Corpus Christi, 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. 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." . Copyright 2017 Textile Industries Media Group, 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. 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. Courtroom Minutes. Aside from the fact that the English does not make any sense, nor does the action. For years, the defendants, Billing Services Group (BSG), operated as a phone billing aggregator, passing charges from third parties to telephone companies so that those charges could be placed on consumers landline telephone bills. 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. 10022 Courtroom Minutes. The customers will come through the doors or else buy on-line, which many have done in the first days after Thanksgiving. BUT That is not the whole story. 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. Additional information regarding JCPenneys financial restructuring is available at www.jcprestructuring.com. Agenda for Hearing on 6/21/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). Old COPPER Company, Inc. completed the Chapter 11 bankruptcy process on January 30, 2021, when the Plan of Reorganization was declared effective. The case status is Pending - Other Pending. In any case, as I understand it, PropCos will be owned by the majority of JCPenneys first-lien lenders. 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Christopher J. Marcus, P.C. Internet Explorer presents a security risk. Recipients who have questions about their checks can call the refund administrator, Epiq, at 800-591-4238. Agenda for Hearing on 10/4/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). Hold Billing Services, Ltd.; Avery Communications, Inc.; Veterans of America Association, Ltd.; et al. Paypal won't permit me (the system has already autorejected my post twice) to reveal the phone number. Aparna Yenamandra Rebecca Blake Chaikin Allyson Smith Weinhouse Jake William Gordon, 1401 McKinney Street Suite 1900 Houston, It's possible the check you received could be related to your portion of the settlement to compensate you for the alleged behavior. Roubaix, Hauts-de-France, France Lat Long Coordinates Info. 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). Investors should take such risks into account and should not rely on forward-looking statements when making investment decisions. 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. 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. Finally, one place to get all the court documents we need. Agenda for Hearing on 12/7/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). The Judge overseeing this case is THERESA M. TRABER. That is great. 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 probably not. (Related document(s):1594 Emergency Motion) Filed by J. C. Penney Company, Inc. Notice of Sale of Substantially All of the Debtors' Assets. 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. (Related document(s):309 Motion for Relief From Stay) Filed by J. C. Penney Direct Marketing Services LLC. There needs to be clarification. 711 Capitol Way S Ste 204, Olympia, WA 98501-1267, granite services po box 1490 gig harbor wa, PROFIT - FOREIGN LIMITED LIABILITY COMPANY, 1340 Goucher St, Pacific Plsds, CA 90272-2621, 1601 Highway 13 E, Burnsville, MN 55337-6865, 25 Omega Dr Ste 150, Williston, VT 05495-7334, 12100 Samsung Blvd, Austin, TX 78754-1903, 2251 Landmark Pl, Manasquan, NJ 08736-1026, 2077 Convention Center Concourse, Atlanta, GA 30337-4201, 4 New Century Pkwy, New Century, KS 66031-1144, 3351 Michelson Dr Ste 100, Irvine, CA 92612, 2401 S Stemmons Fwy, Ste 4000, Lewisville, TX 75067-8797, 711 Capitol Way S Ste 204, Olympia, WA 98501-1267, 711 Capitol Way S, Suite 204, Olympia, WA 98501-1267, 711 Capitol Way S, Ste 204, Olympia, WA 98501-1267, 711 Capitol Way S, Ste. (Related document(s):2387 Generic Motion, 2538 Objection to Claim) Filed by J. C. Penney Company, Inc. Notice of Reset of Lift Stay Hearing. We work to advance government policies that protect consumers and promote competition. With this closing, our operating company has exited Chapter 11 and is continuing under new ownership and the JCPenney banner. OpCo Financing Update 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. (Related document(s):1503 Emergency Motion (with hearing date)) The Court heard from Notice of Reset Hearing. A check has been made out, to me. Find the resources you need to understand how consumer protection law impacts your business. Or, perhaps you sold something to someone and they used Paypal to send an e-check? 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. I don't know how to call a PayPal agent and discuss where this is coming from. 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. The new Penney's, called Penney OpCo LLC, is a private company. 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. 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. In the lower left corner, there is more info: Bank of America, N.A., Atlanta, Dekalb County, GA . The Company does not undertake to update these forward-looking statements as of any future date. (Related document(s):628 Emergency Motion) Filed by J. C. Penney Direct Marketing Services LLC. 2022-11-17. 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 press release from JCPenney states that the Propcos are expected to emerge from the court supervised restructuring process in the first half of 2021. The companys asset purchase agreement (APA) with Simon, Brookfield and the companys DIP and 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 on November 9, 2020. 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. JCPenney filed for Chapter 11 bankruptcy on Friday, meaning the 118-year-old retailer will get what may be its final chance to turn things around. Call (301) 590-6500 to speak with a FINRA staff member. You can learn more about consumer topics and report scams, fraud, and bad business practices online at ReportFraud.ftc.gov. PENNEY OPCO LLC is a business entity in Lewisville, Texas registered with the Secretary of State of Washington State. On December 7, 2020, Old COPPER Company, Inc. (OTCMKTS: CPPRQ), formerly known as J. C. Penney Company, Inc. (OTCMKTS: JCPNQ), completed the sale of substantially all of its retail and operating assets to Penney OpCo LLC, an entity controlled by Simon Property Group and Brookfield Asset Management, Inc. Penney OpCo LLC is a private company doing PENNEY, L.L.C. Overview. The Bankruptcy Courtheld a hearing "Sale Hearing"for the sale of the assets on November 9, 2020 at 10:30 a.m. (CT). Notice of Electronic Hearing. (Related document(s):2732 Generic Motion, 3025 Objection) Filed by OpCo Purchaser. 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. 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. This milestone would not be possible without the commitment and hard work of our associates and the support of our vendor partners. 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 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. is an Utah Domestic LLC filed on June 26, 1996. Amended Agenda for Hearing on 5/4/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). 2022-11-21, Los Angeles County Superior Courts | Labor | Morning to Early Afternoon will likely connect you with a rep who is US based. This content may be old or outdated. NEW HAMPSHIRE FOREIGN LIMITED-LIABILITY COMPANY. Summary: Penney OpCo LLC is a private company doing business as JCPenney outside of the Chapter 11 bankruptcy process. 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. 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 defendants admitted that they did not vet the charges before processing them and did not investigate consumer complaints about unauthorized charges. Joele Frank Wilkinson Brimmer Katcher 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.. 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