POSTED: 01:30 a.m. HST, Nov 23, 2010
Laser Eye Center of Hawaii LLC has filed for Chapter 11 bankruptcy reorganization after announcing last week that it would close at the end of the month.
The center's bankruptcy filing cites estimated assets and debts at between $500,001 and $1 million, and one to 49 creditors.
Center surgeons Tyrie Jenkins and Carlos Omphroy have moved to Aloha Laser Vision where they will continue to offer LASIK surgery and other eye procedures.
The two physicians are listed as unsecured creditors and are owed $64,350 and $31,150, respectively, in fees for surgery.
According to the filing, Laser Eye Center officials do not anticipate having funds available to make payments to unsecured creditors, which also include AMO Sales and Service, owed $67,120, and its landlord, Pan Am I LLC, which is owed $20,370 in rent.
Officials did not return calls, but calls to the center are answered with recorded instructions for customers wanting to retrieve records. The recording asks patients to give at least a day's notice before coming to the center to retrieve records in person. Otherwise they are asked, in English and Japanese, to submit requests with a signed letter or fax, or via e-mail.
In announcing the company's closure last week, center manager Dennis Kuwabara said the economy had taken "a heavy toll on the center" and that "despite our best efforts, these factors forced us to make some very tough decisions about the future."
Laser Eye Center claimed to be the first laser vision surgery center in Hawaii, with a network of 135 independent practitioners, though Jenkins and Omphroy were described as the center's surgeons.