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Novan, Inc.

COURT
Delaware Bankruptcy Court
CASE NUMBER
1:2023bk10937
TYPE / CHAPTER
Voluntary / 11

Filed

7-17-23

Updated

11-17-24

Last Checked

8-11-23

Assets

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Liabilities

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Docket

Last Updated
Jul 18, 2023
Last Entry Filed
Jul 17, 2023

Docket Entries by Month

Jul 17, 2023 1 Petition Chapter 11 Voluntary Petition . Fee Amount $1738. Filed by Novan, Inc., Derek C. Abbott. (Abbott, Derek) (Entered: 07/17/2023)
Jul 17, 2023 Judge Laurie Selber Silverstein added to case (SJS) (Entered: 07/17/2023)
Jul 17, 2023 Filed by U.S. Trustee. (Casey, Linda) (Entered: 07/17/2023)
Jul 17, 2023 2 Receipt of filing fee for Voluntary Petition (Chapter 11)( 23-10937) [misc,volp11a] (1738.00). Receipt Number A11172182, amount $1738.00. (U.S. Treasury) (Entered: 07/17/2023)
Jul 17, 2023 3 Motion for Joint Administration // Motion of Debtors for Entry of an Order Authorizing the Joint Administration of Debtors' Chapter 11 Cases Filed by Novan, Inc.. (Attachments: # 1 Exhibit A) (Abbott, Derek) (Entered: 07/17/2023)
Jul 17, 2023 4 Declaration in Support // Declaration of Paula Brown Stafford in Support of Debtors' Chapter 11 Petitions and First Day Motions Filed by Novan, Inc.. (Attachments: # 1 Schedule 1) (Abbott, Derek) (Entered: 07/17/2023)
Jul 17, 2023 5 Application to Appoint Claims/Noticing Agent KURTZMAN CARSON CONSULTANTS, LLC Filed by Novan, Inc.. (Attachments: # 1 Exhibit A) (Abbott, Derek) (Entered: 07/17/2023)
Jul 17, 2023 6 Motion to Authorize // Motion of the Debtors for Entry of an Order Authorizing the Debtors to (A) File a Consolidated List of Creditors in Lieu of Submitting a Separate Mailing Matrix for Each Debtor, (B) File a Consolidated List of the Debtors Thirty Largest Unsecured Creditors and (C) File Under Seal Portions of the Creditor Matrix and Other Filings Containing Certain Personal Identification Information Filed by Novan, Inc.. (Attachments: # 1 Exhibit A) (Abbott, Derek) (Entered: 07/17/2023)
Jul 17, 2023 7 Motion to Approve Use of Cash Collateral // Debtors' Motion for Entry of Interim and Final Orders (I) Authorizing Debtors to (A) Continue Their Existing Cash Management System, (B) Honor Certain Prepetition Obligations Related Thereto, (C) Maintain Their Bank Accounts and Existing Business Forms, (D) Implement Changes to the Existing Cash Management System as Necessary, and (E) Continue Ordinary Course Intercompany Transactions, (II) Waiving the Requirements of 11 U.S.C. § 345(b) and the U.S. Trustees Operating Guidelines, and (III) Granting Related Relief Filed By Novan, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B)(Abbott, Derek) (Entered: 07/17/2023)
Jul 17, 2023 8 Motion to Pay Employee Wages // Debtors' Motion for Entry of Interim and Final Orders (I) Authorizing Debtors to (A) Pay Certain Prepetition Employment Obligations and (B) Maintain Employee Benefits Programs and (II) Granting Related Relief Filed By Novan, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B)(Abbott, Derek) (Entered: 07/17/2023)
Jul 17, 2023 9 Motion Prohibiting Utilities from Discontinuing Service // Motion of Debtors for Entry of Interim and Final Orders, Pursuant to Sections 105(a) and 366 of the Bankruptcy Code, (I) Approving Debtors' Proposed Form of Adequate Assurance of Payment, (II) Establishing Procedures for Resolving Objections and Requests for Additional Assurance from Utility Companies, (III) Prohibiting Utility Companies from Altering, Refusing, or Discontinuing Service, and (IV) Granting Related Relief Filed By Novan, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B)(Abbott, Derek) (Entered: 07/17/2023)
Jul 17, 2023 10 Motion to Pay Sales and Use Taxes // Motion of Debtors for Entry of Interim and Final Orders (I) Authorizing Debtors to Pay Certain Prepetition Taxes and Related Obligations and (II) Authorizing Banks to Honor and Process Checks and Transfers Related to Such Prepetition Taxes and Related Obligations Filed By Novan, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B)(Abbott, Derek) (Entered: 07/17/2023)
Jul 17, 2023 11 Motion to Authorize // Motion of Debtors for Entry of Interim and Final Orders Authorizing Debtors to (I) Continue Their Insurance Program, (II) Pay All Prepetition and Postpetition Obligations with Respect Thereto, and (III) Authorizing Banks to Honor and Process Checks and Transfers Related to Such Insurance Obligations Filed by Novan, Inc.. (Attachments: # 1 Schedule 1 # 2 Exhibit A # 3 Exhibit B) (Abbott, Derek) (Entered: 07/17/2023)
Jul 17, 2023 12 Motion to Pay Critical Trade Vendor Claims // Debtors' Motion for Interim and Final Orders (I) Authorizing Payment of Prepetition Claims of Certain Critical Vendors and (II) Granting Related Relief Filed By Novan, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C)(Abbott, Derek) (Entered: 07/17/2023)
Jul 17, 2023 13 [SEALED] List of Creditors Filed by Novan, Inc.. (Butz, Daniel) (Entered: 07/17/2023)
Jul 17, 2023 14 List of Creditors (Redacted) Related Docket No. 6 & 13 Filed by Novan, Inc.. (Mann, Tamara) (Entered: 07/17/2023)
Jul 17, 2023 15 Motion to Approve Debtor In Possession Financing Filed By Novan, Inc. (Attachments: # 1 Exhibit A)(Abbott, Derek) (Entered: 07/17/2023)

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Case Information

Court
Delaware Bankruptcy Court
Case number
1:2023bk10937
Assets
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Liabilities
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Judge
Laurie Selber Silverstein
Chapter
11
Filed
Jul 17, 2023
Type
voluntary
Updated
Nov 17, 2024
Last checked
Aug 11, 2023

Associated Cases

Creditors

Subscribe now or purchase this single case to see the full creditors list.
Junji Suzuki
Junji Suzuki
Junji Suzuki

Parties

Debtor

Novan, Inc.
4020 Stirrup Creek Dr
Suite 110
Durham, NC 27703
DURHAM-NC
Tax ID / EIN: xx-xxx7682

Represented By

Derek C. Abbott
Morris, Nichols, Arsht & Tunnell
1201 N. Market Street
P.O. Box 1347
Wilmington, DE 19899
(302) 658-9200
Fax : 302-658-3989
Email: dabbott@mnat.com
Daniel B. Butz
Morris, Nichols, Arsht & Tunnell LLP
1201 N. Market Street
16th Floor
Wilmington, DE 19801
302-575-7348
Fax : 302-658-3989
Email: dbutz@mnat.com
Scott Jones
Morris, Nichols, Arsht & Tunnell
1201 N. Market St.
16th Floor
Wilmington, DE 19899-1347
302-351-9118
Email: sjones@morrisnichols.com
Tamara K. Mann
Morris, Nichols, Arsht & Tunnell LLP
1201 North Market Street
PO BOX 1347
Wilmington, DE 19866
302-658-9200
Fax : 302-658-3989
Email: tmann@mnat.com

U.S. Trustee

U.S. Trustee
Office of the United States Trustee
J. Caleb Boggs Federal Building
844 King Street, Suite 2207
Lockbox 35
Wilmington, DE 19801
(302)-573-6491

Represented By

Linda J. Casey
Office of United States Trustee
844 King Street
Suite 2207
Wilmington, DE 19801
302-573-6491
Fax : 302-573-6497
Email: Linda.Casey@usdoj.gov

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