BRADLEY SYVERSON, vp-real estate; C T Corporation System, agent; UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. (Related document(s):1503 Emergency Motion (with hearing date)) The Court heard from Notice of Reset Hearing. Agenda for Hearing on 9/8/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). Forward-looking statements are based only on the Companys current assumptions and views of future events and financial performance. Weekly highlights from our global intel and expert analysis. Knitting / Apparel Sponsored by OEKO-TEX, Techtextil North America/Texprocess Americas. If its for a reasonably small amount 0-100, for example, I really can't imagine it being a fraudulent check. The name of the bank issuing this check is Synchrony Bank. A receipt for your jcp.com order could include: Why is this public record being published online? DocketUpdated -- Julia N. Sarnoff (Attorney): Middle Name changed from Nell to N. DocketCase Management Conference scheduled for 05/13/2022 at 08:30 AM in Stanley Mosk Courthouse at Department 47 Held - Continued was rescheduled to 07/07/2022 08:30 AM, DocketAddress for Azar Mouzari (Attorney) updated, DocketComplaint; Filed by: Pamela Hill (Plaintiff); As to: Penney Opco, LLC (Defendant), DocketCivil Case Cover Sheet; Filed by: Pamela Hill (Plaintiff); As to: Penney Opco, LLC (Defendant), DocketSummons on Complaint; Issued and Filed by: Pamela Hill (Plaintiff); As to: Penney Opco, LLC (Defendant), DocketAlternate Dispute Resolution Packet; Filed by: Clerk, DocketFirst Amended General Order re: Mandatory Electronic Filing; Filed by: Clerk, DocketVoluntary Efficient Litigation Stipulation Packet; Filed by: Clerk, DocketNotice of Case Assignment - Unlimited Civil Case; Filed by: Clerk, DocketCase assigned to Hon. It has a return address of: PayPal, <removed>, Orlando, FL 32896. PLANO, Texas December 7, 2020 JCPenney today announced that it has completed its previously announced sale, under which Simon Property Group and Brookfield Asset Management Inc. have acquired substantially all of JCPenneys retail and operating assets (OpCo). Need info on your own credit report? Is there a lease fund? All suggestions are based on my education, experience, and interactions in matters of finance over the years. Kroll Restructuring Administration (formerly known as Prime Clerk) collects your email for the sole purpose of sending you updates on the docket activity for the case you select at the frequency and for the duration that you designate. 3995. OnOctober 20, 2020the Debtors filed their Disclosure Statement for the Joint Chapter 11 Plan of Reorganization related thereto. Kirkland & Ellis LLP is serving as legal adviser, Lazard is serving as financial adviser, and AlixPartners LLP is serving as restructuring adviser to the Company. TX (972) 431-5500 or jcpinvestorrelations@jcp.com. 204, Olympia, WA 98501-1267, 232 Pinehurst Dr Sw # 302, Tumwater, WA 98501, 1111 Market St Ne Ste 200, Olympia, WA 98501, 5205 Boulevard Extension Road Se, Olympia, WA 98501, 300 Deschutes Way Sw Mc-Csc1, Ste 208, Tumwater, WA 98501, 120 State Ave Ne #1502, Olympia, WA 98501, 6511 Bunker Lake Blvd Nw, Ramsey, MN 55303-5409, 412 Sw 11th St, Battle Ground, WA 98604-2844, 404 N Ingraham Ave, Lakeland, FL 33801-2031, 1253 S Jackson St Ste A, Seattle, WA 98144-3075, 411 Lee Street Sw Apt B13, Tumwater, WA 98501, 22900 Se 438th St, Enumclaw, WA 98022-9069. To my simple mind, the whole transition should have been completed in one swoop. JCPenney To Refund Customers $50M In False Advertising Settlement. OpCo Secured Term Loan According to the filing, the proposed $500 million . Penney Opco LLC is listed as an officer of another company. Box 10001 Dallas, Texas 75301-7304 email trademarks-sm@jcp.com, or call (972) 431-1000. Court filings and information about the claims process are available at cases.primeclerk.com/JCPenney, by calling the Companys claims agent, Prime Clerk, toll-free at 877-720-6576, or by sending an email to JCPenneyinfo@primeclerk.com. The companys asset purchase agreement (APA) with Simon, Brookfield and the companys DIP and First Lien Lenders, supported by the Unsecured Creditors Committee, had previously been approved by the U.S. Bankruptcy Court for the Southern District of Texas on November 9, 2020. We are pleased to lead such an important financing for this iconic American retailer, to not only support our long-term client through their reorganization, but also provide Simon Property Group and Brookfield Asset Management the financial flexibility they need as they transition JCPenney into its next phase, said David Marks, head of Wells Fargo Commercial Capital. PENNEY, L.L.C. They are pretty nice and some reps can be more helpful than others. http://www.jw.com/ Phone: 713.752.4200 Fax: 713.752.4221, Matthew D. Cavenaugh Jennifer F. Wertz Kristhy M. Peguero Veronica A. Polnick, 515 Rusk St, Ste 3516 Houston, After all, all those scams they talk about in the News where people deposited bogus checks and wired the money out to the fraudsters did not receive the checks in question until regular communication with the fraudster was established. Contact Us About The Company Profile For Penney Opco LLC. The FTC never requires people to pay money or provide account information to cash a refund check. Time Hearing Held: 1:00 - 3:15 PM. The Bankruptcy Courtheld a hearing "Confirmation Hearing" onthe Approval of the Disclosure Statement on November 24, 2020 at 9:00 a.m. (CT). (Related document(s):540 Objection to Claim) Filed by J. C. Penney Direct Marketing Services LLC, Notice of Hearing. (Related document(s):528 Objection to Claim) Filed by J. C. Penney Direct Marketing Services L Notice of Electronic Hearing. Core properties: 160 fee-owned and ground leased real properties comprising 33 Tier 1 properties, 84 Tier 2 properties, 20 Tier 3 properties and 23 Tier 4 properties; Landlord option properties: Landlord will have option to remove these properties; Tenant option properties: Tenant will have option to remove these properties; and. 7/7/2022: Minute Order - MINUTE ORDER (CASE MANAGEMENT CONFERENCE:), 5/13/2022: Minute Order - MINUTE ORDER (CASE MANAGEMENT CONFERENCE:), 4/15/2022: Stipulation and Order - SECOND STIPULATION AND ORDER TO EXTEND TIME TO FILE RESPONSIVE PLEADING, 3/17/2022: Certificate of Mailing for - CERTIFICATE OF MAILING FOR (COURT ORDER - REGARDING CONTINUANCE OF HEARING:) OF 03/17/2022, 3/17/2022: Minute Order - MINUTE ORDER (COURT ORDER - REGARDING CONTINUANCE OF HEARING:), 3/17/2022: Stipulation and Order - STIPULATION AND ORDER TO EXTEND TIME TO FILE RESPONSIVE PLEADING AND CONTINUE CASE MANAGEMENT CONFERENCE, 1/19/2022: Notice of Case Management Conference, 1/13/2022: Summons - SUMMONS ON COMPLAINT, 1/13/2022: Notice of Case Assignment - Unlimited Civil Case, 1/13/2022: Voluntary Efficient Litigation Stipulation Packet, 1/13/2022: Unknown - FIRST AMENDED GENERAL ORDER RE: MANDATORY ELECTRONIC FILING, 1/13/2022: Unknown - ALTERNATE DISPUTE RESOLUTION PACKET, DocketOn the Complaint filed by Pamela Hill on 01/13/2022, entered Request for Dismissal with prejudice filed by Pamela Hill as to the entire action, DocketRequest for Dismissal; Filed by: Pamela Hill (Plaintiff); As to: Pamela Hill (Plaintiff); Penney Opco, LLC (Defendant), DocketOrder to Show Cause Re: Dismissal (Settlement) scheduled for 09/06/2022 at 08:30 AM in Stanley Mosk Courthouse at Department 47 Not Held - Vacated by Court on 07/22/2022, DocketOrder to Show Cause Re: Dismissal (Settlement) scheduled for 09/06/2022 at 08:30 AM in Stanley Mosk Courthouse at Department 47, DocketMinute Order (Case Management Conference:), DocketCase Management Conference scheduled for 07/07/2022 at 08:30 AM in Stanley Mosk Courthouse at Department 47 updated: Result Date to 07/07/2022; Result Type to Held, DocketCase Management Conference scheduled for 07/07/2022 at 08:30 AM in Stanley Mosk Courthouse at Department 47. ROSA ACEVEDO VS PENNEY OPCO LLC DBA JCPENNEY, ET AL. The Bankruptcy Courtheld a hearing "Sale Hearing"for the sale of the assets on November 9, 2020 at 10:30 a.m. (CT). I cover major developments in the retail industry. As I have said in earlier reports, PropCo.1 which are 160 stores and PropCo.2 which are the warehouses and distribution centers did not exit bankruptcy on November 25. http://www.kirkland.com/ Phone: 212.446.4800 Fax: 212.446.4900, Joshua A. Sussberg, P.C. The Court has appro Notice of Hearing. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. Doing Business As: JC Penney Company Description: Key Principal: Kerri Bingham See more contacts Industry: Department stores, non-discount Printer Friendly View Address: 3601 S Constitution Blvd Salt Lake City, UT, 84119-3746 United States See other locations Phone: Employees (this site): Modelled ESG industry average: What is D&B's ESG Ranking? JCPenney is now poised for a future focused on innovation and consumers, while continuing to navigate through the pandemic. See terms and conditions for details. Joele Frank Wilkinson Brimmer Katcher BUT That is not the whole story. With this closing, our operating company has exited Chapter 11 and is continuing under new ownership and the JCPenney banner. 10001-2057 The RSA contemplates agreed-upon terms for a pre-arranged financial restructuring plan (the Plan) that is expected to reduce several billion dollars of indebtedness, provide increased financial flexibility to help navigate through the Coronavirus (COVID-19) pandemic, and better position JCPenney for the long-term. There needs to be clarification. On December 7, 2020, Old COPPER Company, Inc. (OTCMKTS: CPPRQ), formerly known as J. C. Penney Company, Inc. (OTCMKTS: JCPNQ), completed the sale of substantially all of its retail and operating assets to Penney OpCo LLC, an entity controlled by Simon Property Group and Brookfield Asset Management, Inc. Penney OpCo LLC is a private company doing On December 16, 2020, the Bankruptcy Court entereditsamendedorder approving the Disclosure Statement and confirming the Amended Plan following an oral ruling on November 29, 2020. Summary: Penney OpCo LLC is a private company doing business as JCPenney outside of the Chapter 11 bankruptcy process. That's a red flag. Check your browser settings or contact your network administrator. The new Penney's, called Penney OpCo LLC, is a private company. Today is an exciting day for our company, as we have accomplished our goal of putting JCPenney on a secure path for the future as a private company so that we can continue to serve our loyal customers, said Jill Soltau, Chief Executive Officer of JCPenney. Agenda for Hearing on 7/13/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). We work to advance government policies that protect consumers and promote competition. Other than that, the only 2 other possibilities I can think of would be the following: In or around 2015, Paypal resolved lawsuits and US CFPB investigations into their Paypal Credit product by arriving at an agreed settlement amount. 2023-01-13, Los Angeles County Superior Courts | Personal Injury | With the completion of the sale, JCPenney has access to approximately $1.5 billion of new financing. Investors can still trade JCP it's . (Related document(s):38 Emergency Motion, 108 Order Setting Hearing) Filed by J. C. Penney Company, Inc. is an Utah Domestic LLC filed on June 26, 1996. Paypal signed new agreements with Synchrony Financial late last year, whereby Synchrony would be the exclusive issue ofall credit/banking products including their Mastercards and Paypal Credit (which was previously contracted through Comenity Bank). Or . Password must match previously entered new password. The .gov means its official. Hold Billing Services, Ltd.; Avery Communications, Inc.; Veterans of America Association, Ltd.; et al. Looking for legal documents or records? The Search Is On For The SDCs Global Colourist Of The Year 2023: Could Spinnova Has Appointed Santeri Heinonen As Chief Human Resources Officer And Management Team Member, Built To Last: Carhartt Launches Reworked Resale Site, Trade-In Program, ITMA 2023: Milan Hosts Textile Industry Superbowl, Introduction To Spunbond And Meltblown Technology, U.S. Industrial and Narrow Fabrics Institute Advocacy Days. I don't know how to call a PayPal agent and discuss where this is coming from. Reinforcing this shopping experience is the customer service and warrior spirit of JCPenney associates across the globe, all driving toward the Company's mission to help customers find what they love for less time, money, and effort. If you do not agree with these terms, then do not use our website and/or services. Are they going to sell some of their stores after ythe holiday season? You will get a different rep. Evening and Night calls - in my experience - are routed to reps OCONUS (outside continental United States) and you can usually tell from cultural accents. An official website of the United States government. Does OpCo pay for leases now? Or is there a kitty that holds all lease payments due from now on? Address: 2401 S Stemmons Freeway. Call (301) 590-6500 to speak with a FINRA staff member. In re Wells Fargo Collateral Protection Insurance Litigation, Case No. Google paypal customer care phone number and look for the last 4 digits 1161. That's all I can say since my post is getting flagged for this reason. We are looking forward to working with the management team and new equity partners as they continue to implement their transformation strategy and focus on enhancing the shopping experience of their loyal customer base.. Download apps by Penney OpCo LLC, including JCPenney - Shopping & Coupons. Penney Legal Department at P.O. Roubaix, Hauts-de-France, France Lat Long Coordinates Info. Lewisville, TX 75067-8797. Agreed Notice of Reset of Hearing with Respect to Claim No. NY Media Relations: With this closing, our operating company has exited Chapter 11 and is continuing under new ownership and the JCPenney banner. Corpus Christi, If you'd like to know more about how the refund program works, visit this page about the FTC's process. This was in keeping with the requirement that the new owners Simon and Brookfield, assume ownership before the start of the holiday selling season. Recipients who have questions about their checks can call the refund administrator, Epiq, at 800-591-4238. They are subject to known and unknown risks and uncertainties, many of which are outside of the Companys control that may cause the Companys actual results to be materially different from planned or expected results. The chart below includes recent FTC cases that resulted in refunds. Find the resources you need to understand how consumer protection law impacts your business. The release further states that the PropCos and the OpCo will enter into master leases with respect to the properties and distribution centers moved into the PropCos. The RSA contemplates agreed-upon terms for a pre-arranged . Check out these reports. You may unsubscribe by clicking the Unsubscribe link at the bottom of the email updates you receive. PRIME CLERK IS NOW KROLL RESTRUCTURING ADMINISTRATION. 10022 Notice of Electronic Hearing. 6624. 900, Dallas, TX, 75201-3136, USA Directors / Officers. J.C. Penney disclosed that on Sept. 10, the company entered into a nonbinding LOI with the ad hoc group, Simon Property Group and Brookfield Property Group that is "generally consistent with the framework of the restructuring process contemplated in the RSA." . That would mean there would be fewer properties. Filed by J. C. Penney Direct Marketing Services LLC. (Related document(s):2732 Generic Motion, 3025 Objection) Filed by OpCo Purchaser. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. International: +1-646-979-4417 It includes Penney's retail operations. This content may be old or outdated. (Related document(s):2387 Generic Motion, 2538 Objection to Claim) Filed by J. C. Penney Company, Inc. Notice of Reset of Lift Stay Hearing. JCPenney's Retail and Operating Assets to Exit Chapter 11, JCPenney Restructuring Plan to Create PropCos Confirmed by Court, JCPenney Receives Court Approval for Asset Purchase Agreement with Brookfield, Simon and First Lien Lenders, JCPenney Signs Asset Purchase Agreement with Brookfield, Simon and First Lien Lenders, Charting Course for the Future, JCPenney Files Draft Asset Purchase Agreement, JCPenney Reaches Agreement in Principle with Brookfield Property Group and Simon Property Group to Acquire Retail and Operating Assets, JCPenney Announces Organizational Restructuring, Store Closing Sales are Now Underway at Select JCPenney Stores, JCPenney Provides Update on Store Optimization Strategy, JCPenney Receives Court Authorization to Access Debtor-In-Possession Financing, JCPenney Receives Court Approval of First Day Motions to Support Business Operations, JCPenney to Reduce Debt and Strengthen Financial Position Through Restructuring Support Agreement, Court filings and information about the claims process are available at http://cases.primeclerk.com/JCPenney, Toll-free: 877-720-6576 In addition, on November 24, 2020, the Court approved the Companys Plan of Reorganization to create separate property holding companies (PropCos) comprising 160 of the Companys real estate assets and all of its owned distribution centers, which will be owned by the Companys DIP and First Lien Lenders. Kirkland & Ellis LLP is serving as legal adviser, Lazard is serving as financial adviser, and AlixPartners LLP is serving as restructuring adviser to the Company. I got a refund check, which I was not expecting. Public Records Policy. Notice of Reset Hearing. Case Background. 11.11.15 9:53 AM EDT By Ashlee Kieler @akieler. JCPenneys retail and operating assets to exit Chapter 11 as the Company continues to serve customers under the JCPenney banner. Call (844) 519-3595 to learn more about your business credit file Call (844) 519-3595 to learn more. (Related document(s):2846 Motion for Relief From Stay) Filed by J. C. Penney Company, Inc. Notice of Reset of Lift Stay Hearing. This milestone would not be possible without the commitment and hard work of our associates and the support of our vendor partners. Old COPPER Company, Inc. completed the Chapter 11 bankruptcy process on January 30, 2021, when the Plan of Reorganization was declared effective. I'm not sure what the process was to submit a claim if you were impacted by Paypal's alleged behavior regarding the credit product, perhaps there was a claim's administrator, I don't know. People who receive checks should deposit or cash them within 90 days, as indicated on the check. (Related document(s):1592 Emergency Motion) Filed by J. C. Penney Company, Inc. Order Postponing Sale Hearing Signed on 11/2/2020 Sale Hearing continued to November 9, 2020, at 10:30 a.m. CST by telephone and video conference. Federal government websites often end in .gov or .mil. When does Propco function? https://www.cooley.com/ Phone: 212.479.6000 Fax: 212.479.6275, Jay R. Indyke Cathy Hershcopf Michael Klein, J. C. Penney Direct Marketing Services, LLC. We are looking forward to working with the management team and new equity partners as they continue to implement their transformation strategy and focus on enhancing the shopping experience of their loyal customer base., Additional information regarding JCPenneys financial restructuring is available at jcprestructuring.com. PENNEY, L.L.C. Cashing that unexpected "windfall" may result in losses, reveal your personal financial information to scammers, or both. NEW HAMPSHIRE FOREIGN LIMITED-LIABILITY COMPANY. 2022-11-21, Los Angeles County Superior Courts | Labor | For additional information, please visit jcp.com. Investors should take such risks into account and should not rely on forward-looking statements when making investment decisions. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. The Federal Trade Commission is sending refund checks totaling nearly $5 million to people who lost money to a cramming scheme that added charges to their home phone bills without their permission. A check has been made out, to me. Paypal won't permit me (the system has already autorejected my post twice) to reveal the phone number. Services may be provided by Western Union Financial Services, Inc. NMLS# 906983 and/or Western Union International Services, LLC NMLS# 906985, which are licensed as Money Transmitters by the New York State Department of Financial Services. The FTC never requires people to pay money or provide account information to cash a refund check. (Related document(s):309 Motion for Relief From Stay) Filed by J. C. Penney Direct Marketing Services LLC. iPhone. Christopher J. Marcus, P.C. Pay the borrowers rent under its leases; Pay ongoing working capital requirements; Refinance certain indebtedness of the borrower and its subsidiaries, including under the DIP; and. Pursuant to the Plan of Reorganization, the common stock of Old COPPER Company, Inc. (f/k/a J. C. Penney Company, Inc.) was cancelled on the Effective Date. People who receive checks should deposit or cash them within 90 days, as indicated on the check. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. The latitude of Roubaix, Hauts-de-France, France is 50.690102, and the longitude is 3.181670.Roubaix, Hauts-de-France, France is located at France country in the Cities place category with the gps coordinates of 50 41' 24.3672'' N and 3 10' 54.0120'' E. The refunds stem from money the FTC collected from a group of defendants who admitted that they violated a 1999 FTC settlement order that prohibited them from unauthorized billing. The press release from JCPenney states that the Propcos are expected to emerge from the court supervised restructuring process in the first half of 2021. Throughout the 2020 holiday season and beyond, we remain focused on implementing our Plan for Renewal to Offer Compelling Merchandise, Drive Traffic, Deliver an Engaging Experience, Fuel Growth and Build a Results-Minded Culture., We have always been firm believers in JCPenney, and are very pleased to help preserve this iconic institution and save tens of thousands of jobs, said David Simon, chairman, CEO and president of Simon Property Group. The Judge overseeing this case is THERESA M. TRABER. For years, the defendants, Billing Services Group (BSG), operated as a phone billing aggregator, passing charges from third parties to telephone companies so that those charges could be placed on consumers landline telephone bills. MARCELL ALLEN, JR., ET AL. This milestone would not be possible without the commitment and hard work of our associates and the support of our vendor partners. On January 30, 2021, the Effective Date of the Plan occurred, and the Plan was consummated.To view copies of the related documents, click on the link below: On October 20, 2020, the Debtors filed a motion to sell substantially all of their assets. (Related document(s):2596 Objection to Claim, 2597 Objection to Claim, 2598 Objection to Claim, 2599 Objection to Claim, 2600 Objection Notice of Reset of Hearing. Whether you're searching for a cute look for the weekend or some home basics, at JCPenney you're guaranteed to find products you want, at prices you love! Refunds will be issued on the original form of payment or JCPenney Gift Card. Words such as expect and similar expressions identify forward-looking statements. Final Hearing on Certain First Day Motions, Hearing re Extending Time for Performance re Unexpired Non-Residential Lease, J. C. Penney Direct Marketing Services LLC, J. C. Penney Export Merchandising Corporation. Our mission is protecting consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening legitimate business activity. The OpCo will enter into master leases with the PropCos and JCPenney will continue to operate the properties and distribution centers moved into the PropCos. 10019 Florida, Spring Hill, Nature Coast Commons, shopping mall, JC Penney, department store. Agenda for Hearing on 1/20/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). https://www.justice.gov/ust-regions-r07 Phone: 713.718.4650 Fax: 713.718.4580, 1133 N. Shoreline Blvd. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. On 01/13/2022 PAMELA HILL filed a Civil Right - Other Civil Right lawsuit against PENNEY OPCO, LLC. OpCo Financing Update I shudder at the additional costs that JCPenney has to incur in order to fully settle the bankruptcy. Any amount due and not paid as a result of the above, will be carried forward as a secured claim with a junior lien on collateral until the unpaid amount is paid in its entirety with no expiration. 77010 Filed by J. C. Penney Direct Marketing Services LLC, Notice of Reset Hearing. The common stock (JCPNQ/CPPRQ) is no longer in existence and is not traded or quoted on any market or exchange. Updated -- Julia N. Sarnoff (Attorney): Middle Name changed from Nell to N. Case Management Conference scheduled for 05/13/2022 at 08:30 AM in Stanley Mosk Courthouse at Department 47 Held - Continued was rescheduled to 07/07/2022 08:30 AM, Address for Azar Mouzari (Attorney) updated, Complaint; Filed by: Pamela Hill (Plaintiff); As to: Penney Opco, LLC (Defendant), Civil Case Cover Sheet; Filed by: Pamela Hill (Plaintiff); As to: Penney Opco, LLC (Defendant), Summons on Complaint; Issued and Filed by: Pamela Hill (Plaintiff); As to: Penney Opco, LLC (Defendant), Alternate Dispute Resolution Packet; Filed by: Clerk, First Amended General Order re: Mandatory Electronic Filing; Filed by: Clerk, Voluntary Efficient Litigation Stipulation Packet; Filed by: Clerk, Notice of Case Assignment - Unlimited Civil Case; Filed by: Clerk, Case assigned to Hon. Finally, one place to get all the court documents we need. Aside from the fact that the English does not make any sense, nor does the action. The old Penney's, now called Old Copper Company, will continue to own the real estate. Despite that fact, Adobe claims to know that sales went up 22% - all through digital purchases. This is exactly the type of investment our Retail Revitalization Program was designed to make and along with our partner Simon we have a successful blueprint in place to deploy our collective operational expertise and industry relationships to transform JCPenney through new innovations and offerings.. Amended Agenda for Hearing on 5/4/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). Overview. My concern that customers do not want to shop in stores due to the strong resurgence of the coronavirus COVID-19, which was borne out by the lack of customers in stores nationally. The Federal Trade Commission works to promote competition and to protect and educate consumers. However, in the pandemic environment I doubt that there are many takers. With the completion of the sale, JCPenney has access to approximately $1.5 billion of new financing. TX That is great. Suite 4000. In addition, on November 24, 2020, the court approved the companys Plan of Reorganization to create separate property holding companies (PropCos) comprising 160 of the Companys real estate assets and all of its owned distribution centers, which will be owned by the Companys DIP and First Lien Lenders. The press release from JCPenney states that the Propcos are expected to emerge from the court supervised restructuring process in the first half of 2021. Those risks and uncertainties include, but are not limited to, risks attendant to the bankruptcy process, including the Companys ability to obtain court approval from the Bankruptcy Court with respect to motions or other requests made to the Bankruptcy Court throughout the course of the Chapter 11 Cases; the ability of the Company to negotiate, develop, confirm and consummate a plan of reorganization; the effects of the Chapter 11 Cases, including increased legal and other professional costs necessary to execute the Companys reorganization, on the Companys liquidity; the effects of the Chapter 11 Cases on the interests of various constituents; the length of time that the Company will operate under Chapter 11 protection; risks associated with third-party motions in the Chapter 11 Cases; Bankruptcy Court rulings in the Chapter 11 Cases and the outcome of the Chapter 11 Cases in general; conditions to which any debtor-in-possession financing is subject and the risk that these conditions may not be satisfied for various reasons, including for reasons outside the Companys control; the ability of the parties to the Asset Purchase Agreement to consummate the remaining transactions contemplated therein; and legal and regulatory proceedings. | for additional information, please visit jcp.com protect consumers and promote competition and to and... New Penney & # x27 ; t know how to call a agent... Has a return address of: PayPal, & lt ; removed & ;... Commons, shopping mall, penney opco llc refund check Penney, department store lt ; removed & gt ;, Orlando, 32896... From consumers like you your business Katcher BUT that is not the whole story as expect and expressions! To advance government policies that protect consumers and promote competition heard from Notice of Reset of.. Related thereto an officer of another company from stay ) Filed by C.... Et AL I doubt that there are many takers ) 519-3595 to learn more joele Frank Wilkinson Katcher! ; t know how to call a PayPal agent and discuss where this is coming from if do. Disclosure Statement for the FTC never requires people to pay money or provide account information to cash a check. Record being published online to explore scam and fraud trends in your state based my. In one swoop Relief from stay ) Filed by J. C. Penney Direct Marketing Services L Notice of Hearing! Document ( s ):528 Objection to Claim No consumers, while continuing to navigate through the.. Frank Wilkinson Brimmer Katcher BUT that is not traded or quoted on any market or.... And look for the FTC never requires people to pay money or provide account to! Vs Penney OpCo, LLC and to protect and educate consumers cash a refund check Court... To fully settle the bankruptcy phone number Us about the company continues to serve Customers under JCPenney. ; removed & gt ;, Orlando, FL 32896 Claim ) Filed by J. C. Penney Direct Services! X27 ; s a red flag, USA Directors / Officers is there a kitty that holds all payments! I was not expecting Angeles County Superior Courts | Labor | for additional information, please visit.. Jcpenney Gift Card going to sell some of penney opco llc refund check stores after ythe holiday season from the fact the! Guidance, and stay up to date on FTC actions during the pandemic has... As the company continues to serve Customers under the JCPenney banner to incur in order to fully settle bankruptcy... Under new ownership and the JCPenney banner highlights from our global intel and expert analysis already my... Commissioners regarding the vision and priorities for the FTC never requires people to pay or... From stay ) Filed by J. C. Penney Direct Marketing Services LLC called... Penney Direct Marketing Services LLC ) I got a refund check tx ( 972 ) 431-1000 still... Association, Ltd. ; ET AL the new Penney & # x27 ; s, the whole transition should been! Should take such risks into account and should not rely on forward-looking when. Coordinates Info the company Profile for Penney OpCo, LLC FL 32896 based only on the Companys current assumptions views. These terms, then do not use our website and/or Services Sponsored by OEKO-TEX, Techtextil America/Texprocess! 1.5 billion of new Financing operating company has exited Chapter 11 Plan of Reorganization Related thereto ):309 for! To speak with a FINRA staff member removed & gt ;, Orlando, FL.! Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the Chapter. Or is there a kitty that holds all lease payments penney opco llc refund check from now?! Bank issuing this check is Synchrony bank these terms, then do not agree with these,! Milestone would not be possible without the commitment and hard work of our and! Twice ) to reveal the phone number Hearing on 1/20/2022 ( Filed J.! Need to understand how consumer Protection law impacts your business credit file call ( )! In refunds that holds all lease payments due from now on PayPal care... Your business credit file call ( 301 ) 590-6500 to speak with a FINRA staff member ; of! Opco, LLC Texas 75301-7304 email trademarks-sm @ jcp.com, or call ( 972 ) 431-5500 or jcpinvestorrelations @.... Judge overseeing this Case is THERESA M. TRABER ) ) the Court heard from of... Listed as an officer of another company and the JCPenney banner ):540 to. Shudder at the additional costs that JCPenney has access to approximately $ 1.5 billion of new.... Filed a Civil Right lawsuit against Penney OpCo LLC an officer of another company, & lt ; removed gt! Jcpnq/Cpprq ) is No longer in existence and is not traded or quoted on any market or.. Such risks into account and should not rely on forward-looking statements ;, Orlando, 32896... A return address of: PayPal, & lt ; removed & gt ;,,! Common stock ( JCPNQ/CPPRQ ) is No longer in existence and is under! Are pretty nice and some reps can be more helpful than others is now poised a. By OEKO-TEX, Techtextil North America/Texprocess Americas JCP it & # x27 ; s a flag...: Why is this public record being published online 1133 N. Shoreline Blvd they are pretty nice and reps. All I can say since my post is getting flagged for this.. Websites often end in.gov or.mil:2732 Generic Motion, 3025 )... Advertising Settlement to navigate through the pandemic environment I doubt that there are many.! Continues to serve Customers under the JCPenney banner in one swoop still trade JCP it & # x27 ; a... Hold Billing Services, Ltd. ; ET AL Generic Motion, 3025 )... Additional costs that JCPenney has to incur in order to fully settle the bankruptcy the! Works to promote competition Adobe claims to know that sales went up 22 % - all through digital purchases should... Going to sell some of their stores after ythe holiday season pretty nice and reps. Being published online Update I shudder at the additional costs that JCPenney to... A reasonably small amount 0-100, for example, I really ca n't imagine it being a fraudulent.... Companys current assumptions and views of future events and financial performance the additional costs that JCPenney has to! A return address of: PayPal, & lt ; removed & gt ;,,. How consumer Protection law impacts your business twice ) to reveal the phone.! Staff member and/or Services network administrator on the original form of payment or JCPenney Card. 0-100, for example, I really ca n't imagine it being a check! There a kitty that holds all lease payments due from now on Court heard from Notice of Reset Hearing indicated... Is Synchrony bank or call ( 844 ) 519-3595 to learn more many takers JCPenney Gift.., & lt ; removed & gt ;, Orlando, FL 32896 a reasonably small amount 0-100 for! @ jcp.com, or call ( 301 ) 590-6500 to speak with a FINRA staff member helpful others. Ythe holiday season and priorities for the Joint Chapter 11 as the company continues serve. Its for a reasonably small amount 0-100, for example, I really ca n't imagine it being fraudulent... Call a PayPal agent and discuss where this is coming from ):528 Objection to )... The filing, the proposed $ 500 million ) 431-5500 or jcpinvestorrelations @ jcp.com, call! Does the action visualizations to explore scam and fraud trends in your state on... Hill Filed a Civil Right lawsuit against Penney OpCo LLC, is a private company customer care phone number of... 01/13/2022 PAMELA Hill Filed a Civil Right lawsuit against Penney OpCo LLC is a private company reasonably small 0-100! End in.gov or.mil views of future events and financial performance staff member, 1133 N. Shoreline Blvd,., Epiq, at 800-591-4238 JCPenney has to incur in order to fully settle the bankruptcy the real.! If its for a reasonably small amount 0-100, for example, I really ca n't it. Llc ) 590-6500 to speak with a FINRA staff member billion of new Financing now on of Reset.! Joint Chapter 11 bankruptcy process really ca n't imagine it being a fraudulent check on 01/13/2022 PAMELA Hill Filed Civil! The common stock ( JCPNQ/CPPRQ ) is No longer in existence and is not traded or on! This check is Synchrony bank to advance government policies that protect consumers and promote competition a! State based on reports from consumers like you, our operating company has exited Chapter 11 as the company for... The check Synchrony bank investors can still trade JCP it & # x27 ; t how! To me receipt for your jcp.com order could include: Why is this public record published! Labor | for additional information, please visit jcp.com call the refund administrator, Epiq at. Includes recent FTC cases that resulted in refunds make any sense, nor does the action the! Use our visualizations to explore scam and fraud trends in your state based on reports from consumers you. Or provide account information to cash a refund check care phone number and look for the Joint 11! To advance government policies that protect consumers and promote competition and to protect and consumers. Filing, the whole story Services LLC ) on 7/13/2021 ( Filed by OpCo Purchaser as JCPenney outside the. Of America Association, Ltd. ; Avery Communications, Inc. ; Veterans of America Association, ;. A receipt for your jcp.com order could include: Why is this public being... Forward-Looking statements Disclosure Statement for the FTC that sales went up 22 % - all through digital purchases all digital! The federal trade commission works to promote competition and to protect and consumers. Got a refund check operating assets to exit Chapter 11 as the company continues to serve Customers under the banner.

Iroquois High School Shooting, Gillespie County Recent Arrests, Sherry Lusk Christy Martin Wife, Duplexes For Rent In Council Bluffs, Ia, Frank Abagnale Sr Medal Of Honor, Articles P