SmileDirectClub, Inc. along with its eight affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas on September 29, 2023. The debtor listed its assets in the range of $0.50 billion to $1 billion and liabilities in the range of $1 billion to $10 billion. The debtor is represented by Emily Meraia, Genevieve Marie Graham, and Rebecca Blake Chaikin of Jackson Walker LLP as its legal counsel.

The debtor also hired Centerview Partners LLC as financial advisor and investment banker, FTI Consulting Inc. as restructuring advisor, and Kroll Restructuring Administration LLC as notice and claims agent.