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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.

    

Written by

Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300