New Filing - Lensar Inc.
Lensar Inc.
- 12/16/16 Recap: Florida-based medical technology company that manufacturers lasers deployed in cataract surgeries filed for bankruptcy to effectuate a debt-for-equity swap with its senior lender (and DIP lender), PDL BioPharma Inc., a publicly-traded company that manages a portfolio of biotech, pharma and med-device products. A main objective of the case will be to protect approximately $125mm of NOLs.
- Jurisdiction: D. of Delaware
- Capital Structure: ~$60mm debt
- Company Professionals:
- Legal: Ballard Spahr LLP (Matthew Summers, Vincent Marriott, Paul Harner)
- Claims Agent: Epiq Bankruptcy Solutions LLC (*click on company name above for docket)
- Other Parties in Interest:
- DIP Lender: PDL BioPharma Inc.
- Legal: Gibson Dunn & Crutcher LLP (Jeffrey Krause, Genevieve Weiner, Sam Newman)
- DIP Lender: PDL BioPharma Inc.
Updated 1/20/17