Shelbourne Hands Related Control Of Chicago Spire Site

Law360, New York (November 4, 2014, 4:17 PM EST) -- The Related Cos. LP has taken over the site of the stalled Chicago Spire project, after bankrupt real estate developer Shelbourne North Water Street LP handed over the deed rather than continuing what had been a lengthy court battle.

It was a relatively low-key conclusion to a long-running fight over what had been slated to be the tallest building in the Western Hemisphere, at 150 stories, but that never got past the digging of the foundation.

The pieces started to fall into place Monday evening, when Related withdrew, with prejudice, a motion urging U.S. Bankruptcy Judge Janet S. Baer to force...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents

Related Sections

Law Firms