JC Penney Gets OK To Settle Ch. 11 Claims For $12.4M

By Rick Archer ( August 10, 2022, 8:13 PM EDT) -- A Texas bankruptcy judge has given the wind-down estate of retail chain J.C. Penney permission to settle nearly $30.3 million in claims for just more than $12.4 million, which the estate said was more efficient than attempting to fight the claims in court....

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