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Six months after filing for bankruptcy, Quiksilver, Inc. announced a new corporate name for the firm.

Boardriders, Inc. is the new company behind three historic surf brands: Quiksilver, Roxy, and DC Shoes. The decision to change the name signals the birth of the newly reorganized entity managed by Oaktree.

“The company has spent the last 18 months   …  More

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A lawsuit filed by a Ferrari salesman from Palm Beach, Florida, may have aired some of Ferrari’s dirty laundry. According to a lawsuit filed in a Southern Florida district court by former salesman Robert “Bud” Root, the ex-employee alleged that New Country Motor Cars of Palm Beach wrongfully terminated the man based on his age and other factors. The lawsuit was first reported by the Daily Mail. The now 71-year-old said in his complaints that he was fired as a scapegoat for the use of a device that rolls back the odometers in Ferraris back to 0.

Motor Authority has located copies of the lawsuits in question, and they make several allegations that could be real problems for   …  More

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Danica Patrick’s former sponsor feels unfairly maligned by a recent lawsuit

Danica Patrick has a new primary sponsor in Aspen Dental but her previous one remained in the spotlight on Thursday by exchanging public blows with Stewart-Haas Racing over what Nature’s Bakery believes is a smear campaign against its reputation.

The baked goods company released a statement on Thursday that regarded Stewart-Haas’ $30 million lawsuit as a false legal complaint. Nature’s Bakery was set to  …  More

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The Titans of Mavericks big-wave surf contest appears to be done for the foreseeable future. Contest organizers Cartel Management Inc. and Titans of Mavericks LLC filed for Chapter 11 bankruptcy on Tuesday, according to a filing in U.S. Bankruptcy Court.

According to NBC Bay Area, the contest organizer’s financial standing was already bringing the viability of this year’s contest into question before the bankruptcy filings with unpaid bills, unpaid permits and lawsuits.

According to a statement released today, “Since 2014, up to $3 million has gone into  …  More

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