In the words of federal bankruptcy court Judge Karen Owens—the Carolina Panthers, owner David Tepper and York County have reached “the finish line.”
From a Delaware court hearing on Thursday, Owens approved the bankruptcy settlement from Tepper’s real estate holding company, GT Real Estate (GTRE)—thus ending the final link to the failed Rock Hill, S.C. relationship. The settlement will pay York County the $21 million it dished out for the proposed Panthers headquarters and $60 million to the contractors who worked on the project before it was halted back in March.
