June 18, 2010

ASBESTOS UPDATE: J. C. Penney Estimates $50MM Liability at May 1

COMPANIES: JC Penney Co Inc
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J. C. Penney Company, Inc., as of May 1, 2010, estimated its total potential asbestos and environmental liabilities to range from US$49 million to US$60 million and recorded its best estimate of US$50 million in other liabilities in the Consolidated…

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TOPICS: Asbestos | Commercial Services | Food Stores/Grocery Stores/Supermarkets | General News | Legal Issues, Litigation
LOCATIONS: Texas | United States