This was in keeping with the requirement that the new owners Simon and Brookfield, assume ownership before the start of the holiday selling season. The FTC never requires people to pay money or provide account information to cash a refund check. To implement the Plan, the Companyfiled voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas, in Corpus Christi, Texas (the Court). / Penney Opco LLC; Penney Opco LLC. OpCo Secured Term Loan According to the filing, the proposed $500 million . People who receive checks should deposit or cash them within 90 days, as indicated on the check. Copyright 2017 Textile Industries Media Group, LLC. 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. 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. I cover major developments in the retail industry. Old COPPER Company, Inc. completed the Chapter 11 bankruptcy process on January 30, 2021, when the Plan of Reorganization was declared effective. Kristen Bennett (Related document(s):528 Objection to Claim) Filed by J. C. Penney Direct Marketing Services L Notice of Electronic Hearing. 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). For additional information, please visit jcp.com. iPhone. Pathlight is pleased to support JCPenney through their emergence and future growth, said Dan Platt, CEO at Pathlight Capital. Notice of Electronic Hearing. Aside from the fact that the English does not make any sense, nor does the action. All retail operations of Old COPPER Company, Inc. ended effective with the sale of its operating 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. 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. (Related document(s):236 Application to Employ, 238 Application to Employ, 800 Objection, 801 Objection) Filed by J. C. Penney Company, Inc. Notice of Reset Hearing on Motion for Entry of an Order (I) Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Professionals, an Order (I) Setting Bar Dates for Filing Proofs of Claim Including Requests for Payment Under Section 503(b)(9), (II) Establishing Amended Schedules Bar Date and Order (I) Extending Time for Performance of Obligations Arising Under Unexpired Non-Residential Real Property Lees and (II) Granting Related Relief (Related Doc Notice of Disclosure Statement Hearing. TX A check has been made out, to me. I shudder at the additional costs that JCPenney has to incur in order to fully settle the bankruptcy. (Related document(s):628 Emergency Motion) Filed by J. C. Penney Direct Marketing Services LLC. Omnibus Notice of Reset of Electronic Hearings. With the assistance of ABG (Authentic Brands Group) the company can open their stores and soon will show new brands that ABG owns. 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. Pathlight is pleased to support JCPenney through their emergence and future growth, said Dan Platt, CEO at Pathlight Capital. 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. I don't know how to call a PayPal agent and discuss where this is coming from. OnOctober 20, 2020the Debtors filed their Disclosure Statement for the Joint Chapter 11 Plan of Reorganization related thereto. Box 10001 Dallas, Texas 75301-7304 email [email protected], or call (972) 431-1000. International: +1-646-979-4417 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. 2022-11-17. They are pretty nice and some reps can be more helpful than others. Agenda for Hearing on 7/13/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). Corpus Christi, 2022-11-21, Los Angeles County Superior Courts | Labor | 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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. 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. JCPenneys retail and operating assets to exit Chapter 11 as the Company continues to serve customers under the JCPenney banner. In re Wells Fargo Collateral Protection Insurance Litigation, Case No. Public Records Policy. 11.11.15 9:53 AM EDT By Ashlee Kieler @akieler. Filed by J. C. Penney Direct Marketing Services LLC. 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. Password must match previously entered new password. Buy items from brands you know . Will Continue to Serve Customers under the JCPenney Banner. We work to advance government policies that protect consumers and promote competition. Or, perhaps you sold something to someone and they used Paypal to send an e-check? PENNEY, L.L.C. Notice of Reset Hearing. This milestone would not be possible without the commitment and hard work of our associates and the support of our vendor partners. Address: 2401 S Stemmons Freeway. . The defendants admitted that they did not vet the charges before processing them and did not investigate consumer complaints about unauthorized charges. Suite 4000. Amended Agenda for Hearing on 5/4/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). Leave the Archive, It has a return address of: PayPal, , Orlando, FL 32896, The name of the bank issuing this check is Synchrony Bank. JCPenney To Refund Customers $50M In False Advertising Settlement. 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. Christopher J. Marcus, P.C. 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. 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, Never miss a chance to save when shopping for him, her, kids, or home. 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. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. Florida, Spring Hill, Nature Coast Commons, shopping mall, JC Penney, department store. Learn more about your rights as a consumer and how to spot and avoid scams. 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. PENNEY OPCO LLC. 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. 78401 With the completion of the sale, JCPenney has access to approximately $1.5 billion of new financing. Forward-looking statements are based only on the Companys current assumptions and views of future events and financial performance. If you receive a check from FINRA, do not cash itunless you have a current business relationship with FINRA. Google paypal customer care phone number and look for the last 4 digits 1161. Time Hearing Held: 1:00 - 3:15 PM. The customers will come through the doors or else buy on-line, which many have done in the first days after Thanksgiving. With this closing, our operating company has exited Chapter 11 and is continuing under new ownership and the JCPenney banner. PropCos assets would include the 160 owned and ground leased real properties and the six owned distribution centers, as well as other unspecified related assets and liabilities. 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 Opinions expressed by Forbes Contributors are their own. 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. 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