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Warranty fund sought for Laser Eye patients

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Customers of the recently shuttered Laser Eye Center of Hawaii are expected to receive warranty service under a plan envisioned by the company’s bankruptcy attorney.

Attorney Jerrold Guben plans to ask the roughly 50 owners of the defunct center to contribute money to an account for funding work covered by one-year warranties, and patient record handling.

The warranty service covers many customers who were in an uncertain position for any needed follow-up work because Laser Eye Center has insufficient assets to pay creditors.

About 10,000 patient records exist.

Guben estimates needing $150,000 to cover warranty work and record handling. He plans to ask the owners of the company to divide the cost by their share of the business.

On average, the cost amounts to $3,000 per owner.

Guben said he expects the owners will pay their share even though the firm’s limited liability company setup can shield its members from such expenses.

"You just can’t walk away … and say, ‘I’m outta here,’" he said.

Laser Eye Center ceased performing surgeries Friday and filed for bankruptcy three days later.

The company, which claimed to be the first laser vision surgery center in Hawaii and operated through a network of 135 independent practitioners, said the economy took a "heavy toll" on business.

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