Benevis Files for Chapter 11 Bankruptcy

LT Smile Corporation, along with its subsidiaries Benevis Holding Corporation, Benevis Corporation, Benevis LLC, Benevis Affiliates LLC, and Benevis Informatics LLC (“Benevis”), has filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code to generate recapitalization and sale of the business.

Benevis has cited the COVID-19 closures as a contributory factor for the filing. Additionally, Benevis reported a 68% decrease in revenues from March through May 2020 from the same time period last year.

Source: Benevis Files for Chapter 11 Bankruptcy / Dentistry Today

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