SmileDirectClub, Inc.

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Case Number:

4:23-bk-90786

Court:

Texas Southern

Nature of Suit:

Firms

Companies

Government Agencies

Texas Comptroller of Public Accounts

Sectors & Industries:

October 18, 2024
Judge Denies SmileDirect Trustee's Litigation Funding Ask

A Texas bankruptcy judge on Friday denied a request from the Chapter 7 trustee overseeing SmileDirectClub's liquidation to fund litigation against company insiders by giving the trustee's special litigation attorneys liens on any money they recover, saying a debtor-in-possession funding order precluded such an arrangement.
September 06, 2024
SmileDirect's DIP Lender Wants Ch. 7 Suit Funding Bid Axed

A company formed by the founders of defunct teledentistry group SmileDirectClub has said a Chapter 7 trustee can't usurp liens it received on SmileDirectClub's assets under a debtor-in-possession loan, urging a Houston bankruptcy judge to reject a request from the debtor's Chapter 7 trustee to use proceeds from litigation against company insiders to pay legal fees.
February 14, 2024
SmileDirectClub Trustee Wants To Cut Leases To Stop Losses

The Chapter 7 trustee for dental care company SmileDirectClub Inc. submitted an emergency motion in a Texas court to end more than 100 active leases and discard related assets, aiming to slow the depletion of limited resources during the company's liquidation process.
January 24, 2024
Texas Judge Orders SmileDirectClub To Convert To Ch. 7

A Houston bankruptcy judge Wednesday ruled former teledentistry company SmileDirectClub Inc. should be liquidated under the supervision of a Chapter 7 trustee, finding terms of its proposed structured dismissal looked too much like a Chapter 11 plan.
January 18, 2024
SmileDirectClub Pushes Ch. 11 Wind-Down, Fights Ch. 7 Bids

Defunct teledentistry firm SmileDirectClub urged a Houston bankruptcy judge Thursday to greenlight the company's bid to wind down its insolvency through the ongoing Chapter 11 process, rather than Chapter 7, despite calls from creditors and the U.S. Trustee's Office to convert the case and liquidate the business.
January 17, 2024
SmileDirect Defends Ch. 11 Deal After US Trustee's Objection

Bankrupt teledentistry company SmileDirectClub Inc. is defending its global settlement after it received objections from the U.S. Trustee's Office, saying its proposal to transfer its business to post-petition lenders is "by far the highest and best alternative available to the debtors."
January 10, 2024
US Trustee Calls SmileDirect Ch. 11 Deal An Improper Plan

The Office of the United States Trustee objected Wednesday to a global settlement proposed by bankrupt teledentistry company SmileDirectClub Inc., saying it amounts to an impermissible sub rosa plan that wouldn't cover the administrative costs of the Chapter 11 case prior to its dismissal.
January 08, 2024
SmileDirect Hit With WARN Act Suit After Failed Ch. 11 Sale

A SmileDirectClub worker who was fired after the company failed to sell its business in Chapter 11 sued the now-defunct dental-technology firm in a proposed class action filed in Texas bankruptcy court Monday, alleging SmileDirect violated federal law by terminating its employees without adequate notice.
December 08, 2023
SmileDirectClub To Wind Down After Sale Efforts Collapse

Teledentistry company SmileDirectClub Inc. will wind down its business, attorneys for the company told a Texas bankruptcy judge Friday, after a failed going concern sale effort thwarted its Chapter 11 plans.
December 04, 2023
SmileDirect Competitor Align Blasts Ch. 11 Plan Disclosures

Invisalign maker Align Technology is asking a Texas bankruptcy judge to reject SmileDirectClub's disclosure of its Chapter 11 plan, saying the plan is unfair and unworkable and that the mail-order dental service provider isn't fully disclosing its legal issues.

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