Oregon Laser Co. Files For Ch. 11 In Expanding Market

Law360, New York (July 23, 2012, 5:19 PM EDT) -- Bend, Ore.-based Deep Photonics Corp., which makes lasers for the semiconductor, medical, energy and other industries, filed for bankruptcy protection in Oregon on Friday, but included hopeful projections for its post-bankruptcy future with an expanding market, as well as claims against its former CEO.

Deep Photonics, which develops solid-state fiber lasers for use in LED manufacturing, semiconductor wafer processing and solar panel production, said that it hopes to collect up to $75 million from its former CEO and that demand for its products is expected to...
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