{"id":114716,"date":"2016-01-28T21:23:27","date_gmt":"2016-01-29T04:23:27","guid":{"rendered":"http:\/\/www.stokednews.com\/?p=114716"},"modified":"2016-01-28T21:23:27","modified_gmt":"2016-01-29T04:23:27","slug":"business-news-quiksilver-expects-to-emerge-from-bankruptcy","status":"publish","type":"post","link":"http:\/\/www.stokednews.com\/?p=114716","title":{"rendered":"Business News &#8211; Quiksilver expects to emerge from bankruptcy"},"content":{"rendered":"<p>Surf and skate wear retailer Quiksilver\u00a0expects to emerge from bankruptcy around February 8 after a US court approved a $US600 million ($848 million)\u00a0refinancing overnight.<\/p>\n<p>Quiksilver said its\u00a0Plan of Reorganisation\u00a0&#8212; under which US-based private equity firm Oaktree Capital Management will take control\u00a0of more than 90 per cent of its shares &#8212;\u00a0has been confirmed by the United States Bankruptcy Court for the District of Delaware.<\/p>\n<p>The plan was\u00a0supported by the company&#8217;s major stakeholders, including an official committee of unsecured creditors.<\/p>\n<p>&#8220;This is an important milestone in the evolution of Quiksilver and\u00a0 &#8230;\u00a0 <a href=\"http:\/\/www.smh.com.au\/business\/retail\/quiksilvers-us600-mln-refinancing-gets-court-tick-20160128-gmgh13.html\" target=\"_blank\">More<\/a><\/p>\n<p><a href=\"http:\/\/www.stokednews.com\" target=\"_blank\">Stoked News<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Surf and skate wear retailer Quiksilver\u00a0expects to emerge from bankruptcy around February 8 after a US court approved a $US600 million ($848 million)\u00a0refinancing overnight. Quiksilver said its\u00a0Plan of Reorganisation\u00a0&#8212; under which US-based private equity firm Oaktree Capital Management will take control\u00a0of more than 90 per cent of its shares &#8212;\u00a0has been confirmed by the United [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[84,77],"tags":[],"class_list":["post-114716","post","type-post","status-publish","format-standard","hentry","category-action-sports-business-news","category-fashion"],"_links":{"self":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/114716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=114716"}],"version-history":[{"count":1,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/114716\/revisions"}],"predecessor-version":[{"id":114717,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/114716\/revisions\/114717"}],"wp:attachment":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=114716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=114716"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=114716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}