The old Penney's, now called Old Copper Company, will continue to own the real estate. If you receive a check from FINRA, do not cash itunless you have a current business relationship with FINRA. The Companys asset purchase agreement (APA) with Simon, Brookfield and the Companys DIP and First Lien Lenders (First Lien Lenders), supported by the Unsecured Creditors Committee, had previously been approved by the U.S. Bankruptcy Court for the Southern District of Texas (the Court) on November 9, 2020. I've encountered some lazy ones, if you don't feel like they are taking ownership of your issue, hang up and call again. Does OpCo pay for leases now? Theresa M. Traber in Department 47 Stanley Mosk Courthouse, Los Angeles County Superior Courts | Labor | That's all I can say since my post is getting flagged for this reason. All retail operations of Old COPPER Company, Inc. ended effective with the sale of its operating assets. Christopher J. Marcus, P.C. Cancellation and Refund Policy, Privacy Policy, and And the best part of all, documents in their CrowdSourced Library are FREE! Box 10001 Dallas, Texas 75301-7304 email trademarks-sm@jcp.com, or call (972) 431-1000. 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.. 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. An official website of the United States government. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. NY WRITE REVIEW. The defendants admitted that they did not vet the charges before processing them and did not investigate consumer complaints about unauthorized charges. Learn more about your rights as a consumer and how to spot and avoid scams. Kroll Restructuring Administration (formerly known as Prime Clerk) collects your email for the sole purpose of sending you updates on the docket activity for the case you select at the frequency and for the duration that you designate. The .gov means its official. OpCo Financing Update TX (Related document(s):1503 Emergency Motion (with hearing date)) The Court heard from Notice of Reset Hearing. 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. Notice of Reset Hearing. This was in keeping with the requirement that the new owners Simon and Brookfield, assume ownership before the start of the holiday selling season. Notice of Electronic Hearing. People who receive checks should deposit or cash them within 90 days, as indicated on the check. http://www.kirkland.com/ Phone: 212.446.4800 Fax: 212.446.4900, Joshua A. Sussberg, P.C. 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):309 Motion for Relief From Stay) Filed by J. C. Penney Direct Marketing Services LLC. 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. Additional information regarding JCPenneys financial restructuring is available at www.jcprestructuring.com. TX 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." . Summary: Penney OpCo LLC is a private company doing business as JCPenney outside of the Chapter 11 bankruptcy process. 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. TX 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. Filed by J. C. Penney Direct Marketing Services LLC, Notice of Reset of Hearing. The common stock (JCPNQ/CPPRQ) is no longer in existence and is not traded or quoted on any market or exchange. 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.. / Penney Opco LLC; Penney Opco LLC. If you'd like to know more about how the refund program works, visit this page about the FTC's process. (Related document(s):628 Emergency Motion) Filed by J. C. Penney Direct Marketing Services LLC. JCPenney To Refund Customers $50M In False Advertising Settlement. Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Penney Opco LLC VISIT WEBSITE Contact Information 2401 S Stemmons Fwy, Ste 4000 Lewisville, TX 75067-8797 VIEW MAP (972) 431-1000 www.jcpenney.com Company Details Location Type: Headquarters Industry: Department Stores Ownership: Private Year Founded: 1902 This milestone would not be possible without the commitment and hard work of our associates and the support of our vendor partners. 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. Agenda for Hearing on 9/29/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). Download apps by Penney OpCo LLC, including JCPenney - Shopping & Coupons. Words such as expect and similar expressions identify forward-looking statements. 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. That's a red flag. 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. (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 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. Never miss a chance to save when shopping for him, her, kids, or home. https://www.justice.gov/ust-regions-r07 Phone: 713.718.4650 Fax: 713.718.4580, 1133 N. Shoreline Blvd. 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. (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. The Bankruptcy Courtheld a hearing "Sale Hearing"for the sale of the assets on November 9, 2020 at 10:30 a.m. (CT). 900, Dallas, TX, 75201-3136, USA Directors / Officers. 1999-2023 PayPal, Inc. All rights reserved. Email: JCPenneyinfo@primeclerk.com. 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 Judge overseeing this case is THERESA M. TRABER. 3995. 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. PENNEY OPCO LLC is a business entity in Lewisville, Texas registered with the Secretary of State of Washington State. 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 case status is Pending - Other Pending. The FTC will be sending 86,752 checks averaging about $56 each. Check Out the Check The check itself may give you clues that it isn't legitimate. 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. (Related document(s):1594 Emergency Motion) Filed by J. C. Penney Company, Inc. Notice of Sale of Substantially All of the Debtors' Assets. The PropCos are expected to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection in the first half of 2021. (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. 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. Call (844) 519-3595 to learn more about your business credit file Call (844) 519-3595 to learn more. The Judge overseeing this case is THERESA M. TRABER Penney Direct Marketing Services LLC False Advertising.. Before processing them and did not investigate consumer complaints about unauthorized charges documents in their CrowdSourced Library are FREE by... Own the real estate protection in the first half of 2021 and transmitted securely receive checks should deposit or them! This case is THERESA M. 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