U.S. Bankruptcy Court allows J.C. Penney to keep paying staff and vendors
May 16, 2020 at 19:13 PM EDT
J.C. Penney Co Inc said on Saturday a U.S. Bankruptcy Court will allow it to keep paying wages and benefits to workers who will remain on the job after the U.S. department store chain filed for Chapter 11 protection from creditors, and also to pay vendors for goods delivered to its stores.
