This Chapter 11 case is an anomaly” since ‘there never has been a pretense of a rehabilitation or a reorganization’ of Merit Street, a bankruptcy judge said this week.
Dr. Phil McGraw has lost a court battle over his media startup’s bankruptcy, according to the Hollywood Reporter, amid allegations that he stripped the company to launch a new venture. U.S. Bankruptcy ...
Trinity Broadcasting Network, former business partner of Dr. Phil’s now-bankrupt Merit Street Media, filed a counterclaim against the TV personality -- alleging he engaged in a scheme to “fleece” the ...
A federal judge ordered that a bankruptcy proceeding for Dr. Phil McGraw’s Merit Street Media, the TV personality’s failed television network venture, be converted to a Chapter 7 liquidation — saying ...
(Updated with second Dr. Phil statement + Trinity Broadcasting & Professional Bull Riders statements) A federal judge today ruled Dr. Phil cannot clean his own slate with a Chapter 11 for his now dead ...