JCPenney Emerges From Chapter 11 BankruptcyThe retailer completed its sale to a pair of landlords - Brookfield Asset Management Inc. and Simon Property Group through a combination of cash and new term loan debt.
Bankruptcy Court Approves Sale Of JCPenneyPlano-based J.C. Penney is on course to emerge from bankruptcy by Thanksgiving, after a bankruptcy court approved its sale to its two largest landlords and its primary lenders.
JC Penney Landlords Close To Buying Retailer Out Of BankruptcyPenney’s lawyer Josh Sussberg announced the tentative pact, which will save roughly 70,000 jobs, during a brief hearing in bankruptcy court Wednesday.
North Texas Landlords Have Filed Over 1,110 Eviction Petitions Since MarchWhile the statewide moratorium on evictions started in March, landlords were still able to submit filings for eviction cases.
How Much Will Texas Renters Impacted By Coronavirus Pay In Late Fees? It's Up To LandlordsTexas state law stipulates no maximum limit on how much landlords can charge in late fees.
Coronavirus In Texas: Dallas City Leaders Finalizing Proposed Emergency Ordinance To Prevent EvictionsDallas city leaders are finalizing details of a proposed emergency ordinance to prevent evictions during the coronavirus pandemic.
Dallas Landlord Says Halting Of Evictions During Coronavirus Outbreak Could Lead To ForeclosuresOne landlord said property owners could face foreclosures if they don’t get rent money needed to pay taxes, insurance and mortgages.
Fort Worth Considers Making Microchipped Pets MandatoryCity leaders are also considering making it mandatory for landlords to make sure renters have their pets microchipped and vaccinated.
Consumer Justice: 'Serial Squatters' Cost Homeowners ThousandsA North Texas couple gaming the system has been evicted from more than a dozen homes in the last few years for not paying.