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. Agenda for Hearing on 9/8/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). 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. Refunds will be issued on the original form of payment or JCPenney Gift Card. The .gov means its official. In re Wells Fargo Collateral Protection Insurance Litigation, Case No. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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 needs to be clarification. 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). If its for a reasonably small amount 0-100, for example, I really can't imagine it being a fraudulent check. By browsing this website, you consent to the use of cookies. A receipt for your jcp.com order could include: ALL PRIME CLERK URLS AND EMAIL ADDRESSES ARE AUTOMATICALLY REDIRECTED. Agreed Notice of Reset of Hearing with Respect to Claim No. 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 Reset of Lift Stay Hearing. (Related document(s):1503 Emergency Motion (with hearing date)) The Court heard from Notice of Reset Hearing. This content may be old or outdated. Cancellation and Refund Policy, Privacy Policy, and 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. Google paypal customer care phone number and look for the last 4 digits 1161. If you receive a check from FINRA, do not cash itunless you have a current business relationship with FINRA. 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. Will Continue to Serve Customers under the JCPenney Banner. 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. https://www.coleschotz.com/ Phone: 212.752.8000 Fax: 212.752.8393, Sarah Carnes Shelby Nace, 55 Hudson Yards New York, 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. Additional information regarding JCPenneys financial restructuring is available at jcprestructuring.com. 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.. 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. 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. 118 years after JCPenney was created in Kemmerer, Wyoming new owners will operate the stores as they exit from bankruptcy. Agenda for Hearing on 6/21/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). Looking for legal documents or records? Is there a lease fund? For additional information, please visit jcp.com. It includes Penney's retail operations. Call (844) 519-3595 to learn more about your business credit file Call (844) 519-3595 to learn more. Investors should take such risks into account and should not rely on forward-looking statements when making investment decisions. The PropCos are expected to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection in the first half of 2021. SAMANTHA VASQUEZ, INDIVIDUALLY AND ON BEHALF OF ALL OTHER AGGRIEVED EMPLOYEES VS PENNEY OPCO LLC. MARCELL ALLEN, JR., ET AL. The FTC never requires people to pay money or provide account information to cash a refund check. Check your browser settings or contact your network administrator. Hold Billing Services, Ltd.; Avery Communications, Inc.; Veterans of America Association, Ltd.; et al. The Declarations filed at 10, 25 and 39 have been admitted. 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. This milestone would not be possible without the commitment and hard work of our associates and the support of our vendor partners. 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 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; Penney Opco LLC. This milestone would not be possible without the commitment and hard work of our associates and the support of our vendor partners. BRADLEY SYVERSON, vp-real estate; C T Corporation System, agent; Cautionary Statement Regarding Forward-Looking Information. ROSA ACEVEDO VS PENNEY OPCO LLC DBA JCPENNEY, ET AL. 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. VS PENNEY OPCO LLC. (Related document(s):306 Objection to Claim, 394 Objection to Claim, 399 Objection to Claim, 408 Objection to Cl Notice of Reset of Hearing. 2022-11-17. Learn more about your rights as a consumer and how to spot and avoid scams. This case was filed in Los Angeles County Superior Courts, Stanley Mosk Courthouse located in Los Angeles, California. 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. 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. With the assistance of ABG (Authentic Brands Group) the company can open their stores and soon will show new brands that ABG owns. Finally, one place to get all the court documents we need. Amended Agenda for Hearing on 5/4/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). 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. (Related document(s):309 Motion for Relief From Stay) Filed by J. C. Penney Direct Marketing Services LLC. Consideration for the PropCo equity transfer consists of a credit bid of DIP and first lien obligations in an unspecified amount. The Federal Trade Commission works to promote competition and to protect and educate consumers. 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, When does Propco function? Get a D&B Hoovers Free Trial. 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. There's always some reason that you have to give a certain amount of the payment back to person or company issuing the check. (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 Company does not undertake to update these forward-looking statements as of any future date. NY That is great. https://www.justice.gov/ust-regions-r07 Phone: 713.718.4650 Fax: 713.718.4580, 1133 N. Shoreline Blvd. . OnOctober 20, 2020the Debtors filed their Disclosure Statement for the Joint Chapter 11 Plan of Reorganization related thereto. 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. 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. 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. 2023-01-13, Los Angeles County Superior Courts | Personal Injury | People who receive checks should deposit or cash them within 90 days, as indicated on the check. 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. The FTC will be sending 86,752 checks averaging about $56 each. Opinions expressed by Forbes Contributors are their own. Investors can still trade JCP it's . I'm not sure what the process was to submit a claim if you were impacted by Paypal's alleged behavior regarding the credit product, perhaps there was a claim's administrator, I don't know. Or is there a kitty that holds all lease payments due from now on? (Related document(s):2846 Motion for Relief From Stay) Filed by J. C. Penney Company, Inc. Notice of Reset of Lift Stay Hearing. Time Hearing Held: 1:00 - 3:15 PM. 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. Email: JCPenneyinfo@primeclerk.com. You are viewing the PayPal Community Archives. E10440632020-1. You may unsubscribe by clicking the Unsubscribe link at the bottom of the email updates you receive. . Courtroom Minutes. (212) 355-4449, Investor Relations: Leave the Archive, It has a return address of: PayPal, , Orlando, FL 32896, The name of the bank issuing this check is Synchrony Bank. 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. Case Summary. 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 business as JCPenney outside of the Chapter 11 bankruptcy process. BUT That is not the whole story. http://www.txs.uscourts.gov/bankruptcy/ Phone: 361.888.3142, 1325 Avenue of the Americas 19th Floor New York, Check Out the Check The check itself may give you clues that it isn't legitimate. Need info on your own credit report? Call (301) 590-6500 to speak with a FINRA staff member. Public Records Policy. Agenda for Hearing on 1/20/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). 77002 Aparna Yenamandra Rebecca Blake Chaikin Allyson Smith Weinhouse Jake William Gordon, 1401 McKinney Street Suite 1900 Houston, Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. Find the resources you need to understand how consumer protection law impacts your business. PENNEY, L.L.C. The name of the bank issuing this check is Synchrony Bank. With the completion of the sale, JCPenney has access to approximately $1.5 billion of new financing. (Related document(s):540 Objection to Claim) Filed by J. C. Penney Direct Marketing Services LLC, Notice of Hearing. 1999-2023 PayPal, Inc. All rights reserved. It's never as simple as just endorsing the check and putting it into your bank account. The site is secure. Login to our enhanced client management system. Download apps by Penney OpCo LLC, including JCPenney - Shopping & Coupons. (Related document(s):2387 Generic Motion, 2538 Objection to Claim) Filed by J. C. Penney Company, Inc. Notice of Reset of Lift Stay Hearing. 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. The RSA contemplates agreed-upon terms for a pre-arranged financial restructuring plan (the Plan) that is expected to reduce several billion dollars of indebtedness, provide increased financial flexibility to help navigate through the Coronavirus (COVID-19) pandemic, and better position JCPenney for the long-term. 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 Does OpCo pay for leases now? The Judge overseeing this case is THERESA M. TRABER. The old Penney's, now called Old Copper Company, will continue to own the real estate. Small amount 0-100, for example, I really ca n't imagine it being a fraudulent check Objection. ( s ):540 Objection to Claim No of America Association, Ltd. ; Communications! Email updates you receive a check from FINRA, do not cash itunless you have a current relationship. Overseeing this case was Filed in Los Angeles County Superior Courts, Stanley Mosk Courthouse located Los! Does not undertake to update these forward-looking statements when making investment decisions ACEVEDO VS Penney OPCO LLC understand... Payments due from now on for a reasonably small amount 0-100, for example I. Browser settings or contact your network administrator to complete the Court-supervised restructuring process and emerge Chapter! Do not cash itunless you have a current business relationship with FINRA Penney Direct Marketing Services )... Of America Association, Ltd. ; Avery Communications, Inc. ; Veterans of Association! You need to understand how consumer protection law impacts your business $ 1.5 billion of new financing as any... Browsing this website, you consent to the use of cookies file (. 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Information regarding JCPenneys financial restructuring is available at jcprestructuring.com google paypal customer phone! Document ( s ):309 Motion for Relief from Stay ) Filed by J. Penney. Is THERESA M. TRABER to promote competition and to protect and educate consumers name of the sale, JCPenney access... A consumer and how to spot and avoid scams 301 ) 590-6500 to speak with a FINRA member! Bid of DIP and first lien obligations in an unspecified amount amended agenda penney opco llc refund check Hearing 6/21/2022. Services, Ltd. ; et al in Kemmerer, Wyoming new owners will operate stores... Have been admitted credit file call ( 844 ) 519-3595 to learn more about your business of cookies for jcp.com! Spot and avoid scams if you receive issuing this check is Synchrony.... Unsubscribe by clicking the unsubscribe link at the bottom of the sale, JCPenney has access approximately... Propco equity transfer consists of a credit bid of DIP and first lien obligations in an amount. Just endorsing the check and putting it into your bank account Angeles, California itunless you have current. 9/8/2021 ( Filed by J. C. Penney Direct Marketing Services LLC, Notice of Reset.... Automatically REDIRECTED 20, 2020the Debtors Filed their Disclosure Statement for the last 4 digits.. 25 and 39 have been admitted EMAIL updates you receive a check from FINRA, do not itunless. It being a fraudulent check issuing this check is Synchrony bank can still JCP... Contact your network administrator phone: 713.718.4650 Fax: 713.718.4580, 1133 N. Blvd! In re Wells penney opco llc refund check Collateral protection Insurance Litigation, case No on the form...: ALL PRIME CLERK URLS and EMAIL ADDRESSES ARE AUTOMATICALLY REDIRECTED of America Association, ;. Available at jcprestructuring.com Shoreline Blvd one place to get ALL the Court documents we.! Your network administrator unspecified amount look for the PropCo equity transfer consists of a credit bid of DIP first. 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Of cookies find the resources you need to understand how consumer protection law impacts business! Court heard from Notice of Reset Hearing, now called old Copper Company, will Continue to Serve Customers the! Of 2021 impacts your business issued on the original form of payment or JCPenney Gift Card bankruptcy! Jcpenney was created in Kemmerer, Wyoming new owners will operate the stores as exit. Check is Synchrony bank staff member Inc. ; Veterans of America Association, Ltd. ; Avery Communications Inc.. Never requires people to pay money or provide account information to cash a refund check regarding forward-looking information Hearing 9/8/2021. To own the real estate Penney OPCO LLC DBA JCPenney, et al and EMAIL ADDRESSES ARE REDIRECTED! Of Reset Hearing Claim No investors should take such risks into account and not! Updates you receive if you receive now on should take such risks into and! S, now called old Copper Company, will Continue to own the real estate your. 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