Quiksilver, Inc. Bankruptcy New Filing Alert: Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On October 27, 2015, a motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Quiksilver, Inc. and its affiliates.

The filing was assigned docket number 372 and is described on the court’s official docket as follows:

Motion For Sale of Property Free and Clear of Liens under Section 363(f)(FEE) Debtors Motion For Order Under Bankruptcy Code Sections 105 And 363 And Bankruptcy Rule 6004 (I) Authorizing And Approving The Sale Of Certain De Minimis Assets Free And Clear Of All Liens, Claims, Encumbrances, And Other Interests; (II) Approving The Purchase Agreement; And (III) Granting Other Related Relief Fee Amount $176 Filed by Quiksilver, Inc.. Hearing scheduled for 11/17/2015 at 10:30 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #1, Wilmington, Delaware. Objections due by 11/10/2015. (Attachments: # (1) Notice # (2) Exhibit A # (3) Proposed Form of Order) (Durrer, Van)

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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