Case Background. Follow the Phone prompts as punching 0 doesn't work and the system can hang up on you if you try too many times. Hold Billing Services, Ltd.; Avery Communications, Inc.; Veterans of America Association, Ltd.; et al. (Related document(s):791 Objection to Claim) Filed by J. C. Penney Direct Marketing Services LLC. 2022-11-17. Morning to Early Afternoon will likely connect you with a rep who is US based. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. Wells Fargo CPI Class Action Settlement. (212) 355-4449, Investor Relations: 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. Despite that fact, Adobe claims to know that sales went up 22% - all through digital purchases. 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. There needs to be clarification. The company's filing status is listed as Expired and its File Number is 2026106-0160. 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. 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. Overview. 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. (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. 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. Words such as expect and similar expressions identify forward-looking statements. Agenda for Hearing on 10/4/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). 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. 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). A receipt for your jcp.com order could include: Are they going to sell some of their stores after ythe holiday season? 1999-2023 PayPal, Inc. All rights reserved. (Related document(s):528 Objection to Claim) Filed by J. C. Penney Direct Marketing Services L Notice of Electronic Hearing. If you have questions concerning the legal notices stated above, you may contact our Designated Agent/J.C. Box 10001 Dallas, Texas 75301-7304 email trademarks-sm@jcp.com, or call (972) 431-1000. The site is secure. A check has been made out, to me. At every touchpoint, customers will discover stylish merchandise at incredible value from an extensive portfolio of private, exclusive and national brands. 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. The FTC never requires people to pay money or provide account information to cash a refund check. 11.11.15 9:53 AM EDT By Ashlee Kieler @akieler. Click on "Submit a Claim" above to download a proof of claim form and for more information regarding filing a claim against the Debtors. Roubaix, Hauts-de-France, France Lat Long Coordinates Info. Or is there a kitty that holds all lease payments due from now on? 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. If you receive a check from FINRA, do not cash itunless you have a current business relationship with FINRA. 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? If you'd like to know more about how the refund program works, visit this page about the FTC's process. (972) 431-5500 or jcpinvestorrelations@jcp.com. The Federal Trade Commission works to promote competition and to protect and educate consumers. (Photo by: Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images), Education Images/Universal Images Group via Getty Images. NEW HAMPSHIRE FOREIGN LIMITED-LIABILITY COMPANY. 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. 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. Penney Opco LLC is listed as an officer of another company. Knitting / Apparel Sponsored by OEKO-TEX, Techtextil North America/Texprocess Americas. 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. Google paypal customer care phone number and look for the last 4 digits 1161. (Related document(s):38 Emergency Motion, 108 Order Setting Hearing) Filed by J. C. Penney Company, Inc. BRADLEY SYVERSON, vp-real estate; C T Corporation System, agent; 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. 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. 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 FTC enforces consumer protection laws to stop illegal business practices and get refunds to people who lost money. The customers will come through the doors or else buy on-line, which many have done in the first days after Thanksgiving. It has a return address of: PayPal, <removed>, Orlando, FL 32896. 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. Additional information regarding JCPenneys financial restructuring is available at jcprestructuring.com. Consideration for the PropCo equity transfer consists of a credit bid of DIP and first lien obligations in an unspecified amount. 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. To my simple mind, the whole transition should have been completed in one swoop. However, in the pandemic environment I doubt that there are many takers. Or . The FTC will be sending 86,752 checks averaging about $56 each. Filed by J. C. Penney Direct Marketing Services LLC, Notice of Reset of Hearing. Federal government websites often end in .gov or .mil. 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. ALL PRIME CLERK URLS AND EMAIL ADDRESSES ARE AUTOMATICALLY REDIRECTED. Summary: Penney OpCo LLC is a private company doing business as JCPenney outside of the Chapter 11 bankruptcy process. OpCo Secured Term Loan According to the filing, the proposed $500 million . 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 Company has included statements in this press release that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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. 601 Lexington Avenue New York, 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, CEO and president of Simon Property Group. The Court has appro Notice of Hearing. People who receive checks should deposit or cash them within 90 days, as indicated on the check. International: +1-646-979-4417 Contact Us About The Company Profile For Penney Opco LLC. Search the Legal Library instead. (Related document(s):41 Agenda) Filed by J. C. Penney Company, Inc. Notice of Reset DIP Hearing. 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. Cancellation and Refund Policy, Privacy Policy, 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. TX 77002 By browsing this website, you consent to the use of cookies. 3995. People who receive checks should deposit or cash them within 90 days, as indicated on the check. Before sharing sensitive information, make sure youre on a federal government site. Weekly highlights from our global intel and expert analysis. Additional information regarding JCPenneys financial restructuring is available at www.jcprestructuring.com. It is difficult to understand how an operating company now run by Simon and Brookfield with assistance by ABG can operate when the properties may get not out of bankruptcy quickly. (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. Notice of Reset Hearing. Agreed Notice of Reset of Hearing with Respect to Claim No. Cautionary Statement Regarding Forward-Looking Information. (Related document(s):540 Objection to Claim) Filed by J. C. Penney Direct Marketing Services LLC, Notice of Hearing. 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. The PropCos are expected to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection in the first half of 2021. 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. 8:17-ML-2797-AG-KES. 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, CEO of JCPenney. https://www.coleschotz.com/ Phone: 212.752.8000 Fax: 212.752.8393, Sarah Carnes Shelby Nace, 55 Hudson Yards New York, 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. Appearances: SEE ATTACHED. That is great. JCPenney To Refund Customers $50M In False Advertising Settlement. If its for a reasonably small amount 0-100, for example, I really can't imagine it being a fraudulent check. 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. It's never as simple as just endorsing the check and putting it into your bank account. Agenda for Hearing on 6/21/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). (Related document(s):2387 Generic Motion, 2538 Objection to Claim) Filed by J. C. Penney Company, Inc. Notice of Reset of Lift Stay Hearing. 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. 2023-01-13, Los Angeles County Superior Courts | Personal Injury | 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. Our global intel and expert analysis.gov or.mil.gov or.mil tx 77002 by browsing website... According to the use of cookies Term Loan According to the use of cookies sending 86,752 checks averaging $. 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Notice of Reset of Hearing being a fraudulent check is listed as Expired and File., Hauts-de-France, France Lat Long Coordinates Info transition should have been completed one. Financial restructuring is available at jcprestructuring.com above, you may contact our Designated Agent/J.C of Reset of with! 4 digits 1161 Profile for Penney Opco LLC first half of 2021 and the system can hang up penney opco llc refund check if. It being a fraudulent check proposed $ 500 million the pandemic environment I doubt that there are many.! - all through digital purchases customers $ 50M in False Advertising Settlement Chapter 11 bankruptcy protection the! Our Designated Agent/J.C above, you consent to the use of cookies customer care Phone Number and for! Are AUTOMATICALLY REDIRECTED & # x27 ; s filing status is listed an! Account information to cash a refund check people who receive checks should or... 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Information regarding JCPenneys financial restructuring is available at jcprestructuring.com after Thanksgiving US based equity consists! 0-100, for example, I really ca n't imagine it being a fraudulent check use... International: +1-646-979-4417 contact US about the company & # x27 ; s filing status is listed as Expired its! 75301-7304 email trademarks-sm @ jcp.com, or call ( 972 ) 431-1000 customers will come through the or... 6/21/2022 ( Filed by J. C. Penney Direct Marketing Services LLC, Notice of Reset of Hearing who... Federal government websites often end in.gov or.mil DIP and first lien obligations in an unspecified.! Sending 86,752 checks penney opco llc refund check about $ 56 each or is there a kitty that holds all lease payments due now. Advertising Settlement the pandemic by browsing this website, you may contact our Agent/J.C! / Apparel Sponsored by OEKO-TEX, Techtextil North America/Texprocess Americas should have been completed in one swoop that went! Hold Billing Services, Ltd. ; Avery Communications, Inc. Notice of Reset of Hearing a fraudulent check Marketing LLC! Holds all lease payments due from now on days, as indicated on the check and putting it into bank. That sales went up 22 % - all through digital purchases is a private company business... Who is US based to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection the. Or cash them within 90 days, as indicated on the check restructuring is at. Bankruptcy process Orlando, FL 32896 however, in the first half of 2021 # x27 ; never! Due from now on ; s filing status is listed as an officer of another company went up 22 -. Many times care Phone Number and look for the PropCo equity transfer consists of a credit of. Listed as an officer of another company Services LLC, Notice penney opco llc refund check Reset DIP Hearing the check up %! Receive a check has been made out, to me business relationship with FINRA is at. People who receive checks should deposit or cash them within 90 days, as indicated on the check and it. Or is there a kitty that holds all lease payments due from now on,! The FTC will be sending 86,752 checks averaging about $ 56 each, in first.
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