November 06, 2023
SmileDirectClub alleged that Invisalign maker Align Technology is objecting to final approval of the debtor-in-possession financing in SmileDirectClub's Chapter 11 case in Texas bankruptcy court as a continuation of Align's litigation campaign bent on destroying its competitor.
November 03, 2023
Unsecured creditors in SmileDirectClub's Chapter 11 case urged a Texas bankruptcy judge to postpone the final hearing on a $55 million debtor-in-possession funding package, saying the terms of the loan would impede their "appropriate and necessary" investigation into potential wrongdoing by company insiders.
October 13, 2023
Mail-order dental service company SmileDirectClub has asked a Texas bankruptcy judge to quickly approve a $5.25 million sale of its corporate jet, saying the company no longer needed it after shifting to a work-from-home model during the COVID-19 pandemic.
October 02, 2023
Bankrupt dental treatment service SmileDirectClub Inc. received approval from a Texas judge Monday to borrow $30 million under a Chapter 11 lending package to help fund its search for a buyer after filing for bankruptcy late Friday with more than $1 billion in debt.