Garrett Kelleher, the Irish developer trying to restore Chicago’s status as home to the tallest building in the U.S., has one last chance to keep his dream alive.
Professional Veterinary Products Ltd., a Nebraska-based veterinary supply distributor, sought protection from creditors, citing slumping sales in the faltering economy.
Pinnacle Airlines Corp., which provides regional flights for Delta Airlines Inc. and United Continental Holdings Inc., sought bankruptcy protection after costs rose and revenue declined.
Urban Brands Inc., the owner of Ashley Stewart clothes stores in the U.S., sought bankruptcy protection in Delaware.
Chem Rx Corp. , a provider of pharmacy services to nursing homes and correctional facilities, sought bankruptcy protection from creditors to restructure.
W.R. Grace & Co. , a producer of catalysts used in oil refining, said the amount it will need to borrow to exit almost a decade of bankruptcy dropped to $600 million after its cash holdings swelled.