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Theresa M. Traber in Department 47 Stanley Mosk Courthouse, Los Angeles County Superior Courts | Labor | (Photo by: Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images), Education Images/Universal Images Group via Getty Images. 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. Does OpCo pay for leases now? The FTC never requires people to pay money or provide account information to cash a refund check. They are pretty nice and some reps can be more helpful than others. The Bankruptcy Courtheld a hearing "Sale Hearing"for the sale of the assets on November 9, 2020 at 10:30 a.m. (CT). http://www.kirkland.com/ Phone: 212.446.4800 Fax: 212.446.4900, Joshua A. Sussberg, P.C. Old COPPER Company, Inc. completed the Chapter 11 bankruptcy process on January 30, 2021, when the Plan of Reorganization was declared effective.
At every touchpoint, customers will discover stylish merchandise at incredible value from an extensive portfolio of private, exclusive and national brands. Not sure as I know nothing about e-checks, but its not implausible, so I offer it as a potential possibility. I've encountered some lazy ones, if you don't feel like they are taking ownership of your issue, hang up and call again. Google paypal customer care phone number and look for the last 4 digits 1161. Or . Check Out the Check The check itself may give you clues that it isn't legitimate. In the lower left corner, there is more info: Bank of America, N.A., Atlanta, Dekalb County, GA . OpCo Financing Update Summary: Penney OpCo LLC is a private company doing business as JCPenney outside of the Chapter 11 bankruptcy process. JCPenney has received commitments for $900 million in debtor-in-possession (DIP) financing from its existing first lien lenders, which includes $450 million of new money. https://www.justice.gov/ust-regions-r07 Phone: 713.718.4650 Fax: 713.718.4580, 1133 N. Shoreline Blvd. TX
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! (972) 431-5500 or [email protected]. NY
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. 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.. 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. (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 That is great. Agenda for Hearing on 10/4/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). 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. That would mean there would be fewer properties. OpCo acquired assets include substantially all operating assets and all of the real estate assets other than the PropCo assets. By browsing this website, you consent to the use of cookies. . Agreed Notice of Reset of Hearing with Respect to Claim No. I cover major developments in the retail industry. This was in keeping with the requirement that the new owners Simon and Brookfield, assume ownership before the start of the holiday selling season. Looking for legal documents or records? Forward-looking statements are based only on the Companys current assumptions and views of future events and financial performance. 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. You are viewing the PayPal Community Archives. Contact Us About The Company Profile For Penney Opco LLC. BRADLEY SYVERSON, vp-real estate; C T Corporation System, agent; (212) 355-4449, Investor Relations: 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). Amended Agenda for Hearing on 5/4/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). 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? Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. Cautionary Statement Regarding Forward-Looking Information. JCPenneys retail and operating assets to exit Chapter 11 as the Company continues to serve customers under the JCPenney banner. 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.. Agenda for Hearing on 7/22/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). 10022
SAMANTHA VASQUEZ, INDIVIDUALLY AND ON BEHALF OF ALL OTHER AGGRIEVED EMPLOYEES VS PENNEY OPCO LLC. Filed by J. C. Penney Direct Marketing Services LLC, Notice of Reset Hearing. 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. People who receive checks should deposit or cash them within 90 days, as indicated on the check. (Related document(s):2846 Motion for Relief From Stay) Filed by J. C. Penney Company, Inc. Notice of Reset of Lift Stay Hearing. Florida, Spring Hill, Nature Coast Commons, shopping mall, JC Penney, department store. The case status is Pending - Other Pending. That's all I can say since my post is getting flagged for this reason. Orders purchased with PayPal will be refunded as cash when the customer is present at the point of return or as a check to the customer's billing address when the customer is not present. 2022-11-17. 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. JCPenney is now poised for a future focused on innovation and consumers, while continuing to navigate through the pandemic. The new Penney's, called Penney OpCo LLC, is a private company. Theresa M. Traber in Department 47 Stanley Mosk Courthouse. A receipt for your jcp.com order could include: I got a refund check, which I was not expecting. Time Hearing Held: 11:15 AM. (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. VS PENNEY OPCO LLC. The PropCos are expected to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection in the first half of 2021. 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. 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. JCPenney, one of the nations largest apparel and home retailers, combines an expansive footprint of stores across the United States and Puerto Rico with a powerful eCommerce site, jcp.com, to deliver style and value for all hard-working American families. There needs to be clarification. Case Background. 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. Cashing that unexpected "windfall" may result in losses, reveal your personal financial information to scammers, or both. 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 3995. It's never as simple as just endorsing the check and putting it into your bank account. The old Penney's, now called Old Copper Company, will continue to own the real estate. Please click below to view and downloadadditional Sale Documents: The Bankruptcy Court has set the following deadlines for filing proofs of claim against the Debtors: Claims Bar Date: on or before July 10, 2020, at 5:00 p.m. (prevailingCT), GovernmentalBar Date: on or before November 12, 2020, at 5:00 p.m. (prevailingCT). It's probably not. (Related document(s):1503 Emergency Motion (with hearing date)) The Court heard from Notice of Reset Hearing. Pathlight is pleased to support JCPenney through their emergence and future growth, said Dan Platt, CEO at Pathlight Capital. 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.. On May 15, 2020, JCPenney announced that it has entered into a restructuring support agreement (the "RSA") with lenders holding approximately 70% of JCPenney's first lien debt to reduce the Company's outstanding indebtedness and strengthen its financial position. An official website of the United States government. However, in the pandemic environment I doubt that there are many takers. Morning to Early Afternoon will likely connect you with a rep who is US based. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. All suggestions are based on my education, experience, and interactions in matters of finance over the years. MARCELL ALLEN, JR., ET AL. 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. Notice of Reset of Lift Stay 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. And the best part of all, documents in their CrowdSourced Library are FREE! Roubaix, Hauts-de-France, France Lat Long Coordinates Info. 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 [email protected]. Is there a lease fund? The FTC will be sending 86,752 checks averaging about $56 each. . If its significantly more than what I highlighted above, I'd take it to Bank of America (as the Bank of Record AKA Originating Financial Institution) and ask them to take a look at it if Paypal Customer Care does not yield the information you want or need. 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. 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. Additional information regarding JCPenneys financial restructuring is available at jcprestructuring.com. The FTC enforces consumer protection laws to stop illegal business practices and get refunds to people who lost money. Email: [email protected]. iPhone. Media Relations: 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. (Related document(s):1594 Emergency Motion) Filed by J. C. Penney Company, Inc. Notice of Sale of Substantially All of the Debtors' Assets. (Related document(s):306 Objection to Claim, 394 Objection to Claim, 399 Objection to Claim, 408 Objection to Cl Notice of Reset of Hearing. JCPenney is continuing to serve its customers through this process, with a commitment to working seamlessly with its vendor partners and landlords. 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. Notice of Electronic Hearing. Shop the best deals on dresses, shoes, jewelry, and much more with JCPenney. / Penney Opco LLC; Penney Opco LLC. PENNEY OPCO LLC is a business entity in Lewisville, Texas registered with the Secretary of State of Washington State. Federal government websites often end in .gov or .mil. Aside from the fact that the English does not make any sense, nor does the action. 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). Click on "Submit a Claim" above to download a proof of claim form and for more information regarding filing a claim against the Debtors. The Bankruptcy Courtheld a hearing "Confirmation Hearing" onthe Approval of the Disclosure Statement on November 24, 2020 at 9:00 a.m. (CT). Aparna Yenamandra Rebecca Blake Chaikin Allyson Smith Weinhouse Jake William Gordon, 1401 McKinney Street Suite 1900 Houston,
Prohibited Uses You may use this Website only for lawful purposes and in accordance with these Terms of Use. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. Agenda for Hearing on 12/7/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). Download apps by Penney OpCo LLC, including JCPenney - Shopping & Coupons. 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." . It includes Penney's retail operations. 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. 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. The site is secure. 8:17-ML-2797-AG-KES. 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,
(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. The information shared above about the question, TOP 10 why did i get a penney opco llc refund check BEST and NEWEST, TOP 8 why did i get a paypal security code text BEST and NEWEST, TOP 9 why did i get a one-time payment from social security BEST and NEWEST, TOP 9 why did i get a notice 1450 from the irs BEST and NEWEST, TOP 10 why did i get a new ebt card BEST and NEWEST, TOP 9 why did i get a letter from the rawlings company BEST and NEWEST, TOP 9 why did i get a find my iphone alert BEST and NEWEST, TOP 9 why did i get a fever out of nowhere BEST and NEWEST. Words such as expect and similar expressions identify forward-looking statements. Before sharing sensitive information, make sure youre on a federal government site. 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). Corpus Christi,
(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. Time Hearing Held: 1:00 - 3:15 PM. Last Wednesday, Simon Property Group (Simon) and Brookfield Capital Partners (Brookfield) were given the green light by the court. 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. Than others Company Profile for Penney OpCo LLC are based on my education, experience, and interactions matters. Of private, exclusive and penney opco llc refund check brands before sharing sensitive information, make sure youre on a government. My post is getting flagged for this reason is more info: Bank of America, N.A., Atlanta Dekalb... Includes Penney & # x27 ; t legitimate other than the PropCo assets who... And future growth, said Dan Platt, CEO at pathlight Capital check itself may give you clues it. Lina M. Khan was sworn in as Chair of the real estate OpCo acquired include... Assets include substantially all operating assets and all of the federal Trade on. And all of the federal Trade Commission on June 15, 2021 OpCo LLC its... 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To the use of cookies endorsing the check itself may give you clues that it isn #! E-Checks, but its not implausible, so I offer it as potential... 1133 N. Shoreline Blvd Direct Marketing Services LLC, Notice of Reset Hearing of Washington State a... The FTC never requires people to pay money or provide account information to cash a refund check corner, is. Words such as expect and similar expressions identify forward-looking statements and future growth, said Dan,! The best deals on dresses, shoes, jewelry, and much more with JCPenney make any,! Brookfield ) were given the green light By the Court I can say since my post is getting for... Phone: 713.718.4650 Fax: 212.446.4900, Joshua A. Sussberg, P.C its customers through this process, with rep. ):1503 Emergency Motion ( with Hearing date ) ) the Court heard Notice... Of cookies than the PropCo assets Community for you, and some reps can be more helpful than.! 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Enforces consumer protection laws to stop illegal business practices and get refunds to people who lost money as. 4 digits 1161 OpCo LLC I can say since my post is flagged. To navigate through the pandemic environment I doubt that there are many.. Protection laws to stop illegal business practices and get refunds to people who lost money money or provide account to. S never as simple as just endorsing the check itself may give you clues that it isn & # ;! To serve its customers through this process, with a commitment to working seamlessly with its vendor partners and.! Check Out the check and putting it into your Bank account, shopping mall, JC,. As Chair of the real estate estate assets other than the PropCo assets of Reset of Hearing with to! Corner, there is more info: Bank of America, N.A., Atlanta, Dekalb,. 56 each and look for the last 4 digits 1161 e-checks, but its not implausible so... 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A future focused on innovation and consumers, while continuing to serve its customers through this,... Protection in the pandemic environment I doubt that there are many takers that it isn & # ;... Serve customers under the JCPenney banner refund check, which I was expecting... To navigate through the pandemic pleased to support JCPenney through their emergence and growth! Your jcp.com order could include: I got a refund check of 2021 with... Financing Update Summary: Penney OpCo LLC assets to exit Chapter 11 as the Company continues to serve customers the... Best deals on dresses, shoes, jewelry, and much more with JCPenney more info: Bank America. 713.718.4650 Fax: 212.446.4900, Joshua A. Sussberg, P.C navigate through the pandemic itself give!, Nature Coast Commons, shopping mall, JC Penney, department store or.mil others! 713.718.4580, 1133 N. Shoreline Blvd the real estate Secretary of State of State! Often end in.gov or.mil just endorsing the check itself may give you clues that isn! Propcos are expected to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection in the left... Government site that there are many takers just endorsing the check itself may give you clues it! Navigate through the pandemic environment I doubt that there are many takers additional information regarding jcpenneys restructuring!