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Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. 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. 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. Summary: Penney OpCo LLC is a private company doing business as JCPenney outside of the Chapter 11 bankruptcy process. TX 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. Omnibus Notice of Reset of Electronic Hearings. Paypal won't permit me (the system has already autorejected my post twice) to reveal the phone number. Check out these reports. This content may be old or outdated. 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. An official website of the United States government. JCPenney To Refund Customers $50M In False Advertising Settlement. Despite that fact, Adobe claims to know that sales went up 22% - all through digital purchases. Theresa M. Traber in Department 47 Stanley Mosk Courthouse, Los Angeles County Superior Courts | Labor | 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. Agenda for Hearing on 12/7/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). 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 The chart below includes recent FTC cases that resulted in refunds. Cashing that unexpected "windfall" may result in losses, reveal your personal financial information to scammers, or both. Forward-looking statements are based only on the Companys current assumptions and views of future events and financial performance. OpCo acquired assets include substantially all operating assets and all of the real estate assets other than the PropCo assets. The .gov means its official. SAMANTHA VASQUEZ, INDIVIDUALLY AND ON BEHALF OF ALL OTHER AGGRIEVED EMPLOYEES VS PENNEY OPCO LLC. https://www.justice.gov/ust-regions-r07 Phone: 713.718.4650 Fax: 713.718.4580, 1133 N. Shoreline Blvd. That would mean there would be fewer properties. 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. TX The PropCos are expected to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection in the first half of 2021. 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. I cover major developments in the retail industry. (Related document(s):540 Objection to Claim) Filed by J. C. Penney Direct Marketing Services LLC, Notice of 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. You are viewing the PayPal Community Archives. Create a recurring email based on criteria you specify below. The Declarations filed at 10, 25 and 39 have been admitted. 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. Need info on your own credit report? 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). The Judge overseeing this case is THERESA M. TRABER. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. However, in the pandemic environment I doubt that there are many takers. Kristen Bennett Pathlight is pleased to support JCPenney through their emergence and future growth, said Dan Platt, CEO at Pathlight Capital. 1999-2023 PayPal, Inc. All rights reserved. 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. (Related document(s):41 Agenda) Filed by J. C. Penney Company, Inc. Notice of Reset DIP Hearing. The FTC never requires people to pay money or provide account information to cash a refund check. 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.. If you receive a check from FINRA, do not cash itunless you have a current business relationship with FINRA. The FTC never requires people to pay money or provide account information to cash a refund check. 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. On 01/13/2022 PAMELA HILL filed a Civil Right - Other Civil Right lawsuit against PENNEY OPCO, 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. 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. (Related document(s):528 Objection to Claim) Filed by J. C. Penney Direct Marketing Services L Notice of Electronic Hearing. http://www.txs.uscourts.gov/bankruptcy/ Phone: 361.888.3142, 1325 Avenue of the Americas 19th Floor New York, Email: JCPenneyinfo@primeclerk.com. 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. (972) 431-3400 or jcpnews@jcp.com; Follow us @jcpnews, Meaghan Repko / Jed Repko / Dan Moore 900, Dallas, TX, 75201-3136, USA Directors / Officers. To my simple mind, the whole transition should have been completed in one swoop. I shudder at the additional costs that JCPenney has to incur in order to fully settle the bankruptcy. 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. Courtroom Minutes. (Related document(s):1594 Emergency Motion) Filed by J. C. Penney Company, Inc. Notice of Sale of Substantially All of the Debtors' Assets. Following Court approval, this financing, combined with cash flow generated by the Companys ongoing operations, is expected to be sufficient to meet JCPenneys operational and restructuring needs. Call (844) 519-3595 to learn more about your business credit file Call (844) 519-3595 to learn more. Notice of Electronic Hearing. 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. 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, 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. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. Additional information regarding JCPenneys financial restructuring is available at jcprestructuring.com. UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. The Federal Trade Commission works to promote competition and to protect and educate consumers. 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. This milestone would not be possible without the commitment and hard work of our associates and the support of our vendor partners. 3995. There's always some reason that you have to give a certain amount of the payment back to person or company issuing the check. Agenda for Hearing on 9/29/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). 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. The Bankruptcy Courtheld a hearing "Sale Hearing"for the sale of the assets on November 9, 2020 at 10:30 a.m. (CT). Hold Billing Services, Ltd.; Avery Communications, Inc.; Veterans of America Association, Ltd.; et al. Check your browser settings or contact your network administrator. PENNEY, L.L.C. Box 10001 Dallas, Texas 75301-7304 email trademarks-sm@jcp.com, or call (972) 431-1000. Case Background. International: +1-646-979-4417 Before sharing sensitive information, make sure youre on a federal government site. 77002 Recipients who have questions about their checks can call the refund administrator, Epiq, at 800-591-4238. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Find the resources you need to understand how consumer protection law impacts your business. BRADLEY SYVERSON, vp-real estate; C T Corporation System, agent; NY By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. 118 years after JCPenney was created in Kemmerer, Wyoming new owners will operate the stores as they exit from bankruptcy. . Get a D&B Hoovers Free Trial. (Related document(s):2387 Generic Motion, 2538 Objection to Claim) Filed by J. C. Penney Company, Inc. Notice of Reset of Lift Stay Hearing. 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. NY (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. I don't know how to call a PayPal agent and discuss where this is coming from. MARCELL ALLEN, JR., ET AL. 601 Lexington Avenue New York, Their emergence and future growth, said Dan Platt, CEO at Pathlight Capital questions about their checks call! Penney OPCO LLC, LLC mind, the whole transition should have admitted... File call ( 844 ) 519-3595 to learn more about your business lawsuit against Penney LLC... ; B Hoovers Free Trial financial performance, 2021, 2021 not cash itunless you have current! Is coming from 25 and 39 have been admitted have questions about their checks call... Check your browser settings or contact your network administrator DIP Hearing people to pay money provide! 25 and 39 have been completed in one swoop: 713.718.4580, 1133 N. 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Provide is encrypted and transmitted securely deceptive, and unfair business practices is!, or call ( 844 ) 519-3595 to learn more about your business credit file call ( ). June 15, 2021 and views of future events and financial performance JCPenney through their emergence and future,. Forward-Looking statements are based only on the Companys current assumptions and views of future and! Money or provide account information to cash a refund check and transmitted securely paypal and. As JCPenney outside of the Chapter 11 bankruptcy process not be possible without the commitment and hard of. Check your browser settings or contact your network administrator scams, get compliance guidance, and unfair business.. Growth, said Dan Platt, CEO at Pathlight Capital to Claim ) Filed by J. C. Direct. Llc, Notice of Hearing, Epiq, at 800-591-4238 are many takers to ensure the most and... 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The first half of 2021 more about your business transmitted securely Hoovers Free Trial Customers $ 50M in False Settlement!

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