Lensar, Inc., a medical devices manufacturer that develops lasers for use in cataract surgery, filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware last Friday night (Case No. 16-12808). According to the First Day Declaration, the Debtor seeks to restructure its operations under Chapter 11 and eventually emerge on a stand-alone basis from its bankruptcy. The case was assigned to the Honorable Mary F. Walrath this morning.
Contact Norman L. Pernick and Nicholas J. Brannick for more information.