December 01, 2015
A Delaware bankruptcy judge approved disputed incentive and retention pay plans for 17 key employees of sportswear retailer Quiksilver Inc. on Tuesday as the company moved closer to what is expected to be a hotly contested Chapter 11 confirmation plan early next year.
November 25, 2015
Quiksilver's Chapter 11 trustee urged a Delaware bankruptcy judge Tuesday to deny plans designed to keep certain important employees with the company, calling goals that executives must meet to cash in on the $2.3 million programs "low hanging fruit" and questioning the noninsider status of some eligible employees.
November 12, 2015
Sportswear retailer Quiksilver is seeking a Delaware bankruptcy judge's approval on a new plan to retain 14 management employees who the company says are needed to maintain the business during the court-monitored restructuring.
October 29, 2015
A Delaware bankruptcy judge gave Quiksilver final approval on Wednesday to tap financing worth up to $175 million to fund the sportswear retailer's operations as it continues to pursue a court-monitored restructuring and potential sale of the business.
October 15, 2015
A Delaware bankruptcy judge agreed Thursday to OK the up to $175 million in stopgap financing and related deal Quiksilver Inc. struck that provides a path to reorganization after lender Oaktree Capital Management LP dropped a $20 million termination fee, provided the surfwear retailer investigates a sale option.
October 14, 2015
Surfwear company Quiksilver Inc. tried to convince the Delaware bankruptcy court Wednesday to OK an up to $175 million stopgap financing package from units of Oaktree Capital Management LP and Bank of America over an alternative proposal that has the backing of unsecured creditors.
October 13, 2015
Unsecured creditors of Quiksilver Inc. have told a Delaware bankruptcy judge that the sportswear retailer is seeking to unfairly tilt control of the company's Chapter 11 to asset management firm Oaktree Capital Management LP and shunning a better offer from rival firm Brigade Capital Management LLC.
October 01, 2015
The former chief marketing officer for Quiksilver filed an objection Wednesday in Delaware bankruptcy court indicating that the sportswear retailer is attempting to nix severance agreements it has with executives who have left the company.
September 10, 2015
A Delaware bankruptcy judge gave surfwear icon Quiksilver Inc. the interim nod Thursday to tap roughly $120 million of its $175 million in proposed stopgap financing, kicking off a Chapter 11 case where the debtor aims to hand over control to major lender Oaktree Capital Management LP.