The developer of the Carolina Panthers headquarters and practice facility in Rock Hill, S.C., has put forward a proposal to settle claims arising from the abrupt cancelation of the $800 million project earlier this year.
GT Real Estate Holdings, LLC (GTRE), established by Panthers owner David Tepper to oversee the project, filed the Plan of Reorganization in U.S. Bankruptcy Court for the District of Delaware in mid-August, having announced two months earlier that it had begun a court-led financial restructuring process.