Without knowing exactly how the Novak LVC functions, you may be able to help with that by using a diode and a small capacitor (and maybe a small resistor) like in the diagram below:
The capacitor would be a small value, like 0.1uF, and is there to store the voltage. When a high current pulse happens, the battery voltage will drop, but this capacitor will
slowly drain and the LVC won't respond as quickly. By the time the cap would reach the cutoff voltage of the LVC, the battery voltage is back up. Basically, just adds a delay.
The resistor helps control the rate at which the cap discharges for a faster or slower delay since I have no idea what kind of load the LVC itself presents.
The diode will allow current to flow into the LVC to prevent the small cap from trying to supply the ESC (which would totally negate the purpose of this idea). The diode would have to be a low v-drop type like germanium because the LVC will see the battery pack V minus whatever voltage the diode drops. But since the LVC is not as sensitive to voltage sags, it should be fine.