CHARLOTTE, N.C. – Companies linked to Carolina Panthers owner David Tepper are being sued for more than $21 million by York County over “improperly utilized’’ funds the South Carolina county spent toward building infrastructure around the site of what was supposed to be the team’s new headquarters -- a project that recently was terminated.
The city of Rock Hill, where the facility was being built, also was included in the suit along with Tepper’s Appaloosa Management LP, DT Sports Holding LLC and Tepper Sports Inc.
The suit, filed late Thursday, comes less than a month after the project was canceled and Tepper’s real estate company, GT Real Estate Holdings, filed Chapter 11 bankruptcy on the project, estimated to cost $800 million.