also served as director Tech Target Inc. since 2015. His latest deal saw him sell the NBA team making a big profit, adding to his reputation as a successful businessman. According to ESPN, the Hawks team was sold at the cost of $850 million to an entrepreneur known as Antony Ressler.
Bruce Levenson is also known for his philanthropic endeavors (http://www.prnewswire.com/news-releases/undergrads-and-graduate-students-mastering-philanthropy-300038081.html) as the President at ‘I have a Dream Foundation.’ He has a remarkable education background having attained a J.D from the American University and a Bachelors of Arts degree from Washington University.
Source: Bruce Levenson website
Many people live their entire lives without realizing what their primary purposes is. The ability to concentrate on a particular goal provides direction and guidance. It can be difficult to determine what the right path is to when making life decisions. It is rare that a very young person displays this quality. However, Don Ressler understood his place in the world very early in life. Don Ressler became a teenage CEO and began a business career that has spanned decades with international connections.
Don Ressler launched his first start up business as a teenager. It was known as FitnessHeaven.com. He sold the company to Intermix Media at the age of 19 and became a highly-ranked executive within the company. Intermix had a young COO named Adam Goldenberg. Goldenberg and Ressler quickly became friends. After a few years at the organization the two young businessmen realized that the large media conglomerate was not going to invest in there ideas. Both men had experienced great success with online marketing and wanted to create a new business concept in a different industry.
Read more: Former Intermix COO Raises $33M For Fashion Brand JustFabulous
Ressler and Goldenberg eventually left Intermix to form their own business enterprise. They held brainstorming sessions with other business executives in order to study trends and formulate an effective business model. JustFab became the first business venture that Don Ressler and Goldenberg would launch together. JustFab introduced a new concept to the online retail business. It is a fashion line that allows customers to browse a website for items at discounted prices. All merchandise is available to freelance shoppers. However, a membership is required to purchase merchandise at the discounted prices. The monthly membership is designed to develop brand loyalty and encourage consumers to remain familiar with the latest options in the fashion line. The website also customizes a fashion profile that makes purchase suggestions based on a buyers selection trends.
Fabletics is a spin-off JustFab. It specializes in athletic wear for women. Goldenberg and Don Ressler teamed with actress and model Kate Hudson to develop the concept. Kate Hudson is the face of the brand. The company grew to be worth 250 million dollars within its first three years of operation. It ships merchandise internationally to areas such as Canada and Europe. There are also several retail store locations being opened around the country. The retail stores are intended to give Fabletics and JustFab members the opportunity to participate in an in-store shopping experience.
Read more articles about Don Ressler on Huffington Post
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The competitive advantage that Handy has built over other companies hinges on the diversity of the services that are offered. There are cleaning companies throughout the United States that offer professionals that come in to mop floors, wash clothes, make up beds and dust. This is what Handy offers as well. The difference, however, is that this is not where Handy stops when it comes to the services that are offered. This is the business that serves as something of a one-stop shop to all that are in need of other things like faucet or drain repairs. Furniture assembly and door hardware installation are also services that are being offered by Handy.com.
There is a level of diversity that has been put in place to make this company thrive. Booking services with this organization has become quick and easy. It has become a real treat to get other people to clean the home while people utilize their time to do other things. This is not the only thing that the co-founders Oisin Hanrahan and Umang Dua wanted to do. They also wanted to make sure that customers would have access to other things like repairmen that could do true handy work.
This is a company that may have started on a smaller scale with smaller ambitions, but this company has risen to a higher level of service because more money has come from venture capitalists. Getting to a profitable state may have been a struggle for Handy, but venture capitalists believed in the original idea. Many of these same investors also believed in the expansion of the franchise as well. That is what keeps the company profitable. A lot of people may have doubted that this organization could excel to this level, but this diversity keeps the company moving forward.