Omnibus Notice of Reset of Electronic Hearings. 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. To my simple mind, the whole transition should have been completed in one swoop. Get a D&B Hoovers Free Trial. Courtroom Minutes. Call (844) 519-3595 to learn more about your business credit file Call (844) 519-3595 to learn more. iPhone. (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. PENNEY, L.L.C. is an Utah Domestic LLC filed on June 26, 1996. Theresa M. Traber in Department 47 Stanley Mosk Courthouse. 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. Notice of Reset Hearing. The RSA contemplates agreed-upon terms for a pre-arranged . Find legal resources and guidance to understand your business responsibilities and comply with the law. They are pretty nice and some reps can be more helpful than others. If you've ever had an account through either of these products, active or inactive, its possible this check derives from or may be possible related to something of that nature. 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." . There needs to be clarification. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. TX
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. If its for a reasonably small amount 0-100, for example, I really can't imagine it being a fraudulent check. The Unified Business Identifier (UBI) of the entity is #604678634, the entity type is Foreign Limited Liability Company and the business category is Limited Liability Regular. 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. Agenda for Hearing on 6/21/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal counsel and BRG Capital Advisors, LLC is serving as financial adviser to Simon and Brookfield. Will Continue to Serve Customers under the JCPenney Banner. PRIME CLERK IS NOW KROLL RESTRUCTURING ADMINISTRATION. 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. The Registered Agent on file for this company is John Maximilian Von App and is located at 2870 E 3300 S Salt Lake City 84109 po Box 520246, Salt Lake City, UT 84152. For additional information, please visit jcp.com. That would mean there would be fewer properties. 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.. Penney OpCo LLC (trading name, 2020-11-16 - ) JCPenney (trading name, 2021-01-13 - ) Agent Name C T Corporation System Agent Address 1999 Bryan St., Ste. The Declarations filed at 10, 25 and 39 have been admitted. By browsing this website, you consent to the use of cookies. JCPenney is now poised for a future focused on innovation and consumers, while continuing to navigate through the pandemic. (Related document(s):538 Generic Motion) Filed by J. C. Penney Direct Marketing Services LLC. During this process, JCPenney will continue to be one of the nations largest apparel and home retailers with an expansive footprint of hundreds of stores across the U.S. and Puerto Rico and a powerful eCommerce site, jcp.com. Time Hearing Held: 1:00 - 3:15 PM. The company's filing status is listed as Expired and its File Number is 2026106-0160. Consideration for the PropCo equity transfer consists of a credit bid of DIP and first lien obligations in an unspecified amount. When does Propco function? (Related document(s):236 Application to Employ, 238 Application to Employ, 800 Objection, 801 Objection) Filed by J. C. Penney Company, Inc. Notice of Reset Hearing on Motion for Entry of an Order (I) Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Professionals, an Order (I) Setting Bar Dates for Filing Proofs of Claim Including Requests for Payment Under Section 503(b)(9), (II) Establishing Amended Schedules Bar Date and Order (I) Extending Time for Performance of Obligations Arising Under Unexpired Non-Residential Real Property Lees and (II) Granting Related Relief (Related Doc Notice of Disclosure Statement Hearing. 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. VS PENNEY OPCO LLC. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, Find the resources you need to understand how consumer protection law impacts your business. (Photo by: Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images), Education Images/Universal Images Group via Getty Images. (Related document(s):1594 Emergency Motion) Filed by J. C. Penney Company, Inc. Notice of Sale of Substantially All of the Debtors' Assets. Finally, one place to get all the court documents we need.
In re Wells Fargo Collateral Protection Insurance Litigation, Case No. The FTC never requires people to pay money or provide account information to cash a refund check. People who receive checks should deposit or cash them within 90 days, as indicated on the check. The release further states that the. 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. They are nice too, but again, based on my experience, the issue was not resolved until I followed-up in the morning/afternoon and spoke with US-based reps. My opinions are my own and do not reflect any official position for Paypal. The common stock (JCPNQ/CPPRQ) is no longer in existence and is not traded or quoted on any market or exchange. PENNEY OPCO LLC is a business entity in Lewisville, Texas registered with the Secretary of State of Washington State. JCPenney is continuing to serve its customers through this process, with a commitment to working seamlessly with its vendor partners and landlords. Paypal won't permit me (the system has already autorejected my post twice) to reveal the phone number. PENNEY, L.L.C. The customers will come through the doors or else buy on-line, which many have done in the first days after Thanksgiving. Any forward-looking statement made by the Company in this press release is based only on information currently available to it and speaks only as of the date on which such statement is made. 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, Chief Executive Officer and President of Simon Property Group. Learn more about your rights as a consumer and how to spot and avoid scams. You may unsubscribe by clicking the Unsubscribe link at the bottom of the email updates you receive. 78401
Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal counsel and BRG Capital Advisors, LLC is serving as financial adviser to Simon and Brookfield. Theresa M. Traber in Department 47 Stanley Mosk Courthouse, Los Angeles County Superior Courts | Labor | Contact Us About The Company Profile For Penney Opco LLC. 118 years after JCPenney was created in Kemmerer, Wyoming new owners will operate the stores as they exit from bankruptcy. 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. 3995. The Court has appro Notice of Hearing. 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.. Weekly highlights from our global intel and expert analysis. Or is there a kitty that holds all lease payments due from now on? It's possible the check you received could be related to your portion of the settlement to compensate you for the alleged behavior. 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. I cover major developments in the retail industry. 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. The FTC enforces consumer protection laws to stop illegal business practices and get refunds to people who lost money. Notice of Electronic Hearing. PLANO, Texas--(BUSINESS WIRE)--JCPenney today announced that it has completed its previously announced sale, under which Simon Property Group (Simon) and Brookfield Asset Management, Inc. (Brookfield) have acquired substantially all of JCPenneys retail and operating assets (OpCo). Agenda for Hearing on 7/22/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). Corpus Christi,
This milestone would not be possible without the commitment and hard work of our associates and the support of our vendor partners. Email: JCPenneyinfo@primeclerk.com. This was in keeping with the requirement that the new owners Simon and Brookfield, assume ownership before the start of the holiday selling season. 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. Need info on your own credit report? 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. To implement the Plan, the Companyfiled voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, in Corpus Christi, Texas (the Court). OpCo assumed liabilities include certain assumed contracts, all liabilities arising out of the operation of the OpCo acquired assets post-closing and a blank placeholder provision. Prohibited Uses You may use this Website only for lawful purposes and in accordance with these Terms of Use. Agenda for Hearing on 7/13/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). We use cookies that are necessary to make our site work as well as performance, functional, and marketing cookies to help us improve your user experience. On May 15, 2020, JCPenney announced that it has entered into a restructuring support agreement (the RSA) with lenders holding approximately 70% of JCPenneys first lien debt to reduce the Companys outstanding indebtedness and strengthen its financial position. 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. TX
OpCo Secured Term Loan According to the filing, the proposed $500 million . 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? 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). Address: 2401 S Stemmons Freeway. (Related document(s):628 Emergency Motion) Filed by J. C. Penney Direct Marketing Services LLC. Please refer to the Companys Annual Report on Form 10-K for the year ended February 1, 2020, and Quarterly Reports on Form 10-Q filed subsequently thereto, for a further discussion of risks and uncertainties. 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. (972) 431-5500 or jcpinvestorrelations@jcp.com. It includes Penney's retail operations. International: +1-646-979-4417 Consideration for the OpCo asset sale consists of (i) cash in the amount of a $300 million OpCo equity contribution plus an additional cash amount, which may be funded by a new ABL and/or FILO facility, (ii) a credit bid of DIP and first lien obligations in an unspecified amount, and (iii) the assumption of assumed liabilities. The case status is Pending - Other Pending. 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. Excel Known Addresses for Penney Opco LLC 6501 Legacy Dr Plano, TX 75024 PO Box 10001 Dallas, TX 75301 2401 S Stemmons Fwy Lewisville, TX 75067 Corporate Filings for Penney Opco LLC Florida Department of State Texas Secretary of State California Secretary of State Corporate Notes Refunds will be issued on the original form of payment or JCPenney Gift Card. Shop the best deals on dresses, shoes, jewelry, and much more with JCPenney. https://www.justice.gov/ust-regions-r07 Phone: 713.718.4650 Fax: 713.718.4580, 1133 N. Shoreline Blvd. Forward-looking statements are based only on the Companys current assumptions and views of future events and financial performance. 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. Doing Business As: JC Penney. 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. Amended Agenda for Hearing on 5/4/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). Looking for legal documents or records? 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. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 10001-2057
If you receive a check from FINRA, do not cash itunless you have a current business relationship with FINRA. Penney Opco LLC is listed as an officer of another company. That is great. Recipients who have questions about their checks can call the refund administrator, Epiq, at 800-591-4238. Investors should take such risks into account and should not rely on forward-looking statements when making investment decisions. Objection to Claim Number by Claimant The Wind-Down Debtors' Fifty-Eighth Omnibus Objection to Certain Proofs of Claim (Duplicate Claims) Hearing scheduled for Notice of Reset of Hearing. Internet Explorer presents a security risk. Filed by J. C. Penney Direct Marketing Services LLC, Notice of Reset Hearing Time. In any case, as I understand it, PropCos will be owned by the majority of JCPenneys first-lien lenders. Not much has changed for investors who hold JCP stock, though, because the news wasn't a surprise and the stock price had already withered to mere pennies. The Bankruptcy Courtheld a hearing "Sale Hearing"for the sale of the assets on November 9, 2020 at 10:30 a.m. (CT). Joele Frank Wilkinson Brimmer Katcher 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. Knitting / Apparel Sponsored by OEKO-TEX, Techtextil North America/Texprocess Americas. Florida, Spring Hill, Nature Coast Commons, shopping mall, JC Penney, department store. Appearances: SEE ATTACHED. Like the FTC on Facebook, follow us on Twitter, get consumer alerts, read our blogs, and subscribe to press releases for the latest FTC news and resources. With this closing, our operating company has exited Chapter 11 and is continuing under new ownership and the JCPenney banner. We are excited about JCPenneys future growth and look forward to collaborating with the JCPenney team to serve its customers and communities., We are excited to help lead the turnaround of a storied institution while saving tens of thousands of jobs and continuing to serve over 35 million customers, said Brian Kingston, CEO of Real Estate at Brookfield Asset Management. 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. 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. (Related document(s):41 Agenda) Filed by J. C. Penney Company, Inc. Notice of Reset DIP Hearing. Agenda for Hearing on 12/7/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). I got a refund check, which I was not expecting. All suggestions are based on my education, experience, and interactions in matters of finance over the years. In the lower left corner, there is more info: Bank of America, N.A., Atlanta, Dekalb County, GA . Nonetheless, I am happy that 60,000 associates are working and I hope that most of them will survive the new challenges management faces. Appearances: see attached. Not sure as I know nothing about e-checks, but its not implausible, so I offer it as a potential possibility. 601 Lexington Avenue New York,
Agreed Notice of Reset of Hearing with Respect to Claim No. (Related document(s):528 Objection to Claim) Filed by J. C. Penney Direct Marketing Services L Notice of Electronic Hearing. Pathlight is pleased to support JCPenney through their emergence and future growth, said Dan Platt, CEO at Pathlight Capital. 77010
Box 10001 Dallas, Texas 75301-7304 email trademarks-sm@jcp.com, or call (972) 431-1000.
Some Exclusions Apply. . Investors can still trade JCP it's . Notice of Electronic Hearing. NY
Check your browser settings or contact your network administrator. Notice of Reset of Lift Stay Hearing. That's all I can say since my post is getting flagged for this reason. 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 ROSA ACEVEDO VS PENNEY OPCO LLC DBA JCPENNEY, ET AL. (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. On 01/13/2022 PAMELA HILL filed a Civil Right - Other Civil Right lawsuit against PENNEY OPCO, LLC. UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. On March 31, 2022, the buyer will pay JCP 20% of the difference of (i) average net merchandise accounts payable in fiscal 2021 and (ii) net merchandise accounts payable at closing of the sale transaction; On March 31, 2023, the buyer will pay JCP 20% of the difference of (i) average net merchandise accounts payable in fiscal 2022 and (ii) average net merchandise accounts payable in fiscal 2021; The payment is limited to the less of (i) the amount due or (ii) the amount that would cause JCPs average LTM liquidity to fall below $500 million; and. JCPenney filed for Chapter 11 bankruptcy on Friday, meaning the 118-year-old retailer will get what may be its final chance to turn things around. (Related document(s):2830 Motion for Relief From Stay) Filed by J. C. Penney Company, Inc. Notice of Hearing on June 23, 2021 at 2:30 p.m. (CT). 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. TX
6624. There is a new balance sheet with some debt but the new ownership should bring some stability to the operation and greater assurance to vendors to ship in the traditional way instead of their insistence of pre-payments of shipments. Does OpCo pay for leases now? Download apps by Penney OpCo LLC, including JCPenney - Shopping & Coupons. The defendants admitted that they did not vet the charges before processing them and did not investigate consumer complaints about unauthorized charges. 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. PropCos assets would include the 160 owned and ground leased real properties and the six owned distribution centers, as well as other unspecified related assets and liabilities. 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. 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. Copyright 2017 Textile Industries Media Group, LLC.
Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Case Background. Roubaix, Hauts-de-France, France Lat Long Coordinates Info. I've encountered some lazy ones, if you don't feel like they are taking ownership of your issue, hang up and call again. The FTC will be sending 86,752 checks averaging about $56 each. Say since my post is getting flagged for this reason refund check, which I was not.. Bid of DIP and first lien obligations in an unspecified amount owned by the majority of JCPenneys first-lien lenders cookies... ; Coupons defendants admitted that they did not vet the charges before processing them did! Many have done in the lower left corner, there is more info: Bank of America N.A.. Its for a future focused on innovation and consumers, while continuing to Serve customers under JCPenney! Corner, there is more info: Bank of America, N.A. Atlanta. As they exit from bankruptcy Trade Commission on June 26, 1996 Case No N. 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C. Penney Direct Marketing Services LLC ) more about your business and! Respect to Claim No has already autorejected my post twice ) to reveal phone... Filed by J. C. Penney Direct Marketing Services L Notice of Reset DIP Hearing offer it as potential... Else buy on-line, which many have done in the first days after Thanksgiving new. Seamlessly with its vendor partners and landlords after JCPenney was created in Kemmerer Wyoming. Most secure and best overall experience on our website, we recommend the latest versions of that you connecting. About unauthorized charges autorejected my post is getting flagged for this reason with. For Hearing on 7/22/2021 ( Filed by J. C. Penney Direct Marketing Services LLC is continuing under new ownership the! Of finance over the years and is not traded or quoted on market!
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