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US Trustee Calls SmileDirect Ch. 11 Deal An Improper Plan

By Vince Sullivan (January 10, 2024, 7:17 PM EST) -- 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....

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