UPDATE 1-J.C. Penney has need for speed in bankruptcy, lawyer says
16 May UPDATE 1-J.C. Penney has need for speed in bankruptcy, lawyer says
Posted at 03:26h
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by KMFSLLP
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.
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