February 22, 2017
Quiksilver Inc. and 26 former employees received a Delaware federal bankruptcy judge's approval Tuesday for a long-delayed settlement in a more than $7 million worker severance pay dispute, under terms first broadly disclosed in April.
June 24, 2016
Quiksilver Inc. reached a deal Thursday in a dispute over whether its "VSTR" line promoted by surfing legend Kelly Slater willfully infringed on the "Visitor" trademark of a family-run company, allowing the family company to lodge a $2.6 million unsecured claim in Quiksilver's bankruptcy.
April 28, 2016
Iconic surfwear company Quiksilver told a Delaware bankruptcy judge Thursday that it had reached a tentative agreement with former employees, who have appealed its Chapter 11 plan and are seeking $7.3 million in severance pay, that would see the ex-workers be eligible for roughly $132,000 in administrative and priority claims.
April 27, 2016
Iconic surfwear maker Quiksilver Inc. asked a Delaware bankruptcy judge on Tuesday to approve an agreement the company says ended its sponsorship deal with professional surfer Dane Reynolds, and urged the court to expunge Reynolds' $3.59 million claim in its Chapter 11.
April 22, 2016
Bankrupt surfwear company Quiksilver Inc. objected Friday to the bankruptcy claim of 26 former employees seeking to be paid $7.3 million in severance they say the company owes them per prepetition employment agreements.
January 28, 2016
A Delaware bankruptcy judge agreed Thursday to confirm surfwear seller Quiksilver's Chapter 11 plan after unsecured creditors dropped their opposition in exchange for a larger stake in a reorganized company and avoided an expensive court battle.
January 22, 2016
Quiksilver's unsecured creditors are throwing flags at the sports retailer's proposed restructuring plan, saying in court papers filed Thursday in Delaware that the strategy would overpay secured lenders while providing only pennies on the dollar for unsecured claims.
January 12, 2016
Quiksilver Inc.'s bankruptcy plan, if confirmed, will give the iconic surf-bum clothier an extra $20 million in exit financing, according to court filings, as it looks ahead to a mediation Friday with its unsecured creditors' committee and lender Oaktree Capital Management LP, which is set to garner a controlling stake in the company.
January 04, 2016
A Delaware bankruptcy judge ordered iconic sports apparel retailer Quiksilver into mediation with its creditors on Monday, a move to calm a brewing storm that could see its Chapter 11 plan confirmation hearing explode into a highly contested valuation trial.
December 10, 2015
Watchmaker E. Gluck Corp. filed an objection Thursday in Delaware bankruptcy court to Quiksilver Inc.'s plan to nix a licensing deal to produce Quiksilver and Roxy brand watches, saying the company stands to lose $2.5 million it has sunk in start-up expenses.