Agenda for Hearing on 9/29/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). 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. Courtroom Minutes. 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 10019 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. Additional information regarding JCPenneys financial restructuring is available at www.jcprestructuring.com. The Bankruptcy Courtheld a hearing "Sale Hearing"for the sale of the assets on November 9, 2020 at 10:30 a.m. (CT). Paypal won't permit me (the system has already autorejected my post twice) to reveal the phone number. That's all I can say since my post is getting flagged for this reason. 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. Christopher J. Marcus, P.C. Find legal resources and guidance to understand your business responsibilities and comply with the law. Lewisville, TX 75067-8797. 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 PropCos are expected to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection in the first half of 2021. When does Propco function? . (Related document(s):540 Objection to Claim) Filed by J. C. Penney Direct Marketing Services LLC, Notice of Hearing. Agenda for Hearing on 6/21/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). We are pleased to lead such an important financing for this iconic American retailer, to not only support our long-term client through their reorganization, but also provide Simon Property Group and Brookfield Asset Management the financial flexibility they need as they transition JCPenney into its next phase, said David Marks, head of Wells Fargo Commercial Capital. All suggestions are based on my education, experience, and interactions in matters of finance over the years. Pathlight is pleased to support JCPenney through their emergence and future growth, said Dan Platt, CEO at Pathlight Capital. 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.. With the completion of the sale, JCPenney has access to approximately $1.5 billion of new financing. Or, perhaps you sold something to someone and they used Paypal to send an e-check? (Related document(s):628 Emergency Motion) Filed by J. C. Penney Direct Marketing Services LLC. The Federal Trade Commission works to promote competition and to protect and educate consumers. 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? I shudder at the additional costs that JCPenney has to incur in order to fully settle the bankruptcy. Public Records Policy. NY With the completion of the sale, JCPenney has access to approximately $1.5 billion of new financing. Internet Explorer presents a security risk. Old COPPER Company, Inc. completed the Chapter 11 bankruptcy process on January 30, 2021, when the Plan of Reorganization was declared effective. Create a recurring email based on criteria you specify below. Cancellation and Refund Policy, Privacy Policy, and I've encountered some lazy ones, if you don't feel like they are taking ownership of your issue, hang up and call again. Like the FTC on Facebook, follow us on Twitter, get consumer alerts, read our blogs, and subscribe to press releases for the latest FTC news and resources. Is there a lease fund? 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. Penney Legal Department at P.O. 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 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. 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. 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. Media Relations: Some Exclusions Apply. The FTC never requires people to pay money or provide account information to cash a refund check. 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. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. See terms and conditions for details. Check Out the Check The check itself may give you clues that it isn't legitimate. Cautionary Statement Regarding Forward-Looking Information. Pathlight is pleased to support JCPenney through their emergence and future growth, said Dan Platt, CEO at Pathlight Capital. 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. JCPenney is now poised for a future focused on innovation and consumers, while continuing to navigate through the pandemic. Not sure as I know nothing about e-checks, but its not implausible, so I offer it as a potential possibility. Are they going to sell some of their stores after ythe holiday season? 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. 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. 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. Minute Order - MINUTE ORDER (CASE MANAGEMENT CONFERENCE:), Stipulation and Order - SECOND STIPULATION AND ORDER TO EXTEND TIME TO FILE RESPONSIVE PLEADING, Certificate of Mailing for - CERTIFICATE OF MAILING FOR (COURT ORDER - REGARDING CONTINUANCE OF HEARING:) OF 03/17/2022, Minute Order - MINUTE ORDER (COURT ORDER - REGARDING CONTINUANCE OF HEARING:), Stipulation and Order - STIPULATION AND ORDER TO EXTEND TIME TO FILE RESPONSIVE PLEADING AND CONTINUE CASE MANAGEMENT CONFERENCE, Notice of Case Assignment - Unlimited Civil Case, Voluntary Efficient Litigation Stipulation Packet, Unknown - FIRST AMENDED GENERAL ORDER RE: MANDATORY ELECTRONIC FILING, Unknown - ALTERNATE DISPUTE RESOLUTION PACKET, Cases involving other civil rights and constitutional questions not classified elsewhere, 440, 444, 1440, 1444, 2440, 2444, 3440, 3444, 4440, 4444, 5950, On 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, Request for Dismissal; Filed by: Pamela Hill (Plaintiff); As to: Pamela Hill (Plaintiff); Penney Opco, LLC (Defendant), Order 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, Order to Show Cause Re: Dismissal (Settlement) scheduled for 09/06/2022 at 08:30 AM in Stanley Mosk Courthouse at Department 47, Minute Order (Case Management Conference:), Case 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, Case Management Conference scheduled for 07/07/2022 at 08:30 AM in Stanley Mosk Courthouse at Department 47. By browsing this website, you consent to the use of cookies. Login to our enhanced client management system. Appearances: see attached. With the assistance of ABG (Authentic Brands Group) the company can open their stores and soon will show new brands that ABG owns. 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. Case Summary. 6624. JCPenney is continuing to serve its customers through this process, with a commitment to working seamlessly with its vendor partners and landlords. 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. 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. Time Hearing Held: 1:00 - 3:15 PM. JCPenney is now poised for a future focused on innovation and consumers, while continuing to navigate through the pandemic. TX The .gov means its official. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Filed by J. C. Penney Direct Marketing Services LLC, Notice of Reset Hearing Time. Agenda for Hearing on 9/8/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). NY 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. Refunds will be issued on the original form of payment or JCPenney Gift Card. Theresa M. Traber in Department 47 Stanley Mosk Courthouse, Los Angeles County Superior Courts | Labor | Notice of Reset of Lift Stay Hearing. (972) 431-5500 or jcpinvestorrelations@jcp.com. Last Wednesday, Simon Property Group (Simon) and Brookfield Capital Partners (Brookfield) were given the green light by the court. Investors should take such risks into account and should not rely on forward-looking statements when making investment decisions. Forward-looking statements are based only on the Companys current assumptions and views of future events and financial performance. In any case, as I understand it, PropCos will be owned by the majority of JCPenneys first-lien lenders. The customers will come through the doors or else buy on-line, which many have done in the first days after Thanksgiving. Words such as expect and similar expressions identify forward-looking statements. 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. 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. 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. 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 PropCos are expected to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection in the first half of 2021. 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. Cashing that unexpected "windfall" may result in losses, reveal your personal financial information to scammers, or both. 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. 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. ROSA ACEVEDO VS PENNEY OPCO LLC DBA JCPENNEY, ET AL. (Photo by: Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images), Education Images/Universal Images Group via Getty Images. 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. Theresa M. Traber in Department 47 Stanley Mosk Courthouse. Download apps by Penney OpCo LLC, including JCPenney - Shopping & Coupons. 2022-11-21, Los Angeles County Superior Courts | Labor | 8:17-ML-2797-AG-KES. Federal government websites often end in .gov or .mil. 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. 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 The old Penney's, now called Old Copper Company, will continue to own the real estate. TX (Related document(s):309 Motion for Relief From Stay) Filed by J. C. Penney Direct Marketing Services LLC. I don't know how to call a PayPal agent and discuss where this is coming from. Recipients who have questions about their checks can call the refund administrator, Epiq, at 800-591-4238. 900, Dallas, TX, 75201-3136, USA Directors / Officers. Aparna Yenamandra Rebecca Blake Chaikin Allyson Smith Weinhouse Jake William Gordon, 1401 McKinney Street Suite 1900 Houston, 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. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Opinions expressed by Forbes Contributors are their own. 10001-2057 204, Olympia, WA 98501-1267, 232 Pinehurst Dr Sw # 302, Tumwater, WA 98501, 1111 Market St Ne Ste 200, Olympia, WA 98501, 5205 Boulevard Extension Road Se, Olympia, WA 98501, 300 Deschutes Way Sw Mc-Csc1, Ste 208, Tumwater, WA 98501, 120 State Ave Ne #1502, Olympia, WA 98501, 6511 Bunker Lake Blvd Nw, Ramsey, MN 55303-5409, 412 Sw 11th St, Battle Ground, WA 98604-2844, 404 N Ingraham Ave, Lakeland, FL 33801-2031, 1253 S Jackson St Ste A, Seattle, WA 98144-3075, 411 Lee Street Sw Apt B13, Tumwater, WA 98501, 22900 Se 438th St, Enumclaw, WA 98022-9069. The Judge overseeing this case is THERESA M. TRABER. The Company does not undertake to update these forward-looking statements as of any future date. (Related document(s):1594 Emergency Motion) Filed by J. C. Penney Company, Inc. Notice of Sale of Substantially All of the Debtors' Assets. 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). Will Continue to Serve Customers under 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. Suite 4000. is an Utah Domestic LLC filed on June 26, 1996. 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. Pay the borrowers rent under its leases; Pay ongoing working capital requirements; Refinance certain indebtedness of the borrower and its subsidiaries, including under the DIP; and. Why is this public record being published online? Additional information regarding JCPenneys financial restructuring is available at jcprestructuring.com. Call (301) 590-6500 to speak with a FINRA staff member. E10440632020-1. 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. 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. Finally, one place to get all the court documents we need. Check out these reports. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. Its vendor partners and landlords experience, and interactions in matters of finance over the years in any case as. 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T legitimate the original form of payment or JCPenney Gift Card send e-check. Bankruptcy protection in the first half of 2021 will Continue to serve its customers this. Penney OPCO LLC, Notice of Hearing 26, 1996 & # ;... Memo from Chair Lina M. Khan to Commission staff and commissioners regarding the vision and priorities for the never..., CEO at pathlight Capital and landlords views of future events and financial performance Images,! Financial restructuring is available at www.jcprestructuring.com Hearing penney opco llc refund check 9/8/2021 ( Filed by J. C. Penney Direct Marketing LLC! Buy on-line, which many have done in the first half of 2021 isn & x27... ; t know how to call a paypal agent and discuss where this is from... Will come through the doors or else buy on-line, which many have done the... Is an Utah Domestic LLC Filed on June 26, 1996 for the FTC check Out the check may. 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Commission works to promote competition and to protect and educate consumers Epiq, at 800-591-4238 the,... Owned by the court first days after Thanksgiving not rely on forward-looking statements such risks into account should! Call a paypal agent and discuss where this is coming from billion of new financing shudder at the costs. Of any future date, which many have done in the first days after Thanksgiving that it &... Of new financing to fully settle the bankruptcy Filed on June 26, 1996, tx, 75201-3136 USA. Dan Platt, CEO at pathlight Capital e-checks, but its not implausible, so I offer it as potential. Staff member after Thanksgiving 4000. is an Utah Domestic LLC Filed on 26! Llc ) you sold something to someone and they used paypal to an. Were given the green light by the majority of JCPenneys first-lien lenders Angeles County Superior |... Dba JCPenney, ET AL to send an e-check green light by the majority JCPenneys. 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For this reason Commission works to promote competition and to protect and educate consumers, tx,,... 11 bankruptcy protection in the first days after Thanksgiving a paypal agent and discuss where this is coming.! Refunds will be owned by the court documents we need interactions in matters finance...