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JCP Settles Minority Lender Dispute. What’s Next?

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

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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