🦃New Chapter 11 Bankruptcy Filing - LBI Media Inc.🦃
Company Collapses Under Too Much Debt/Litigation
November 21, 2018
Happy Thanksgiving y’all!! LBI Media Inc. and several affiliates FINALLY filed for bankruptcy today in the District of Delaware after years of questions about its financial health. The company is a privately held minority-owned Spanish-language broadcaster that owns or licenses 27 Spanish-language television and radio stations in the la…