David Tepper, the billionaire who owns Carolina Panthers, put his real estate development company GT Real Estate Holdings LLC into bankruptcy to wind down its unfinished work building the NFL team’s new headquarters and practice facility and address vendors and contractors’ claims.
GT Real Estate will use the bankruptcy process to “address its legitimate creditor claims, as well as to preserve, protect and enhance” the 234-acre site in Rock Hill, S.C., according to a statement on its Chapter 11 filing late Wednesday.
“In recent weeks, GTRE has been confronted with various claims, some valid and some not, from vendors, contractors ...
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