Inactive Instrument

Novation Companies, Inc.

NOVC

US66989V1070

Novation Companies, Inc. Emerged from Bankruptcy

Published on 10/26/2023 at 12:00 am EDT

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NOVATION COMPANIES, INC.

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Novation Companies, Inc. emerged from its Chapter 11 bankruptcy as its Pre-packaged plan of reorganization became effective on October 26, 2023. Novation Companies, Inc. had filed its modified Pre-packaged plan in the Court on September 27, 2023.

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Latest news about Novation Companies, Inc.

23-10-26	Novation Companies, Inc. Emerged from Bankruptcy	CI
23-10-06	Modified Pre-Packaged Joint Reorganization Plan and Disclosure Statement Approved for Novation Companies, Inc.	CI
23-09-11	Final DIP Financing Approved for Novation Companies, Inc.	CI
23-08-28	US judge tosses most of Commerzbank $1 billion mortgage lawsuit against BNY Mellon	RE
23-08-15	Motion for Joint Administration Approved for Novation Companies, Inc.	CI
23-08-15	Combined Hearing for Disclosure Statement and Prepackaged Plan Approved for Novation Companies, Inc.	CI
23-08-15	Interim DIP Financing Approved for Novation Companies, Inc.	CI
23-08-13	Pre-Packaged Reorganization Joint Plan and Disclosure Statement Filed by Novation Companies, Inc.	CI
23-08-13	Motion for Joint Administration Filed by Novation Companies, Inc.	CI
23-08-13	Novation Companies, Inc. Filed for Bankruptcy	CI
22-04-07	Novation Companies, Inc. Announces Resignation Carolyn K. Campbell as Chief Financial Officer	CI
22-04-07	Novation Companies, Inc. Announces Resignation of David W. Pointer as A Member of the Board of Directors	CI
22-01-21	Novation Companies, Inc. Announces Resignation of David W. Pointer as Chief Executive Officer	CI
22-01-21	Novation Companies, Inc. Appoints as Michael Wyse as Chief Restructuring Officer	CI
21-11-12	Novation Companies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	CI

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Company Profile

Novation Companies, Inc. provides outsourced health care staffing and related services in the state of Georgia. The Company operates through its wholly owned subsidiary, Healthcare Staffing, Inc. (HCS). HCS delivers outsourced full-time and part-time employees primarily to Community Service Boards (CSBs), quasi state organizations that provide behavioural health services at facilities across Georgia, including mental health services, developmental disabilities programs, and substance abuse treatments. HCS also provides healthcare outsourcing and staffing services to hospitals, schools, and a range of privately-owned businesses. The Company's subsidiaries include Novation Holding, Inc., NovaStar Mortgage LLC, NovaStar Mortgage Funding Corporation, and NovaStar REMIC Financing Corporation.

Employees

1,219

Sector

Employment Services

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