Cancellation and Refund Policy, Privacy Policy, and JCPenney is now poised for a future focused on innovation and consumers, while continuing to navigate through the pandemic. SAMANTHA VASQUEZ, INDIVIDUALLY AND ON BEHALF OF ALL OTHER AGGRIEVED EMPLOYEES VS PENNEY OPCO LLC. PRIME CLERK IS NOW KROLL RESTRUCTURING ADMINISTRATION. Google paypal customer care phone number and look for the last 4 digits 1161. 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. Knitting / Apparel Sponsored by OEKO-TEX, Techtextil North America/Texprocess Americas. 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, Filed by J. C. Penney Direct Marketing Services LLC, Notice of Reset Hearing. 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. Corpus Christi, Prohibited Uses You may use this Website only for lawful purposes and in accordance with these Terms of Use. Theresa M. Traber in Department 47 Stanley Mosk Courthouse. 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). 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. (Related document(s):2830 Motion for Relief From Stay) Filed by J. C. Penney Company, Inc. Notice of Hearing on June 23, 2021 at 2:30 p.m. (CT). 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., Additional information regarding JCPenneys financial restructuring is available at jcprestructuring.com. Box 10001 Dallas, Texas 75301-7304 email trademarks-sm@jcp.com, or call (972) 431-1000. 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). Will Continue to Serve Customers under the JCPenney Banner. Courtroom Minutes. 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 FTC enforces consumer protection laws to stop illegal business practices and get refunds to people who lost money. (Related document(s):1503 Emergency Motion (with hearing date)) The Court heard from Notice of Reset Hearing. (Related document(s):1594 Emergency Motion) Filed by J. C. Penney Company, Inc. Notice of Sale of Substantially All of the Debtors' Assets. Agenda for Hearing on 7/13/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). 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. Password must match previously entered new password. 77010 With this closing, our operating company has exited Chapter 11 and is continuing under new ownership and the JCPenney banner. Call (301) 590-6500 to speak with a FINRA staff member. Please click below to view and downloadadditional Sale Documents: The Bankruptcy Court has set the following deadlines for filing proofs of claim against the Debtors: Claims Bar Date: on or before July 10, 2020, at 5:00 p.m. (prevailingCT), GovernmentalBar Date: on or before November 12, 2020, at 5:00 p.m. (prevailingCT). The FTC will be sending 86,752 checks averaging about $56 each. 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. Get a D&B Hoovers Free Trial. The site is secure. Consideration for the PropCo equity transfer consists of a credit bid of DIP and first lien obligations in an unspecified amount. 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. The PropCos are expected to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection in the first half of 2021. Find the resources you need to understand how consumer protection law impacts your business. However, in the pandemic environment I doubt that there are many takers. Kristen Bennett Lewisville, TX 75067-8797. Roubaix, Hauts-de-France, France Lat Long Coordinates Info. Why is this public record being published online? 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. Opinions expressed by Forbes Contributors are their own. (Related document(s):2387 Generic Motion, 2538 Objection to Claim) Filed by J. C. Penney Company, Inc. Notice of Reset of Lift Stay Hearing. Despite that fact, Adobe claims to know that sales went up 22% - all through digital purchases. You can learn more about consumer topics and report scams, fraud, and bad business practices online at ReportFraud.ftc.gov. Is there a lease fund? 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. WRITE REVIEW. The RSA contemplates agreed-upon terms for a pre-arranged . Search the Legal Library instead. The chart below includes recent FTC cases that resulted in refunds. Create a recurring email based on criteria you specify below. If you'd like to know more about how the refund program works, visit this page about the FTC's process. Address: 2401 S Stemmons Freeway. Public Records Policy. Forward-looking statements are based only on the Companys current assumptions and views of future events and financial performance. (Related document(s):1592 Emergency Motion) Filed by J. C. Penney Company, Inc. Order Postponing Sale Hearing Signed on 11/2/2020 Sale Hearing continued to November 9, 2020, at 10:30 a.m. CST by telephone and video conference. 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. Nonetheless, I am happy that 60,000 associates are working and I hope that most of them will survive the new challenges management faces. https://www.coleschotz.com/ Phone: 212.752.8000 Fax: 212.752.8393, Sarah Carnes Shelby Nace, 55 Hudson Yards New York, 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 Or, perhaps you sold something to someone and they used Paypal to send an e-check? PENNEY OPCO LLC. 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. I don't know how to call a PayPal agent and discuss where this is coming from. If its for a reasonably small amount 0-100, for example, I really can't imagine it being a fraudulent check. 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. 10001-2057 The defendants admitted that they did not vet the charges before processing them and did not investigate consumer complaints about unauthorized charges. Download apps by Penney OpCo LLC, including JCPenney - Shopping & Coupons. TX The FTC never requires people to pay money or provide account information to cash a refund check. Additional information regarding JCPenneys financial restructuring is available at www.jcprestructuring.com. 2022-11-21, Los Angeles County Superior Courts | Labor | Suite 4000. Agenda for Hearing on 9/8/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). If you do not agree with these terms, then do not use our website and/or services. 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. 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? Appearances: SEE ATTACHED. See terms and conditions for details. 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.. 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. Check Out the Check The check itself may give you clues that it isn't legitimate. 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 retail operations of Old COPPER Company, Inc. ended effective with the sale of its operating assets. Stephanie T. Nguyen, Chief Technology Officer, Competition and Consumer Protection Guidance Documents, The Federal Trade Commission works to promote competition and to, and report scams, fraud, and bad business practices online at, HSR threshold adjustments and reportability for 2023, A Century of Technological Evolution at the Federal Trade Commission, FTC to Host Workshop on Recyclable Claims as Part of its Ongoing Review of the Agencys Green Guides, Celebrating NCPW 2023 In Your Neighborhood: Outreach & Program Ideas - March 1, Company That Placed Crammed Charges on Consumers Phone Bills Settles FTC Contempt Charges, FTC Seeks Return of $52 Million Worth of Bogus Phone Bill Cramming Charges; Agency Charges Nation's Largest Third-Party Billing Company with Contempt, FTC Enforcement Actions Continue to Target "Crammers". 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. We work to advance government policies that protect consumers and promote competition. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal counsel and BRG Capital Advisors, LLC is serving as financial adviser to Simon and Brookfield. Shop the best deals on dresses, shoes, jewelry, and much more with JCPenney. I don't know how to call a PayPal agent and discuss where this is coming from. Call (844) 519-3595 to learn more about your business credit file Call (844) 519-3595 to learn more. (Related document(s):2846 Motion for Relief From Stay) Filed by J. C. Penney Company, Inc. Notice of Reset of Lift Stay Hearing. 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. 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. At every touchpoint, customers will discover stylish merchandise at incredible value from an extensive portfolio of private, exclusive and national brands. Cashing that unexpected "windfall" may result in losses, reveal your personal financial information to scammers, or both. A check has been made out, to me. Refunds will be issued on the original form of payment or JCPenney Gift Card. The Company has included statements in this press release that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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. Agreed Notice of Reset of Hearing with Respect to Claim No. Email: JCPenneyinfo@primeclerk.com. (Related document(s):2732 Generic Motion, 3025 Objection) Filed by OpCo Purchaser. BUT That is not the whole story. Check out these reports. (Related document(s):540 Objection to Claim) Filed by J. C. Penney Direct Marketing Services LLC, Notice of Hearing. There's always some reason that you have to give a certain amount of the payment back to person or company issuing the check. 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