{"id":49102,"date":"2015-10-19T11:00:05","date_gmt":"2015-10-19T18:00:05","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=49102"},"modified":"2017-11-06T10:16:49","modified_gmt":"2017-11-06T17:16:49","slug":"quiksilvers-bankruptcy-plan-approved","status":"publish","type":"post","link":"https:\/\/www.boardistan.com\/?p=49102","title":{"rendered":"Quiksilver&#8217;s Bankruptcy Plan Approved"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2015\/03\/quiksilver-1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-48224\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2015\/03\/quiksilver-1.png\" alt=\"quiksilver-1.png\" width=\"194\" height=\"123\"><\/a>The&nbsp;US Bankruptcy Court for the District of Delaware has agreed to the terms of <a href=\"http:\/\/www.boardistan.com\/?s=quiksilver\"><strong>Quiksilver&#8217;s<\/strong><\/a> $175 million financing deal with <strong>Oaktree Capital<\/strong> and <strong>Bank of America,<\/strong> according to a post on <em><strong><a href=\"http:\/\/www.just-style.com\/news\/bankruptcy-court-agrees-quiksilver-final-financing_id126426.aspx\">Just-Style<\/a><\/strong><\/em>.<\/p>\n<blockquote><p>&#8220;We are pleased to have court approval of the final DIP financing allowing our reorganisation to proceed on track as well as an additional $10m to pay pre-petition claims for critical vendors, said <strong>Pierre Agnes<\/strong>, CEO of Quiksilver.&nbsp;&#8220;We will continue to work in close cooperation with the Creditors Committee to execute our financial and operational restructuring, which is designed to restore the company to long-term financial health. We look forward to emerging from the Chapter 11 process, a stronger company better positioned to prosper into the future.&#8221;<\/p><\/blockquote>\n<p>Wonder what will be so different this time around (aside from getting out from under a bunch of debt and having a new load of cash)? We&#8217;ll all have to wait and see.<\/p>\n<p><strong>[Link: <a href=\"http:\/\/www.just-style.com\/news\/bankruptcy-court-agrees-quiksilver-final-financing_id126426.aspx\">Just-Style<\/a>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The&nbsp;US Bankruptcy Court for the District of Delaware has agreed to the terms of Quiksilver&#8217;s $175 million financing deal with Oaktree Capital and Bank of America, according to a post on Just-Style. &#8220;We are pleased to have court approval of the final DIP financing allowing our reorganisation to proceed on track as well as an [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,7,12],"tags":[],"_links":{"self":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/49102"}],"collection":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49102"}],"version-history":[{"count":4,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/49102\/revisions"}],"predecessor-version":[{"id":52062,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/49102\/revisions\/52062"}],"wp:attachment":[{"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}