UPDATE 1-J.C. Penney has need for speed in bankruptcy, lawyer says
J.C. Penney Co Inc needs to exit
bankruptcy proceedings in just a matter of months to survive the
unprecedented financial strain of prolonged store closures due
to the COVID-19 pandemic, a lawyer for the iconic U.S.
department store chain said during a court hearing on Saturday.
bankruptcy proceedings in just a matter of months to survive the
unprecedented financial strain of prolonged store closures due
to the COVID-19 pandemic, a lawyer for the iconic U.S.
department store chain said during a court hearing on Saturday.
Posted by Reuters
