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JCP Settles Minority Lender Dispute. What’s Next?

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Bankrupt J.C. Penney is one step closer to wrapping up a sale and exiting  Chapter 11 exit. The retailer and all constituency groups have resolved a dispute over the amount of recovery the minority group of lenders will receive in the bankruptcy case. Terms of the “global settlement” were not disclosed with the bankruptcy court…

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