GT Real Estate Holdings, LLC

  1. September 07, 2022

    SC City Sues Firm Tied To Carolina Panthers For $20M

    The city of Rock Hill, South Carolina, sued a bankrupt development interest of Carolina Panthers owner David Tepper in a Delaware Chapter 11 adversary proceeding Wednesday, seeking recovery of a $20 million infrastructure subsidy for a new headquarters complex, plus other damages.

  2. July 21, 2022

    Crypto Dominos Keep Falling, J&J Wants Talc Injunction

    Another cryptocurrency player succumbs to marketwide distress, Johnson & Johnson's bankrupt talc unit seeks a pause of talc suits brought by state attorneys general and a $21 million settlement in the liquidation of defunct law firm LeClairRyan is drawing appeals from the bankruptcy watchdog. This is the week in bankruptcy.

  3. July 15, 2022

    Panthers Owner's Firm Sues To Block $21M SC Stadium Claim

    A bankrupt real estate venture owned by an interest of Carolina Panthers owner David Tepper has sued a South Carolina county in Delaware's bankruptcy court, challenging the county's suit in state court seeking a return of $21 million it contributed to a scuttled, $800 million practice complex.

  4. June 30, 2022

    Panthers' HQ Builder Told To Revise $20M Loan Docs

    The company behind a scuttled project to build a new headquarters and practice facility for the Carolina Panthers failed Thursday to secure final approval of a $20 million loan to finance its Chapter 11 bankruptcy after a judge in Delaware found too many issues with the financing documents.

  5. June 29, 2022

    Creditors Seek To Move Ch. 11 Of Panthers' HQ Builder To SC

    The general contractor and other creditors of a failed $800 million Carolina Panthers headquarters project objected Wednesday to the bankrupt developer's request for $20 million in financing and urged a Delaware bankruptcy court to move the company's Chapter 11 case to South Carolina.

  6. June 29, 2022

    Sears Lease Fight Hits High Court, Gulf Coast Plan Approved

    The U.S. Supreme Court took up a lease fight between Sears Holdings and the Mall of America, Gulf Coast Health Care got its Chapter 11 plan confirmed, and contractors owed money by the owner of the Carolina Panthers want a bankruptcy venue transfer. This is the week in bankruptcy.

  7. June 07, 2022

    US Trustee Fee Hike Nixed, Infowars To Drop Its Ch. 11 Case

    The U.S. Supreme Court has struck down a law raising U.S. Trustee's Office fees, podcast conspiracy theorist Alex Jones is dropping Infowars' Chapter 11 case, and the Carolina Panthers' owner moved a real estate development venture into bankruptcy. This is the week in bankruptcy.

  8. June 06, 2022

    Panthers' Real Estate Co. Can Draw Up To $5M On Ch. 11 Loan

    The company behind a failed Carolina Panthers headquarters project received approval on Monday from a Delaware bankruptcy judge to start drawing on $20 million in Chapter 11 financing, after objections to rolling up $3.2 million in prebankruptcy debt in the deal were resolved.

  9. June 03, 2022

    Ch. 11 Cheat Sheet: GT Real Estate Holdings

    GT Real Estate Holdings LLC, a development entity associated with the owner of the Carolina Panthers, filed for Chapter 11 protection June 1 in Delaware bankruptcy court after public funding pledges failed to materialize for a sprawling practice and office facility for the NFL team. Construction of the project was shut down in March, and the debtor is planning to ensure the safety and security of the partially constructed facility through its bankruptcy case.

  10. June 03, 2022

    Failed Funding For Panthers Complex Blamed For Co.'s Ch. 11

    A public funding fumble triggered the collapse and bankruptcy of an $800 million project to build a new Carolina Panthers football team headquarters and practice complex in South Carolina, according to a Chapter 11 filing in Delaware by a top adviser to debtor GT Real Estate Holdings.