In Chapter 7 bankruptcy, the trustee can assume or terminate unexpired leases or executory contracts. Learn more. If you have an unexpired lease or executory contract when you file for Chapter 7 bankruptcy, the bankruptcy trustee may assume or terminate the lease or contract. Read on to learn what it means to assume or terminate a lease, how likely it is that the trustee will assume your lease, and what happens if you want to terminate the lease.
JCPenney History. JCPenney, also called JCP or Penneys, was founded by James Cash Penney in 1902 as the Golden Rule Store. Penney bought out his 2 partners in 1907 and began calling the stores J.C. Penny in 1913.
Johnson & Johnson is an American multinational medical devices, pharmaceutical and consumer packaged goods manufacturer founded in 1886. Its common stock is a component of the Dow Jones Industrial Average and the company is listed among the Fortune 500.Johnson & Johnson is headquartered in New Brunswick, New Jersey, directly adjacent to the campus of Rutgers University, the consumer division being located in Skillman, New Jersey.The corporation includes some 250 subsidiary companies with operations in over 57 countries and products sold in over 175 countries.e worked to improve sanitation practices in the nineteenth century, and lent his name to a hospital in New Brunswick, New Jersey. Upon his death in 1910, he was succeeded in the presidency by his brother James Wood Johnson until 1932, and then by his son, Robert Wood Johnson II.