The common stock (JCPNQ/CPPRQ) is no longer in existence and is not traded or quoted on any market or exchange. TX 78401 (Related document(s):2846 Motion for Relief From Stay) Filed by J. C. Penney Company, Inc. Notice of Reset of Lift Stay Hearing. The PropCos are expected to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection in the first half of 2021. However, in the pandemic environment I doubt that there are many takers. Penney Legal Department at P.O. 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. Consideration for the PropCo equity transfer consists of a credit bid of DIP and first lien obligations in an unspecified amount. BRADLEY SYVERSON, vp-real estate; C T Corporation System, agent; Despite that fact, Adobe claims to know that sales went up 22% - all through digital purchases. This includes a new ABL Facility, which was led by Wells Fargo, and the recently funded FILO Facility, on which Pathlight Capital (Pathlight) is serving as the FILO Agent. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. Notice of Reset Hearing. Words such as expect and similar expressions identify forward-looking statements. Courtroom Minutes. Morning to Early Afternoon will likely connect you with a rep who is US based. Theresa M. Traber in Department 47 Stanley Mosk Courthouse. Time Hearing Held: 11:15 AM. Opinions expressed by Forbes Contributors are their own. The FTC enforces consumer protection laws to stop illegal business practices and get refunds to people who lost money. Click on "Submit a Claim" above to download a proof of claim form and for more information regarding filing a claim against the Debtors. VS PENNEY OPCO LLC. Aside from the fact that the English does not make any sense, nor does the action. Get a D&B Hoovers Free Trial. The company's filing status is listed as Expired and its File Number is 2026106-0160. Shop the best deals on dresses, shoes, jewelry, and much more with JCPenney. 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. Is there a lease fund? To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. We work to advance government policies that protect consumers and promote competition. Recipients who have questions about their checks can call the refund administrator, Epiq, at 800-591-4238. You are viewing the PayPal Community Archives. Time Hearing Held: 1:00 - 3:15 PM. 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). 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 10001-2057 With this closing, our operating company has exited Chapter 11 and is continuing under new ownership and the JCPenney banner. 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. PENNEY, L.L.C. 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. 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. If its for a reasonably small amount 0-100, for example, I really can't imagine it being a fraudulent check. Doing Business As: JC Penney. You may unsubscribe by clicking the Unsubscribe link at the bottom of the email updates you receive. 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. JCPenney is now poised for a future focused on innovation and consumers, while continuing to navigate through the pandemic. Stephanie T. Nguyen, Chief Technology Officer, Competition and Consumer Protection Guidance Documents, The Federal Trade Commission works to promote competition and to, and report scams, fraud, and bad business practices online at, HSR threshold adjustments and reportability for 2023, A Century of Technological Evolution at the Federal Trade Commission, FTC to Host Workshop on Recyclable Claims as Part of its Ongoing Review of the Agencys Green Guides, Celebrating NCPW 2023 In Your Neighborhood: Outreach & Program Ideas - March 1, Company That Placed Crammed Charges on Consumers Phone Bills Settles FTC Contempt Charges, FTC Seeks Return of $52 Million Worth of Bogus Phone Bill Cramming Charges; Agency Charges Nation's Largest Third-Party Billing Company with Contempt, FTC Enforcement Actions Continue to Target "Crammers". 6624. 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.. Contact Information 2401 S Stemmons Fwy STE 4000 Lewisville, TX 75067-8797 Get Directions Visit Website Email this Business (972) 431-1000 Average of 179 Customer Reviews Start a Review Customer. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. I don't know how to call a PayPal agent and discuss where this is coming from. JCPenney To Refund Customers $50M In False Advertising Settlement. 77002 10022 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. Old COPPER Company, Inc. completed the Chapter 11 bankruptcy process on January 30, 2021, when the Plan of Reorganization was declared effective. 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). 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. I cover major developments in the retail industry. 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 Judge overseeing this case is THERESA M. TRABER. That's all I can say since my post is getting flagged for this reason. 900, Dallas, TX, 75201-3136, USA Directors / Officers. Overview. 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. I got a refund check, which I was not expecting. (Related document(s):540 Objection to Claim) Filed by J. C. Penney Direct Marketing Services LLC, Notice of 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. Notice of Electronic Hearing. Agenda for Hearing on 9/8/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). 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. Will Continue to Serve Customers under the JCPenney Banner. 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. 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. In the lower left corner, there is more info: Bank of America, N.A., Atlanta, Dekalb County, GA . All retail operations of Old COPPER Company, Inc. ended effective with the sale of its operating assets. Email: JCPenneyinfo@primeclerk.com. The PropCos are expected to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection in the first half of 2021. 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. A receipt for your jcp.com order could include: People who receive checks should deposit or cash them within 90 days, as indicated on the check. Follow the Phone prompts as punching 0 doesn't work and the system can hang up on you if you try too many times. Courtroom Minutes. 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. Looking for legal documents or records? Agreed Notice of Reset of Hearing with Respect to Claim No. There's always some reason that you have to give a certain amount of the payment back to person or company issuing the check. This milestone would not be possible without the commitment and hard work of our associates and the support of our vendor partners. 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. The FTC never requires people to pay money or provide account information to cash a refund check. Agenda for Hearing on 12/7/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). Paypal won't permit me (the system has already autorejected my post twice) to reveal the phone number. And the best part of all, documents in their CrowdSourced Library are FREE! 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. Recipients who have questions about their checks can call the refund administrator, Epiq, at 800-591-4238. 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. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. 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. Buy items from brands you know . Some Exclusions Apply. People who receive checks should deposit or cash them within 90 days, as indicated on the check. (Related document(s):2732 Generic Motion, 3025 Objection) Filed by OpCo Purchaser. Media Relations: Refunds will be issued on the original form of payment or JCPenney Gift Card. Pathlight is pleased to support JCPenney through their emergence and future growth, said Dan Platt, CEO at Pathlight Capital. 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). This content may be old or outdated. Florida, Spring Hill, Nature Coast Commons, shopping mall, JC Penney, department store. TX Notice of Reset of Lift Stay Hearing. The Bankruptcy Courtheld a hearing "Confirmation Hearing" onthe Approval of the Disclosure Statement on November 24, 2020 at 9:00 a.m. (CT). In any case, as I understand it, PropCos will be owned by the majority of JCPenneys first-lien lenders. If you have questions concerning the legal notices stated above, you may contact our Designated Agent/J.C. Google paypal customer care phone number and look for the last 4 digits 1161. Address: 2401 S Stemmons Freeway. 2022-11-17. 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. 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. Additional information regarding JCPenneys financial restructuring is available at jcprestructuring.com. (Related document(s):2387 Generic Motion, 2538 Objection to Claim) Filed by J. C. Penney Company, Inc. Notice of Reset of Lift Stay Hearing. Are they going to sell some of their stores after ythe holiday season? 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. OpCo Financing Update 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. 77010 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. And its File number is 2026106-0160 check, which I was not expecting call the refund administrator Epiq., and stay up to date on FTC actions during the pandemic I! At the bottom of the email updates you receive agent and discuss where this is from. 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Environment I doubt that there are many takers reveal the phone prompts as penney opco llc refund check... Notices stated above, you may unsubscribe by clicking the unsubscribe link at the bottom of the email updates receive.
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