Came across the error: Error returned while creating the volume shadow copy: 0x8004230f
This was while running a System State backup job through NTBackup on a Windows Server 2003 Standard server fully patched and updated.
Found a KB article from Microsoft that resolved the issue for me and the manual fix has been turned into a batch file to make this easier to repair next time.
fixvss.cmd
@echo off REM Fix VSS KB940032 REM Server 2003 cd /d %windir%system32 Net stop vss Net stop swprv regsvr32 ole32.dll regsvr32 oleaut32.dll regsvr32 vss_ps.dll vssvc /register regsvr32 /i swprv.dll regsvr32 /i eventcls.dll regsvr32 es.dll regsvr32 stdprov.dll regsvr32 vssui.dll regsvr32 msxml.dll regsvr32 msxml3.dll regsvr32 msxml4.dll