By: Benzinga
JC Penney Files Action for Injunctive, Declaratory Relief
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
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