Chicago Spire Developer Wants Ch. 11 Moved To Ill.

Law360, Wilmington (October 24, 2013, 8:27 PM EDT) -- The Chicago Spire developer, hit in Delaware with an involuntary bankruptcy petition earlier this month, said Thursday it wants the case moved to the Windy City, a community it argues will be much more affected by the outcome and where all of the major stakeholders are located.

Shelbourne North Water Street LP — which is developing the ill-fated construction project that was meant to be the tallest residential building in the world and the highest structure in the Western Hemisphere — asked that the involuntary Chapter...
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