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Court Okays Quiksilver Restructuring Plan, Will Emerge from Bankruptcy Next Month

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Broke surfwear brand Quiksilver will ride again.

A Delaware bankruptcy court on Thursday gave the SoCal-based company the go-ahead for its plan of reorganization, which will come into effect on or around the week of Feb. 8.

The plan, which had already received significant support from the company’s major stakeholders and unsecured creditors committee, will allow Quiksilver to leave Chapter 11 proceedings next month as a private entity.

Read more at Sourcing Journal.

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