Pat Lenius is a veteran business-to-business writer/editor. Her editorial experience includes 10 years as managing editor of Supply House Times. She is now a freelance writer/editor based in the Chicagoland area. She can be reached at patlenius@yahoo.com
Almost immediately following its early December filing of Chapter 11 in the U.S. Bankruptcy Court for the Northern District of Illinois - Eastern Division, multi-branch wholesaler Builders Plumbing & Heating Supply Co., based in Addison, Ill., requested the court's permission to sell substantially all of its assets. In its petition, the wholesaler said it owed its lenders about $29.4 million.