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JCP Settles Minority Lender Dispute. What’s Next?

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

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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