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J. C. PENNEY FILES ACTION FOR INJUNCTIVE, DECLARATORY RELIEF!!!

 
Luisport

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02/04/2013 04:37 PM

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J. C. PENNEY FILES ACTION FOR INJUNCTIVE, DECLARATORY RELIEF!!!
zerohedge‏@zerohedge

JCP filing Chapter 11 would not help Ackman

3 minzerohedge‏@zerohedge

J. C. PENNEY SAYS PURPORTED NOTICE OF DEFAULT IS INVALID, FILES ACTION FOR INJUNCTIVE, DECLARATORY RELIEF.

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Luisport (OP)

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02/04/2013 04:38 PM

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Re: J. C. PENNEY FILES ACTION FOR INJUNCTIVE, DECLARATORY RELIEF!!!
zerohedge‏@zerohedge

Now if Icahn bought up JCP's 7.4% and is seeking to force an involuntary default, THAT would be supreme comedy
Luisport (OP)

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02/04/2013 04:40 PM

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Re: J. C. PENNEY FILES ACTION FOR INJUNCTIVE, DECLARATORY RELIEF!!!
zerohedge‏@zerohedge

JCP's defense against bondholder claims that it primed them without prior amendment/ release is idiotic: "we never used the credit line"
Luisport (OP)

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02/04/2013 04:41 PM

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Re: J. C. PENNEY FILES ACTION FOR INJUNCTIVE, DECLARATORY RELIEF!!!
What's going on here? Anyone knows?

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