LBI Moves To Thwart Junior Noteholder Plan In Court

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A series of damaging claims from a group of second-lien noteholders displeased at actions taken by LBI Media that involve HPS Investment Partners were filed in mid-January in the Delaware bankruptcy court overseeing LBI’s Chapter 11 restructuring plan.


Now, these junior noteholders are being thwarted by the owner of Liberman Broadcasting and the Estrella TV network in pursuing an adversary complaint in the Delaware bankruptcy court overseeing Burbank, Calif.-based LBI’s restructuring proceeding.

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