Two eye laser surgery companies placed under protection of the High Court

TWO companies operating eye laser surgery clinics in Dublin and Cork have been placed under the protection of the High Court after it was told they have a reasonable prospect of survival.

The companies incurred losses as a result of increased competition in recent years but are hopeful of survival following a number of measures, including the implementation of substantial price reductions, Mr Justice Peter Kelly has heard.

The judge granted an application by Gary McCarthy, for the companies, to appoint David Swinburne of KPMG as examiner to KPW Laser Ltd, Copley Street, Cork, and SMW Laser Ltd, Model Farm Road, Cork.