A Big Thursday Ahead For LBI Media


On April 10, the Burbank, Calif.-based multimedia company founded by the Liberman family found itself smack dab in the middle of a fight with junior noteholders regarding its desire to extend the approval period for its plan to emerge from Chapter 11 bankruptcy protection.

Now, LBI Media appears to have run out of time. On Thursday morning, a confirmation hearing will be conducted in a Delaware federal bankruptcy court.

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