JC Penney Files Action for Injunctive, Declaratory Relief
Posted on February 04, 2013 at 16:32 PM EST
J. C. Penney Company, Inc. ("jcpenney") (NYSE: JCP ) announced today that it received a letter dated January 29, 2013 from Brown Rudnick LLP claiming to represent holders of more than 50% of the Company's 7.4% Debentures due 2037. The letter purports to be a Notice of Default under the Indenture for