SmileDirectClub To Wind Down After Sale Efforts Collapse - Law360: 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.
Bankrupt Fruit Grower Cancels Auction With No Proper Bid - Law360: Stone fruit producer Prima Wawona decided to cancel the auction scheduled for Friday to sell its assets for its Chapter 11 bankruptcy case, after not receiving any bids that met the requirements under the bidding procedure.