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KM Financial Solutions | U.S. Bankruptcy Court allows J.C. Penney to keep paying staff and vendors
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U.S. Bankruptcy Court allows J.C. Penney to keep paying staff and vendors

15 May U.S. Bankruptcy Court allows J.C. Penney to keep paying staff and vendors

Posted at 23:13h in News by
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J.C. Penney Co Inc said on
Saturday a U.S. Bankruptcy Court will allow it to keep paying
wages and benefits to workers who will remain on the job after
the U.S. department store chain filed for Chapter 11 protection
from creditors, and also to pay vendors for goods delivered to
its stores.

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