Quiksilver Wins Approval of Oaktree Deal

Surfwear Retailer Quiksilver Inc. won approval of its Oaktree Capital Management-sponsored restructuring deal, Daily Bankruptcy Review reports.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

As DBR reports in The Wall Street Journal, a judge said he would unto the sale of a $230 million claim against Bernard Madoff’s firm.

Ron Burkle’s Fresh & Easy chain could be filing for bankruptcy a second time in two years, Bloomberg reports.

Former employees of bankruptcy RG Steel will get about $12 million under a settlement, the Associated Press reports.

American Apparel is feeling bright about its future after it leaves bankruptcy, Reuters reports.

(And don’t forget to check out our blog posts on climate-change skeptic Chris Horner getting paid by Alpha Natural before its bankruptcy and a company that mislabeled solar panels, as well as the latest moves in bankruptcy.)

Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa