HomeNewsNewsPanthers’ project bankruptcy filing means bad news for businesses

Panthers’ project bankruptcy filing means bad news for businesses

ROCK HILL, S.C. (WBTV) -The final blow for the Panthers project in Rock Hill was issued Wednesday night when David Tepper’s company GT Real Estate Holdings filed for chapter 11 bankruptcy.

The company was created specifically for this project and the deal with the city of Rock Hill and York County. A statement from Tepper’s company says it is all an effort to “achieve the project’s orderly and safe wind down.”

The news churned up a plethora of different emotions for the city of Rock Hill and its stakeholders. With the fallout of this dead project comes the utter disappointment of people who had personal stake in this project.

Related: Owner dodges questions on Eastland, Rock Hill and Uptown District as hints about stadium renovations emerge

While many York County and Rock Hill officials have kept their lips sealed on this matter, State House Representative Gary Simrill says he is “Disappointed in this latest action from…

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