June 18, 2013
Laser manufacturer Deep Photonics Corp. on Monday submitted its Chapter 11 reorganization plan, which relies on the proceeds of pending litigation in Oregon against its former CEO as well as future company profits to repay its general unsecured creditors in full.
February 07, 2013
An Oregon federal bankruptcy judge on Wednesday declined to dismiss the Chapter 11 case of laser manufacturer Deep Photonics Corp., stifling a bid from the company's former CEO and others, who had claimed the company was trying to avoid a Delaware state court default judgment related to its $75 million trade secrets suit.
January 25, 2013
Oregon laser maker Deep Photonics Corp. said Thursday that its former CEO and others can't dismiss its bankruptcy case or force it into liquidation, arguing they were just trying to avoid separate litigation accusing them of swiping trade secrets from Deep Photonics.