Atlanta Hawks Franchise

Atlanta Hawks’ previous owners file suit against AIG

AHBE LLC has filed a lawsuit against AIG for their failure to pay claims relating to the termination of Danny Ferry, who had been the General Manager of the team. The ABHE were the owners of the Atlanta Hawks NBA franchise and Bruce Levenson was a controlling partner.

The suit, claiming that AIG acted in bad faith and failed to honor an existing contract, was filed in Fulton County (Georgia) on September 13, 2016. ABHE had an existing policy to cover loss claims involving “Wrongful Termination” and “Workplace Torts”. They contend that the claims asserted by Ferry should have been covered under the policy. According to the suit, AIG has failed to concede that a claim was made and that those claims should have prompted the policy to pay out.

The lawsuit is unrelated to the current ownership group, led by Antony Ressler and Grant Hill, and while they have acknowledged the existence of the lawsuit, they have nothing more to say on the matter.

Mr. Levenson is the co-founder of Unified Communications Group (UCG), a company known for its award-winning content and conferences. Along with Ed Peskowitz, Levenson started the company in 1977 with an initial focus on the energy industry. Time Magazine reveals that the company was one of the first to distribute information in an electronic format, allowing them to deliver the news in a way that was well-timed to the industry’s needs. UCG has continued to grow and prosper, adapting to the changing market needs. The company created the popular GasBuddy app, which is available on both iTunes and Google Play.

Mr. Levenson is a graduate of Washington University and the law school at American University. According to PR News, his philanthropic endeavors have included working with the I Have a Dream Foundation and the Hoop Dreams Foundation.


Business News, CEO Profiles

Mike Baur: Swiss Start-Up Factory Founder

Mike Baur is the founding partner at the Swiss Start-up Factory AG. He has ver two decades of professional experience in the banking industry in Swiss. He is responsible for financing and fundraising rounds at the Swiss Start-up Factory.


The Swiss Start-up Factory was launched in 2014. This is a Zurich-based accelerator which looks for entrepreneurs. The company provides exciting opportunities through their strong network all-over-the-world. They are running a three-long start-up accelerator package to provide a platform for services through mentoring, coaching, and a Zurich office space. They also offer an entrepreneurial network geared towards achieving their unique goals.


Mike Baur has been joined by one of the founders of the Swiss Start-up Factory as an advisor and investor to firms that hope to establish themselves in the present-day market. For over two years, Michael Hartweg gave up his role as the operations manager at Leonteq. He has then sold his stakes in the specialist derivatives.


During this past week, he has joined the ranks of those that dropped from the daily financial strategies. He has become one of the biggest investors in the fintech fledgling industry. He joined the Swiss Start-up Company. He has taken up the role of coaching companies and founders in the fintech business world.


To Select the Best

The former banker at Salford and Clariden, Mike Baur, founded the Swiss Start-Up Factory. He founded the company with the main aim of supporting young founders and entrepreneurs through the digital technology.


The 44-year-old Hartwig will invest in the selected developed startups from the company itself. He will mark the startups with the best investors according to their fields. He will also coach and evaluate the companies throughout their development cycle.


The Accelerator Program

The company is planning to introduce an accelerator program this spring. The launch will focus on the companies including fintech. Mike Baur’s company is working together with the fintech-accelerated Geneva-based Fusion.


Mike Baur’s home is in Switzerland. He is strongly connected with the country. The Banking and Finance subject fascinated him while he was still a teenager. For this reason, his satisfaction was fulfilled when he made it to the corporate financial world. His banking profession has seen him invent numerous strategies for a better world. He has spent more than two decades in the Swiss banking environment. He has come up with ways to develop a commercial enterprise. In 2004, Mike started his journey as an entrepreneur and founded the ICT startup accelerator.




Kate Hudson on Fabletics Success and Anniversary

On October 20th, 2016 Maggie Maloney of Marie Claire wrote a piece on Kate Hudson and her Fabletics clothing brand, just as it is celebrating its third anniversary and many successes.
In the article, Kate highlighted the compounding pressures of not only co-founding a huge company, but doing so with the added pressure that comes with celebrity status. She explained the high standards set for her while being, “Under the microscope,” with everyone watching, and the added importance for her to, “Be on top of everything.”

It is safe to say that the added pressure has only helped fuel Kate and Fabletics further in all the right directions. Fabletics, which coined the term, “Athleisure,” to brand and describe their products, sells just that. It is an online retailer marketed towards women looking for fashion-forward and sexy athletic-wear-a market Kate felt was lacking. Customers sign-up to become on-line members and then pay to receive monthly outfits which are personalized to them based upon their lifestyle and fashion style.

Read more: A (Non-Sponsored) Fabletics Review

Kate and co-founders Adam Goldenberg and Don Ressler, were indeed smart to capitalize on such a market as well as the growing trend of subscription shopping on They now have over 400 employees, and a thousand customer service representatives, and currently rake in a revenue of a staggering $250 million per year. Kate wisely noted that with fast success comes fast pressure to keep up with that success as well as the demand for product. Proving even wiser in her business decision-making on YouTube, Kate noted that this year Fabletics will be branching out and extending its sizes, no doubt enabling them to reach a broader customer base as well as appeal to consumers as a company concerned with ethics and being as non-discriminatory as possible. With its savvy style, unique merchandise, and covergirl co-founder, Fabletics is keeping up with the ranks of other subscription surprise shopping retailers as JustFab, AdoreMe, and Smashbox Cosmetics. With such staggering success in three short years, Fabletics has proved to have staying power as well as momentum. Stay tuned to follow the companies future success, and to see what move is next for the brands All-American spokes-model and co-founder.


Waiakea, Water

Waiakea’s Revolutionary Water Options

There are not many companies that are able to offer water that has actual healing properties, but Waiakea has managed to do that because they know that they are going to get the most out of the water that they have to offer and they want people to be able to enjoy it.

It has allowed the creators of the company the chance to make sure that they are doing the best job possible in a business that can occasionally be hard for people who want to come up with both sustainable and profitable solutions to the bottled water problem. Learn more about Waiakea water:

When the Waiakea water was first started, it was as a result of someone who wanted to share the benefits of the water with everyone who had not had a chance to try it in the past.

According to Noob Prenuer, this meant that the person wanted to make sure that people could enjoy Waiakea water and the benefits that came with the volcanic runoff without ever having to make a trip to Hawaii. He wanted everyone to be able to access the benefits from the comfort of their own home by simply going to the convenience or grocery store to get the water.

Waiakea water is bottled at the source. This is the easiest way for the company to do it sustainably. They use a special process that allows them to cut down on the number of fossil fuels that are used. They can also reduce the amount of toxins that are released into the environment by using this bottling process.

It has allowed them to do more for the environment than any other bottled water company was able to do in the past and because it makes them better with the way that things are done in their own company.

The Waiakea water company also works to provide charitable efforts to people who are less fortunate. They want to make sure that everyone has access to clean drinking water. They do this by donating a portion of their proceeds to water charities.

This, in turn, helps people who live in third world countries get the access to bottled water that they need. They want to make sure that the people who are in these countries are able to have clean drinking water whether or not they are able to afford it and whether or not they can work to gain access to it.