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Novation Companies, Inc.

COURT
Delaware Bankruptcy Court
CASE NUMBER
1:2023bk11153
TYPE / CHAPTER
Voluntary / 11

Filed

8-13-23

Updated

3-17-24

Last Checked

9-6-23

Assets

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Liabilities

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Docket

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

Docket Entries by Month

There are 23 older docket entries.

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Aug 13, 2023 23 Schedules/Statements filed: Sch A-B, Sch D, Sch E-F, Sch G, Sch H, , Sum of Assets and Liabilities, Decl Concerning Debtors Schs,. - Novation Holdings, Inc. - 23-11152 Filed by Novation Companies, Inc.. (Mielke, Allison) (Entered: 08/13/2023)
Aug 13, 2023 24 Schedules/Statements filed: , Stmt of Financial Affairs,. - Novation Holdings, Inc. - 23-11152 Filed by Novation Companies, Inc.. (Mielke, Allison) (Entered: 08/13/2023)
Aug 13, 2023 25 Schedules/Statements filed: Sch A-B, Sch D, Sch E-F, Sch G, Sch H, , Sum of Assets and Liabilities, Decl Concerning Debtors Schs,. - Healthcare Staffing, Inc. - 23-11154 Filed by Novation Companies, Inc.. (Mielke, Allison) (Entered: 08/13/2023)
Aug 13, 2023 26 Schedules/Statements filed: , Stmt of Financial Affairs,. - Healthcare Staffing, Inc. - 23-11154 Filed by Novation Companies, Inc.. (Mielke, Allison) (Entered: 08/13/2023)
Aug 13, 2023 27 Schedules/Statements filed: Sch A-B, Sch D, Sch E-F, Sch G, Sch H, , Sum of Assets and Liabilities, Decl Concerning Debtors Schs,. - Novastar Mortgage, LLC - 23-11155 Filed by Novation Companies, Inc.. (Mielke, Allison) (Entered: 08/13/2023)
Aug 13, 2023 28 Schedules/Statements filed: , Stmt of Financial Affairs,. - Novastar Mortgage, LLC - 23-11155 Filed by Novation Companies, Inc.. (Mielke, Allison) (Entered: 08/13/2023)
Aug 13, 2023 Filed by U.S. Trustee. (Schepacarter, Richard) (Entered: 08/13/2023)
Aug 14, 2023 29 Notice of Appearance. Filed by Nighthawks Holdings I, LLC. (Monzo, Eric) (Entered: 08/14/2023)
Aug 14, 2023 Attorney Brya Michele Keilson and Eric J. Monzo for Nighthawks Holdings I, LLC, Daniel B. Besikof and Eric J. Monzo for Nighthawks Holdings I, LLC, Guy Macarol and Eric J. Monzo for Nighthawks Holdings I, LLC added to case Filed by Nighthawks Holdings I, LLC. (Monzo, Eric) (Entered: 08/14/2023)
Aug 14, 2023 30 Motion to Appear pro hac vice of Daniel B. Besikof of Loeb & Loeb LLP. Receipt Number 4200564, Filed by Nighthawks Holdings I, LLC. (Monzo, Eric) (Entered: 08/14/2023)
Show 10 more entries
Aug 15, 2023 40 Order Granting Motion to Appear Pro Hac Vice for Jonathan I. Levine of McDermott Will & Emery LLP (Related Document(s) 37) Order Signed on 8/15/2023. (RC) (Entered: 08/15/2023)
Aug 15, 2023 41 Minute Entry Re: 34 ; Telephonic First Day Hearing Held; Agenda Items: (3-12) - First Day Motions ( 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 ) are GRANTED; orders to be uploaded for signing; motion Second Day Hearing set for 9/13/2023 at 10:00 AM; Confirmation Hearing tentatively set for 10/4/2023 at 10:00 AM; Appearances: (See Attached Registration Sheets) (RC) (Entered: 08/15/2023)
Aug 15, 2023 42 PDF with attached Audio File. Court Date & Time [08/15/2023 02:02:30 PM]. File Size [ 15214 KB ]. Run Time [ 00:32:02 ]. (admin). (Entered: 08/15/2023)
Aug 15, 2023 43 Order Authorizing the Joint Administration of the Debtors' Chapter 11 Cases. An Order has been entered in this case directing the consolidation and joint administration for procedural purposes only of the chapter 11 cases of Novation Holding, Inc., Novation Companies, Inc., Healthcare Staffing, Inc., and NovaStar Mortgage LLC. The docket in the chapter 11 case of Novation Companies, Inc., Case No. 23- 11153 (JTD), should be consulted for all matters concerning this case. (Related Document(s) 3) Order Signed on 8/15/2023. (RC) Modified text on 8/17/2023 (SJS). (Entered: 08/15/2023)
Aug 15, 2023 44 Order (INTERIM) (I) Modifying Requirements to File a List of, and Provide Notice to, All Equity Holders, (II) Authorizing Redaction of Certain Personal Identification Information From the Creditor Matrix and Other Documents, and (III) Granting Related Relief (Related Document(s) 4) Order Signed on 8/15/2023. (RC) (Entered: 08/15/2023)
Aug 15, 2023 45 Order Authorizing Retention and Appointment of Stretto as Claims and Noticing Agent (Related Document(s) 5) Order Signed on 8/15/2023. (Attachments: # 1 Exhibit) (RC) (Entered: 08/15/2023)
Aug 15, 2023 46 Order (INTERIM) (I) Prohibiting Utility Companies from Altering, Refusing, or Discontinuing Utility Services; (II) Deeming Utility Companies Adequately Assured of Future Payment; (III) Establishing Procedures for Determining Additional Adequate Assurance of Payment and (IV) Setting a Final Hearing Related Thereto (Related Document(s) 6) Order Signed on 8/15/2023. (RC) (Entered: 08/15/2023)
Aug 15, 2023 47 Order (INTERIM) (I) Authorizing (A) Payment of Prepetition Obligations Incurred in the Ordinary Course of Business in Connection with Insurance Programs, Including Payment of Policy Premiums and Broker Fees; and (B) Continuation of Insurance Premium Financing Programs; and (II) Authorizing Banks to Honor and Process Check and Electronic Transfer Requests Related Thereto (Related Document(s) 7) Order Signed on 8/15/2023. (RC) (Entered: 08/15/2023)
Aug 15, 2023 48 Order (INTERIM) (I) Authorizing (A) Payment of Prepetition Employee Wages, Salaries and Other Compensation; (B) Payment of Prepetition Employee Business Expenses; (C) Contributions to Prepetition Employee Benefit Programs and Continuation of Such Programs in the Ordinary Course; (D) Payment of Workers Compensation Obligations; and (E) Payment and Remittance of Funds on Account of Withholding and Payroll-Related Taxes and Deductions; and (II) Authorizing Banks to Honor and Process Check and Electronic Transfer Requests Related Thereto (Related Document(s) 8) Order Signed on 8/15/2023. (RC) (Entered: 08/15/2023)
Aug 15, 2023 49 Order (INTERIM) (I) Authorizing and Approving Continued Use of Cash Management System, (II) Authorizing Use of Prepetition Bank Accounts and Business Forms, (III) Waiving the Requirements of Section 345(b) on an Interim Basis, (IV) Granting Administrative Expense Status to Postpetition Intercompany Claims, and (V) Granting Certain Related Relief (Related Document(s) 9) Order Signed on 8/15/2023. (RC) (Entered: 08/15/2023)

There are 10 newer docket entries.

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Case Information

Court
Delaware Bankruptcy Court
Case number
1:2023bk11153
Assets
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Liabilities
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Judge
John T. Dorsey
Chapter
11
Filed
Aug 13, 2023
Type
voluntary
Updated
Mar 17, 2024
Last checked
Sep 6, 2023

Creditors

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Delaware State Treasury
Internal Revenue Service
Secretary of State
Securities & Exchange Commission
Securities & Exchange Commission

Parties

Debtor

Novation Companies, Inc.
1724 Phoenix Parkway
Building 600
College Park, GA 30349
CLAYTON-GA
Tax ID / EIN: xx-xxx0661
dba NovaStar Financial, Inc.

Represented By

Kristin L McElroy
Young Conaway Stargatt & Taylor, LLP
Rodney Square
1000 North King Street
Wilmington, DE 19801
302-571-6600
Email: bankfilings@ycst.com
Allison S Mielke
Young Conaway
Rodney Square
1000 N. King Street
Wilmington, DE 19801
302-571-6600
Email: bankfilings@ycst.com
Robert F. Poppiti, Jr.
Young, Conaway, Stargatt & Taylor, LLP
1000 North King Street
Wilmington, DE 19801
302-571-6600
Email: bankfilings@ycst.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

Richard L. Schepacarter
Office of the United States Trustee
U. S. Department of Justice
844 King Street, Suite 2207
Lockbox #35
Wilmington, DE 19801
usa
302-573-6491
Fax : 302-573-6497
Email: richard.schepacarter@usdoj.gov

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