LBI Media – Seeks Authorization to Obtain $38 million in DIP Financing, $10 million on Interim Basis

November 21, 2018 – LBI Media filed a motion to obtain debtor-in-possession (“DIP”) financing including in respect of interim borrowings of up to $10 million [Docket No. 12]. The motion states, “The Debtors seek authorization to obtain DIP Financing under a multiple-draw super-priority senior secured term loan facility in an aggregate principal amount not to…