If you'd like to know more about how the refund program works, visit this page about the FTC's process. Download apps by Penney OpCo LLC, including JCPenney - Shopping & Coupons. 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. 10019 A receipt for your jcp.com order could include: Kroll Restructuring Administration (formerly known as Prime Clerk) collects your email for the sole purpose of sending you updates on the docket activity for the case you select at the frequency and for the duration that you designate. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, 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. The new Penney's, called Penney OpCo LLC, is a private company. Agenda for Hearing on 9/29/2021 (Filed By J. C. Penney Direct Marketing Services LLC ). The chart below includes recent FTC cases that resulted in refunds. Aparna Yenamandra Rebecca Blake Chaikin Allyson Smith Weinhouse Jake William Gordon, 1401 McKinney Street Suite 1900 Houston, 2022-11-21, Los Angeles County Superior Courts | Labor | That's all I can say since my post is getting flagged for this reason. Notice of Reset of Lift Stay Hearing. Consideration for the PropCo equity transfer consists of a credit bid of DIP and first lien obligations in an unspecified amount. Check your browser settings or contact your network administrator. VS PENNEY OPCO LLC. NEW HAMPSHIRE FOREIGN LIMITED-LIABILITY COMPANY. However, in the pandemic environment I doubt that there are many takers. Old COPPER Company, Inc. completed the Chapter 11 bankruptcy process on January 30, 2021, when the Plan of Reorganization was declared effective. Or . Christopher J. Marcus, P.C. The Declarations filed at 10, 25 and 39 have been admitted. iPhone. (Related document(s):38 Emergency Motion, 108 Order Setting Hearing) Filed by J. C. Penney Company, Inc. On March 31, 2022, the buyer will pay JCP 20% of the difference of (i) average net merchandise accounts payable in fiscal 2021 and (ii) net merchandise accounts payable at closing of the sale transaction; On March 31, 2023, the buyer will pay JCP 20% of the difference of (i) average net merchandise accounts payable in fiscal 2022 and (ii) average net merchandise accounts payable in fiscal 2021; The payment is limited to the less of (i) the amount due or (ii) the amount that would cause JCPs average LTM liquidity to fall below $500 million; and. Agenda for Hearing on 7/22/2021 (Filed By J. C. Penney Direct Marketing Services 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. 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. The release further states that the. Notice of Reset Hearing. People who receive checks should deposit or cash them within 90 days, as indicated on the check. 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. Please refer to the Companys Annual Report on Form 10-K for the year ended February 1, 2020, and Quarterly Reports on Form 10-Q filed subsequently thereto, for a further discussion of risks and uncertainties. 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. Media Relations: Check Out the Check The check itself may give you clues that it isn't legitimate. Theresa M. Traber in Department 47 Stanley Mosk Courthouse. Box 10001 Dallas, Texas 75301-7304 email trademarks-sm@jcp.com, or call (972) 431-1000. 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. Is there a lease fund? ROSA ACEVEDO VS PENNEY OPCO LLC DBA JCPENNEY, ET AL. The FTC never requires people to pay money or provide account information to cash a refund check. Corpus Christi, In any case, as I understand it, PropCos will be owned by the majority of JCPenneys first-lien lenders. That would mean there would be fewer properties. Agenda for Hearing on 6/21/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). It's probably not. Reinforcing this shopping experience is the customer service and warrior spirit of JCPenney associates across the globe, all driving toward the Company's mission to help customers find what they love for less time, money, and effort. TX Time Hearing Held: 11:15 AM. (Related document(s):540 Objection to Claim) Filed by J. C. Penney Direct Marketing Services LLC, Notice of Hearing. 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.. To my simple mind, the whole transition should have been completed in one swoop. Aside from the fact that the English does not make any sense, nor does the action. It includes Penney's retail operations. 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. Additional information regarding JCPenneys financial restructuring is available at www.jcprestructuring.com. UniCourt uses cookies to improve your online experience, for more information please see our Privacy Policy. An official website of the United States government. 8:17-ML-2797-AG-KES. 2022-11-17. ALL PRIME CLERK URLS AND EMAIL ADDRESSES ARE AUTOMATICALLY REDIRECTED. 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). (Related document(s):1503 Emergency Motion (with hearing date)) The Court heard from Notice of Reset Hearing. It has a return address of: PayPal, <removed>, Orlando, FL 32896. Copyright 2017 Textile Industries Media Group, LLC. Morning to Early Afternoon will likely connect you with a rep who is US based. Memo from Chair Lina M. Khan to commission staff and commissioners regarding the vision and priorities for the FTC. 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. OpCo acquired assets include substantially all operating assets and all of the real estate assets other than the PropCo assets. 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. Opinions expressed by Forbes Contributors are their own. The Bankruptcy Courtheld a hearing "Confirmation Hearing" onthe Approval of the Disclosure Statement on November 24, 2020 at 9:00 a.m. (CT). Last Wednesday, Simon Property Group (Simon) and Brookfield Capital Partners (Brookfield) were given the green light by the court. 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. TX Cookies help us customize the PayPal Community for you, and some are necessary to make our site work. You are viewing the PayPal Community Archives. In the lower left corner, there is more info: Bank of America, N.A., Atlanta, Dekalb County, GA . That's a red flag. A check has been made out, to me. 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 FTC never requires people to pay money or provide account information to cash a refund check. Learn more about your rights as a consumer and how to spot and avoid scams. Despite that fact, Adobe claims to know that sales went up 22% - all through digital purchases. (Related document(s):2846 Motion for Relief From Stay) Filed by J. C. Penney Company, Inc. Notice of Reset of Lift Stay Hearing. 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. If you do not agree with these terms, then do not use our website and/or services. 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 Search the Legal Library instead. https://www.cooley.com/ Phone: 212.479.6000 Fax: 212.479.6275, Jay R. Indyke Cathy Hershcopf Michael Klein, J. C. Penney Direct Marketing Services, LLC. Overview. BUT That is not the whole story. Some Exclusions Apply. Notice of Electronic Hearing. 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. 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. Internet Explorer presents a security risk. (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 https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. 2023-01-13, Los Angeles County Superior Courts | Personal Injury | Password must match previously entered new password. 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. Shop the best deals on dresses, shoes, jewelry, and much more with JCPenney. We enforce federal competition and consumer protection laws that prevent anticompetitive, deceptive, and unfair business practices. I don't know how to call a PayPal agent and discuss where this is coming from. 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. That is great. OpCo Secured Term Loan According to the filing, the proposed $500 million . Public Records Policy. Are they going to sell some of their stores after ythe holiday season? The PropCos are expected to complete the Court-supervised restructuring process and emerge from Chapter 11 bankruptcy protection in the first half of 2021. 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 http://www.kirkland.com/ Phone: 212.446.4800 Fax: 212.446.4900, Joshua A. Sussberg, P.C. (Related document(s):1594 Emergency Motion) Filed by J. C. Penney Company, Inc. Notice of Sale of Substantially All of the Debtors' Assets. 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. Spot the latest COVID scams, get compliance guidance, and stay up to date on FTC actions during the pandemic. Case Summary. Joele Frank Wilkinson Brimmer Katcher 3995. International: +1-646-979-4417 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. 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. Federal government websites often end in .gov or .mil. People who receive checks should deposit or cash them within 90 days, as indicated on the check. JCPenney, one of the nations largest apparel and home retailers, combines an expansive footprint of stores across the United States and Puerto Rico with a powerful eCommerce site, jcp.com, to deliver style and value for all hard-working American families. 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. 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. (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. Amended Agenda for Hearing on 5/4/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). Google paypal customer care phone number and look for the last 4 digits 1161. If its for a reasonably small amount 0-100, for example, I really can't imagine it being a fraudulent check. TX Agenda for Hearing on 1/20/2022 (Filed By J. C. Penney Direct Marketing Services LLC ). 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, 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. All retail operations of Old COPPER Company, Inc. ended effective with the sale of its operating assets. 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.. Roubaix, Hauts-de-France, France Lat Long Coordinates Info. Kristen Bennett I shudder at the additional costs that JCPenney has to incur in order to fully settle the bankruptcy. 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. 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