Quiksilver, Inc. Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Use Cash Management Systems

On September 14, 2015, an order regarding the motion for authority to use cash management systems was filed in the bankruptcy case of Quiksilver, Inc. and its affiliates.

The filing was assigned docket number 94 and is described on the court’s official docket as follows:

Order (AMENDED) Granting Debtors’ Motion for Order (I) Authorizing Continued Maintenance of Prepetition Bank Accounts and Payment of Related Prepetition Obligations, (II) Authorizing Continued Use of Existing Cash Management System, (III) Authorizing Continued Use of Existing Business Forms, and (IV) Authorizing the Continuation of, and Accordance of Administrative Expense Priority Status to, Intercompany Transactions. (related document(s)[16], [74], [92]) Order Signed on 9/14/2015. (LCN)

Quiksilver, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on September 9, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 15-11880. The bankruptcy case is currently assigned to United States Bankruptcy Judge Brendan Linehan Shannon. The law firm of Skadden, Arps, Slate, Meagher & Flom LLP is acting as lead bankruptcy counsel to Quiksilver, Inc. in the bankruptcy case.


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