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Quiksilver

The firm was debtor’s co-counsel in the chapter 11 case of Quiksilver, Inc. Based in Huntington Beach, California, the company designs, develops, and distributes surfwear-branded apparel, footwear, accessories, and related products internationally. Quiksilver filed bankruptcy with a detailed restructuring plan and preliminary approval from the court for a $175 million financing package, which called for debt holder Oaktree Capital Management to become a majority owner of the brand. With the firm’s guidance through its bankruptcy case, Quicksilver obtained court approval in February 2016 of its turnaround plan, and the company emerged from bankruptcy a mere five months after filing chapter 11.