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JCP Lawyer Tells Bankruptcy Judge: ‘No One is Discussing a Liquidation’

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The retail graveyard has gained many new entrants this year, but it looks like J. C. Penney won’t be one of them. In short, “No one is discussing a liquidation,” Penney’s bankruptcy attorney Joshua Sussberg of Kirkland & Ellis told the Honorable David R. Jones, who is overseeing the case at a court hearing Wednesday…

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