Wed 01/24/2024 17:46 PM
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Judge Christopher Lopez announced today that he will deny the SmileDirectClub debtors’ motion to approve a sale to DIP lenders and a structured dismissal of their cases and convert the cases to chapter 7, sustaining objections from former competitor Align Technologies, prepetition administrative agent HPS Investment Partners, the ad hoc committee of convertible noteholders and the Office of the U.S. Trustee.

Judge Lopez cited the lack of support from...
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