J. C. Penney Company, Inc.

Company

• Pre-filing annual sales: $12,927 (millions of current dollars)
• Pre-filing assets: $9,248 (millions of current dollars)
• Pre-filing number of employees: 90,000
• Sub-industry: 53 General Merchandise Stores
• Place of incorporation: DE
• Court for city of headquarters: TX Plano
• In business at filing? yes

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Kirkland Ellis
• Date of filing: May 15, 2020
• Judge at filing: David R. Jones
• Court district of filing: TX SD
• Court city of filing: Corpus Christi
• Case number: 20-20182
• Cause of bankruptcy: Not tort
• Forum shop? Forum Shop


• Case transferred? no
• Destination court of transfer: not applicable
• Creditors committee appointed? yes
• §363 sale: 363 sale
• Dip loan final approval? yes
• Plan type: prenegotiated


• Disposition status: confirmed
• Date of disposition: December 16, 2020
• Judge at disposition: David R. Jones
• Days from filing to disposition: 215

After the case

• Did firm emerge? Company emerged
• Did firm refile? not emerged 5 years