Sunrise Technologies
This article was originally published in The Gray Sheet
Executive Summary
Chapter 7 bankruptcy filing is made in Oakland, California district court to assist in liquidation of the Menlo Park firm's assets, which primarily relate to the Hyperion laser thermal keratoplasty system. The holmium YAG laser was approved in 2000 for temporary hyperopia reduction of up to 2 diopters by shrinking collagen in the eye. A March reorganization plan failed to gain sufficient support from secured creditors (1"The Gray Sheet" May 13, 2002, p. 12)...