The trust responsible for selling over 100 J.C. Penney stores has filed a lawsuit seeking $150 million in damages from the private equity firm that attempted to acquire the portfolio.
Copper Property escalates fight over unsold J.C. Penney stores
Trust accuses Onyx Partners of fraud, interference tied to a failed $947 million acquisition bid
By Linda Moss
CoStar NewsAugust 28, 2026 | 7:37 P.M.
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IN THIS ARTICLE
- Companies
- Copper Property CTL Pass Through Trust
Finance and Insurance
- Onyx Partners LTD
Real Estate
- JCPenney
Retailer
- Catalyst Brands
Retailer