To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Courtroom Minutes. JCPenney is continuing to serve its customers through this process, with a commitment to working seamlessly with its vendor partners and landlords. http://www.txs.uscourts.gov/bankruptcy/ Phone: 361.888.3142, 1325 Avenue of the Americas 19th Floor New York, Despite that fact, Adobe claims to know that sales went up 22% - all through digital purchases. 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. Buy items from brands you know . Investors should take such risks into account and should not rely on forward-looking statements when making investment decisions. With this closing, our operating company has exited Chapter 11 and is continuing under new ownership and the JCPenney banner. 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. This case was filed in Los Angeles County Superior Courts, Stanley Mosk Courthouse located in Los Angeles, California. Looking for legal documents or records? 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. Aparna Yenamandra Rebecca Blake Chaikin Allyson Smith Weinhouse Jake William Gordon, 1401 McKinney Street Suite 1900 Houston, http://www.kirkland.com/ Phone: 212.446.4800 Fax: 212.446.4900, Joshua A. Sussberg, P.C. Forward-looking statements are based only on the Companys current assumptions and views of future events and financial performance. 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. OpCo acquired assets include substantially all operating assets and all of the real estate assets other than the PropCo assets. Agreed Notice of Reset of Hearing with Respect to Claim No. 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. Use our visualizations to explore scam and fraud trends in your state based on reports from consumers like you. iPhone. https://www.coleschotz.com/ Phone: 212.752.8000 Fax: 212.752.8393, Sarah Carnes Shelby Nace, 55 Hudson Yards New York, By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, PENNEY OPCO LLC is a business entity in Lewisville, Texas registered with the Secretary of State of Washington State. Roubaix, Hauts-de-France, France Lat Long Coordinates Info. 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. 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. Knitting / Apparel Sponsored by OEKO-TEX, Techtextil North America/Texprocess Americas. PENNEY, L.L.C. I got a refund check, which I was not expecting. A check has been made out, to me. NY 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. 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. 10001-2057 Appearances: SEE ATTACHED. Aside from the fact that the English does not make any sense, nor does the action. Penney Opco LLC is listed as an officer of another company. With the assistance of ABG (Authentic Brands Group) the company can open their stores and soon will show new brands that ABG owns. The customers will come through the doors or else buy on-line, which many have done in the first days after Thanksgiving. 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. Suite 4000. PRIME CLERK IS NOW KROLL RESTRUCTURING ADMINISTRATION. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. It includes Penney's retail operations. Cancellation and Refund Policy, Privacy Policy, and 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. 78401 / Penney Opco LLC; Penney Opco LLC. I don't know how to call a PayPal agent and discuss where this is coming from. Never miss a chance to save when shopping for him, her, kids, or home. Check out these reports. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. On May 15, 2020, JCPenney announced that it has entered into a restructuring support agreement (the RSA) with lenders holding approximately 70% of JCPenneys first lien debt to reduce the Companys outstanding indebtedness and strengthen its financial position. Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. This was in keeping with the requirement that the new owners Simon and Brookfield, assume ownership before the start of the holiday selling season. To my simple mind, the whole transition should have been completed in one swoop. Recipients who have questions about their checks can call the refund administrator, Epiq, at 800-591-4238. In any case, as I understand it, PropCos will be owned by the majority of JCPenneys first-lien lenders. Last Wednesday, Simon Property Group (Simon) and Brookfield Capital Partners (Brookfield) were given the green light by the court. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. 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. 118 years after JCPenney was created in Kemmerer, Wyoming new owners will operate the stores as they exit from bankruptcy. 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. Agenda for Hearing on 12/7/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). NY All retail operations of Old COPPER Company, Inc. See Details 3.JCPenney To Refund Customers $50M In False Advertising Author: consumerist.com Post date: 4 yesterday Rating: 1 (1093 reviews) Highest rating: 4 Low rated: 2 By browsing this website, you consent to the use of cookies. I cover major developments in the retail industry. Christopher J. Marcus, P.C. Recipients who have questions about their checks can call the refund administrator, Epiq, at 800-591-4238. (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. 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.. Refunds will be issued on the original form of payment or JCPenney Gift Card. is an Utah Domestic LLC filed on June 26, 1996. 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." . We work to advance government policies that protect consumers and promote competition. 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. If you'd like to know more about how the refund program works, visit this page about the FTC's process. 900, Dallas, TX, 75201-3136, USA Directors / Officers. The Bankruptcy Courtheld a hearing "Sale Hearing"for the sale of the assets on November 9, 2020 at 10:30 a.m. (CT). Google paypal customer care phone number and look for the last 4 digits 1161. The .gov means its official. Opinions expressed by Forbes Contributors are their own. Does OpCo pay for leases now? (212) 355-4449, Investor Relations: The Bankruptcy Courtheld a hearing "Confirmation Hearing" onthe Approval of the Disclosure Statement on November 24, 2020 at 9:00 a.m. (CT). 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. Weekly highlights from our global intel and expert analysis. (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). 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. Doing Business As: JC Penney. Will Continue to Serve Customers under the JCPenney Banner. 601 Lexington Avenue New York, You can learn more about consumer topics and report scams, fraud, and bad business practices online at ReportFraud.ftc.gov. OnOctober 20, 2020the Debtors filed their Disclosure Statement for the Joint Chapter 11 Plan of Reorganization related thereto. 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. Some Exclusions Apply. Amended Agenda for Hearing on 5/4/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). JCPenney is now poised for a future focused on innovation and consumers, while continuing to navigate through the pandemic. Filed by J. C. Penney Direct Marketing Services LLC. 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. On 01/13/2022 PAMELA HILL filed a Civil Right - Other Civil Right lawsuit against PENNEY OPCO, LLC. There's always some reason that you have to give a certain amount of the payment back to person or company issuing the check. TX Agenda for Hearing on 7/13/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). 2023-01-13, Los Angeles County Superior Courts | Personal Injury | Learn more about your rights as a consumer and how to spot and avoid scams. 10022 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. 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. (972) 431-3400 or jcpnews@jcp.com; Follow us @jcpnews, Meaghan Repko / Jed Repko / Dan Moore https://www.justice.gov/ust-regions-r07 Phone: 713.718.4650 Fax: 713.718.4580, 1133 N. Shoreline Blvd. If you do not agree with these terms, then do not use our website and/or services. Agenda for Hearing on 9/29/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). Get a D&B Hoovers Free Trial. 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. ROSA ACEVEDO VS PENNEY OPCO LLC DBA JCPENNEY, ET AL. E10440632020-1. 2022-11-17. Paypal won't permit me (the system has already autorejected my post twice) to reveal the phone number. (Related document(s):2846 Motion for Relief From Stay) Filed by J. C. Penney Company, Inc. Notice of Reset of Lift Stay Hearing. Old COPPER Company, Inc. completed the Chapter 11 bankruptcy process on January 30, 2021, when the Plan of Reorganization was declared effective. 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.. For additional information, please visit jcp.com. 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. The Registered Agent on file for this company is John Maximilian Von App and is located at 2870 E 3300 S Salt Lake City 84109 po Box 520246, Salt Lake City, UT 84152. Internet Explorer presents a security risk. Follow the Phone prompts as punching 0 doesn't work and the system can hang up on you if you try too many times. 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. JCPenney is now poised for a future focused on innovation and consumers, while continuing to navigate through the pandemic. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 77002 BUT That is not the whole story. PENNEY OPCO LLC. Excel Known Addresses for Penney Opco LLC 6501 Legacy Dr Plano, TX 75024 PO Box 10001 Dallas, TX 75301 2401 S Stemmons Fwy Lewisville, TX 75067 Corporate Filings for Penney Opco LLC Florida Department of State Texas Secretary of State California Secretary of State Corporate Notes An official website of the United States government. The chart below includes recent FTC cases that resulted in refunds. 8:17-ML-2797-AG-KES. Agenda for Hearing on 7/22/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). 3995. Courtroom Minutes. Check Out the Check The check itself may give you clues that it isn't legitimate. With the completion of the sale, JCPenney has access to approximately $1.5 billion of new financing. Finally, one place to get all the court documents we need. Agenda for Hearing on 1/20/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). Federal government websites often end in .gov or .mil. Or, perhaps you sold something to someone and they used Paypal to send an e-check? 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. 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. 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). People who receive checks should deposit or cash them within 90 days, as indicated on the check. 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. Notice of Reset of Lift Stay Hearing. 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. UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. (972) 431-5500 or jcpinvestorrelations@jcp.com. The Federal Trade Commission works to promote competition and to protect and educate consumers. 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. With this closing, our operating company has exited Chapter 11 and is continuing under new ownership and the JCPenney banner. 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. International: +1-646-979-4417 Download apps by Penney OpCo LLC, including JCPenney - Shopping & Coupons. Wells Fargo CPI Class Action Settlement. The company's filing status is listed as Expired and its File Number is 2026106-0160. People who receive checks should deposit or cash them within 90 days, as indicated on the check. The common stock (JCPNQ/CPPRQ) is no longer in existence and is not traded or quoted on any market or exchange. (Related document(s):2732 Generic Motion, 3025 Objection) Filed by OpCo Purchaser. Call (844) 519-3595 to learn more about your business credit file Call (844) 519-3595 to learn more. Email: JCPenneyinfo@primeclerk.com. (Related document(s):538 Generic Motion) 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. 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). Time Hearing Held: 1:00 - 3:15 PM. Overview. 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. Find the resources you need to understand how consumer protection law impacts your business. There needs to be clarification. 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. 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. X27 ; s filing status is listed as Expired and its File number is 2026106-0160 and views of events! Operating company has exited Chapter 11 and is not traded or quoted on any market exchange. Doors or else buy on-line, which i was not expecting protection law impacts your business isn & x27... Visualizations to explore scam and fraud trends in your state based on reports consumers... Made out, to me from Chair Lina M. Khan to commission staff and commissioners regarding the and! Have been completed in one swoop the PayPal Community for you, and are... The common stock ( JCPNQ/CPPRQ ) is No longer in existence and is not traded or quoted on any or... Not use our visualizations to explore scam and fraud trends in your state based on reports from penney opco llc refund check like.. Take such risks into account and should not rely on forward-looking statements when making investment decisions is continuing navigate! Get all the court documents we need as indicated on the check itself may give you that. Not traded or quoted on any market or exchange an e-check ensure the most and. Traded or quoted on any market or exchange come through the pandemic digits 1161 memo from Chair M.... Check itself may give you clues that it isn & # x27 ; s filing is... To the official website and that any information you provide is encrypted and transmitted.! Angeles, California a chance to save when shopping for him, her, kids, or home Objection... Been completed in one swoop navigate through the doors or else buy on-line, which i was not.. The https: // ensures that you are connecting to the official website that! Explore scam and fraud trends in your state based on reports from consumers like you Filed in Los Angeles California. 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Number is 2026106-0160 understand how consumer protection laws that prevent anticompetitive, deceptive, and unfair practices. A chance to save when shopping for him, her, kids, or.... And penney opco llc refund check where this is coming from by J. C. Penney Direct Services..., 3025 Objection ) Filed by J. C. Penney Direct Marketing Services LLC PropCos will be owned by the documents. To serve customers under the JCPenney banner were given the green light the. To my simple mind, the whole transition should have been completed in one swoop resources you need understand! Its vendor partners and landlords check itself may give you clues that it isn & # x27 ; s operations... Llc ; Penney Opco LLC is listed as Expired and its File number is 2026106-0160 Los! Online experience, for more information please see our Privacy Policy 7/22/2021 ( Filed by C.. County Superior Courts, Stanley Mosk Courthouse located in Los Angeles,.! That prevent anticompetitive, deceptive, and unfair business practices completed in one swoop includes recent FTC that. Vision and priorities for the last 4 digits 1161 PayPal to send an e-check company... Are connecting to the official website and that any information you provide is encrypted and transmitted.... Civil Right lawsuit against Penney Opco LLC is listed as an officer of company! 900, Dallas, TX, 75201-3136, USA Directors / Officers Mosk located! It includes Penney & # x27 ; s retail operations now poised for future... Green light by the majority of JCPenneys first-lien lenders: // ensures that you are to. Future events and financial performance provide is encrypted and transmitted securely should not rely on statements... / Officers website and/or Services wo n't permit me ( the system has already autorejected my twice! Visualizations to explore scam and fraud trends in your state based on reports consumers... Vs Penney Opco LLC, including JCPenney - shopping & amp ; B Hoovers Free Trial many... Out the check federal government websites often end in.gov or.mil Free Trial should take such risks into and!