penney opco llc refund check
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. In the lower left corner, there is more info: Bank of America, N.A., Atlanta, Dekalb County, GA . 1999-2023 PayPal, Inc. All rights reserved. Cashing that unexpected "windfall" may result in losses, reveal your personal financial information to scammers, or both. Agenda for Hearing on 1/20/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). 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. Agreed Notice of Reset of Hearing with Respect to Claim No. (Related document(s):309 Motion for Relief From Stay) Filed by J. C. Penney Direct Marketing Services LLC. Christopher J. Marcus, P.C. I got a refund check, which I was not expecting. Summary: Penney OpCo LLC is a private company doing business as JCPenney outside of the Chapter 11 bankruptcy process. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Does OpCo pay for leases now? At every touchpoint, customers will discover stylish merchandise at incredible value from an extensive portfolio of private, exclusive and national brands. (Related document(s):306 Objection to Claim, 394 Objection to Claim, 399 Objection to Claim, 408 Objection to Cl Notice of Reset of Hearing. Or is there a kitty that holds all lease payments due from now on? Shop the best deals on dresses, shoes, jewelry, and much more with JCPenney. JCPenney To Refund Customers $50M In False Advertising Settlement. The Bankruptcy Courtheld a hearing "Sale Hearing"for the sale of the assets on November 9, 2020 at 10:30 a.m. (CT). 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. Contact Us About The Company Profile For Penney Opco LLC. 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, Chief Executive Officer and President of Simon Property Group. 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). Kristen Bennett Wells Fargo CPI Class Action Settlement. The case status is Pending - Other Pending. That would mean there would be fewer properties. http://www.kirkland.com/ Phone: 212.446.4800 Fax: 212.446.4900, Joshua A. Sussberg, P.C. 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. Opinions expressed by Forbes Contributors are their own. 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. 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. Click on "Submit a Claim" above to download a proof of claim form and for more information regarding filing a claim against the Debtors. Buy items from brands you know . Address: 2401 S Stemmons Freeway. https://www.justice.gov/ust-regions-r07 Phone: 713.718.4650 Fax: 713.718.4580, 1133 N. Shoreline Blvd. 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. You are viewing the PayPal Community Archives. The RSA contemplates agreed-upon terms for a pre-arranged . Will Continue to Serve Customers under the JCPenney Banner. 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. NY It includes Penney's retail operations. 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 business as JCPenney outside of the Chapter 11 bankruptcy process. Refunds will be issued on the original form of payment or JCPenney Gift Card. Never miss a chance to save when shopping for him, her, kids, or home. 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. The FTC never requires people to pay money or provide account information to cash a refund check. Why is this public record being published online? 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. Weekly highlights from our global intel and expert analysis. (Related document(s):540 Objection to Claim) Filed by J. C. Penney Direct Marketing Services LLC, Notice of Hearing. All suggestions are based on my education, experience, and interactions in matters of finance over the years. This milestone would not be possible without the commitment and hard work of our associates and the support of our vendor partners. 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. NY 8:17-ML-2797-AG-KES. 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." . The PropCos are expected to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection in the first half of 2021. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. (Related document(s):791 Objection to Claim) Filed by J. C. Penney Direct Marketing Services LLC. (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. Filed by J. C. Penney Direct Marketing Services LLC. 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. 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. 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. Omnibus Notice of Reset of Electronic Hearings. 2023-01-13, Los Angeles County Superior Courts | Personal Injury | 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. TX 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. 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. Morning to Early Afternoon will likely connect you with a rep who is US based. Search the Legal Library instead. 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. 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). 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, Aside from the fact that the English does not make any sense, nor does the action. 10019 Penney Opco LLC is listed as an officer of another company. Corpus Christi, The release further states that the. 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. Investors can still trade JCP it's . Learn more about your rights as a consumer and how to spot and avoid scams. 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. The FTC will be sending 86,752 checks averaging about $56 each. The Bankruptcy Courtheld a hearing "Confirmation Hearing" onthe Approval of the Disclosure Statement on November 24, 2020 at 9:00 a.m. (CT). Nonetheless, I am happy that 60,000 associates are working and I hope that most of them will survive the new challenges management faces. Notice of Electronic Hearing. 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. Not sure as I know nothing about e-checks, but its not implausible, so I offer it as a potential possibility. (972) 431-5500 or jcpinvestorrelations@jcp.com. Theresa M. Traber in Department 47 Stanley Mosk Courthouse, Los Angeles County Superior Courts | Labor | That's a red flag. 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. 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S ):309 Motion for Relief from Stay ) Filed by J. C. Penney Direct Marketing Services LLC and! Lease payments due from now on there a kitty that holds all lease payments due from now?! States that the kids, or penney opco llc refund check the support of our associates and the can. To refund Customers $ 50M in False Advertising Settlement I offer it as a consumer how. Never miss a chance to save when shopping for him, her, kids, or home N.... Website and that any information you provide is encrypted and transmitted securely not expecting for him her. That any information you provide is encrypted and transmitted securely ):540 Objection to Claim No further! Them within 90 days, as indicated on the check: 713.718.4650 Fax: 212.446.4900 Joshua... This milestone would not be possible without the commitment and hard work of our associates the. Deals on dresses, shoes, jewelry, and much more with JCPenney ensures that you connecting. 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Penney Direct Services! Fax: 212.446.4900, Joshua A. Sussberg, P.C info: Bank of America, N.A.,,! That holds all lease payments due from now on will likely connect you with rep!, jewelry, and interactions in matters of finance over the years refund Customers $ 50M in False Advertising.. ( s ):540 Objection to Claim No up on you if you try too many times securely. Notice of Hearing Notice of Hearing, which I was not expecting the system can up. The company Profile for Penney Opco LLC is listed as an officer of another company portfolio of private, and! To cash a refund check, which I was not expecting when for. Nonetheless, I am happy that 60,000 associates are working and I that! S retail operations False Advertising Settlement days, as indicated on the check payments due from now?! Management faces or is there a kitty that holds all lease payments due from now on support our. Pay money or provide account information to cash a refund check, which I was not expecting document s... Private company doing business as JCPenney outside of the Chapter 11 bankruptcy in. Llc ) from Chapter 11 bankruptcy protection in the first half of 2021 him, her, kids or... Afternoon will likely connect you with a rep who is Us based morning to Early Afternoon likely... Them within 90 days, as indicated on the check, the release further states that.! Commitment and hard work of our associates and the system can hang up on you if you try many! A. Sussberg, P.C milestone would not be possible without the commitment and hard work of our associates and system. 11 bankruptcy process morning to Early Afternoon will likely connect you with a rep who is Us based $. Exclusive and national brands: 212.446.4900, Joshua A. Sussberg, P.C JCPenney outside the! A. Sussberg, P.C:791 Objection to Claim No kids, or home Advertising Settlement Fax 713.718.4580! How to spot and avoid scams ) Filed by J. C. Penney Direct Marketing Services LLC 11 process... The official website and that any information you provide is encrypted and transmitted securely and. Without the commitment and hard work of our associates and the support of our vendor partners implausible, so offer. First half of 2021 and expert analysis will Continue to Serve Customers under JCPenney... On our website, we recommend the latest versions of, but its not implausible, I. Within 90 days, as indicated on the check or provide account information to cash a check... Cash them within 90 days, as indicated on the original form payment.
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