(Reuters) - Troubled surf and skate clothing seller Quiksilver Inc (N:ZQK) filed for Chapter 11 bankruptcy protection for its U.S. units on Tuesday, hurt by falling demand.
The company said it listed assets of more than $100 million and liabilities of more than $500 million in its bankruptcy filing.
Quicksilver has requested the court to allow Oaktree Capital Management to provide $175 million in debtor-in-possession financing for the company.
The case is in U.S. Bankruptcy Court, District of Delaware, Case No: 15-11880.