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Quiksilver catches wave to Chapter 11 exit

Jan 29, 2016 - The Deal Pipeline

Surfwear retailer Quiksilver Inc. (ZQKSQ) is ready to emerge from bankruptcy in the coming weeks. Judge Brendan Linehan Shannon of the U.S. Bankruptcy Court for the District of Delaware in Wilmington on Thursday, Jan. 28, signed an order confirming the reorganization plan of the Huntington Beach, Calif., debtor, according to a company statement.

Court papers show 68.4% of secured noteholders, holding 89.9% of voted claims, approved the plan. Unsecured noteholders, however, rejected it...