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JCP Sale Hearing on Track—But One Big Sticking Point Remains

Join Cotton Incorporated, Lectra, Accelerating Circularity, Public Habit and more on July 15 for Sourcing Journal's virtual Sustainability FAQs workshop to pull back the curtain on the circularity, traceability, net zero and inventory reduction concepts that could transform your business.

There are still some “ifs” clouding the J. C. Penney bankruptcy case, but for now the sale hearing remains on track for Nov. 2. JCP has filed its draft asset purchase agreement with Copper Retail JV LLC and Copper BidCo LLC, representing the OpCo and PropCo components, respectively, a Credit and Guaranty Agreement for related…

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