As recently reported on AJC.com the Atlanta Hawks Basketball and Entertainment LLC is suing AIG/New Hampshire Insurance Company for a breach of contract. According to the lawsuit, the company neglected to pay a covered claim regarding a termination of employment. The Atlanta Hawks’ head coach was let go and the incident was properly reported and the contract appeared to cover a circumstance such as the termination of Danny Ferry. AIG refused to pay the claim. Bruce Levenson was the controlling partner of the Hawks at the Time and is part of the party that is filing suit against the insurance company.
Bruce Levenson was not only the co-owner of the Atlanta Hawks but he also co-founded United Communications Group in 1977. He also helped co-found Tech Target subsidiary of IT Industry. Before he began his professional career he was living with his family in Washington D.C. and attended college at the University of St. Louis. He later attended law school at Amercian University. While he was attending law school he was working as a journalist for the Washington Star.
Bruce Levenson is an active philanthropist. He participates in the Hoop Dreams Foundation and the Have A Dream Foundation which helps provide an education to low-income families. He also is a U.S. Holocaust Museum donor. His grandmother was a Holocaust survivor. He also makes notable contributions to the Seeds of Peace and SEED Foundation.
James Dondero who is the current CEO of Highland Capital Management recently said in an interview that his firm had predicted that something had to give in 2014 when looking at Argentina and what a resource rich country they were. At the time they were minimizing their production and depleting their foreign reserves. This set them up for failure. The country was a financial outcast due to the fact that they had price manipulations, very bad tax policies and large subsidies and this all led to a turning point. James Dondero and his team predicted this would happen as well as knowing that this will cause the bonds to trade at a higher price because they had to settle with holdouts.
The company, Highland Capital Management will be looking beyond just the sovereign debt and is also looking for other investment opportunities as well as starting an Argentina fund. Those other companies similar to Highland Capital that are also holding the sovereign debt might also be looking to reinvest into the country once they are paid. This is latest information from analyst Sebastian Rondeau and Jane Bauer from Bank of America Corp.
The same analyst also mentioned in a March 3rd report that there had been an expectation that those distressed investors would exit the country upon completion of the transaction but this is not the case as many funds are creating dedicated Argentina funds to re-invest in private equity, equity and debt. They believe the new bond is priced very well and is a good investment compared to other Argentina assets. For a full recap on the report please visit the Bloomberg Business website.
Jim Dondero or as most people know him, James Dondero attended the University of Virginia where he graduated with honors. He received Beta Alpha Psi and Beta Gamma Sigma which are the highest accolades from the McIntire School of Commerce. James studied a dual major in both Finance and Accounting. Jim is also a certified public accountant, chartered financial analyst as well as a certified management accountant. As well as being involved as the CEO of Highland Capital Management he is the current chairman of Cornerstone Healthcare and NexBank. Jim also serves on the board of the MGM Studios and American Banknote. All this has kept James Dondero humble and active within the community.
Majeed Ekbal is an American citizen who ventures in the development of town residential and real estates in Chicago city. Ekbal pursued his higher level education at the University of America. Majeed Ekbal has also widely contributed to the innovation of the new modern real estate selling designs. He is a new business developer and a professional in marketing who has been in the industry for more than ten years.
He previously worked with digital market institutions and the Avenue razor fish. He specializes in the offering of digital marketing services, management of budgets, the development of partnerships deals, and branding. His expertise in the real estate market has led to the creation of new modern designs in New York real estate. Mr. Majeed Ekbal is responsible for all social media marketing and market planning development in the real estate new phase.
Majeed Ekbal also ventures highly in relationship management and healthcare marketing. According to the gofundme.com news, an earthquake hit Nepal and left many people homeless and other injured. The natural calamity occurred on 12th May 2015. The earthquake affected two districts of Nepal, Dolakha and Sindhupalchowk. The natural disaster caused panic to the residents of Nepal where an estimated number of one hundred and fifty-three people died whereas more than three thousand two hundred citizens were left as casualties. The release implied that one thousand seven hundred people were still on medication by 15th May.
Majeed Ekbal got touched by the situation and organized a go fund me campaign that its primary aim was to raise money and present the money to help the victims affected by the earthquake. Majeed added that he had friends around the city of Nepal, and he was on the move to help collect as much as money as possible. He added that he was going to take the collected money and present it into a rise crowd campaign that he had already been contributing. Ekbal urged the well-wishers to offer their financial support to help establish other shelters for the victims and pay for the victims’ medical fee.
Ekbal Majeed has helped run many charity moves to help the needy. His moves impress many people.